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Beleaguered crypto lender Celsius has now withdrawn all staked Ethereum (stETH) collateral after repaying its USDC loan completely on Aave and sent it all to another address.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…
Justin Sun, the founder of Tron and Grenada Ambassador to the World Trade Organization (WTO), said that blockchain could fix global economic crises at the Twelfth Ministerial Conference (MC12). Sun spoke during the Small Island Developing States (S…
Despite the crypto market waving a red flag, there are few projects launched in the market, making positive news, in the past week. One of the most notable happenings in the crypto industry is Solana’s announcement of a web3 smartphone. On June 23, …
The largest altcoin by market cap, Ethereum (ETH), signals a buying opportunity level for day traders and potential scalpers. According to CoinMarketCap, the price of ETH has dropped 2.39% over the last 24 hours to take its price down to $1,038.6. …
Kraken Exchange CEO Jesse Powell is making his move against employees that he calls “woke.” Jesse Powell spoke to Fox News, stating that the “triggered employees” should leave the company. Jesse Powell claims that he is also willing to pay four mont…
Cardano (ADA) appears to be more dented by a bear market than some of its other major peers, recent data shows. The token is down 2.2% in the past week at $0.4845, compared to steady gains across most other top-10 cryptocurrencies. While hype over …
Analysts in the crypto industry say that more and more Bitcoin miners are having trouble paying back loans they took out against their mining rigs. While only a few miners have actually defaulted on their obligations, an increase in the number of m…
The CEO of MicroStrategy, Michael Saylor, recently sat down with @NorthmanTrader to discuss various topics. These topics included recent economic developments during the past 2 years, an investment strategy during the macro storm, the main drivers …
According to data from CryptoQuant, market makers (MMs) have been running trading bots to sell Bitcoin (BTC) on Coinbase for the last 45 days. The continued selling of BTC has seen its price drop even lower in the last 24 hours according to crypto …
Crypto YouTuber Alexander Lorenzo has announced that he is negotiating an interview with creator of Cardano and a co-founder of Ethereum network Charles Hoskinson and offered his followers to suggest questions to be asked to Hoskinson. Twitter user …
It’s hard to think of a DeFi protocol that’s been around for 5 years and done $7 billion worth of transactions as unheralded and underrated. And yet, that’s what Kyber Network is. Many people are not familiar with them and their services despite do…
Embattled crypto hedge fund Three Arrows Capital faces allegations of using customer funds to meet margin calls on its positions. Danny Yuan, the head of crypto trading firm 8Blocks Capital, alleged that Three Arrows had used about $1 million of 8Bl…
This site uses cookies from Google to deliver its services and to analyze traffic.
