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Food Chain Giant Chipotle Shows That Bitcoin, Ethereum & Crypto Can Still Work in Marketing Despite Downturn
26.7.2022
The ongoing crypto price dip has caused some investors to lose their appetite, but American grill restaurant chain Chipotle has a plan on how to use crypto to promote its jalapeño-rich food. ...
Read More: Food Chain Giant Chipotle Shows That Bitcoin, Ethereum & Crypto Can Still Work in Marketing...
Bitcoin and Ethereum at Risk of More Losses, XRP, MATIC and SOL Down 4%-8%
26.7.2022
Bitcoin price settled below the USD 22,000 level. BTC is currently (11:44 UTC) struggling to stay above the USD 21,000 level. If the bears remain in action, there is a risk of a move towards the USD 20,000 support zone.
Similarly, most major altcoins are showing bearish signs. ETH could gain...
Tesla Reveals Its Bitcoin Holdings and BTC Sale Profit
26.7.2022
The electric car maker Tesla has revealed that it still holds digital assets worth approximately USD 222m, after saying last week that it had sold 75% of the bitcoin it held on its balance sheet. The company has posted a USD 64m gain on the sale.
The new details of Tesla’s latest bitcoin (BTC)...
Binance CEO Sues Bloomberg's Partner Over 'Shitcoin Casino' Article
26.7.2022
Changpeng 'CZ' Zhao, CEO of crypto exchange Binance, seems to be very unhappy with his portrayal by a major media outlet, as he is willing to go to court to fight against it. Zhao has sued the Hong Kong publisher of Bloomberg Businessweek after a Chinese language version of an article allegedly...
Coinbase Refutes Claims That it Lists Securities as SEC Kicks Off Investigation
26.7.2022
Major crypto exchange Coinbase has denied allegations that it lists securities on its platform after the US Securities and Exchange Commission (SEC) embarked on an investigation over the listing of digital assets that should have been registered as securities....
Read More: Coinbase Refutes Claims...
Bitcoin and Ethereum Erase Weekly Gains, Altcoins Increase Losses
26.7.2022
Bitcoin price extended losses below the USD 22,500 level and declined below USD 21,500. It is currently (03:58 UTC) trading just below USD 21,200 and is down over 3% in a day and 5% in a week.
Similarly, most major altcoins are moving lower. ETH traded below the USD 1,450 support level. XRP might...
US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be?
25.7.2022
The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move....
Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will...
Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News
25.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Tether & Bitfinex Enter New Project, Ex-Meta Team Raised USD 150M, Investor Eyes Zipmex, Crypto Donations + More News
Banking Giant Barclays to Invest in Crypto Firm Copper Amid Market Downturn
25.7.2022
Multinational banking giant Barclays reportedly aims to invest in crypto custody firm Copper despite the declining global appetite for risk-on assets like cryptoassets.
The UK-based bank is one of several new investors joining a funding round for Copper, Sky News reported Sunday, adding that...
FTX Proposal is a 'Low-ball Bid Dressed Up as a White Knight Rescue' - Voyager
25.7.2022
Crypto platform Voyager Digital argued that a joint offer proposed by crypto exchange FTX and linked trading firm Alameda is a “low-ball bid” that could disrupt the company’s bankruptcy process, to which FTX CEO Sam Bankman-Fried replied that the offer would provide Voyager customers with 100%...
Bitcoin and Ethereum Correct Gains, Altcoins Show Bearish Signs
25.7.2022
Bitcoin price started another decline after it failed to settle above the USD 23,000 zone. BTC corrected gains and traded below the USD 22,000 level. It is currently (04:09 UTC) trading near USD 21,900 and is down over 2% in a day and still up 5% in a week.
Similarly, most major altcoins have...
Grassroots Sports Body Accountancy Chief Says She Stole Public Funds to Pay for Bitcoin
22.7.2022
A South Korean local government official in charge of managing public funds for grassroots sports has admitted to embezzling over USD 367,000 worth of tax payers’ money – which she says she and her husband spent on crypto investments and internet gambling.
KBC reported that the police are...
3 Reasons Why 3 Arrows Capital Failed, Per Its Founders
22.7.2022
There were at least three major factors that lead to the collapse of the fund, according to the founders of Three Arrows Capital (3AC) Su Zhu and Kyle Davies.
After five weeks in hiding, stating that they’ve gotten death threats, the founders spoke to Bloomberg, which described the duo as...
Ethereum Outperforms Again, Bitcoin Eyes Key Upside Break, Altcoins in Green
22.7.2022
Bitcoin price remained well supported and moved above the USD 23,000 zone. BTC even climbed above the USD 23,400 level and is currently (10:20 UTC) up 2% in a day and 13% in a week.
Similarly, most major altcoins are showing signs of more gains. ETH surged almost 9% and was able to settle above...
Bitcoin and Ethereum Inch Higher, MATIC Regains Strength
22.7.2022
After extending its correction below USD 23,000, bitcoin managed to stay above the USD 22,500 support and moved higher again. It is currently (03:50 UTC) trading near USD 22,950 and is up almost 1% in a day and 12% in a week.
Similarly, most major altcoins are showing signs of a fresh increase....
Bitcoin Mining Difficulty Sees Its Biggest Fall in 12 Months
21.7.2022
Bitcoin (BTC) mining difficulty has just seen its largest drop in a year, helping miners increase their profitability during this harsh crypto winter.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, dropped by 5% today. This brought it down to 27.69 T...
Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
21.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ex-Coinbase Manager Charged With Insider Trading, Layoffs at Blockchain.Com, KuCoin Raises USD 10M + More News
Bitcoin Stumbles After a Marginal Recovery; What’s Next for BTC?
21.7.2022
Bitcoin has been considered the mirror for the performance and growth of the cryptocurrency industry as a whole which is with a little over $1000 billion. Despite its dominance to the tune of 3x the market capitalization of Ethereum during its peak cycle, BTC now remains just 2.4 times. The current...
European Central Bank Raises Rates for the First Time in 11 Years
21.7.2022
On Thursday, the European Central Bank (ECB) raised interest rates in the eurozone for the first time in 11 years, as high and rising inflation becomes central bankers’ primary concern.
The 50 basis points rate hike is higher than analysts had expected, and marks a departure from...
Did Tesla Make Profit on its Bitcoin Investment?
21.7.2022
The electric car maker Tesla sold off 75% of its bitcoin (BTC) holding for “a realized gain” in the second quarter, prompting speculations on how this investment went for the company. The sale is believed to have been made at a price of around USD 29,000, higher than the lows seen during...