X to buy BlockFi: but why so cheap at $25 million?

I wrote here last week that cryptocurrency has a contagion problem, with a slew of firms caught up with overleveraged balance sheets and weak risk management. BlockFi had just taken a $250 million rev...

Colombia Launches Land Registry On XRPL, Ripple Made It Happen

Blockchain development company Peersyst worked with Ripple in the implementation of the Colombian National Land Registry on top of the XRP Ledger (XRPL). Part of a national initiative to improve the c...

2 Big Dividend Stocks Yielding at Least 8%; J.P. Morgan Says ‘Buy’

Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by...

FTX Reportedly Set To Buy Embattled BlockFi At 99% Below Company Valuation ⋆ ZyCrypto

Advertisement &nbsp &nbsp FTX, a Bahamian cryptocurrency derivatives exchange, is reportedly close to finalizing a deal that will enable it to acquire embattled crypto lender ...

LTC/USD spikes high as bullish momentum inflates to $51.11

Litecoin price analysis reveals that the LTC/USD prices have spiked high as the bullish momentum continues to inflate. The current market trend is very strong and there is a possibility that the price...

Selloff In Crypto Soon? JP Morgan Hints At Market Turnaround

Following repeated setbacks to the crypto community, the market sentiment appears to be probably at its weakest this year so far. The meltdown of Terra network in May dealt a massive blow to investor ...

What Does San Francisco’s Recall Mean For Housing?

SAN FRANCISCO, CALIFORNIA – JUNE 07: San Francisco District Attorney Chesa Boudin pauses as he … [+] speaks to supporters during an election-night event on June 07, 2022 in San Francisco, ...

SAND up 15% on Friday, as MATIC Rebounds From Near 10-Day Low – Market Updates Bitcoin News

SAND was up by over 15% on Friday, as crypto prices rebounded following sell-offs during Thursday’s trading session. SAND fell to a one-week low yesterday, with MATIC, another notable gainer, dropping...

Forget the 1970s — this market is drawing comparisons to the 1870s

The current high inflation environment is often compared to the 1970s. But perhaps a more apt comparison would be to the 1870s. According to Bank of America, government bonds are on track for their wo...

Bitcoin Sees Worst Quarter In 11 Years

The leading cryptocurrency in the world, Bitcoin (BTC), saw its worst quarter-over-quarter drop in 11 years. According to data from CoinGecko, BTC has lost over 57.43% in the second quarter of 2022. A...

The Airlines And Airports With The Highest Rates Of Disruptions–And The Least

Topline Airlines and travelers are preparing for a chaotic July 4 weekend filled with travel disruptions amid a surge in flight demand and airline staff shortages—these are the airports and carriers w...

Reserve Bank of India ranks crypto near the bottom of systemic risks despite harsh criticism

In its latest financial stability report published on Thursday, the Reserve Bank of India, or RBI, reiterated its skepticism of digital assets, writing:  “We must be mindful of the emerging risk...

Dogecoin mission to the moon reportedly still on after delays

After Tesla (NASDAQ: TSLA) CEO Elon Musk revealed that his company would be launching a Dogecoin-themed space mission, questions have been raised regarding the exact date for the event.  However, the ...

Bank of America Customers’ Crypto Activity Slowed as Market Slid

For the one-third of customers who were conducting crypto transactions, the data shows they had only a single transaction, generally for a smaller amount. They account for only 5% of the dollar value ...

‘You might decide this place isn’t for you, and that’s OK with me’

Facebook parent Meta is cutting back on hiring and turning up the heat on its employees as slow growth and macroeconomic headwinds push the company to downgrade its economic outlook. In a weekly emplo...

$100 Million Harmony Hack Linked to North Korea

Alex Dovbnya North Korea’s Lazarus Group is allegedly behind Harmony hack Blockchain sleuth Elliptic has linked the recent Harmony hack to North Korea. As reported by U.Today, the blockchainR...

Synthetix Price Analysis: SNX Broke down from this Range-Bound Area, Know Whereabouts!

Synthetix price has again fallen below the consolidation phase and is trading with strong downtrend momentum. SNX crypto is currently trading below 20, 50, 100 and 200-days Daily Moving Average. The p...

Kyve Network hits $100 million valuation as it raises $9 million

Kyve Network, a decentralized data storage solution, has raised $9 million in a round led by Distributed Global, according to a news release. Kyve was valued at $100 million after the raise.  Wicklow ...

El Salvador President Nayib Bukele Says “Thank You For Selling Bitcoin Cheap”

– Advertisement –   El Salvador’s Nayib Bukele Purchases 80 More Bitcoins At Its Cheapest Rate Yet.   El Salvador’s cryptic president, Nayib Bukele, tweeted on July 1 that the nation has p...

Injuries And Defensive Woes Continue To Define The Chicago White Sox

Chicago White Sox’ Tim Anderson reacts towards the crowd while running the bases after hitting a … [+] three-run home run off New York Yankees relief pitcher Miguel Castro in the eighth in...

VanEck’s Reattempt for Spot BTC ETF

3 hours ago | 2 mins read Editors News VanEck refiled to the SEC for spot BTC ETF after eight months from the previous result. The new application’s deadline is marked march 2023. VanEck has reapplied...

Are We Already In A Recession? Yes, According To Fed Indicator With ‘Excellent’ Track Record

Topline A highly watched economic indicator with a good track record in predicting recessions cut its forecast for second-quarter gross domestic product growth this week, implying the nation has falle...

FTX Exchange Walked Out on Celsius’s Bailout Amidst Bad Finances

FTX Derivatives Exchange was reportedly amongst the deep-pocket investors that showed interest in coming to the aid of embattled crypto lender Celsius Network but walked away after getting the full de...

Moonbirds Surpasses $500 Million in All-Time NFT Sales 

Moonbirds continues to reach new milestones despite the steep decline in overall monthly sales volume in the non-fungible token (NFT) space.  Moonbirds has made a valuable contribution to the adoption...

U.S. governor signs crypto-friendly bill into law to ‘take advantage of booming tech’

As the cryptocurrency industry advances and expands, authorities in some jurisdictions are willing to give the new asset class a chance, including in the form of adopting crypto-friendly laws, such as...

The Ins and Outs of IOTA’s Marketplace – crypto.news

If you’re looking to invest in or trade digital assets, then you’ll need to be familiar with the IOTA marketplace. This unique platform allows users to buy and sell tokens, and it’s one of the most po...

MiCA approved with no PoW ban

As expected, on 30 June came the approval of the Markets in Crypto Assets regulation, also called MiCA, and – fortunately – it does not include any bans for Proof of Work or mining. The first news cam...

Primordia DAO launches campaign to help structure 100 DAOs

Primordia DAO, a NEAR Foundation-funded, Web3-powered impact organization, on June 23 at the High Bar in New York City’s historic Times Square District launched a campaign to inspire and help structur...

American Movie Star “Kevin Hart” Joins The NFT And Metaverse Space

Non-fungible tokens (NFT) continue getting more use cases, with many public figures and celebrities leveraging the new tech to maximize their audience. Kevin Hart, an American movie actor, and comedia...

Bed Bath & Beyond’s liquidity ‘circles the drain,’ BofA warns

Bed Bath & Beyond could be swirling toward extinction as it confronts the problem of weakening liquidity with sales and profits under severe pressure, Bank of America (BofA) warned in a new note. ...

The Problem With Existing Cross-Chain Bridges

In case you’ve not dealt with DeFi bridges, a blockchain bridge is a third-party virtual infrastructure that connects two sovereign blockchain networks that enables users to swap assets and send crypt...

Is This Crypto Space Deleveraging Cycle Not Really Extensive? JP Morgan Thinks So

The cryptocurrency has been going through a lot of bearish trends in the past few months. A recent report by JP Morgan highlighted that the crypto hedge fund Three Arrows Capital (3AC)’s recent meltdo...