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  • Sep 06, 2024

Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility

The broad-market CoinDesk 20 index was down 3% over the past 24 hours, with BTC, ETH, XRP, ADA posting declines of as much as 4%. Fed governor Waller said he will advocate for "front-loading rate cuts if that is appropriate." A smaller, 25 basis-point cut would be more beneficial for asset prices, Fundstrat's Sean Farrell noted.

  • Sep 06, 2024

Former Uruguay Bank Chief Who Beat Inflation Pivots to Growth

(Bloomberg) -- Diego Labat tamed chronically high inflation in Uruguay as its central banker. Now he wants a shot at boosting the South American country’s lackluster growth as finance chief if voters give the ruling coalition another five-year mandate in October’s election.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationUC Berkeley Gives Transfer Students a Purpose-Built Home on CampusRome May Start

  • Sep 06, 2024

Expert Untangles VPNs as Brazil’s Twitter Ban Sparks New Interest

Last week, the government of Brazil banned X, formerly Twitter, cutting off millions of users from the Elon Musk-owned social network. It is one of the more high-profile examples of restrictions placed on platforms, and disputes around the world span a multitude of reasons: free speech (at least in the U.S.), political dissent, copyright, and illegal activity. While alternate social media platforms like Bluesky saw a surge in new users from Brazil after the ban, some still insistent on using X h...

  • Sep 06, 2024

Expert Untangles VPNs as Brazil’s Twitter Ban Sparks New Interest

Last week, the government of Brazil banned X, formerly Twitter, cutting off millions of users from the Elon Musk-owned social network. It is one of the more high-profile examples of restrictions placed on platforms, and disputes around the world span a multitude of reasons: free speech (at least in the U.S.), political dissent, copyright, and illegal activity. While alternate social media platforms like Bluesky saw a surge in new users from Brazil after the ban, some still insistent on using X h...

  • Sep 06, 2024

Common Food Dye Makes Mouse Skin Transparent, Researchers Find

Scientists have stumbled upon a somewhat bizarre discovery: a common food coloring used in snacks can temporarily turn mouse skin transparent. The dye—known as FD&C Yellow 5 or tartrazine—allows researchers to peek inside living rodents without cutting them open. The non-invasive technique, if it can be adapted, could improve human health care. “We found that an aqueous solution of a common food color approved by the U.S. Food and Drug Administration, tartrazine, has the effect of reversibly mak...

  • Sep 06, 2024

Common Food Dye Makes Mouse Skin Transparent, Researchers Find

Scientists have stumbled upon a somewhat bizarre discovery: a common food coloring used in snacks can temporarily turn mouse skin transparent. The dye—known as FD&C Yellow 5 or tartrazine—allows researchers to peek inside living rodents without cutting them open. The non-invasive technique, if it can be adapted, could improve human health care. “We found that an aqueous solution of a common food color approved by the U.S. Food and Drug Administration, tartrazine, has the effect of reversibly mak...

  • Sep 06, 2024

Bitcoin Usually Suffers in September—But 'Uptober' Is Right Around the Corner

September has been historically a difficult month for U.S. stocks. And when it comes to the Bitcoin market, the so-called “September Effect” could be just as prevalent—and the performance of the price of BTC this first week lends credence to the theory. The Wall Street phenomenon has been well documented for nearly a century. Since 1929, the S&P 500 has declined in September 55% of the time, according to Open Markets, “by far the most out of any month, and the only individual month that has decl...

  • Sep 06, 2024

This Week in Coins: Ethereum and Bitcoin Keep Bleeding as Telegram Drama Continues

Illustration by Mitchell Preffer for Decrypt. There's depressing news for those hoping the price of crypto markets would improve this week. Depressing news for nearly all investors, it would seem.  Bitcoin continued to drop, and hard, this week. Over the past seven days, the price of the asset has descended by more than 9% and—after dipping as low as $52,690 on Friday—rolled into the weekend trading hands for $53,229, according to CoinGecko.  That’s significantly lower than its 2021 record of $...

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