Coinbase announced a major new project today in the form of Base, a layer-2 scaling network for Ethereum built in collaboration with Optimism. To mark the news, the crypto exchange dropped a free open...
Tag: Drops
VC blockchain and crypto funding drops off in Q4 2022: Report
2022 will go down as a tough year for crypto, and the bleak market conditions were mirrored by a decline in venture capital (VC) funding flowing into the blockchain and crypto sectors. A report from B...
Analyst Names ‘Must-Hold’ Level for Bitcoin (BTC) Bulls As Crypto Market Drops
A widely followed crypto analyst is highlighting the price level Bitcoin (BTC) bulls must hold as the crypto markets bounce. With BTC trading for $23,984 at time of writing, analyst Justin Bennett tel...
DOGE value drops to $0.0837 Following the bearish extension – Cryptopolitan
Dogecoin price analysis shows that the DOGE/USD pair is facing a bearish market as it has slipped below the $0.0837 mark. The key support level for the pair is present at $0.08365, and if this level b...
XLM Price Prediction: XLM Drops -4.5% as Stellar Introduces New Project Technology. Can It Surpass the $0.09 Resistance Level?
Join Our Telegram channel to stay up to date on breaking news coverage Stellar is trading along the resistance level at $0.09 and has retested once. The price of Stellar dipped 4.5% after hitting the ...
Fantom Price Prediction: FTM Drops 8% To $0.48
Join Our Telegram channel to stay up to date on breaking news coverage Fantom price was trading at the 200-four-hour SMA just above $0.49 after dropping 8.53% in the past 24 hours. The bulls were stru...
Hong Kong Billionaire Horst Julius Pudwill’s Fortune Drops After Short-Seller’s Attack
Horst Julius Pudwill, cofounder and chairman of Techtronic Industries. Jocelyn Tam for Forbes Asia Horst Julius Pudwill, the cofounder and chairman of Techtronic Industries, saw his net worth tumble m...
Block’s Q4 Cash App bitcoin profit drops 25%
Block reported its fourth-quarter bitcoin gross profit from its Cash App dropped by one-quarter to $35 million. The total sale amount of bitcoin sold to customers, recognized as bitcoin revenue, was $...
MATIC Drops 6% as Polygon Labs Slashes Headcount by 20%
Polygon Labs, the group of companies behind the eponymously-named blockchain network, announced it would be cutting its headcount by 20%, per a blog post. The 100 employees that have been laid off wil...
SHIB Burn Rate Drops Below Zero, Here’s What’s Happening
Yuri Molchan Burn rate of Shiba keeps stagnating, mirroring price of popular meme token Contents SHIB burn rate remains down, as does SHIB price Shibarium launch expected this week Per a recent report...
Hong Kong Power Tools Tycoon Horst Julius Pudwill’s Wealth Drops Amid U.S. Demand Concerns
This story appears in the February/March 2023 issue of Forbes Asia. Subscribe to Forbes Asia Jocelyn Tam for Forbes Asia This story is part of Forbes’ coverage of Hong Kong’s Richest 2023. See the ful...
Aventus blockchain pauses planned token split: AVT token drops 4%
Aventus (AVT/USD) has declined by about 4% after Aventus blockchain announced shelving an earlier decision to split its native token AVT. The main reason behind the price drop is reportedly a spike in...
ETC & FTT token drops while ORBN to disrupt the industry
Cryptocurrency is evolving quickly, and new developments are being made constantly to bring a better tomorrow. As such, investors have taken notice of a new project in stage 8 of its presale that coul...
Polygon MATIC price drops as Polygon Labs cuts workforce by 20%
Polygon price (MATIC/USD) has plunged by more than 5% after Polygon Labs, the firm behind the Polygon blockchain announced that it had reduced its workforce by 20%. Polygon earlier last year consolida...
AI crypto search interest drops by 64% despite market gains
Ad Online searches for AI crypto coins have declined by over 64% in the past seven days, despite the sector’s market cap being up 15.76% over the same period, according to CryptoSlate data. AI coin se...
Number of Bitcoin Whales Drops to Lowest Level Since 2019
The number of Bitcoin (BTC) whales, or wallet addresses holding 1,000 or more BTC, hit its lowest level since August 2019 on Sunday. There were 2,027 whales on Sunday, February 19, according to crypto...
African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops – Fintech Bitcoin News
Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($...
OpenSea Drops Fees, Cuts Creator Royalty Protections as Rival Blur Rises
In the face of rising competition from upstart rival Blur, leading NFT marketplace OpenSea announced today that it will temporarily eliminate its 2.5% fee on sales, as well as cut down creator royalty...
Opensea Drops Fees to Zero and Announces New Creator Earnings Model in Response to Shifting NFT Landscape – Bitcoin News
The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it...
OpenSea Temporarily Drops Fees on NFT Sales to Zero
Non-fungible token (NFT) marketplace giant OpenSea announced some changes to its fee structure. This comes amid an open challenge by one of its competitors, which suggested that NFT creators boycott ...
The US TGA Drops In Line With Arthur Hayes’ Market Prediction
The U.S. Treasury General Account (TGA) drops to $406.7 billion. Declining TGA reflects positive liquidity that creates room for a risk rally. $50 billion of the TGA drop was due to interest on treasu...
ApeCoin Has Unlocked 7.3 Million APE Tokens But Price Drops
The latest crypto project to unlock a batch of tokens is ApeCoin. As predicted, its native coin APE has seen prices plummet in response. On Feb. 16, the nonfungible token (NFT) Bored Ape Yacht Club (B...
Terra Classic market cap drops below $1 billion as SEC formally charges Do Kwon
Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) ecosystem, is experiencing a capital outflow after the United States Securities Exchange Commission (SEC) formally charged founde...
Binance Coin Price Analysis & Prediction (Feb 16th) – BNB Attempts $300 But Fails to Reclaim it, More Drops Ahead?
Binance Coin (BNB) Binance Coin finally underwent a correction after experiencing a consistent rally for eight weeks. The price plunged to January 18 low and sharply bounced off. Right now, it looks c...
Blur Token Drops 85% After NFT Marketplace Rasies $500M
NFT marketplace Blur saw its native BLUR token experience a sharp decline of over 84% from a high of $5 to $0.78. However, it happens after its airdrop distribution has gone live. The airdrop amount w...
Mortgage demand drops as interest rates bounce higher
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. Joe Raedle | Getty Images After falling for five straight weeks, mortgage rates jumped last week, triggering ...
U.S. CPI Drops Slightly In January, But Fed Now Expects Higher Rates For Longer
Inflation fell less thank expected in January Getty Key Takeaways Year-over-year inflation cooled slightly in January, but less than economic experts forecasted Monthly inflation painted a more concer...
Bitcoin Price Analysis & Prediction (Feb 14th) – BTC Volatility Drops Ahead CPI Release, Down 6% in a Week
After Bitcoin rallied by over 50% in the past month, it took a break and made a significant downturn. The price plunged sharply to a key support level this week. It bounced slightly and now looking fo...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News
The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, r...
SHIBA Inu Creator Drops Enigmatic Hint About The Launch Date, Leaves Fans Speculating
A significant portion of the Shiba Inu community eagerly anticipates the release of Shibarium, a Layer-2 blockchain. Shytoshi Kusama, the creator of the renowned meme currency, recently dropped anothe...
Bitcoin Drops Toward $21.5K on 6.4% US CPI Numbers for January
The United States Department of Labor outlined the inflation numbers for the first month of 2023, which were slightly different that the expectations. Bitcoin reacted with an immediate price drop that...