The Ethereum (ETH) price is under pressure as it faces a massive selloff risk at $1016. Ethereum is currently trading at $1,064, down 13% in a day. The massive selloff will be caused by the liquidatio...
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Bill Gates slams cryptos, NFTs as ‘100% based on greater fool theory’
“You have an asset class that’s 100% based on some sort of greater fool theory that somebody’s going to pay more for it than I do…” That was Microsoft MSFT, +1.40% co-founder Bill Gates delivering his...
Tron’s USDD Remains Below the $1 Parity for 24 Hours, Token Hits a Low at $0.95 per Unit – Bitcoin News
Tron’s stablecoin USDD has remained below the $1 parity for well over 24 hours and around 3:00 a.m. (ET), USDD hit a low of $0.958 per unit. The Tron DAO Reserve has deployed more tron tokens and USDC...
Dogecoin price analysis: DOGE moves towards bearish dynamics at $0.05444
Cryptocurrencies prices heatmap, source: Coin360 Dogecoin price analysis shows that the digital asset is currently in a downtrend as it has failed to remain above the $0.058 support level. Despite the...
Bitcoin Crash Sends Institutional Investors Running For The Hills
Small and retail investors are not the only ones getting hit hard by the Bitcoin crash. Institutional investors are also feeling the heat of the market crash. This has sent the institutional investors...
Tron DAO Purchases $50M Worth of Bitcoin and TRX To Safeguard Blockchain Industry & Crypto Market
In an announcement, Tron DAO reserve, an organization that oversees the USDD’s reserves, reveals that it has purchased Bitcoin(BTC) and Tron(TRX) worth $50 million. Tron made the announcement in a twe...
Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
The Iowa Insurance Division, or IID, a regulator responsible for many securities sales in the state, has fined crypto lending firm BlockFi more than $943,000 after it allegedly offered and sold unregi...
Top Fidelity Macro Analyst Says Bitcoin (BTC) Way Oversold as Key On-Chain Metric Reaches 2011 Levels
Fidelity’s director of global macro Jurrien Timmer is updating his outlook on Bitcoin (BTC) as the leading crypto asset by market cap struggles near the $20,000 level. Timmer tells his 126,000 Twitter...
SEC Boss Is Not Happy About New Crypto Legislation
Alex Dovbnya SEC Chair Gary Gensler has poured cold water on a recent bill introduced by Sens. Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) According to a Tuesday report by the Wall Street Jour...
How raising rates slows inflation
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 4, 2022 in Washington, DC. Win McNamee | Getty Images The Federal Reserve lo...
TronDao To Withdraw 2.5B TRX From Binance, Will Justin Sun Be Able To Save Tron & Protect USDD From De-Pegging
– Advertisement – TronDAO Deploys More Collateral As USDD Stablecoin Is Increasingly Pressured To De-Peg and Tron (TRX) is feeling the heat of stable coin depegging. TRON and TronDao are t...
Nearly 400 Crashes In Past Year Involved Driver-Assistance Technology—Most From Tesla
Topline The National Highway Traffic Safety Administration released data Wednesday revealing hundreds of car accidents linked to advanced driver-assist systems (ADAS), and unsurprisingly most of the a...
Will NEXO Bounce Back From 40% Dips?
NEXO dips 40% in 3 days. Nexo denies any partnership with Three Arrows Capital (3A). NEXO ought to bounce back once the market crisis is over. It’s so far been more than five days since the market cra...
Celsius hires restructuring lawyers to help ease its financial woes
? Want to work with us? CryptoSlate is hiring for a handful of positions! Crypto lending platform Celsius has hired a legal team to advise on restructuring its business after facing liquidity issues, ...
Decision time as Intuit eyes a break below key support and 200-MA
Despite crashing 42.23% year-to-date, Intuit Inc. (NASDAQ:INTU) can go lower further. The stock seemed to have found a bottom at the $370 oversold level, jumping to a high of $425 later. However, the ...
Almost Every Crypto Asset Is Down Over 90% From Peak
Key Takeaways Data from crypto price aggregator CoinGoLive shows that 98.5% of all cryptocurrencies are down more than 90% from their all-time highs. Around 95.5% of cryptocurrencies have fallen by mo...
Warren Buffett gives away $4 billion in Berkshire Hathaway stock as bidding for his last ever luncheon hits $3 million
As bidding for the last-ever chance to lunch with Berkshire Hathaway’s chairman and CEO Warren Buffett reached the $3 million mark, the investing legend himself announced a $4 billion giveaway in stoc...
NYC Mayor Eric Adams Wants New York Governor to Veto State’s Bitcoin Mining Ban
New York City’s Bitcoin-friendly mayor Eric Adams is strongly opposing a recent bill passed by the New York State senate to impose a two-year moratorium on new fossil fuel-powered proof of work ...
Litecoin price analysis: LTC returns to $44 as bulls eye the $50 resistance level
TL;DR Breakdown Litecoin price analysis suggests an upwards movement to $50 The closest support level lies at $40 Litecoin faces resistance at the $45.53 mark The Litecoin price analysis shows that LT...
What actions of the Top Court in New York made it first ever to step into using digital documents?
Last week, the Supreme court of New York airdropped an NFT “service token” in a monumental ruling. This ruling has created a precedent that could have a great impact on the Non-Fungible Token (NFT) sp...
Yves Saint Laurent Beauté by L’Oréal launches its NFTs
Yves Saint Laurent Beauté (YSL Beauté), the iconic brand of the L’Oréal Group, is embarking on its Web3 journey, starting with Non-Fungible Tokens (NFTs), thanks to a collaboration with agency Wunderm...
The Worker-Business Coalition That Toppled Boudin, And Its Future
Supporters of the Boudin recall, Proposition H. The recall brought together hundreds of volunteers, … [+] and a broad-based worker-business coalition. Leanna Louie (The worker-business coalition...
Recalls Show Why Tesla Runs Circles Around GM And Ford
Tesla is running circles around the competition (Photo by Sean Gallup/Getty Images) Getty Images The entire automotive sector is transitioning to electric vehicles, and the process is proving more dif...
How to Make the Most out of Crypto Dips
Since the start of 2022, the cryptocurrency market seems to have lost quite a bit of its usual enthusiasm. Prices have fallen significantly, yet, as we are close to entering the 3rd quarter, it’s stil...
Collapse Became a Foregone Conclusion? Where will Coin Holders Go?
The veteran trader who accurately predicted Bitcoin’s 2018 crash has issued a new warning that a severe downside may be imminent. Veteran market analyst Peter Brandt told his 651,800 Twitter followers...
NetEase offers a rare chance in an overheating economy
NetEase Inc (HKG:09999) is a rare tech stock this year. The stock has a year-to-date return of 4.48%, despite the bruises that other tech giants have suffered. We believe NetEase offers a chance for i...
WEB 3.0 Night at the Consensus2022 Recap :MAP Protocol x KuCoin Community Chain
MAP Protocol as the Omnichain network for an interoperable Web3.0 participated Consensus 2022. As CoinDesk’s largest event of the year, Consensus 2022 brings together more than 10,000 attendees ...
Federal Reserve interest rate decision, June 2022
The Federal Reserve is expected to raise interest rates on Wednesday by 0.75%, the largest bump at a single meeting since 1994. In the face of higher-than-expected inflation and deteriorating consumer...
Kitsumon Launch Breeding Testnet and Potion Sale
[PRESS RELEASE – London, United Kingdom, 14th June 2022] Kitsumon has today announced the launch of their highly anticipated Breeding testnet, giving users the ability to test the game’s breeding mech...