Getty Images It’s been a busy month. Then again, when is it not these days? Inflation has continued to be a hot topic as it hit 8.6% in the U.S., which is the fastest rate of increase since 1981. The ...
Tag: Invest
The US Dollar Is Still King, And Investors Can Make The Most Of It
Getty Images Key takeaways The US dollar rose to fresh 20-year highs this week Meanwhile, the euro fell below $1.02 for the first time since 2002 Rising energy prices, tightening central bank policies...
Chainlink Trading Volume Tripple as Bullish Actions Reach its Peak
Chainlink most recent price movement shows that the asset is seeing an increase in both its trading volume. Investors are gradually waking up to the cryptocurrency rallying it to new price peaks. Acco...
BTC Sees More Whale Outflow as Uptrend Enter day 2
Bitcoin price movement has been riddled with a lot of uncertainties. When many expect prices to improve, it goes downhill. This has been the situation throughout the past 30 days. However, market cond...
Angle Protocol Partners With Plenty to Bring agEUR to the Tezos Ecosystem
Popular Euro stablecoin on Ethereum, agEUR can now be bridged to Tezos ecosystem through the Plenty bridge. Users can access the bridge at plentydefi.com/bridge and bridge their agEUR from Ethereum to...
Crema Finance Hacker Returns $7.6M of Stolen Funds
The attacker responsible for the Solana-based Crema Finance hack has returned about $7.6 million of stolen funds, keeping roughly $1.6 million worth of SOL as a bug bounty reward. Crema Finance Hacker...
FTX Still Has a “Few Billion” to Support Struggling Crypto Firms
Sam Bankman-Fried (SBF), the founder and CEO of leading crypto derivatives exchange FTX, said Wednesday that his company still has a “few billion” dollars to save struggling crypto companies that coul...
Binance Launches Zero-Fee Bitcoin Trading to Celebrate 5th Anniversary
The world’s largest cryptocurrency exchange, Binance, has launched zero-fee trading for 13 bitcoin spot trading pairs to celebrate its 5th anniversary. The new policy will go into effect on July 8 and...
FTX crypto exchange has $2 billion to invest
The CEO of crypto exchange FTX told Reuters that the company has $2 billion in the tank to invest in projects deemed attractive. FTX and the $2 billion to invest in the crypto world During an intervie...
70% of Millennials Crypto Owners Invest in IRA, Survey Shows
Irrespective of the current outlook in the digital currency ecosystem, the number of millennials dipping their foot in the space is growing by the day. According to a new survey report from AltoIRA, ...
Top Reasons to Invest in Gnox (GNOX), Fantom (FTM), and Solana (SOL) During Current Market Conditions
Place/Date: – July 6th, 2022 at 10:44 am UTC · 3 min read Source: Gnox Prevailing market conditions are every experienced investor’s dream. The market is flooded with brilliant crypto projects, ...
Virginia Retirement Systems Invest in VanEck’s Crypto Lending Fund
Two retirement systems in Fairfax County, Virginia, distributed $35 million into VanEck’s cryptocurrency lending fund. The administrative region has experience in the digital asset industry since year...
High-End Jeweler Graff Diamonds Sues Insurer Over $7.5M Bitcoin Ransomware Payment
Famous British Jeweler Graff Diamonds Corp. has filed a lawsuit against its insurance company, The Travelers Companies Inc., over $7.5 million it spent after falling victim to a ransomware attack in S...
Bitcoin Flashing Multiple Bottom Signals After Massive Systemic Shock, According to ARK Invest Analyst
Bitcoin (BTC) is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management. Elmandjra notes BTC is trading below its 200-week moving average (MA) short ...
Crypto Broker Voyager Files For Chapter 11 Bankruptcy Protection
Crypto brokerage firm Voyager Digital announced today it has filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York. The announ...
Bitcoin Miner Core Scientific Confirms $167M Bitcoin Sale Amid Market Selloff
Public-traded Bitcoin mining company Core Scientific sold 7,202 BTC, worth $167 million last month. According to the firm’s “June Updates,” released on Tuesday, the crypto assets were sold at an avera...
Ethereum Name Service (ENS) Hits 1.5M Registered Names Amid Crypto Winter
Despite the severe bloodbath in the crypto market, some projects appear to be steadily growing. The Ethereum Name Service (ENS) is a vivid example in this regard, as the project has surpassed 1.5 mill...
It Is Great To Celebrate Artist’s Hometowns. It Is Even Better To Invest In Them
In June, the major record labels association BPI released a report detailing where British artists responsible for each of the top 300 albums in the U.K., in 2022, are from. The objective, it seems, i...
Bank of England Calls For Stricter Crypto Regulation Amid Market Downturn
The Bank of England (BoE) is calling for stricter regulations on crypto after the recent market downturn to safeguard against the potential financial stability risks they could pose. BoE Calls for Str...
U.K. Wants Public Views on Taxation of DeFi Loans and Crypto Staking
The United Kingdom (UK) has launched a call for evidence seeking public views on the taxation of crypto-backed loans and staking in the context of decentralized finance (DeFi). The call for evidence ...
Crypto Lender Nexo Signs Term Sheet to Potentially Acquire Struggling Rival Vauld
Popular crypto lending platform Nexo revealed on Tuesday that it has signed an indicative term sheet to acquire Singapore-based lending rival Vauld. An indicative term sheet is a document that shows t...
How Merged Mining Opens the Way for More Crypto Revenue
The cryptocurrency market has opened a valley of business opportunities, from trading highly volatile assets to mining and releasing them into the open market. The latter is of special interest to us,...
Ethereum Burns 2.5 Million ETH ($2.8B) via EIP-1559 Protocol
Less than a year after its activation, the Ethereum Improvement Proposal-1559 (EIP-1559) has permanently removed nearly $3 billion worth of ETH from circulation. According to recent data from Ultraso...
ARK Invest ‘neutral to positive’ on Bitcoin price as analysts await capitulation
Bitcoin (BTC) has a “neutral to positive” outlook despite staying below $20,000, according to ARK Investment Management. In its latest “Bitcoin Monthly” report, the American asset manageme...
Bitcoin May Continue to Suffer, Says Ark Invest Analyst
Alex Dovbnya ARK Investment Management’s Yassine Elmandjra believes that Bitcoin may face another correction despite “stable” fundamentals Yassine Elmandjra, analyst at Cathie Wood&#...
VCs Invested Over $3B in Crypto Projects Last Month Despite Bear Market: Report
Despite the downturn in the crypto market, venture capital (VC) firms have not lost interest in the sector and have continued to pour money into crypto projects. According to a VC monthly report by Wu...
Crypto To Work in the Long Run- CEO of ARK Invest management (Cathie Wood)
CEO of ARK Invest Cathie Wood marked that crypto to work in long run. ARK Invest management holds stake in tech giants company. ARK Invest is a traded-funded management company...
Crypto Broker Voyager Says It Is “Pursuing Strategic Alternatives” After Halting Withdrawals
In a tweet thread on Sunday, crypto broker Voyager Digital said it is seeking strategic alternatives and that it is focused on protecting assets and maximizing value for its customers. The statement c...
Short-Bitcoin Products Hit $51M Inflow as Investors Predict More Downside
As the bearish crypto market continues, many investors have opted for schemes that will bring them profits, at the expense of top assets such as Bitcoin. Short-Bitcoin Hits $51M Within a Week Accordin...
Crypto Exchange FTX US Rescues BlockFi With $640 Million Deal
FTX US, the United States division of Sam Bankman-Fried’s cryptocurrency derivatives exchange FTX has signed a “definitive agreement” worth $640 million with troubled crypto lender BlockFi. According...
Solana-based Crema Finance Hacked for $8.7M in DeFi Exploit
Crema Finance, a DeFi protocol on the Solana network, suffered a security breach in the early hours of Sunday. The hack led to the loss of an estimated $8.7 million which the attacker still holds in s...
Wonderland passes vote to invest $25 million in Sifu Vision
DeFi protocol Wonderland has passed a governance vote to invest $25 million in the token Sifu Vision, a crypto project founded by Wonderland’s former treasury manager, known as Sifu. The vote p...