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Coinbase Slashes Staff by 18% as Crypto Bear Intensifies
Key Takeaways Coinbase has reduced the size of its workforce by about 18%. The firm’s CEO Brian Armstrong explained that the company’s employee costs were too high to manage in such an unc...
Bulls step in as LTC/USD approaches key resistance of $45.0
Cryptocurrency heat map, Source: Coin360 Litecoin price analysis shows the Litecoin market has been in a bullish trend lately as the prices have been rising steadily. The current support for LTC price...
‘Really Dumb’: Coinbase CEO Slams Employee Petition to Remove Execs
Coinbase CEO Brian Armstrong called an online petition anonymously created by his employees “really dumb on multiple levels.” The petition, made public on Friday, calls to remove COO Emili...
IRS boosts mileage rate deductions as gas prices soar to $5 a gallon
Guy Benhamou sends a picture of gas prices to friends while pumping gas at an Exxon Mobil gas station on June 9, 2022 in Houston. Brandon Bell | Getty Images If you’re self-employed or own a sma...
GALA Creates Double Bottom Pattern Above May 12 Lows
Gala (GALA) has created a higher low relative to its May 12 bottom and has combined this with bullish indicator readings. It has been decreasing underneath a descending resistance line since reaching ...
Serena Williams Announces Wimbledon Comeback After 12-Month Absence
LONDON, ENGLAND – JULY 09: Serena Williams with the winners trophy after defeating Angelique Kerber … [+] in the women’s final of the Wimbledon Tennis Championships at Wimbledon on J...
Novatti will launch the Australian multi-chain stablecoin
Novatti Group is about to launch AUDC, the stablecoin pegged to the Australian dollar AUD. Specifically, the project was developed in collaboration with Ripple and leverages Stellar’s blockchain. Nov...
As The World Tightens, China Prepares To Ease
Key News Asian equity markets were off following yesterday’s US equity market meltdown, as Australia reopened with a thud while China and Hong Kong outperformed. Both Hong Kong and China were down nea...
Axie Infinity’s Tokenomics Invites criticisms of major Publications
Axie Infinity’s Tokenomics are hyperinflationary, and the publications aren’t happy about it. In this article, we cover the story of one gamer that realized it too late and Axie’s continued tendency t...
We anticipated Bitcoin volatility and will ‘HODL through adversity’
As the cryptocurrency market is suffering one of its worst slumps in history, the times have been hard on most of its participants, including the software company MicroStrategy Incorporated (NASDAQ: M...
Aftermath of the Celsius Network Collapse, What is the Impact on Crypto Space
The crypto space now has fallen prey to a couple of flaws or one can say a technical failure that has dragged the global crypto market capitalization below $1 trillion. Bitcoin prices have reduced to ...
Spritz Finance bill pay beta launches on Polygon Network
Greenwich, Connecticut, 14th June, 2022, Chainwire Spritz Finance, a Web3 personal finance platform for decentralized finance (DeFi) users to easily pay their bills with crypto, announced today that t...
Responsible Bitcoin Miner CCU honors Satoshi Nakamoto changes name to SATO Technologies to coincide with existing ticker TSX.V:SATO
Toronto, Canada, 14th June, 2022, Chainwire SATO Unveils Rebrand With Launch Of New Name And Website SATO Technologies Corp. (TSXV:SATO / OTCQB:CCPU.F) (“SATO” or “the Company”) (previously Canada Com...
Elon Musk Is No Longer a $200 Billion Man
Recession fears affect almost everyone. Even the richest man in the world, who has just left the most select club on the planet. Elon Musk, the CEO of electric vehicle manufacturer Tesla (TSLA) R...
TRON’s USDD Stablecoin Losing Peg as TRX Price Slumps
The unfortunate tales of algorithmic stablecoins losing their pegs continue. This time, it’s TRON’s USDD that’s in the spotlight, trading at 2% below dollar parity. Following the UST-Terra fiasco, ano...
Shiba Inu price analysis: SHIB obtains positive momentum after market breakout at $0.00000816
Today’s Shiba Inu price analysis displays partial bearish movement in the market, and the market moves towards a somewhat upward direction, raising the price of SHIB. After that, however, the cost of ...
Bitcoin’s revisit to this area would be a good shorting opportunity
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] dropped to a low of $20.8k in the hours preceding p...
Netflix considers ads, password sharing crackdown, live sports
Reed Hastings, co-founder and chief executive officer of Netflix Inc., during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, Oct. 18, 2021. Kyle Grillot | Bloomb...
Market Liquidations Cross $1.22 Billion Following Bitcoin’s Decline Below $23,000
Crypto market liquidations have not slowed down since bitcoin’s crash had dragged the rest of the market down with it. Now that the digital asset has crashed below $23,000, the liquidations have quick...
The S&P 500 closed in a ‘bear market’ on Monday. What does that mean?
Traders work on the floor of the New York Stock Exchange (NYSE) on June 10, 2022 in New York City. Spencer Platt | Getty Images There isn’t anything particularly special about the 20% demarcatio...
Michelle Is an Investor That’s Not Worried About the BTC Crash
Bitcoin has tanked heavily and lost more than 50 percent of its value over the course of just six months, but this is not deterring one millennial investor simply known as “Michelle.” Michelle Isn’t C...
Bitcoin (BTC) Set To Hit $13K, Says Trader Who Predicted Latest Crash
The crypto market crash on Monday saw liquidations in billions as a result of rising inflation, stETH-ETH depeg, and crypto FUD. Today, the Bitcoin (BTC) price slipped to $20,950 momentarily, before r...
Earnings Distortions Flash Warning Signs For Equity Investors
Development and growth concept. Businessman plan growth and increase of positive indicators in his … [+] business. getty GAAP earnings remain overstated despite a year-over-year (YoY) rise in Co...
BTC Falls to $20,000 Range, as Sell-Off Extends – Market Updates Bitcoin News
Bitcoin declined for an eighth consecutive session on Tuesday, as the crash in crypto markets continued. BTC fell to the $20,000 range for the first time since December 2020, whilst ETH hit $1,000, al...
Bank of England Governor discredits crypto saying it has ‘no intrinsic value’
As one of the worst bearish slumps for the entire cryptocurrency industry unfolds, heads of some countries’ major financial institutions are using it as an argument against the new asset class, includ...
Ripple Loses $0.33 Low as It Targets Strong Support at $0.25
Jun 14, 2022 at 13:13 // Price Ripple (XRP) is in a downtrend as the price drops below the current support at $0.38. The bearish momentum has extended, breaking the previous low at $0.33. The re...
Celsius crypto price rebounds | Invezz
Celsius crypto price has seen a major rebound today following a sharp decline yesterday after Celsius Network paused withdrawals, transfers, and swaps. Following today’s rally, Celsius (CEL) has compl...
Bitcoin Hash Rate Jumps To Sky As BTC Falls Below $25k
Hash rate plays a vital role in every Proof-of-Work (PoW) blockchain. It measures the computational drive for all transaction verification and block additions to the network. Hence, the Bitcoin hash r...
Bitcoin, Binance Coin, Flow, and Decentraland MANA Daily Price Analyses – 14 June Morning Price Prediction
The global crypto market has continued to bearish even though there was a respite in the continuing losses. The change for Bitcoin and other currencies shows there has been a slackening in the amount ...