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Stablecoin Economy Continues to Deflate — USDC’s Market Cap Shed $6.7 Billion in 83 Days
29.9.2022
Just over two months or approximately 83 days ago, the stablecoin usd coin (USDC) had a market valuation of around $55.52 billion and since then, USDC’s market capitalization has lost 12.05%. For most of 2022, the second largest stablecoin by market capitalization, USDC has been above...
Korean Authorities Seize $67 Million in Bitcoin Linked to Do Kwon
28.9.2022
The securities violation case surrounding Terra has been complicated even further. The South Korean authorities recently requested KuCoin and OKX to freeze over 3,313 Bitcoin allegedly tied to Do Kwon. The reported BTC amounts to over 67 million dollars as of September 28. The Co-Founder of Terra...
Seed Funding for Bitquery Amounts to $8.5Million, Led by Binance Labs
28.9.2022
Bitquery recently concluded a funding round where it raised an investment worth $8.5 million. The funding round was led by Binance Labs along with Susquehanna, dao5, INCE Capital, DHVC, and angel investors from Google. Funds raised by Bitquery will be used to expand the venture’s data coverage...
UFC fighter El Ninja to become first argentinian athlete paid in crypto
27.9.2022
Beyond the Octagon, Guido Cannetti fights Argentina's 78% inflation rate with USDC stablecoin
Ethereum Price Prediction: Investors Waiting for ETH to Cross $1400
27.9.2022
Many investors speculated Ethereum would hit $2000 after the upgrade, but the recent ETH price movement suggests it will continue the downward momentum for the next few months. The latest CPI report and FED interest rate hike influence the price of cryptocurrencies. Indeed, the Merge upgrade makes...
Cardano bulls run out of steam after Vasil hard fork — 40% ADA price crash in play
26.9.2022
Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different
Hume Receives Massive Series-A funding of $11.7 Million
26.9.2022
Hume, which in actuality is a start-up Web3 entertainment platform, has been successful in procuring a massive amount of $11.7 million through Series A funding. This amount is to trigger their imminent plans and vision of effectively and properly transferring conventional forms of music right onto...
3 reasons why USDC stablecoin dropping below $50B market cap is Tether's gain
26.9.2022
The stablecoin's top-rival Tether has witnessed growth in its market cap, on the other hand
The biggest Bitcoin fund just hit a record -35% discount — A warning for BTC price?
24.9.2022
Institutional interest in Grayscale Bitcoin Trust continues to dwindle 10 months into the crypto bear market
This Bitcoin long-term holder metric is nearing the BTC price 'bottom zone'
22.9.2022
Bitcoin accumulation is in full swing during the downtrend despite BTC price having more room to drop
Donnie to Launch NFT Marketplace and Collection on $MOVR
22.9.2022
Donnie took to Twitter to announce its plans for launching the first NFT marketplace and generative NFT collection. The launch will be done on $MOVR. Users will be able to buy, sell, and/or trade their non-fungible tokens at Moonsama.com. A total of 500 unique non-fungible tokens will be launched...
Icebreaker and Maple Partner up to Launch $300M Capacity Pool
22.9.2022
Icebreaker recently announced establishing a partnership with Maple to release a 300 million dollar capacity pool. The pool will be used to offer secured debt financing to digital asset infrastructure and blue-chip BTC mining companies. Maple released a string of tweets to inform users about...
Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
22.9.2022
Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge
GMX Falls Concerning AVAX/USD Price Manipulation
22.9.2022
GMX, the popular decentralized derivatives exchange, recently faced a sudden 20% drop in value, falling below $40, concerning the price manipulation of AVAX/USD. Despite the crypto market facing issues overall, the factors accounting for GMX’s fall differ. Several analysts turned to Twitter...
Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%
21.9.2022
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC
Bitcoin 'nuke' warning as Fed rate hike decision looms — dollar index hits 20-year high
21.9.2022
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000
Smoothie Raises $1.2 Million to Develop a Web3 Product Search
21.9.2022
Smoothie recently announced raising over $1.2 million to build a product hunt for Web3. Matt Kim, Smoothie’s co-founder, tweeted about the funding to inform users worldwide. The Twitter thread by Matt Kim shed light on several important factors about the platform. As a discover-to-earn awards...
Wintermute Loses $160 Million to a DeFi Hack
21.9.2022
Wintermute, one of the biggest cryptocurrency market makers, recently lost over 160 million dollars to a DeFi hack. The details about the breach have not been released, but it has been confirmed to attack 90 assets. The company’s Chief Executive & Founder, Evgeny Gaevoy, discussed the breach...
USD/CAD Rises as the Canadian CPI experiences a Fall
21.9.2022
The USD/CAD pair has increased, and the CPI has shown a falling trend. The pair is currently at 1.3329, an increase of 0.59%. It is estimated that there could be a further rise if steps are not in place to control the rising inflation. Cold water to that fire is Canada’s report for August which...
Ethereum miners dump 30K ETH, stonewalling 'ultra sound money' deflation narrative
20.9.2022
Ethereum miners have sold over $40 million worth of ETH because of the Merge and plummeting revenue