Showing posts with category "news"

Stablecoins Were Knocked Off Their Pegs Due to Crypto Volatility

Stablecoins, which are traditionally thought of as the market's safe havens, have been hammered hard by cryptocurrency volatility as reported

Circle Rolls Out Stablecoin Backed by the Euro

Circle, the firm behind the USDC stablecoin, has announced the release of the Euro Coin (EUROC), a new fiat-backed digital

Bitcoin and Altcoins: When Is the Right Time To Buy? Here’s How To Spot Market Bottoms According to Onchain Data

Crypto markets are cyclical in nature, and market observers feel that certain patterns repeat themselves over time. BTC has already

Bill Gates’s Description of NFTs: ‘I’m Not Involved in That’

The Bored Ape is not a favorite of Bill Gates. On Tuesday, the billionaire philanthropist spoke at TechCrunch's climate event,

American Democrat Calls for Investigation Into Use of Crypto in 401 (k) Plans

Richard Neal, the chairman of the House Ways and Means Committee, has asked a federal watchdog to investigate the growing

Bitcoin Rebounds Post-Fed Interest Rate Hike Announcement

Bitcoin fell before rebounding in response to the Federal Reserve's recent interest rate hike, following the lead of equities. On

Bitcoin Falls Again as Celsius Debacle Affects Crypto Market Sentiment

Bitcoin took another wild ride on Tuesday, briefly turning positive before resuming its decline as speculators tried to price in

Coinbase Trims Workforce, Plans To Lay Off 1,100 Employees

As part of a massive reorganization plan unveiled earlier today, Coinbase, the largest cryptocurrency exchange in the United States, plans

Goldman Sachs Launches Trading of Ethereum-Backed Derivatives

Goldman Sachs Group Inc. is extending its reach beyond Bitcoin and into the realm of Ether. According to Mathew McDermott,

Bitcoin Nears $22K, ETH Falls 20% With $1 Billion Liquidated in Selloff; What Do Analysts Say and When Might Bullishness Return?

Bitcoin tumbled to lows of $22,600 on Monday, hitting its lowest level since December 2020, as investors dumped crypto amid

Celsius Crypto Lender Pauses Withdrawals, Contagion Fuels Market Crash

After weeks of uncertainty over the stability of the outsized returns given by the DeFi lending platform, Celsius Network Ltd.

New Terra (LUNA) Has “No Future” According to Analysts; Bitcoin Could Hit $250K in the Medium Term

Terra 2.0 went live on May 28 as part of Terra co-founder Do Kwon's "Terra revival" plan, which was approved