Tesla Inc. (TSLA) sold 75% of its Bitcoin (BTC) holdings for $936 million in the second quarter ending June, details from the company’s quarter 2 results showed. According to the electric carmaker, of...
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The Case for Investing in Bitcoin During Crypto Winter
We can send bitcoin electronically in unlimited amounts, unlike the case with gold. We can easily divide it up into small increments, unlike a gold bar. While bitcoin is still nascent and not immune t...
Amazon’s ginormous retail business is being priced at ‘virtually zero value,’ making the stock ‘attractive’: Analyst
Amazon’s stock has been punished to the point where the public valuation no longer makes sense when stacked up alongside the tech giant’s future financial potential. That’s the good ...
Cardano and Ronin Networks Are Integrated into Trust Wallet, What Might It Bring Them?
Gamza Khanzadaev KuCoin’s Community Chain (KCC) is now also supported in noncustodial wallet Yesterday at an event called TrustTuesdays, Trust Wallet (TWT) announced the integration of networks ...
Upbit, Bithumb among Korean crypto exchanges hit in Terra fraud raid
Korean prosecutors investigating a case of fraud linked to the collapse of stablecoin protocol LUNA and its sister-asset TerraUSD (UST) have raided seven crypto exchanges in the country, reports Yonha...
Crypto-hub Dubai To Add US$4 Billion In Its Economy In The Next Five Years
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THORChain Activates “Kill Switch” To Ease Out Rune Tokens On Ethereum And BNB Chain – crypto.news
The cross-chain decentralized exchange platform, THORChain, will no longer accept Rune tokens from the Ethereum and BNB Chain. THORChain has already developed its own blockchain network that enables d...
Ethereum scaling solution zkSync announces mainnet launch in 100 days
ZkSync, an Ethereum Layer 2 scaling solution, will go live on mainnet in the next three months, the project announced on Wednesday. ZK stands for zero knowledge and zkSync is a scaling technology base...
Elon Musk: Tesla’s Bitcoin Sale Not a Verdict on the Asset
Tesla held $218 million worth of digital assets on its balance sheet as of June 30 Musk said crypto is “not something we think about a lot” Tesla sold roughly 75% of its bitcoin in the second quarter ...
Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?
Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the m...
Ethereum’s Vitalik Buterin Highlights the Benefits of Zk-Rollups After Polygon Launches zkEVM
– Advertisement – Following the launch of Polygon’s zkEVM, Vitalik Buterin, the co-founder of Ethereum, has highlighted the benefits of the zk-rollups over Optimistic-rollups. per @Vitali...
Domino’s Pizza (DPZ) Q2 2022 earnings
An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly re...
Tesla’s Bitcoin Sales Holds Up Musk’s Endless Dogecoin Love Era
Tesla retains $936 million in its balance sheet after selling BTC holdings. In the previous year, Tesla invested $1.5 billion in BTC. On Wednesday, Tesla Inc revealed in a letter to its shareholders, ...
Goldman-backed digital bank Starling reports first annual profit
The Starling Bank banking app on a smartphone. Adrian Dennis | AFP via Getty Images British digital bank Starling on Thursday reported its debut annual profit as revenues at the firm almost doubled. T...
Top 4 Altcoins to BUY during this Upcoming Crypto BULLRUN
The bear market hit extremely hard in 2022. Most cryptocurrency prices have plummeted over the past few months. This triggered frustration among investors, causing them to further liquidate their posi...
How To Get Early Access To The Public Beta This Weekend
Here’s how to get into the MultiVersus public beta earlier than everybody else. Credit: Warner Bros. The biggest video game release of the summer is almost upon us. Warner Brothers’ much-anticip...
FBI detects fake crypto apps that scammed $42.7M from 244 victims
The U.S. Federal Bureau of Investigation (FBI) detected three fake crypto apps that stole around $42.7 million from 244 victims between October 4, 2021, and May 13, 2022, and recently issued a public ...
European Central Bank Raises Interest Rates For The First Time In 11 Years As Global Inflation Surges
Topline The European Central Bank on Thursday authorized its first interest rate hike in 11 years in a bid to help cool rising inflation, becoming the latest central bank to more aggressively unwind p...
The Problem With the Latest Bitcoin Price Rally
Key Takeaways Bitcoin has soared by more than 26% since July 12. On-chain data shows a spike in overleveraged traders while selling pressure surges. BTC needs to hold above the $20,500 support level...
Goldman Sachs settles first security lending deal on blockchain worth ‘hundreds of millions’
Investment banking giant Goldman Sachs (NYSE: GS) in collaboration with the distributed ledger-based tokenization platform HQLAx has announced the execution of the first agency securities lending tran...
Korean Prosecutors Raid Crypto Exchanges in Terra Probe
Offices of Upbit and several other cryptocurrency exchanges were raided on Wednesday by a team of investigators probing a fraud case in connection with the collapse of Terraform Labs’ sister tok...
Nokia Boosts Sales as Turnaround Gains Steam
Nokia said it was on track to hit the higher end of its 2022 sales forecast, as sales of its telecommunications equipment rose in North America and its efforts to rebound from the missteps of recent y...
Businesses Need to Accept Them, Or Get Left Behind
Crypto payments are coming, whether your business is ready or not, says Bethany Turner. The age of the Internet has proven one thing: if businesses cannot adapt to modern technology, they will collaps...
LTC/USD bearish as price slips to $55.92
Litecoin price analysis shows that the LTC/USD pair is currently in a bearish trend. The price has slipped below the $55.92 level. The LTC/USD pair will likely find support at the $55.46 level and may...
Elon Musk: judge agrees with Twitter, for now
As previously reported, a Delaware court judge on Tuesday was expected to decide whether to grant Twitter’s request for an expedited trial in the case that sees the company facing Elon Musk. Twitter ...
Mojang Studios Are Not In Favor Of Implementing NFTs in Minecraft
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
U.S Congressman Calls On The SEC To Go After Exchanges Trading XRP
U.S congressman Brad Sherman has questioned the legality of XRP, urging the Securities and Exchange Commission (SEC) to go after exchanges trading the token. Sherman said he supports the SEC’s case ag...
IoTeX Stuck in a Profit Booking Loop; Will IOTX Begin an Uptrend?
IoTeX is not your regular blockchain offering a host of digital services. Rather, it realizes the perception that blockchain can transform how machines interact with each other. In simple words, IoTeX...
Bitcoin Price Slips Again! Has the Rally Retroverted or Just a Minor Correction?
Bitcoin price is attempting to break above the bearish trend, but the market sentiments are dragging the price lower. With the announcement of Tesla letting off its 75% of Bitcoin reserves, the market...
AT&T, DR Horton, Travelers and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both the top and bottom lines for the second quarter, as it l...
Square Enix to Launch Final Fantasy VII NFT Collection
Final Fantasy game creator Square Enix has announced plans to launch a non-fungible token (NFT) project related to the game franchise. A collection of Final Fantasy VII NFT will be created and launche...