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Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name

14.12.2021
  Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.  Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC,...

Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’ Stronger USD Coming

13.12.2021
  Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. ... Read More: Arthur Hayes Tells Crypto...

AUD/USD Looks Higher Ahead of Busy Week as Sentiment Improves

13.12.2021
Markets in the Asia-Pacific set at a higher opening at the start of the week. With the Omicron threat set aside, the S&P 500 sealed at a new record high last Friday on Wall Street. The traders are now focused on the Federal Reserve and monetary policy announcement this week, scheduled...

Bitcoin Hovers Near $48k Ahead of Fresh Key US Inflation Data

10.12.2021
The main idea of Bitcoin is to develop a programmable agreement without the intervention of a third-party association. Many investors and ordinary people consider it a form of asset that will increase in value in the future. Moreover, the Bitcoin asset distribution helps the company raise money...

Vera Successfully Performs Non-Custodial Rental of $1.5 Million Bored Ape

10.12.2021
Vera, one of the leading NFT and DeFI platforms, is now the first protocol for renting a $1.5 million dollars NFT to two unknown individuals. The most awaited ETH mainnet platform was unveiled at the Sagamore South Beach Hotel, where the Art Basel Miami is taking place. The NFTs are the Bored...

MicroStrategy Spends Another USD 82m on Bitcoin

9.12.2021
  The US-based business software firm MicroStrategy has bought an additional 1,434 bitcoin (BTC), bringing its total stash to BTC 122,478 (USD 6bn), the company’s CEO, Michael Saylor said. The new coins were acquired at an average price of USD 57,477.... Read More: MicroStrategy Spends Another...

Cardano (ADA) Shows Recovery but Struggles Around $1.5

7.12.2021
Cardano’s price has taken a bullish momentum after the plunge of December 4. Investors are hoping for a higher high to change the bearish momentum. It may consolidate in this range.  Last week Cardano price crashed more than 25%, now it has bounced up to create a support level of around $1.38....

USD 100M Jury Verdict in Craig Wright Case Brings More Confusion

7.12.2021
  The man known to many of his detractors as “Faketoshi” – the Australian computer scientist Craig Wright – has been celebrating victory after he was forced to pay USD 100m in damages by a jury in Miami. His 'win' has been questioned by the wider crypto community and some legal professionals,...

AUD/USD Currency Stays in Focus as Traders Await Omicron News

6.12.2021
Following last week’s volatile market nature, Asia-Pacific markets are expected to start trading cautiously. The economic calendar is currently light, allowing prevailing risk trends to remain controlled. The developing Omicron variant of Covid-19 impacted mood last week, causing risk...

Major Crypto Crash Leads to $570 Billion Lost in Market Cap

6.12.2021
The recent bitcoin meltdown can be attributed to countries attempting to control online legal cash. The whole market value of cryptocurrencies was $3.7 trillion on Friday, but they are currently only worth $3.1 trillion. A total of $570 billion was lost in a single day. According to CoinDesk data...

Bitcoin Price Plunges; Crypto Market Loses $500 Billion

6.12.2021
Bitcoin price drops significantly on Saturday. More precisely, it loses 10% of its value within one hour. Overall, the world’s largest cryptocurrency is down by almost 18%. The cryptocurrency market cap dipped almost $500 billion, whereas BTC’s market cap crashed by almost $200 billion. Besides...

BitMart Loses $196M to Security Breach

6.12.2021
The crypto market recently witnessed a shocking incident as the well-known exchange, BitMart lost 196 million dollars to a security breach. A report by Coindesk stated that the crypto exchange lost $196m, which was originally said to be 150 million dollars. According to the report, the intruder...

Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups

6.12.2021
  Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights - aiming to finance early-stage blockchain-based gaming startups. BSC is a blockchain network built...

Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

6.12.2021
  Major centralized crypto exchange BitMart, which fell victim to a hack over the weekend and lost approximately USD 200m worth of digital assets, intends to compensate affected users and resume its operations.... Read More: Hacked Bitmart to Compensate Crypto Traders After USD 200M Loss

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