Ray Dalio says Bitcoin is not the answer, the community responds

While billionaire Ray Dalio believes that fiat is in jeopardy, he also thinks that neither Bitcoin (BTC) nor stablecoins are the answer. In response, crypto community members took to Twitter to express their opinion on the topic.  In a recent interview on CNBC’s Squawk, Dalio shared his takes on Bitcoin being a potential solution to the problems with fiat currency. […]

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Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more

Bitcoin Ordinals causes fees to spike The Bitcoin (BTC)-native Ordinals protocol is taking up record-breaking space on the blockchain and in the process is hiking the transaction fees on the network. The divisive newly launched protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content. So far, inscriptions have included content such as images, […]

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Tether CTO Paolo Ardoino on taking the bull by the horn

Stablecoins have been under much scrutiny since the implosion of the third-largest stablecoin by market cap, TerraUSD (UST), in May 2022. The UST saga led to a lot of skepticism that caused consumers to question the safety of stablecoins.  In the seventh episode of Hashing It Out, Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) interviews Paolo Ardoino, Tether’s chief technology officer, about […]

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SEC Under Scrutiny: Congress To Review Regulatory Overreach – Coinpedia Fintech News

For several months, the SEC has been under fire for its actions. It was unsuccessful in preventing the FTX from collapsing and saving investors millions of dollars. It has a long-running lawsuit against Ripple and a recently concluded lawsuit against LBRY.  U.S. Securities Exchange Commission (SEC) Chairman Gary Gensler has been criticized by Minnesota Senator Tom Emmer for his flawed […]

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Bitcoin Is About To Break Out And Challenge $24000

Bitcoin (BTC) is on the verge of breaking through the $24,000 level. Bitcoin price long-term forecast: bullish The digital currency asset has broken above resistance but was rejected at a high of $24,358. The BTC price surpassed the recent high for the first time, but buyers were unable to sustain the upward momentum. Today, the BTC price resumed its uptrend […]

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