Is Bitcoin really a hedge against inflation?

Bitcoin is working as a hedge against inflation despite its 2022 weak price performance, says Steven Lubka, managing director of private clients at Swan Bitcoin. While Bitcoin (BTC) has failed in countering this year's rampant global inflation, it should still be considered as an inflation hedge, says Steven Lubka, the managing director of private consumers at Swan Bitcoin. According to Lubka, Bitcoin works well as a hedge against rising prices when inflation is caused by monetary expansion.

UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries

A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries.” The intergovernmental group stressed that if cryptocurrencies become a widespread means of payment, it could jeopardize the monetary sovereignty of countries.

Expansion of short-term BTC holders suggests 'final flush' of sellers

Short-term holders expanding their BTC holdings indicates that heavy sell-offs have taken place. A recent spike in short-term BTC holders could signal a “final flush” of sellers, meaning the capitulation events have played out, leaving the market ready for months of accumulation. The latest The Week On Chain report from market analysis firm Glassnode on Aug.

Oraichain Introduces Accelerator Program for DApps Building on Its AI Layer One Ecosystem

August 15, 2022 – Singapore, Singapore Oraichain, the world’s first AI layer one for data economy and oracle services, has announced the ‘Oraichain for DApps accelerator program’ and its mission to accelerate expansion within its avant-garde AI layer one infrastructure.

Binance Gets In-Principal Approval to Operate in Kazakhstan

Binance continues with its regulatory expansion by receiving approval to operate in Kazahkstan.

Bitcoin Miner Genesis Digital Assets Secured 708 MW in Capacity During the First Half of 2022

This week the bitcoin mining company Genesis Digital Assets announced that the firm has secured 708 megawatts (MW) in capacity and revealed plans to create 130 full-time jobs in the United States.

Mercado Libre to Continue Crypto Trading Expansion in Brazil

Argentine-listed retail giant Mercado Libre has announced that it will continue to expand its cryptocurrency trading operations to Brazil through a digital wallet called Mercado Pago.

CryptoCom Secures a Regulatory Approval in South Korea

CryptoCom doubled down on its global expansion efforts by completing a Virtual Asset Service Provider registration in South Korea.

Crypto.com Aims at Expansion in South Korea amid Crypto Meltdown

Singapore-based crypto exchange Crypto.com has been on an expansion drive, with its latest bet being in South Korea.

Meta Expands Instagram’s NFT Rollout to 100 Countries — Platform Connects With Third Party Web3 Wallets

In a blog post called “Introducing Digital Collectibles to Showcase NFTs on Instagram,” the parent company of Facebook, Meta, announced the company has started an “international expansion to 100 countries.” The company also revealed integrations with specific Web3 wallets that support the Ethereum, Polygon, and Flow blockchains.

Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries

Months after it integrated NFTs into Instagram for American users, Meta Platforms announced the allowance's expansion to as many as 100 other countries.

Meta enables Instagram NFT integration in over 100 countries

Mark Zuckerberg's company, which posted a sharp loss in its Metaverse division in Q2, unveiled its digital asset expansion strategy on May 10, 2022.

Will Bitcoin mining expansion be profitable for miners

The crypto market continued fluctuating this week.

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Expansion into the Ethereum blockchain is set to enable Magic Eden to integrate Ethereum NFTs into its platform.

Solana Unicorn Magic Eden Expands NFT Marketplace to Ethereum

Recently valued at $1.6 billion, Magic Eden will begin its multi-chain expansion with Ethereum in the coming weeks.

Bitfarms Adds 18 MW of Capacity to ‘The Bunker’ — Miner’s Daily Production Taps 16.8 BTC per Day

On July 28, the bitcoin mining company Bitfarms announced the completion of the second phase of its facility expansion, by adding roughly 18 megawatts (MW) of capacity to the operation.

Post Voyager Partners With Ozys, Announces Plans for Multi-Chain Expansion

July 29, 2022 – Singapore, Singapore Post Voyager, a blockchain arm of a Japanese mobile game powerhouse Cocone and a developer of the MOOI Network, announced on Friday that it has entered into a partnership with Ozys, a blockchain development company behind Orbit Bridge and several DeFi protocols such as Meshswap (Polygon) and KLAYswap (Klaytn).

Ethereum Network Continues to Expand as Non-Zero Addresses Hit ATH

Ethereum has been experiencing notable expansion in its networks as new addresses continue scaling heights.

Is Another $19K Retest Inbound for BTC? (Bitcoin Price Analysis)

Market movements are frequently consisting of two phases – an expansion phase where the price changes sharply in either direction, followed by a correction phase in which the price forms continuation patterns.

Bithumb Owner Confirms Acquisition Discussions With FTX

The acquisition talks are part of FTX's aggressive expansion plan amid the ongoing bear market. 

Crypto.com scores regulatory approval from Cyprus SEC

Crypto.com exchange follows in FTX's footsteps by targeting aggressive expansion in Europe after receiving CySEC approval.

Mercado Bitcoin plans to expand to Mexico

The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country. Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval.Speaking to Cointelegraph on Thursday, Mercado Bitcoin CEO Reinaldo Rabelo said the company was awaiting regulatory approval to start operations in Mexico.

Lido Finance to Cut Fees, Increase Speeds With Ethereum Layer-2 Integrations

Popular staking service Lido Finance has announced that it will begin its expansion onto various layer-2 scaling services for Ethereum.

Ethereum staking service Lido announces layer-two expansion

Lido Finance has announced plans to offer its ETH staking services across the entire L2 system, as long as specific networks have “demonstrated economic activity.” Crypto staking service provider Lido Finance has announced plans to expand staked Ether (stETH) support across the ecosystem of Ethereum Layer two (L2) networks.