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Crypto Bottom is In and ‘Massive Rally’ Awaits, Pantera Capital Predicts


  After a 50% decline from the top, the bear market in bitcoin (BTC) and crypto more broadly is probably over for now, and a new “massive rally” is likely to happen within the next year, crypto hedge fund Pantera Capital’s CEO Dan Morehead has said. Morehead wrote in his latest newsletter...

US Senator Suggests Banning Fed From Issuing a Direct-to-Consumer CBDC


  US Senator Ted Cruz has introduced companion legislation to a January 2022 bill drafted by Representative Tom Emmer, which prohibits the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC) directly to individuals. The legislation bans the Fed from developing...

Crypto Pyramid Busted in Russia, Losses Exceed $10 Million


Russian law enforcement agencies have gone after the organizers of a large crypto pyramid which has been promising extraordinarily high returns. The Ponzi scheme is being unraveled after a similar project defrauded thousands of investors in Russia, the region, and far beyond. Police Find Crypto...

NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior


After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume,...

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