On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto com...
Tag: news
Coinbase stock falls 20% as Celsius news hits cryptocurrencies
Coinbase Global Inc (NASDAQ: COIN) opened more than 20% down this morning after a crypto lending company made an announcement that pushed Bitcoin to its lowest since the start of 2021. Celsius Network...
BAD NEWS! Binance receives a Class Action Lawsuit, Sell BNB NOW?
In the midst of a crypto crash, cryptocurrency enthusiasts receive more bad news. The biggest crypto exchange Binance receives a class action lawsuit. Usually, when this kind of news surfaces in the c...
BTC Drops Below $24,000 to Lowest Level Since December 2020 – Market Updates Bitcoin News
Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling belo...
CryptoNewsZ Named “Crypto News Site of the Year” at AIBC Awards 2022
CryptoNewsZ bagged the “Crypto News Site of the Year” award at the prestigious AIBC Americas Summit 2022. The event was held from June 6-9 in Toronto, Canada, and saw the presence of esteemed personal...
Russian Parliament to Review Bill Prohibiting Crypto Payments – Regulation Bitcoin News
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent...
Bitcoin Falls to the Lowest Level since Dec 2020
Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko. Prior to that, the cryptocurrency had fallen even further...
the World’s Only DeFi Platform That Always Rewards, No Matter the Market – Sponsored Bitcoin News
sponsored The cryptocurrency Winter is (NOT) here to stay. If the media was any indicator of the current state of the cryptocurrency industry, one would think it was time to “pack up” and find a new t...
Tron DAO Reserve Buys $50M BTC, TRX
Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to “safeguard the overall blockchain industry and crypto market.” Tron DAO Reserve man...
Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs – Emerging Markets Bitcoin News
Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencie...
Drosey’s Web5 to Merge Web3 and Web 2.0, Built on Bitcoin Blockchain
Web5 is a combination of Web3, and Web 2.0 built on the Bitcoin blockchain, former Twitter CEO Jack Dorsey announced through Twitter. Published on his Twitter recently, Dorsey said that the new platfo...
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress – News Bitcoin News
Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency ...
Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False – Bitcoin News
Terra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Meanwhile, the whistleblower Fatman has accused Terra’s co-founder Do Kwon of cashing ...
Drosey Proposes Web5 Combining Web3 and Web 2.0, Built on Bitcoin Blockchain
Web5 is a combination of Web3, and Web 2.0 built on the Bitcoin blockchain, former Twitter CEO Jack Dorsey announced through Twitter. Published on his Twitter recently, Dorsey said that the new platfo...
Bitcoin Investment in Pension Portfolio Diversifies Inflation Risk: First Digital Trust CEO
Blockchain.News recently had a conversation with Mr. Vincent Chok, the CEO of Hong Kong-based First Digital Trust, a technology-driven financial institution powering the digital asset industry, to hel...
Billionaire Stan Druckenmiller Prefers Bitcoin Over Gold in ‘Inflationary Bull Market’ – Markets and Prices Bitcoin News
Renowned billionaire hedge fund manager Stanley Druckenmiller says that in an inflationary bull market, he wants to own bitcoin more than gold “for sure.” However, he explained that in a bear market, ...
Coin Center Sues IRS For Unconstitutional Tax Reporting Rules
Coin Center, a Washington DC-based Not-for-Profit organization with a focus on crypto policies, has filed a lawsuit against the United States Treasury and the Internal Revenue Service (IRS) for a tax ...
Do Kwon Denies Allegations of Cashing Out $2.7Bn through DegenBox
Do Kwon, the once cherished developer who gained prominence with the rise of Terra Blockchain protocol is now being dragged on Twitter for a series of alleged financial misconducts that possibly led t...
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’ – Bitcoin News
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get wors...
Ripple Notches Another Win – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Court Thumbs Down SEC Motion To Seal Torres has rejected the SEC’s request to seal the case XRP Price at the time of writing – $0.3508 As the Ripple people group prepares for the significant decision...
Devere Group Predicts a Bull Run and ‘Significant Bounce’ for Bitcoin in Q4 – Markets and Prices Bitcoin News
The CEO of Devere Group, a financial advisory and asset management firm, has predicted a bull run and a significant bounce in the price of bitcoin during the fourth quarter of this year. Devere’s CEO ...
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks – Bitcoin News
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus ...
Let’s Drill Down on Stanley Black & Decker Stock
Stanley Black & Decker (SWK) is the world’s largest maker of tools, the second largest commercial electronic security company, and a big provider of engineered fastening systems. Let’s...
Meet Chris Stirewalt, A Fired Fox News Editor Turned Star Jan. 6 Committee Witness
WASHINGTON, DC: Committee members attend a House Select Committee hearing to Investigate the January … [+] 6th attack on the US Capitol. China News Service via Getty Images “Some weeks, the show...
EU Nears Agreement on Crypto Regulations, Report Reveals – Regulation Bitcoin News
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreeme...
Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More for Investors to Watch This Week
It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting comm...
The CFTC’s action against Gemini is bad news for Bitcoin ETFs
On June 2, 2022, the United States Commodity Futures Trading Commission (CFTC) initiated an action against Gemini, the crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss. Among ...
Here’s How DeFi Market Looks After Terra Collapse – Coinpedia – Fintech & Cryptocurreny News Media
Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a ...
Bearish Bets: 3 Beaten-Down Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets – Bitcoin News
Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash progr...