Amid the price carnage this week, Crypto Twitter turned to jokes and memes, and mocked a DAO that was confused about IP.

On Frida, January 21, the broader cryptocurrency market extended further losses tanking another 8%. This is the second consecutive day of heavy selling in the crypto space as investors lose more than $350 billion in cumulative wealth. As of press time, Bitcoin is down 7.38% and is currently trading at $36,611 with a market cap

The post Second Consecutive Crash Day Extends Investor Loses Over $350 Billion, El Salvador Buys the Dip appeared first on CoinGape.

Investors in need of a lift Earnings season is off to a rocky start and not only are investors not comforted by what they’re seeing, but it’s also contributing to the unease in the markets. The next week will be huge after an awful start to the year that’s brought inflation and interest rate anxiety, […]

Investors betting that El Salvador will default over the next five years have more than tripled credit swap prices since it adopted Bitcoin.

The post Will El Salvador default on its debt because of Bitcoin? Markets say yes appeared first on Protos.

El Salvador President Nayib Bukele took on Twitter on Sunday, January 17, responding to a warning from rating agency Moody’s. However, Moody’s has confirmed that the Central American country’s ratings remain unchanged. President Nayib Bukele Tweeted: “BREAKING: EL SALVADOR DGAF” which means “don’t give a fuck”. President Bukele was responding to a tweet from Investing.com.

The post Moody’s Confirms El Salvador’s Ratings Unchanged After President Bukele’s Reactive Tweet appeared first on CoinGape.

January 17, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ USDC supply on Ethereum passed USDT for the first time[...]

The post Walmart and Crocs Go Web3 appeared first on Unchained Podcast.

The credit rating agency believes El Salvador’s Bitcoin experiment has elevated the country’s risk profile and could limit its access to foreign debt markets.

An analyst at Moody’s has said that El Salvador’s Bitcoin purchases add risk to El Salvador’s concerning sovereign credit outlook.

Moody’s has said that El Salvador’s Bitcoin trades represent extra risk to a sovereign credit outlook. According to the company’s analyst, Jaime Reusche, the country’s credit outlook was already weak and showing growing signs of failure.

Commodities is an industry of a massive scale and it’s here to stay. This is where Sid Patil finds his niche. Sid is the co-founder and...

Central banks have a massive dilemma on their hands There’s a clear and unintentional theme to this weeks preview, something that’s increasingly come to...

Inflation is a growing concern For years central banks have been operating under the assumption that inflation will eventually return to target while...