Question of centralization faces growing crypto insurance industry
9.5.2022
Cryptocurrency insurance is expected to be a big business: Will it be centralized or decentralized?
Pepperstone Signs a Five-Year Naming Deal with ATP Tour
9.5.2022
The popular trading broker Pepperstone secures the naming rights from the ATP Tour. The deal with the professional tennis association will bring exposure to this online trading platform. Furthermore, the PepperStone team believes that the partnership also has some symbolic value, given the similar...
Gold Medalist Vanessa Low Becomes the First Betadia Ambassador
9.5.2022
LONDON, 14th April 2022 – An Australian Paralympic athlete–Vanessa Low, officially helms Betadia’s ambassadorship for 2022. The gold medalist becomes the first brand ambassador for Betadia, which is currently one of the most prominent brands redefining the digital insurance industry...
Bitcoin Tumbles to Lowest Since July 2021 as Market Panic Grows
9.5.2022
Crypto majors dropped in European morning hours on Monday amid a slump in broader global markets
Luna Foundation Loans Out BTC to Defend Bitcoin Peg, Faces Community Backlash
9.5.2022
The Luna Foundation Guard (LFG), the entity tasked with holding bitcoin (BTC) as part of the reserves backing the TerraUSD (UST) stablecoin, has loaned out USD 750m worth of BTC to a trading firm “to help protect the UST peg.” Confronted with what this really means, Terra (LUNA) founder Do Kwon...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
Coinbase Faces Q1 Earnings Challenge as Crypto Markets Weaken
9.5.2022
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to report first quarter earnings on Tuesday after the market close
Bitcoin Drops Below USD 33K, Ethereum Slides More, Altcoins Tumble
9.5.2022
Bitcoin price extended its decline below the USD 35,000 support and dropped below USD 33,000. It is currently (11:45 UTC) trading near USD 32,900 and is down over 5% in a day and almost 15% in a week.
Similarly, most major altcoins extended their decrease. ETH moved below USD 2,400 and is down...
Bitcoin sets news 2022 lows as analyst says trip to $24K realized price 'entirely possible'
9.5.2022
Below $30,000 is now traders' preferred prognosis for Bitcoin price action with no let-up in the sell-off this week
Deribit and OKX attract significant traffic from China despite a blanket ban: report
9.5.2022
Recent geographical traffic data highlights that Chinese traders continue to access centralized exchanges despite a regulatory risk
Galaxy Digital Records Q1 Loss of $111.7M Amid Fall in Crypto Prices
9.5.2022
Cryptocurrency-focused financial services firm Galaxy Digital has recorded a net comprehensive loss of $111.7 million for the quarter-ended March 31 2022
DeFi Locked Value Falls to Yearly Low, $27B Lost Over the Weekend
9.5.2022
The drop is likely due to falling token prices and risk-off sentiment in the broader market, analysts said