Betting Against Tech Is Finally a Winning Trade as Short Sellers Sit on $20 Billion Profit

(Bloomberg) — Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump. Most Read from Bloomberg A historic rout in the so-...

Yet Another Elon Musk-Owned Company Starts Accepting Dogecoin

Alex Dovbnya Dogecoin keeps seeing growing adoption because of Elon Musk Boring Company, Elon Musk’s infrastructure and tunnel construction services company, has enabled support for Dogecoin payments,...

Binance Exchange Offers Zero Trading Fee on Multiple Bitcoin Pairings

Exchange News CZ states that the firm is trying to give back by offering zero-fee trading. After Binance U.S provided a similar waive-off, comes the announcement. On the occasion of its fifth annivers...

Still No Plan for US Central Bank Digital Currency After Latest Fed Meeting

The U.S. appears to be stalling on developing a central bank digital currency, with policymakers at the Federal Reserve discussing the technology but not revealing whether they’ve made any progress on...

韓国Uprise、LUNA価格暴落時に空売り、顧客資金99%失う=報道

韓国Uprise、LUNA価格暴落時に空売り、顧客資金99%失う 韓国のAI活用を活用した暗号資産運用スタートアップのアップライズ(Uprise)が、暗号資産「LUNA」の価格暴落時に、空売り(ショート)し、顧客預かり資産の99%を失ったと7月6日にソウル経済新聞が報じた。アップライズはAI対応の自動取引戦略を使って、顧客に代わり暗号資産取引を行う企業。 具体的にアップライズの取引システムでは、同...

Algorand Highlights GameFi and Interoperability in Web3

While the current market downturn stopped some in their tracks, industry veterans plan for the future. Be[In]Crypto spoke to Nir Hemo of Algorand about what makes up the future of Web3. The crypto spa...

TikTok’s former gaming unit head to launch blockchain game development tool

Meta0 aims to allow developers to take advantage of the strengths of different blockchains Meta0 will allow transfer of NFTs between different blockchains Fung will seek partnerships with game develop...

Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop – Coinotizia

Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla ...

Up by 8%, can Avalanche [AVAX] really hold its price trajectory

It has been more than two weeks since Avalanche [AVAX] broke out of its wedge pattern where the token was stuck since January 2022. However, the bulls remained strong despite some bear-filled days. Th...

STEPNの「GMT」、FTXがERC20でサポート開始

FTXがERC20のGMTサポート開始 暗号資産(仮想通貨)デリバティブ取引所FTXグローバルが、ERC-20規格のGMT(グリーンメタバーストークン)のサポートを開始することが7月7日分かった。 GMTは、Move-and-Earnプロジェクト「STEPN(ステップン)」のガバナンストークンだ。現在、同プロジェクトではソラナ(SOL)チェーンとBNBチェーンに対応しており、ユーティリティトークン...

TraxxStemz Transforming Music And Art Perception Through NFTs

Advertisement &nbsp &nbsp TraxxStemz is challenging how people view the creation, ownership, value, and rarity of music and art. The TraxxStemz project is the birth child of T...

What does a bear-market ‘cleanse’ actually mean?

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles i...

OIL CLUB : A Game-Changing Miner

What is the Oil Club smart contract? Oil club is a smart contract miner that follows the rules of the oil and gas industries. Club members earn up to 14% in daily rewards and participate in constantly...

Winners, News And Notes On July 6, 2022

Wardlow won the AEW TNT Championship. Credit: AEW AEW Dynamite featured Jon Moxley vs. Brody King for the AEW Interim World Championship and Wardlow challenging Scorpio Sky for his first AEW champions...

Bitstamp backtracks on ‘inactivity fee’ charges

According to Bloomberg, Luxembourg-based Bitstamp is backtracking on its plan to introduce a €10 “inactivity fee” for its users, citing a statement from the firm’s CEO JB Graftieaux. According to the ...

Much Ado About ‘Nothing’? Why Polygon Is Making a Web3 Push Into Mobile

In brief Ethereum scaling solution Polygon has partnered with phone maker Nothing to bring Web3 tech to mobile users. Polygon’s Arjun Kalsy discussed the news and future plans with Decrypt. Don’t call...

Blockchain Miner HIVE Receives Letter of Deficiency from Nasdaq

Blockchain excavator HIVE has 60 schedule days to present an arrangement to Nasdaq on how it expects to realign with its yearly documenting necessities HIVE share price is up more than 13% on the day ...

Meta Strengthens Resolve to Offer NFTs to Users Despite Crypto Winter

Meta is taking advantage of the crypto winter to improve on its non-fungible token (NFT) offering for its users as it looks to stave off competition from other platforms. In an interview with Financia...

Argentina: stablecoin swaps rise due to peso’s collapse

Citizens in Argentina appear to be relying on stablecoins in anticipation of the collapse of the national fiat currency Argentine peso. The main cause of this event is political-economic uncertainty t...

More Liquidation Ahead Before the Crypto Market Recovers: Cumberland

Crypto trading firm Cumberland weighed into the ongoing trend of centralized digital asset firms falling apart amid a deepened liquidity crisis clouding the industry. It suggests that the overall mark...

US Stock Market Shows Mixed Performance as Nasdaq Composite Leads Gains

While the US stock market is bracing for a recession, several market experts are expecting this to be a mild one. Having been closed for a holiday on Monday, the US stock market resumed Tuesday’s sess...

CoinShares gets its latest regulatory nod, paving the way for…

Digital asset investment company CoinShares announced on Tuesday that it has completed the acquisition of a cryptocurrency business, subject to EU regulations. This step is likely to pave the way for ...

Uprise lost 99% of client funds while shorting LUNA during its price crash: SE Daily

Korean crypto startup Uprise lost virtually all of its client funds by shorting luna (LUNA) during its price crash and getting caught on the bounces, Seoul Economic daily reported on Wednesday. The Ko...

Venture Capitalist Tim Draper Reiterates Conviction For $250,000 Bitcoin Price — Here’s Why ⋆ ZyCrypto

Advertisement &nbsp &nbsp Tim Draper has said he is convinced that Bitcoin is set to claim the $250,000 price point in an email conversation with Forbes, as reported by the ou...

Bitcoin mining stocks rebound sharply despite a 70% drop in BTC miners’ revenue

Bitcoin (BTC) mining companies have suffered in 2022 due to the crypto bear market. Nonetheless, their stocks collectively saw a sharp rebound on July 6, raising hopes that investors have started to b...

Mike McGlone Thinks Next Six Months Will Turn Out Better for Crypto Market

Gamza Khanzadaev 1H was about purging excesses on crypto market, believes Bloomberg senior commodity strategist Mike McGlone, a leading commodity strategist at Bloomberg Intelligence, shared his mid-y...

LINK Price Analysis: Chainlink continues on a Downtrend as bulls kept found wanting

•LINK/USD is trading at $6.34 and has increased by 1.23%over the past day  •The trading volume over the past 24 hours has been increased by 3.10% •The technical indicators suggest a hawkish outlo...

British Tech Start-up Nothing Partners With Polygon to Unlock Web3 Access

Markets Nothing joins with Polygon to integrate Web3 functionality. The partnership is launched by Nothing’s NFT loyalty program.  Thus Nothing, will be the first tech to connect real-world products w...

Bank of England Wants Stricter Rules for Crypto to Avoid ‘Systemic Risk’

The Bank of England today called for better regulation of cryptocurrencies, noting “vulnerabilities” in the market. In the U.K. central bank’s Financial Stability Report published Tuesday, it said tha...

Bitcoin Mining Giant Offloads 7K Coins Raising more Than $167M

One of the biggest crypto mining companies sold the bulk of its Bitcoin holdings in June, realizing $167 million which it intends to use, in part, to repay debt. Core Scientific sold 7,202 coins. It n...

$ 7.5 million in Bitcoin to a hacker- The Cryptonomist

British company Graff Diamonds has paid a $7.5 million ransom in Bitcoin to a Russian hacker gang.  Russian hackers demand ransom in Bitcoin  Graff Diamonds company sent the ransom to a BTC address ow...

Polygon to Enable Web3 Functionality in Smartphones With Nothing Collaboration

Polygon has announced a partnership with Nothing, the creator of Phone (1). The Ethereum scaling protocol’s tech will be integrated into Nothing’s first smartphone. While Polygon won’t be manufacturin...