The craze around cryptocurrency has increased over the years. Due to how fast it has changed the financial status of some people, it has developed quite the appeal to it. Undeniably, investing in cry...
Tag: bitcoin price
ASIC Declines Proposal to Ban Celebrities From Endorsing Crypto Products in India
After receiving a proposal from the Securities and Exchange Board of India (SEBI) to ban prominent figures from promoting crypto products, the Advertising Standards Council of India (ASIC) said that i...
Coinbase ($COIN) Resorts to Slow Hiring After $430M First Quarter Loss
America’s largest crypto exchange Coinbase has disclosed its plans to slow down hiring as the company faces headwinds following its poor earnings in the last quarter. Coinbase Slows Down Hiring Coinb...
Web3 Already Winning with $174k Payout per Creator vs $0.10 in Web2
Popular venture capital firm, Andreessen Horowitz (a16z), has recently pointed out the huge gap between Web2 and Web3 creators’ payout. In the company’s inaugural “State of Crypto” report published Tu...
Five (5) Things to Know if You’re a Bitcoin Newcomer
Invented during the fallout of the Great Recession of the late aughts, Bitcoin has burst out of its obscure computer science origins. Predictions of its demise have, to date, not been vindicated. Whil...
Crypto Thief Steals $42k After Threatening to Chop off Victim’s Fingers
Authorities in the United Kingdom have sentenced a 24-year-old man to five years in prison for stealing cryptocurrencies worth £34K (about $41,900) after threatening to chop off the victim’s fingers i...
Ether Enjoys a Three-day Hike. Have it Bottomed out?
Ethereum has lost key supports over the last seven days. Last week was one of the intraweek sessions many would love to forget for more reasons than one. The total REKT capital on derivatives market e...
Luna Foundation Guard Allegedly Gave Whales ($2.7 Billion) Exit Door Before Collapse
Following the cataclysmic meltdown of the Terra ecosystem last week, the Luna Foundation Guard (LFG) has been accused of bailing out UST whales with its bitcoin trove before the project came crashing ...
Australian Tax Office Says It Will Prioritize Crypto Investors This Year
The Australian Taxation Office (ATO) announced today that it will prioritize crypto capital gains alongside three other key areas of focus this year to ensure appropriate tax reporting in the country....
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...
The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash
Bitcoin BTC , ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a...
Crypto Needs a Global Regulatory Body, Top Official Says
Ashley Alder, chair of the board of directors of the International Organization of Securities Commissions (IOSCO), an association of firms regulating the global securities and futures market, said the...
Do Kwon Apologizes for Hurting Terra’s Users and Investors
Do Kwon, the brains behind the Terra blockchain project, has apologized to members of the Terra ecosystem and the crypto community for the recent depegging event. Last week, UST, Terra’s algorithmic s...
How to Buy Altcoins With a Credit Card in Five (5) Easy Steps
There are frequent opportunities in the cryptocurrency market that require a quick response. However, depositing funds into an exchange via bank transfer or e-wallets can take up to several hours or e...
SEC Nigeria Issues New Crypto Rules to Protect Investors and Boost Adoption
Nigeria’s Securities Exchange Commission (SEC) has released new rules on the issuance and use of digital assets, including cryptocurrencies, in the country. SEC Nigeria Issues Crypto Rules Recall that...
Biden ‘Endorsed’ Fed ‘Shock Therapy’—Why The $1 Trillion Bitcoin, Ethereum And Crypto Price Crash Could Be Just Getting Started
Bitcoin BTC and cryptocurrency prices have been hit by an almighty sell-off this month, wiping around $1 trillion from the crypto market since early April—though Elon Musk surprised some by signaling ...
Coinbase Shares Hit All-Time Low Following Controversial Disclosure Filing
Leading U.S.-based cryptocurrency exchange Coinbase had an unusually tough week after releasing a disappointing first quarter earnings report, which included a controversial disclosure filing with the...
American Millionaire Investor Mark Mobius Says Bitcoin is Going to $10k
May has not been a good month for crypto investors. Bitcoin is down 24% since the start of the month and 57% from its all-time high (ATH) of $69,000. Analysts believe the recent crash was heavily infl...
KuCoin Hits $10B Valuation After Rasing $150 Million From Industry Investors
Popular cryptocurrency exchange KuCoin has reached a $10 billion valuation after the company raised $150 million in a just-concluded Series B round. KuCoin Raises $150 Million The funding round saw pa...
Satoshi-Era Bitcoin Wallet Holding Over $30 Million Reactivates After 8.5 Years
A dormant Satoshi-era BTC wallet with a balance of $30,395,186 has just been reactivated after 8.5 years of dormancy, blockchain transaction tracking platform Whale Alert revealed on Twitter. Satoshi-...
Why Keeping Bitcoin On An Exchange Is Driving The Price Down
When you purchase Bitcoin from a centralized exchange, you never know whether your account is credited with actual Bitcoin or paper Bitcoin. Paper Bitcoin is a “I owe you” Bitcoin, implyin...
‘Revival Plan’ Boosts ‘Essentially Zero’ Luna Price By 1,000% Amid Bitcoin, Ethereum And Crypto Crash
Luna LUNA , the collapsed cryptocurrency that was designed to support the terraUSD (UST UST ) stablecoin, has rocketed higher over the last 24 hours despite falling to near zero this week—a dramatic c...
Germany’s Finance Minister Says No Income Tax on Bitcoin and Ether Held for a Year
Germany’s Federal Ministry of Finance (BMF), alongside the country’s highest tax authorities, recently published a letter on how income from cryptocurrencies and other digital assets would be taxed in...
Do Kwon’s Spouse Gets Strange Visitor, Requests Police Protection
The quick decline of Terraform Labs-backed project Terra (LUNA) has been the talk of the week with millions of investors around the world impacted. Local reports allege that affected investors are now...
Binance CZ Slams TerraForm Labs Poor “Handling” of UST/LUNA Crash
Changpeng Zhao (CZ), CEO of leading crypto exchange Binance has expressed disappointment at how the Terra (LUNA) project team has so far handled the price crash of its stablecoin, UST and its native t...
Chainalysis Now Valued At $8.6B Following Fresh Funding
Blockchain analytics company, Chainalysis, announced Thursday it has raised $170 million in a Series F funding round at an $8.6 billion valuation. This means that the firm has more than doubled its va...
We’re Only “Halfway There”—Insiders Warn Of 80% Meltdown As Price Of Bitcoin, Ethereum, BNB, XRP, Terra’s Luna, Solana, Cardano, Dogecoin In Free Fall
This week brought the most brutal crypto rout of 2022. Yesterday, the bitcoin price was down 26% for the week. Ethereum’s price crashed 35%, BNB BNB 41%, dogecoin 42%, cardano 44%, XRP XRP 39%, solana...
Terra Blockchain Temporarily Halted to Protect The Protocol From Attacks
Following the recent headwinds surrounding the Terra ecosystem and its native cryptocurrencies, the blockchain was temporarily halted to protect the ecosystem against malicious attacks. Terra Blockch...
PancakeSwap DEX Introduces Fixed Supply (750M $CAKE)
PancakeSwap, the decentralized exchange based on BNB Chain, has proposed to impose a supply cap of 750 million for its native token, CAKE. CAKE 750M Max Supply and Revised Tokenomics The decentralize...
Still Has ‘Potential As A Currency’—Elon Musk Gives Surprise Dogecoin Signal After Huge Bitcoin, Ethereum And Crypto Price Crash
Bitcoin BTC , ethereum and other major crypto currencies have bounced back over the last 24 following a devastating crypto crash that wiped almost $1 trillion from the combined crypto market. Subscrib...