Crypto News
What Is Hamster Kombat? The Telegram Crypto Game and Airdrop
UPDATE: The airdrop missed July, but Hamster Kombat's team has offered new clues on when the token is coming—and how best to earn a share.Source link
Feasibility of Trillion-Dollar Platinum Coin Discussed by US Government, FOIA Documents Show
The trillion-dollar coin, an idea that surged as a solution to raising the U.S. debt ceiling on more than one occasion, was recently revealed to have been considered by the government several times. Memos obtained via FOIA requests by journalist Jason Leopold show that, even though it was considered outrageous by some, it was seriouslySource link
What Is a Carry Trade and What Does It Have to Do With the Bitcoin Crash?
As traders move to cover souring bets on the yen, the prices of risk assets (including Bitcoin) have taken a beating as a result.Source link
Goldman Sachs Raises US Recession Risk to 25%
Global investment bank Goldman Sachs has increased the likelihood of a U.S. recession within the next year to 25% from the previous 15%, although they maintain that the risk remains limited. Despite the recent rise in unemployment to its highest in nearly three years and a significant slowdown in hiring, Goldman economists, led by JanSource link
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.Source link