Since the last decade, the cryptocurrency market has been booming. Several organizations and independent traders have increased their involvement with global finance and market changes. However, as in...
Tag: Ether
Three Arrows Capital Sells Over 56,000 Staked Ether Amid Growing stETH Discount – crypto.news
Wallets believed to belong to major investment firm Three Arrows Capital (3AC) recently sold off over 56,000 Lido staked ether (stETH) leading to a further decoupling of the price relationship between...
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...
Bit.com Enables Trading of Staked Ether on Spot and Perpetual Futures Markets
Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets to meet the diversified needs of cryptocurrency users. By listing STETH on the spot and ...
BitMEX’s Arthur Hayes Sees Risk Of ‘Bigger Crash’ For Bitcoin And Ether If These Price Levels Fail To Hold ⋆ ZyCrypto
Advertisement     On Monday, Bitcoin shed over 17%, dropping to levels last seen in December 2020 and extending losses that have gripped the cryptocurrency for the las...
Goldman Sachs launches derivative product on Ether- The Cryptonomist
After announcing a few weeks ago its intention to offer its wealthiest clients derivative instruments also in cryptocurrencies, Goldman Sachs would now be ready to launch the first of these products, ...
Exchange to Reduce Workforce by 18% Amid Crypto Winter
As the current bearish trends grow stronger, the leading United States cryptocurrency exchange, Coinbase, said it is planning to lay off 18% of its workforce, representing about 1,100 employees. Coinb...
Seven Things To Know Before Investing in Cryptocurrencies (In Bear Markets)
The total value of all cryptocurrencies in circulation has now dropped below $1 trillion. The decline provides an opportunity for convinced investors to allocate funds to the space at cheaper prices t...
El Salvador’s Finance Minister Says Bitcoin Crash Will Not Affect Country’s Fiscal Health
El Salvador’s Finance Minister Alejandro Zelaya has revealed that the recent crash in Bitcoin and crypto prices has minimal risk to the country’s fiscal health. El Salvador Records $40M Paper Loss in ...
Celsius rivals move to distance themselves from its staked ether woes
Rival crypto lenders moved quickly to distance themselves from staked ether (stETH) on Monday after Celsius Network paused all client withdrawals to stabilize its liquidity position. Staked ether is ...
Se registran liquidaciones cripto por más de $1000 millones a medida que bitcoin y ether pierden su nivel de soporte
Bitcoin sumó más de $532 millones de todas las liquidaciones, seguido de ether, con $317 millones, y los tókens SOL de Solana, con aproximadamente $20 millones. Los futuros siguiendo a ADA (de Cardano...
REALM Beta App Set for Release on June 21st (REALM-DAY) at NFT.NYC
REALM, a mobile-first social impact “metaverse factory”, is releasing its mobile app beta on the Google Play Store and Apple App Store on June 21st, or REALM-DAY. Visitors to NFT.NYC will be able to j...
Ether Is Likely to Hold $1,000, Says Mike Novogratz
Alex Dovbnya Ethereum (ETH) came close to plunging into three-digit territory after a massive sell-off Galaxy Digital CEO Mike Novogratz struck a cautiously optimistic tone about the current state of ...
Binance Resumes BTC Withdrawals After Temporary Suspension
Leading cryptocurrency exchange Binance has resumed bitcoin (BTC) withdrawals after temporarily suspending the service for a few hours. Binance Suspends BTC Withdrawals Earlier today, the exchange an...
Investment Manager SkyBridge Bought the Bitcoin Dip
While crypto investors are panicking about the current bearish trends, global investment firm SkyBridge Capital is buying the Bitcoin dip. According to Anthony Scaramucci, SkyBridge CEO, the investmen...
BlockFi Reduces Workforce by 20% as Crypto Winter Intensifies
The current bearish market trend is affecting both investors and companies in the crypto industry. While investors scratch their heads in losses, firms such as crypto lending exchange BlockFi are taki...
CZ Binance Says Now is a Great Time to Hire and Acquire Despite Crypto Winter
Despite the unfavorable conditions in the crypto market, Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance, said that the company is increasing its workforce and acquisitions. A Healthy War ...
Near $1 billion REKT as Global Crypto Market Cap Slips Below $1T
The global cryptocurrency market has slipped below $1 trillion a few hours to the time of writing. This is the first time in more than a year the valuation of the industry is below the said mark. Sou...
PFP NFTs Explained for Real Beginners (101 Guide)
Profile Picture Non-Fungible Tokens (PFP NFTs) are NFT images that are displayed as profile pictures in the form of avatars on an individual’s social media account(s). NFTs that started out with littl...
Celsius Network Freezes User Assets as Market Crash Worsens
On Monday, crypto lender Celsius Network, paused withdrawals, swaps, and transfers of assets between accounts on the platform, citing “extreme market conditions.” The popular crypto lending platform s...
FIVE Hotels Unveils Support for Bitcoin (BTC) and Ether (ETH) Payments – crypto.news
Dubai continues to pioneer crypto adoption as a means of payment as according to the latest development, Dubai-based FIVE Hotels and Resorts has announced it will now accept payment for its services i...
Ether Drops Below $1,400, Pummeled By US Inflation And Difficulty Bomb Setback
Ether fell to its lowest level in more than a year as altcoins took a greater beating. The second-largest cryptocurrency by market capitalization recently traded for approximately $1,450, a decline of...
Do Kwon Flatly Denies Cashing out $2.7 Billion Before Terra Collapse
Controversial Terra (LUNA) blockchain founder Do Kwon has taken to social media to refute the recent allegations that he cashed out $2.7 billion before the catastrophic end of the $40 billion valued b...
BTC hit a Low of $25k Last Month. Will it dip lower?
The past month has been one that many would love to forget as Bitcoin failed to surge. The asset dipped to its lowest in more than 16 months. Opening the 30-day session at $37,680 and peaking at $40,0...
Lido staked ether (stETH) discount drops to 5% for second time in one month
Lido’s staked ETH (stETH) token price has dropped to a 5% discount against ether (ETH) for the second time in a month, amid fears of shrinking liquidity for the staking derivative. stETH is a derivat...
ETH Retests $1,500 for the First in Fourteen Months
A few minutes to the time of writing, Ethereum retraced to the sub-$1,600. The coin has hit a low of $1,500 but met rebound at the level. As at this time, the asset is trading above $1,500 which sugge...
Jack Dorsey Announces Upcoming “Web5” Platform Built on Bitcoin
Jack Dorsey, the former CEO of Twitter and founder of Block Inc., is working on a new decentralized platform, a so-called “Web5” platform that will be built on the Bitcoin network. The development of ...
Nigerian Stock Exchange Plans Blockchain-based Settlement by 2023
The Nigerian Exchange (NGX) Ltd. is planning to launch a blockchain-enabled exchange platform in 2023. Per a report by Bloomberg on Friday, NGX said it aims to use the platform in settling capital mar...
Bitcoin Lightning Network Capacity Surpasses 4,000 BTC
The Bitcoin lightning network capacity hit a new milestone this week, with over 4000 bitcoins (worth approximately $116 million at current prices) locked in channels. The latest milestone comes off th...
It Is a “Very Risky” Option for Retirement Savers
Janet Yellen, the secretary of the U.S. Treasury, said at an event on Thursday that cryptocurrencies are a “very risky” option for people who are saving for their retirement. “It’s not something that ...
Five (5) Ways to Reduce Risk to Near Zero!
Seasoned traders know that no one prevails in cryptocurrency trading 100% of the time. Crypto assets are considered high-risk investments since they are incredibly volatile. Delving into crypto tradin...