Alex Dovbnya Goldman Sachs has predicted that Coinbase may have to expand its firing spree American banking giant Goldman Sachs has downgraded the Coinbase price target to “sell,” cutting ...
Category: Tech
Live Tech News Updates.
One of China’s Top Tech Investors Sees Crackdown Turning Point
(Bloomberg) — The founder of one of China’s biggest private equity investors said the nation’s tech firms are turning a corner after a recent rout wiped out nearly $2 trillion in market value at...
2022 Most Significant Bear Market yet, Says Glassnode
The bear market of 2022 has proven to be the most significant yet for cryptocurrencies, according to a recent report from Glassnode. While equities and bonds have also been struggling so far this year...
BNB Draws Short-Term Bullish Sentiment at $236
The Binance coin price prediction shows that BNB may climb above the 21-day moving average to begin the upward trend. Binance coin Prediction Statistics Data: Binance coin price now – $236.2 Binance c...
Digital Asset Products Experienced Largest Outflows Last Week: Report
The outflows of digital asset investment products reached a stunning record-high of $423 million last week amid deepened market dumps, according to the Bitcoin ETF provider ProShares. The amount sharp...
The lowdown on 3AC: Is the market bracing for another crash
While Bitcoin and the crypto-market at large have been attempting some recovery over the last few days, Three Arrows Capital’s (3AC) woes continued to worsen. 3AC is making headlines once again and th...
Cardano (ADA) Price Analysis: Key Resistance Intact Near $0.52
ADA price started a recovery wave from the $0.420 support zone against the US Dollar. The price is now trading near $0.48 and the 55 simple moving average (4-hours). There was a break below a key bull...
CEO Explains Possible Outcome Of SEC Decision
Even as investors anticipate the SEC’s decision on Grayscale’s application to convert GBTC to an ETF, it shared an update on Monday. As the 240-day application review process with SEC is approaching, ...
Dogecoin Has Formed A Bullish Reversal Pattern, What’s Next?
Dogecoin’s price has been optimistic over the last week. The coin secured double digit gains over the last seven days, it rose by nearly 20%. The meme-coin has been experiencing rigid resistance at th...
Less than 1% of all holders have 90% of the voting power in DAOs: Report
Decentralized autonomous organizations (DAOs) have become a rage in the ever-expanding crypto ecosystem and are often seen as the future of decentralized corporate governance. DAOs are organizations ...
European Union Plans to Ban Interest Payments on Deposits in Stablecoins
Gamza Khanzadaev European lawmakers will hold final discussion of bill on regulation of cryptocurrencies on June 30 The European Union is preparing to ban cryptocurrency platforms from charging intere...
Global Emerging Markets Pledged $200M To Unizen’s Smart Exchange
Global Emerging Markets (GEM) has announced a $200 million financial injection to drive adoption, grow the company, and strengthen innovation for the CeDeFi exchange, Unizen. The money is tied to cert...
Stacks (STX) Breaks out From 221-Day Descending Wedge
Stacks (STX) has broken out from a bullish long-term pattern after the RSI generated significant bullish divergence. STX has been falling since reaching an all-time high price of $3.25 in Dec. 2021. T...
Dow Jones Futures Up in Early Morning Trade
The US stock indices jump in early morning trade as the market prepares for a near-term lift before the quarter closing. It’s a good start to the new week as the Dow Jones Futures is trading 0.3% up i...
Will It Cross The $15 Mark This Year?
Algorithms and cryptos have been commanding the blockchain industry. Meanwhile, the decentralized finance (DeFi) sector is now picking up steam. The native coin for the Celsius network, recognized as ...
Bear Market 2022: Purchase Elrond (EGLD), Near Protocol (NEAR) And RoboApe (RBA) For Future Gains
The first half of 2022 has been one of the worst periods for cryptocurrencies. Since the beginning of the year, significant tokens such as Bitcoin (BTC) and Ethereum (ETH) have declined by 40% to 50%,...
Dogecoin: Could new report play spoilsport to DOGE’s ascent towards $0.10-level
As Elon Musk continues to push the memecoin genre of cryptocurrencies in different directions, it seems that Dogecoin [DOGE] has come across the wrong section of the Internet. The altcoin is now being...
Regulators may favor centralized stablecoins after Terra crisis
Swiss National Bank Deputy Head Thomas Moser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins and regulations during t...
Shiba Inu Burn Portal Hits Another Significant Milestone in Amount of SHIB Burned
In late April, the Shiba Inu burn portal was created. The portal, which enables the systematic burning of SHIB tokens, was developed in conjunction with the RYOSHIS VISION token’s developers. Ad...
Unizen Announces $200 Million Capital Commitment Deal From Global Emerging Markets (GEM)
Crypto exchange aggregator Unizen has today successfully acquired a $200 million capital commitment from Global Emerging Markets (GEM) in a bid to bolster innovation on the platform. The funding, whic...
Celsius Denies Allegation of its CEO’s Leaving US
Celsius Network on Monday denied reports of the CEO leaving the US, claiming that all related allegations are false. A spokesperson from Celsius responded to Blockchain.News saying: “Consi...
Three Arrows Capital defaults on Voyager loan
Voyager Digital had not received the $670 million loan it had made to Three Arrows Capital by today’s deadline. Voyager has said that it will pursue recovery of the loan, but with Three Arrows Capital...
Anonymous Vowed to Expose Do Kwon’s Suspicious Actions From the Terra Collapse
The notorious hacker collective – Anonymous – said it will join numerous governments that are conducting investigations against Terra’s Co-Founder – Do Kwon. The native token of the cryptocurrency pro...
Anonymous threatens Terra’s Do Kwon with ‘justice’ in new video
On the back of LUNA and UST’s collapse in May, hacktivist collective Anonymous has vowed to “make sure” Terra Co-founder Do Kwon is “brought to justice as soon as feasible.” On Sunday, a video alleged...
Morgan Creek in Talks With Investors to Join FTX in the BlockFi Bailout
Morgan Creek Digital, a cryptocurrency investment firm, is reportedly in talks with potential investors as it seeks to raise funds to counter FTX’s proposed bailout of crypto lender BlockFi. As report...
Cryptocurrency Market Saw Record-Breaking Outflows from Institutions
The “crypto crash” of 2022 was one of the biggest and strongest plunges in the history of the digital assets industry as a variety of assets have lost up to 50% of their value in a matter ...