Due to the recent BRC-20 frenzy, Bitcoin blockchain activity has been increasing. This year, between mid-April and mid-May, the 7-day moving average of daily Bitcoin transactions increased by 89%, from 309,000 to 586,000, in just one month.
Read MoreThe parent company of Facebook and WhatsApp, Meta, has just received the largest sanction ever issued by European privacy regulators. Ireland's Data Protection Commission (DPC) fined the tech behemoth $1.3 billion for allegedly mishandling user data by transferring it from Europe to the United States. It was determined that Meta exposed European citizens to the relatively inferior data protection laws of the United States.
Read MoreAmidst rising hopes for a US debt-ceiling agreement, the original digital asset appears agitated.
Read MoreThe $17bn impact of the megabank's hurried acquisition of its insolvent rival is, however, significant.
Read MoreTuesday, congressional leaders from both parties failed to reach a consensus on raising the debt limit. What is gold's purpose?
Read MoreBinance, the largest cryptocurrency exchange in the world, has announced that it will withdraw from Canada due to mounting regulatory pressures. Prior to a few weeks ago, Canadian financial regulators imposed a series of restrictions on crypto exchanges, limiting the amount of money that could be invested and introducing new registration requirements. Companies that failed to incorporate these new regulations into their operations were threatened with legal action.
Read MoreThe most recent GDP figures were released one day after the Bank of England raised rates for the twelfth consecutive time.
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