Chen Boliang, a former senior manager at crypto exchange Huobi, has been sued for conducting illicit trading, the Financial Times (FT) reported on Wednesday. Huobi’s Former Manager Sued for Illegal Tr...
Tag: Invest
Voyager Discloses $660M Exposure to Troubled VC Firm 3AC Capital
Publicly-traded crypto platform Voyager Digital has revealed that it may issue a notice of default to the struggling crypto VC, Three Arrows Capital (3AC) for failure to repay its loan. In an official...
2 ways to invest during stagflation
Stagflation is an economic phenomenon characterized by high inflation and high unemployment. Everyone knows that inflation has reached levels not seen in four decades in the United States, and many no...
Crypto Lending Company BlockFi Secures $250m Revolving Credit Facility With FTX
Cryptocurrency lender company BlockFi has signed a nonbinding agreement with leading American crypto exchange FTX to secure a $250 million revolving credit facility to improve its balance sheet and st...
Tesla CEO Elon Musk Claims to Never Said People Should Invest in Crypto
4 hours ago | 2 mins read Altcoin News Musk said that he was urged to support Dogecoin by his own workers. Tesla and SpaceX accept Dogecoin payments for select items. At this year’s Qatar Economic For...
Elon Musk Denies Advising People to Invest in Crypto
The business magnate and CEO of Tesla – Elon Musk – said he has never urged individuals to distribute their wealth into cryptocurrencies. He reminded he has personally invested in bitcoin, however, th...
NFT Marketplace Magic Eden Bags $130M in Series B Funding Despite Crypto Winter
Popular Solana-based NFT marketplace Magic Eden has raised $130 million in Series B funding, bringing the company’s valuation to $1.6 billion. The latest funding comes at a time when the global crypto...
I Never Asked People to Invest in Crypto
A few days after Elon Musk and his companies – Tesla and SpaceX – were sued by an American citizen, Kieth Johnson, for promoting Dogecoin, the billionaire said in a Bloomberg interview that he “never ...
Is Bitcoin Dead? Is This the End of Crypto? No Way! Here’s Why
It’s that stage in the market cycle where almost everyone feels defeated. Total crypto market capitalization has slumped to less than a trillion dollars, despite only being worth three times that valu...
Bitcoin Miner Bitfarms Confirms 3,000 BTC Sale and Less HODL
Nasdaq-listed Bitcoin mining company Bitfarms has confirmed the sale of approximately 3,000 BTC (appr. $62 million), making it the latest mining firm to announce the sale of mined bitcoins in the wake...
Can You Earn More Profit With Crypto Launchpads? Invest With BoostX, Ethereum Launchpad and Polkastarter
Investing in the crypto trading market has become quite the trend and plenty of investors have seen considerable returns. This only means that the popularity of cryptocurrency is on the rise. Picking ...
Vitalik Buterin Criticizes Bitcoin S2F Model (to $100k) Prediction
Vitalik Buterin, the founder of Ethereum, has criticized PlanB’s popular Bitcoin Stock-to-Flow (S2F) chart, noting that the model gives people false hope. Sharing his views on Twitter today, Buterin s...
“I Never Said That People Should Invest in Crypto” After Bitcoin Plunged 70% Since ATH
Arman Shirinyan Musk stated that he wasn’t urging people to invest in cryptocurrency after industry plummets In his most recent interview with Bloomberg, Elon Musk was asked by the host about th...
Elon Musk Says He Never Told Anyone to “Invest In Crypto” Amid Ongoing $258B Dogecoin Lawsuit Against Him
– Advertisement – The Tesla exec says he has never advised anyone to invest in digital currencies. In light of the lawsuit slammed against Elon Musk, the Tesla executive noted that he ne...
Experts Say It’s Safer To Invest In Blockchain Stocks
In the last week, the crypto market went through one of the worst phases. Flagship currencies, Bitcoin and Ethereum, fell below the $20,000 and $1,000 mark, respectively. The event again reminded inve...
‘I have never said people should invest in crypto’
While the cryptocurrency industry starts to recover after the market-wide carnage that engulfed it during recent days, billionaire entrepreneur and Tesla (NASDAQ: TSLA) CEO Elon Musk was interviewed a...
How to Start Work With Crypto When You Are a Student in 2022?
If you have not been living under a rock, you must have heard of crypto, bitcoin, blockchain, digital currency, and other related terms. For quite a while now, the conversation surrounding blockchain ...
What is Three Arrows Capital (3AC), and Why Is Everyone Talking About Them?
Everyone has been talking about Three Arrows Capital (3AC) over the past week, and there is a reason for that. The venture capital firm is at the forefront of a massive liquidation spurred by the rece...
Are Cryptocurrency Assets Securities: A Comprehensive Guide
Cryptocurrencies have become the hottest investment opportunity of the 21st century. Investors are flocking to buy, trade, and hold cryptocurrencies like never before. In doing so, they’re searching f...
KuCoin Becomes First Crypto Exchange to Support PIX-Powered BRL Transfers
KuCoin became the first cryptocurrency exchange to support BRL transfers using the state-backed PIX payment system developed by the Central Bank of Brazil. The recent partnership with the Brazilian pa...
El Salvador’s President Tells Investors
El Salvador President Nayib Bukele has encouraged Bitcoin investors to worry less about the ongoing downward spiral in the market. Bukele is optimistic that the leading cryptocurrency will regain its ...
So Stable! Stablecoins Now Hold Over 15% Of Crypto Market Share
The market value of stablecoins has been rising steadily in recent months. Amid a broader crypto market collapse, stablecoins gained further market share and now hold more than 15% of the total crypto...
Immutable Launches $500 Milllion Ecosystem Fund for Web3 and NFT Gaming
Immutable, an Australian gaming company, has launched a $500 million ecosystem fund committed to supporting developers building on its Ethereum layer 2 scaling solution Immutable X. Immutable Unveils ...
Cathie Wood’s Ark Invest says a coming ‘worker backlash’ could see Zoom skyrocket 1,263% by 2026
Cathie Wood’s Ark Invest says a coming ‘worker backlash’ could see Zoom skyrocket 1,263% by 2026 Zoom Video Communications (ZM) was one of the hottest stocks during the early days of the p...
How to invest during a bear market, according to investment advisors
There’s a “hurricane” coming for the U.S. economy, and investors should brace themselves for more volatility. At least that’s what JPMorgan Chase CEO Jamie Dimon said earlier this month at an annual c...
ETH Dips Below $1,000. How low can it go?
Ethereum dipped to its lowest in more than a year. As at the time of writing, Ether’s low for 2022 is $900. However, the coin saw notable price increases that resulted in a peak above $1,090. It has h...
Bullish Traders Lose $350 Million as BTC Drops Below $18k
The bearish market has taken a turn for the worse as Bitcoin price dips below $18k as the crypto market is prepping for its daily close. The latest move by the bears has seen the top coin hit a low of...
Flash Crypto Crash! Now Is The Best Time To Invest In These High-Potential Coins: Logarithmic Finance (LOG), Cardano (ADA), And Avalanche (AVAX).
While the U.S. dollar has fallen, the cryptocurrency market has managed to outpace its value, rewarding those who invested early. However, the cryptocurrency market is still volatile. Today the market...
Arthur Hayes Predicts Final Showdown for Crypto Market
In two weeks, there will be a “final showdown” between weak hands and a bidless crypto market, according to Arthur Hayes, the former CEO of cryptocurrency derivatives trading exchange BitMEX. Arthur ...
Here’s Why You Must Invest in Gnox Token (GNOX) if Have Already Missed Out on Uniswap (UNI) and Chainlink (LINK)
Place/Date: – June 17th, 2022 at 10:17 am UTC · 3 min read Source: Gnox Both Uniswap and Chainlink have arguably become mainstays of the altcoin world. And while it might not be too late to get ...
Babel Finance Temporarily Suspends Withdrawals Due to “Unusual Liquidity Pressure”
Hong Kong-based cryptocurrency lending company Babel Finance has temporarily suspended its services, citing liquidity pressure due to extreme market conditions. Babel Finance Halts Withdrawals In a b...