Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition

After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparent devaluation of the Egyptian pound met a key condition set by the International Monetary Fund (IMF) before it eventually approved a $3 …

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Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series

As fans prepare for game one of the World Series between Major League Baseball’s (MLB) Philadelphia Phillies and the Houston Astros, the candy and collectibles firm Topps released the company’s 2022 NOW MLB Postseason non-fungible token (NFT) collection. The MLB Postseason NFT collection is being released in three drops via the Topps NFT marketplace. Topps …

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Public Miner Capitulation Takes Shape With Core Scientific On The Ropes

Miner capitulation is here. Core Scientific talks about potential bankruptcy, highlighting that cash resources will be depleted by the end of the year. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market …

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Bitcoin’s Role In The Rise Of Crowdsourced Health Insurance

Bitcoin’s unique attributes enhance the efficiency of crowdsourcing healthcare related costs for both patients and companies. This is an opinion editorial by Frankie Wallace, a freelance writer from the Pacific Northwest. Bitcoin is transforming the world of health insurance. Case in point: the use of bitcoin to crowdsource healthcare coverage. There is a strong correlation …

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Bitcoin Is Here To Stay And Bitcoiners Aren’t Going Anywhere

Though some people are denouncing Bitcoin Maximalism, the ethics of Bitcoin are stronger than ever and the number of Bitcoiners is only growing. This is a transcribed excerpt of “Bitcoin Audible” Guy’s Take #59 – “We’re Not Going Anywhere” by Guy Swann, adapted into article form for Bitcoin Magazine. We’re gonna do a “Guy’s Take” …

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The Competition For Bitcoiners Between Nation-States Is Heating Up

As countries compete to attract well-heeled Bitcoiners, the orange wave appears increasingly seductive. This is an opinion editorial by Nazar Taras, head of content and partnerships PowerInside. You want to pay your taxes in Colorado with bitcoin? No problem. You want to buy a beach property in El Salvador with bitcoin? Come on over. You …

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