Key Takeaways Terraform Labs CEO Do Kwon has suggested forking Terra to create two blockchains: Terra and Terra Classic. The proposal is a response to TerraUSD’s (UST)’s recent failure; on...
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CBDC could pop up with UST going bust
UST circumstance could speed up discussions of a CBDC in the US Regardless of whether legislators settle on laying out a CBDC, there is still worry over construction and work The continuous TerraUSD i...
Grayscale Launches European ‘Future of Finance’ ETF Tracking Crypto Firms
Grayscale Investments has today announced that its “Future of Finance” exchange-traded fund (ETF) will list on the London Stock Exchange, Borsa Italiana, and Deutsche Börse Xetra. ETFs are a popular i...
CEO of $7,000,000,000 Hedge Fund Says Firm Hasn’t Sold Any Crypto Positions During Market Collapse
The founder and CEO of SkyBridge Capital says that the global investment firm is holding on to its crypto positions despite the dramatic downturn of the markets. In a new interview on CNBC, Anthony Sc...
Celsius CEO Issues Warning, Says Not All Stablecoins Are Created Equal – Here’s Why
Celsius Network CEO Alex Mashinsky says that crypto market participants should be aware that not all stablecoins are built the same. Stablecoins are crypto assets designed to have a relatively stable ...
After 11 Weeks, Will The Mariupol Siege End With Honor Or Horror?
Two Russian soldiers patrol in still contested Mariupol. AFP via Getty Images The ongoing Ukrainian defense of Mariupol, a port town of some 400,000 Ukraine citizens, is an epic feat of arms. As surre...
U.S. Department of Justice Lays First Criminal Crypto Sanctions Charge
The U.S. Justice Department has opened its first criminal case of sanctions evasion using cryptocurrencies, according to a federal judge. An unnamed American citizen is now being accused of sending $1...
Wix is escaping the oversold region but how far can it rise after mixed earnings?
Wix.com Ltd. (NASDAQ:WIX) lost 8% on Monday after Q1 2022 loss widened to $227.3 million. The loss is wider compared to $62.1 million in the prior year. The company also continues to face headwinds fr...
Bitcoin-Friendly El Salvador to Host Central Banks Meeting on Digital Economy
El Salvador is set to host delegates from different countries to discuss financial inclusion such as the digital economy, banking the unbanked, and the benefits of Bitcoin. El Salvador to Host Delega...
Grayscale Investments Launches Its First European ETF – crypto.news
Grayscale Investments has announced that it will launch its first exchange-traded fund focused on Europe. The Grayscale Future of Finance Exchange-traded fund (UCITS ETF (ticker: GFOF)) seeks to track...
Digital Asset Manager Grayscale Launches Its First European ETF
The GFOF UCITS ETF will track the performance of the companies that are at the intersection of technology, finance, and digital assets. On Monday, May 16, the world’s largest digital asset manager Gr...
SBI Holdings to buy controlling stake in BITPoint for about $99 million, Cryptonews reports
Japanese securities and banking giant SBI Holdings will buy a controlling interest in BITPoint Japan, a crypto trading platform and domestic rival of SBI VC Trade, from its parent company, Cryptonews ...
BTC Turns Bearish as Price Drops to $29,055
The Bitcoin price prediction keeps extending the bearish movement to the areas below the support level of $30,000. Bitcoin Prediction Statistics Data: Bitcoin price now – $29,691 Bitcoin market cap – ...
Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can it Stand?
In February last year, the Central Bank of Nigeria (CBN) sparked widespread criticism after it ordered commercial banks in the country to close down accounts of cryptocurrency traders in the country. ...
Terra (LUNA) Sold 80k Bitcoins, But BTC Price Might Not Drop Below $20K
The cryptocurrency sector was founded on both transparency and anonymity. Even Bitcoin’s developer used a fictitious name, and the world may never know who was behind one of the most innovative financ...
Is It Time to Jump Back Into Ford? Here’s How to Trade It
The recent news has been messy. On Friday, Ford Motor (F) sold another 7M shares of electric vehicle start-up Rivian Automotive (RIVN) for about $188M. Ford had sold 8M shares of RIVN earlier in the w...
Binance Debunks Terra $300M Investment Claim
A recent document indicated that Binance considered a $300 million investment in Terra. However, it appears that the deal was never finalized. CZ Debunks Investment Claim The VP of Research at The Bl...
A Game That Allows You to Race Other Cars on the Blockchain
Video games have entertained children and adults for decades. However, they’ve come a long way since the early days of computer games and the original Nintendo and Atari consoles. Today’s video games ...
Should you buy Palantir dip as oversold conditions push stock higher?
Palantir Technologies Inc. (NYSE:PLTR) had a turbulent year, having lost 54.99% year-to-date. Most of the losses have been incurred in the last 30 days, with at least a 31% negative return in the mont...
Sharing a 98% correlation with Bitcoin, can Shiba Inu hold its key support levels
The dog-themed token has been tumbling after striking the 23.6% Fibonacci resistance. Shiba Inu (SHIB) sellers have denied any substantial bull rallies by keeping the price below the constraints of it...
Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke
Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.” Bitcoin BTCUSD, +0.50% and other cryptocurrencies have bee...
Jamestown to Accept Crypto-Based Rent Payments
Jamestown – a global real estate investment and management firm – has partnered with leading digital currency payment enterprise Bit Pay to accept rent payments in bitcoin and assorted digital currenc...
‘KGF Chapter 2’ Earns $167.6 Million, Film Now Available On Amazon Prime Video Rental For $2.56
Yash in a still from ‘KGF Chapter 2’. Hombale Films Fans of Indian blockbuster KGF Chapter 2 can now access it online. Even before the films gets a digital release, it is now available on ...
Shiba Inu Holders Increase Amid Market Crash, But There’s A Catch
The number of entities holding popular memecoin Shiba Inu (SHIB) hit record highs during the recent crypto crash, as prices dropped to attractive levels. But the token also saw its whale holders fall ...
High inflation and dollar strength: how are they linked?
Financial markets sold off in a massive rout last week, after the publication of elevated US consumer inflation at 8.3% for the month of April. Amid the chaos,the US Senate handed the global monetary...
Voyager Digital Raises $60 Million Through Private Placement
On Monday, Voyager Digital (TSX: VOYG), a crypto trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, gar...
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group’s...
Stocks making the biggest moves after hours: United Airlines & more
A United Airlines passenger plane is loaded at the capital’s BER airport before its first flight from BER to New York’s Newark Airport. On flights to the U.S. East Coast, Berliners and Bra...
15 stocks that have fallen at least 33% but by these measures are still standouts in their sectors
During a year in which more than half of the stocks in the S&P 500 Index have declined 10% or more, you have probably seen the term “oversold” being bandied about. But what does oversold really me...