As of June 28, the bitcoin price fluctuated slightly above the $20K mark. However, toward the end of the day, it eventually dropped to $20K. The market watch also noted the bearish state in the price ...
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Here Are The Three Russian Oligarchs Who Have Spoken Out Against The War In Ukraine
Topline While most of Russia’s billionaires and oligarchs have chosen to remain silent or tacitly support Russian President Vladimir Putin’s ongoing invasion of Ukraine, a deluge of Western sanctions ...
FTX on the verge of purchasing BlockFi in $25M fire sale: Report
Cryptocurrency exchange FTX is close to purchasing digital asset lender BlockFi’s remaining assets for $25 million, according to CNBC. According to sources close to the matter, BlockFi’s e...
Semiconductor stocks are ‘one of the safest places to be’ despite weakening demand
Amidst reports of weakening demand for PCs and Smartphones, a Stifel analyst continues to recommend semiconductor stocks for the long-term investors. Ho explains why he’s sticking to semiconduct...
LTCM and Other History Lessons for Crypto
Here’s just one famous LTCM strategy: The algorithm identified situations where the spread had widened between the yield on the most recently issued 30-year U.S. Treasury bond and that of an “off-the-...
Bitcoin Tumbles Towards Washout as Crypto Enters ‘Get Me Out’ Phase
In our June 13 review of bitcoin futures we gave a sober outlook for prices including a price target: “In this daily Point and Figure chart of bitcoin, below, we can see the breakdown and a pric...
Shiba Inu and Dogecoin up 30% in Network Activity, With Number of Unique Addresses Constantly Rising
Gamza Khanzadaev Shiba Inu and Dogecoin hitting seven-week highs in network activity According to crypto analytics agency Santiment, daily network activity of SHIB and DOGE is steadily growing. Thus, ...
Why did France include ‘Crypto Dad’ Chris Giancarlo in French Knighthood?
French Government Knighted Former CFTC Chair and known as ‘Crypto Dad’ for his keen support for crypto, Chris Giancarlo Chris Giancarlo, who was known for his contribution during his tenure at the Uni...
Biggest Burn Ever: Baby Doge Burns 50 QUADRILLION Coins Worth $88 Million In One Go
– Advertisement – As promised, Baby DogeCoin (BabyDoge) has finally burnt a whopping total of 50 Quadrillion tokens, worth $88,500,000 ($88.50M) from its circulation forever. This massiv...
Bitcoin (BTC) Could Pop by the End of 2022, According to Deutsche Bank Analysts – Here’s Their Target
Researchers at Deutsche Bank say Bitcoin (BTC) might rise by as much as 40% to finish the year despite its months-long losing streak. According to a new BNN Bloomberg report, Deutsche analysts Marion ...
European Countries Under Pressure as Inflation Soars Up
3 hours ago | 2 mins read Editors News The increase in food costs accelerated to 3.2% from November’s rate of 2.2%. France, Italy, and Spain this week registered new all-time highs in the inflation ra...
UK-based startup Tevva launches hydrogen-electric truck
U.K.-based startup Tevva on Thursday launched a hydrogen-electric heavy goods vehicle, becoming the latest company to make a play in a sector attracting interest from multinationals like Daimler Truck...
US DOJ indicts 6 individuals over crypto fraud schemes that generated over $135 million
The U.S. Department of Justice (DoJ) has indicted six people allegedly involved in different crypto crimes, including NFTs, that siphoned $135 million from unsuspecting investors. Baller Ape NFT promo...
Euro zone inflation hits new high: ‘there may be more gains to come’
Euronext 100 index is in focus on Friday after Eurostat (Statistical Office of the European Union) said inflation in the region hit a new high in June. Senior euro zone economist reacts to the CPI pri...
Harmony Hack: How Lossless Saved 78M Stolen Tokens
The majority of crypto users have already heard about the recent Harmony hack through the Horizon Bridge that resulted in a loss of $100M. But did you know that 78M $AAG tokens were retrieved from the...
It’s Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008
Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Good morning, and welcome to First Mover. I’m Ly...
The new Simplification Decree on taxation
Decree Law No. 73 of 21 June 2022, published in the Italian “Gazzetta Ufficiale” on 21 June, has been called the Simplification Decree on taxation. However, among the various regulations, there is one...
Bitcoin SV Price Analysis: BSV Lost 16% in a Week, What’s the Recovery Plan?
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El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists ‘Bitcoin Is the Future’ – Coinotizia
El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele. El Salvad...
Yield App Joins Forces With Unstoppable Domains To Simplify Web 3.0 Journey
June 29, 2022 – Estonia Digital wealth platform offers customers free NFT domains in partnership with Unstoppable Domains. Yield App, a global fintech company and digital wealth platform which has att...
Cardano developer team set to testnet the Cardano Vasil hard fork
Input Output Global (IOG), the developer team behind the Cardano blockchain, has submitted a proposal for a hard form of the Cardano testnet. This proposal has brought the Vasil hard fork implementati...
NIO XPEV LI report strong deliveries for June as Covid wanes
Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Chinese electric-vehicle maker Nio reported Friday that it delivered nearly 13,000 veh...
DappRadar Successfully Launches Cross-Chain Staking With Minimal Fees
Staking is a crucial way for cryptocurrency holders to generate passive income. The process is straightforward but a bit of a hassle when keeping funds across different networks. DappRadar is the firs...
Black And Hispanic Households Hit Harder By Inflation—On Top Of Economic Inequality Caused By The Pandemic
Topline Black and Hispanic Americans are affected more by record inflation than other groups, according to research published Thursday by the New York Federal Reserve, in one of the first studies of h...
Ledn moves for BlockFi following Bankman-Fried offer
The race to acquire distressed crypto lender BlockFi heats up, as Ledn, the crypto loans and savings platform offers to lead a funding round and provide equity in order to leverage a significant share...
PNC Financial Services Group, Dupont, Lindsay, Watsco, Micron Technology
The board of directors of The PNC Financial Services Group declared a quarterly cash dividend on the common stock of $1.50 per share. The dividend will be payable Aug. 5, 2022, to shareholders of reco...
Crypto Lender Ledn Joins the Acquisition Battle for BlockFi (Report)
The cryptocurrency platform Ledn reportedly displayed intentions to acquire a stake in BlockFi (a digital asset firm that provides crypto-backed loans). Previously, FTX also announced plans to buy the...
Celsius is actively working on solutions to ‘preserve and protect’ assets
Following the upheaval that occurred in the middle of June, the cryptocurrency lending platform Celsius Network LLC, is reportedly investigating several possibilities in order to “preserve and protect...
Convex Finance [CVX] investors pull off a Shiba Inu move, here’s how
The crypto community received some good news in the last 24 hours after the market seemingly attempted recovery. Thus, marking rallies as high as 15% – 20%. The momentary demand helped some altcoins r...
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...