Electric vehicle (EV) manufacturing giant Tesla owned by billionaire Elon Musk revealed that the company sold 75% of its bitcoin stash worth around $936 million in the second quarter of 2022. Tesla Liquidates a Chunk of Its Bitcoin Holdings Tesla a…
Australian central bank governor Phillip Lowe spoke at the G20 finance officials conference in Indonesia that was webcasted live, saying that cryptocurrencies that are privately issued might be better than central bank-issued tokens if the corporat…
5ire blockchain project has raised $100 million in its Series A funding round from Sram and Mram. 5ire says it plans to use the funds to expand its operations into Asia, North America, and Europe. According to reports on July 15, 2022. 5ire Raises $…
Beleaguered crypto lender Celsius has now withdrawn all staked Ethereum (stETH) collateral after repaying its USDC loan completely on Aave and sent it all to another address. In fact, the address seems to be of Coinbase Custody after CEO Ryan Bozar…
Due to the popularity of Bitcoin, other cryptocurrencies came about with similar or almost identical properties to diversify the growing crypto market. Furthermore, these cryptocurrencies wanted to increase the number of features and utilities acce…
Ethereum (ETH), the largest altcoin by market cap, attempted to break above the $1,275 resistance zone. However, ETH failed to extend its gains, and its price declined below the $1,220 level. There was a visible move below the 100 hourly simple mov…
Investors have a few unanswered questions as the crypto market is experiencing some relief after the most recent crash. One of these questions revolves around Bitcoin (BTC) and whether they should hold on to their holdings. BTC is one of the most es…
Trading app Robinhood announced that it is enabling transfers for all listed crypto-assets on its platform. The app said it will now support transfers of major cryptocurrencies like Bitcoin, Polygon, and Shiba Inu. Robinhood tweeted, “Crypto transf…
Due to the recent market volatility and the sudden collapse of Three Arrows Capital, a prominent crypto broker, Voyager Digital, filed for bankruptcy protection on Monday. The company, based in the U.S., said it had around $1 billion to $10 billion…
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