Bitoasis Layoffs 5% Workforce as Bear Market Concern Grows

United Arab Emirates-based cryptocurrency exchange BitOasis announced on Sunday that it has laid off nine employees as part of its cost-cutting plan. Ola Doudin, the CEO of Middle East-focused crypto ...

Fed Is Driving Current Downturn, Crypto Billionaire Says

Cryptocurrencies are witnessing a dramatic market crash and the Federal Reserve is responsible for this downturn, said Sam Bankman-Fried, the CEO of the FTX platform.   “The core driver of this ...

“Stop Looking at the Graph and Enjoy Life”: El Salvador’s President on BTC Price Slump

El Salvador’s bitcoin-friendly President Nayib Bukele has shared an advice to all Bitcoiners as the cryptocurrency ecosystem has continued to take a deep dive down. Over the weekend, the price o...

Top Reason Why Bitcoin Price Surge Above $20K? – Coinpedia – Fintech & Cryptocurreny News Media

For Bitcoin supporters, the past few days have been a turmoil due to unfavorable price movements. After falling to the $19,000 mark on June 18th, Bitcoin appears to have likely cleared the way for a n...

The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’ – Metaverse Bitcoin News

Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the me...

Peter Brandt Says Will Not Use ‘Enemy’s Cash’ to Buy ETH, Here’s Why

The once lustrous digital currencies are no longer considered such, at least, in the short term considering the nosediving nature of prices and valuation at this time.  With the combined crypto market...

Immutable launches its $500M Fund to Boost Web3.0 Gaming Adoption

Blockchain infrastructure platform Immutable has launched a new $500 million fund for emerging gaming protocols and non-fungible token (NFT) startups in the Web3.0 ecosystem. As reported by TechCrunch...

Iconic Funds Launches Fourth Crypto Offering with ApeCoin ETP

Frankfurt-based crypto asset management group Iconic Funds announced today that it has expanded the variety of its wrapped crypto exposures available to investors by launching the world’s first ApeCoi...

Altcoins Expanding DeFi Ecosystem but Can’t Beat Layer 1 King Ethereum: Chainalysis

Different Layer 1 blockchains are created to serve different goals. Bitcoin was designed to be a currency for simple, trustless transactions with enforced scarcity to preserve its value. However, its ...

Celsius is risking insolvency – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News

Crypto lender risks insolvency after it pauses withdrawals CEL token has plummeted more than 50% in the last 24 hours Celsius Network held a $3.5 billion pre-money valuation Crypto moneylender Celsius...

Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’ – Markets and Prices Bitcoin News

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn. “Long term, you just have to stomach it. You have to understand...

Sand price analysis  – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News

The price fell 7.95 percent in the last 24hrs The altcoin is trying to recover  The relative strength index is below 40 The Sandbox is a blockchain-based virtual world allowing users to create, build,...

Theta price analysis  – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News

Recovering after the downfall from the $1 mark The current market cap is still at a decrease of 9.70% Can be a perfect movement for investors to buy the dip. Theta (THETA) is a blockchain-powered netw...

Tesla CEO Elon Musk Confirms He’ll Keep Buying and Supporting Dogecoin – Altcoins Bitcoin News

Tesla and Spacex CEO Elon Musk has reaffirmed his commitment to dogecoin (DOGE). He confirms that he will keep buying and supporting the meme cryptocurrency. The price of dogecoin climbed following hi...

Your BTC Investment Is Safe, Will Immensely Grow After Bear Market – Markets and Prices Bitcoin News

The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s Presid...

Binance Exchange Stacks Bitcoin as Prices Fall Below $20,000

Binance cryptocurrency exchange, unlike any other, may be taking advantage of the current market crash to top its Bitcoin (BTC) bag. The trading platform has arguably acquired as much as 101,266 BTC a...

Binance Suspends Direct Deposits and Withdrawals in Brazil – Bitcoin News

Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments pa...

Three Worst Hit Altcoins by the Current Market Onslaught: ETH, NEXO, and XMR

While there is a growing bullish trend in the digital currency ecosystem across the board at the time of writing, the industry is notably not exhibiting a sign of persistent health as we are unsure if...

Stock Market Closed for Juneteenth, June Economic Data, and More to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed on Monday in observance of Juneteenth. There will be a handful of earnings reports, annual shareholders meetings, and economic-data rele...

If The Crypto Crash Is Another “Tulip Bubble” That Is Really Good News.

The Wall Street Journal (“The Crypto Party Is Over”) notes the similarities between the current price adjustments in the cryptocurrency markets and the late-1990s collapse of many internet companies. ...

Cumberland Sees Massive OTC Moves During Crypto Market Rout — ‘Most Volume We’ve Seen This Year’ – Bitcoin News

During the last week, while crypto markets got hammered, digital currency-centric over-the-counter (OTC) trading desks were swamped with orders. The cryptocurrency OTC trading desk Cumberland, a subsi...

Peter Schiff Asks Popular News Channel To Apologize Amid Market Fall

3 seconds ago | 2 mins read Bitcoin News Schiff has been outspoken about his disapproval of cryptocurrency. Investors are worried about the future and desperate to see a rebound. Despite his position ...

Sberbank to Conduct First Digital Asset Transaction on Own Platform – Finance Bitcoin News

Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes aft...

Create an Exit Plan for When Oil Stocks Run Out of Gas

The economy constantly cycles through sector winners and losers. The stock market obliges these trends with money flowing toward the shares of companies that earn outsize returns and out of the losers...

Class-Action Lawsuit Accuses Terraform Labs of Misleading Investors – Bitcoin News

Following the Terra stablecoin depegging incident, a class-action lawsuit has been filed against the company Terraform Labs and a number of other crypto companies over the collapse of terrausd (UST). ...

Babel Finance Halts Withdrawals as Crypto Market Plunges

Babel Finance, a cryptocurrency lending firm based in Hong Kong, on Friday, announced that it has temporarily paused the withdrawals and redemption of crypto assets. The move comes as the crypto lende...

Bitfarms Sells 1500 BTC Goes for New Loan to Boost Liquidity

Bitfarms Ltd, a global Bitcoin self-mining company headquartered in Canada, announced on Friday that it entered into an equipment financing agreement to stabilize its financials amid the plunge in cry...

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review – The Weekly Bitcoin News

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the...

Low Level of Crypto and Blockchain Adoption in Africa Compelled Me to Write a Book – Interview Bitcoin News

Blockchain and crypto enthusiasts have for years preached about the much envisioned mass adoption of this fintech and why this is an important goal that must be achieved sooner than later. However, ma...

Tether Experience DDOS Attack ! Here’s The Outlook at What Really Happened! – Coinpedia – Fintech & Cryptocurreny News Media

The most valuable stablecoin, USDT, has been the target of a distributed denial of service (DDOS) attack. This is according to a tweet from Paolo Ardoino, Tether’s chief technical officer (CTO). The c...

Ukraine Joins European Blockchain Partnership as Observer – Blockchain Bitcoin News

Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian go...

Easily Enter Web 3.0 With GameFi Platform G-Link – Coinpedia – Fintech & Cryptocurreny News Media

Web 3.0 is troublesome to enter. What if Web 2.0 mobile gamers can immediately start playing fun F2P P2E games? G-Link’s platform will connect gamers, game developers and investors. Skyrocketing poten...