Circle, the company that issues the USD Coin (USDC) stablecoin, has terminated its plans to go public via a special purpose acquisition deal with Concord Acquisition Corp (NYSE:CND). The stablecoin is...
News
BTC price levels to watch as Bitcoin holds $17K into the market open
Bitcoin (BTC) cooled volatility above $17,000 into the Dec. 5 Wall Street open as traders confirmed upside targets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin traders warm to ...
Meet Yahoo Finance’s 2022 Company of the Year: Costco
In a year of rampant inflation—not seen since the early 1980s—Costco (COST) was a warm hug to millions of loyal members by keeping prices for everything from food to gasoline as low as possible, just ...
Arthur Hayes is Crypto’s Virgil Through the Market Hellscape – Most Influential 2022
Since Hayes’ days as a banker he’s lived a thousand lives. He founded the first bitcoin derivatives exchange in 2014, became crypto’s first African American billionaire, lost vast portions of his weal...
Tim Draper Predicts 1,400% Rally for Bitcoin by Mid-2023
Tim Draper, a venture capitalist, has reiterated his stance regarding Bitcoin’s price in the wake of the FTX collapse. Draper earlier predicted that the price of Bitcoin would reach $250,000 by ...
Bored Ape Collection Enters The Partnership With Timex
BAYC collection has partnered with Timex. The NFT collectible had an association with popular names in the industry. American presidents Bill Clinton and Goerge Bush have worn Timex watches in the pas...
Kraken founder queries FTX’s Margin trading program
Jesse Powel, Kraken founder is concerned about how FTX ran their trades without being in control of their Margin Trading Program, posing several questions and solutions via his Twitter account. Kraken...
VF Corp. lowers full-year guidance, announces CEO is retiring
Igor Goloniov | Sopa Images | Getty Images VF Corporation, owner of The North Face and Timberland, on Monday lowered its revenue and earnings expectations for the second half of its fiscal year and sa...
In Post-FTX World, Circle Kills SPAC Plans
In a “mutual decision,” Circle and its planned special purpose acquisition company (SPAC) partner Concord have pulled the plug on plans to go public, the companies said Monday. The SEC had not g...
A World Cup 2022 Report Card For The USMNT
DOHA, QATAR – DECEMBER 03: Team photo of USA prior to the FIFA World Cup Qatar 2022 Round of 16 … [+] match between Netherlands and USA at Khalifa International Stadium on December 03, 202...
Pakistan Enacts New Legislations To Introduce CBDC by 2025
Altcoin News The State Bank of Pakistan (SBP) enacted new legislation for EMIs. Licenses to issue CBDCs will be distributed by EMIs from the state bank (SBP). Central bank digital currencies (CBDCs) a...
Orthogonal Trading defaults on $36 million of loans on Maple Finance
Orthogonal Trading has defaulted on $36 million of loans on crypto lending protocol Maple Finance after the investing firm’s funds became tied up on bankrupt exchange FTX. The default at...
Bybit, Swyftx join layoff spree following FTX collapse
Crypto exchanges Bybit and Swyftx have moved to execute their second round of layoffs in preparation for a worsening bear market, fueled by the FTX collapse. Bybit CEO Ben Zhou said the staff cuts wil...
The U.S. has twice as many unicorns as China and India combined
With the prevailing global economic turmoil, most start-ups have shed a significant share of their valuations as investors stay back, awaiting normal conditions to resume. Despite the general market c...
Tron Price Changes in 2023: Coinspeaker Advent Calendar
We expect TRX to print a very successful price growth throughout 2023. Dear readers, the digital currency ecosystem needs more specificity as the investment landscape has proven to be quite unpredicta...
As Genesis and Gemini Struggle, Are whales
The crypto market has been pumping for the last two weeks, but the risks associated from Genesis and Gemini halting withdrawals remains. Is the pump exit liquidity for whales? Bitcoin, the leading cry...
CBI says the UK is in a “short and shallow” recession
The Confederation of British Industry (CBI) has cautioned that the UK economy is staring at a decade of missed growth unless action is taken on investment tax exemptions, the Northern Ireland conventi...
The latest news about the collapse of FTX
It has been about 4 weeks now since the news broke about the collapse of FTX, one of the most popular exchange platforms around. The event triggered a domino effect involving multiple companies in the...
1 in 4 Americans made this money move this year, and it has Suze Orman “worried” — but for some of you, it’s actually a lucrative move
Suze Orman Getty Images Finance guru Suze Orman isn’t shy about sharing her distaste for credit cards. In a blog post earlier this year, she wrote that more than a quarter of Americans surveyed said t...
Dash2Trade Is The Coin To Watch in 2023
Join Our Telegram channel to stay up to date on breaking news coverage This year has been quite the roller coaster for cryptocurrencies, what with the Ethereum Merge, the Terra Luna catastrophe, the F...
Jeremy Spence Ordered To Pay $2.8 Million (USD) To Victims
The US Department of Justice (DOJ) has ordered to pay nearly $2.8 million (USD) to people affected by the Jeremy Spence crypto scam. Jeremy Spence, the crypto scammer who defrauded the crypto investor...
Bitcoin Is A Polluter, Claims European Central Bank Officials
According to the Director General of the European Central Bank and his advisor, Bitcoin is headed towards becoming ‘irrelevant’ soon. In a recent blog post, they questioned the value that Bitcoin has...
Stellar creates a downward flat bottom pattern; What next?
Stellar Lumens (XLM) has become a new-age competitor in the financial transaction domain. XLM has peaked, but the market scenario showcases a decreasing demand for disruptive technologies. Stellar foc...
The Ultimate Web3 Fashion Exper…
Amsterdam, Netherlands, 5th December, 2022, Chainwire Pioneering startup The Fabricant has gone live with its boundary-pushing digital fashion storytelling project Wholeland, with a trailer that sets ...
Amazon Device Chief David Limp: The C-Suite Interview
“It’s a long journey. It’s going to take us decades to solve it all but the world is going to be a very different place in a decade or two.” David Limp is not a man who lives for today. As Senior Vice...
Polygon crosses Ethereum in this metric: Will MATIC respond positively
Polygon’s NFT space witnessed growth over the last week, along with active users Exchange reserves fell, but MATIC’s MVRV Ratio looked troublesome Sandeep Nainwal, the co-founder of Polygon [MATIC], ...
Waves to launch DAO governance framework with token airdrop next year
The team behind Waves is set to launch a DAO governance framework called Power Protocol that will provide the tools for new or existing DAOs to manage their decentralized organizations. Power Pr...
FTX’s Sam Bankman-Fried Says He Will Testify Before U.S. Congress On Dec. 13
FTX creditors and investors may soon have the chance to hear former big boss Sam Bankman-Fried explain what really went wrong with the collapse of the cryptocurrency exchange platform. That is if the ...
Bernie Madoff’s Lawyer to FTX’s Bankman-Fried: “Shut Up!”
Sam Bankman-Fried wants to pass for a tragic hero. A few days ago, the founder of the bankrupt cryptocurrency exchange FTX launched a media blitzkrieg, meant to give his version that his empire’...
Dogecoin Price Spike Over “Twitter Coin” Tip
Dogecoin (DOGE), the world’s largest meme cryptocurrency price just spiked suddenly amid the ongoing rumors of Twitter launching a “Twitter Coin”. However, as soon as Elon Musk took over the social me...
Price surge of more than 5%
Shiba Inu is one of the tough competitors of Dogecoin. Both meme coins provided a good return in the last two years. At the time of writing this post, the SHIB price is trading around $0.000009, which...