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Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption
22.7.2022
In an interview with Cointelegraph, the hereditary prince nuanced his views on Bitcoin adoption in the middle east and shed light on Bitcoin in Serbia
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...
Gnox (GNOX) Leads the Pack After 60+% Gain With Bitcoin (BTC) And Ethereum (ETH) Struggling To Keep Up
22.7.2022
Gnox has increased by 60% despite Bitcoin and Ethereum dropping and the rest of the market falling along with them. Many investors are perplexed about how this new protocol has performed so well in the current market environment. BTC and ETH are Finding it Difficult to Keep Up Today, investors...
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’s Mining Difficulty Slides 5% Dropping to Levels Not Seen Since March
22.7.2022
On July 21, 2022, at 2:14 p.m. (ET) at block height 745,920, Bitcoin’s mining difficulty dropped by 5.01% outpacing the last two epoch changes. The latest downward shift makes it 5% easier to find blocks than it was during the past two weeks, and roughly 8.77% easier since June...
Bitcoin traders eye levels to hold as ‘decision time’ looms for BTC price
22.7.2022
Levels immediately below the current $23,000 need to hold at the weekly close for Bitcoin bulls to breathe easy, commentators warn
Saudi Chemicals Producer SABIC Launches Blockchain Pilot Project
22.7.2022
A Saudi Arabia-based chemical manufacturer has said its recently launched blockchain pilot is expected to uncover the possibilities of the technology “in supporting end-to-end digital traceability of circular feedstock in customer products.” The benefits expected to accrue from using...
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....
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
22.7.2022
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones...
Coinbase Confirms ‘No Financing Exposure’ to Bankrupt Crypto Firms Celsius, Voyager, Three Arrows Capital
22.7.2022
Crypto exchange Coinbase has confirmed that the company “had no financing exposure” to bankrupt firms, including Celsius Network, Voyager Digital, and Three Arrows Capital (3AC). “The issues here were foreseeable and actually credit-specific, not crypto-specific...
First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading
22.7.2022
The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset
Rich Dad Poor Dad’s Robert Kiyosaki Warns Inflation May Lead to Greater Depression
22.7.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the current inflation may lead to a “Greater Depression.” He added that real estate is crashing and foreclosures are up 700% from last year. Robert Kiyosaki’s Depression Warnings...
Lessons From the Meltdown: a Value Approach to Token Valuation
22.7.2022
Sebastien Laye is a French-American crypto-economist and entrepreneur in the financial services and real estate sector.
__________...
Read More: Lessons From the Meltdown: a Value Approach to Token Valuation
Another 3 BTC Jackpot Won at Bitcoin.com Games, Over 15 Players 10x Their Deposits Just This Month
22.7.2022
A lucky player wins a 3 bitcoin jackpot on a newly released live casino game at Bitcoin.com’s crypto casino. Over 15 Players Make More on Casino Games Than They Would on The Market A Rewarding Month for Casino Players The month of July has turned out to be extremely lucky for those...
Bitcoin Miner Core Scientific Gets $100M Equity Financing Despite Bear Market
22.7.2022
The miner has the right but no obligation to sell the shares to investment bank B Riley
Report: Blockchain.com Cuts Staff by 25%, Executive Salaries Reduced
21.7.2022
According to a recent report, Blockchain.com has laid off a quarter of the company’s staff and it has closed the crypto company’s Argentina-based offices as well. The layoffs follow the report that noted Blockchain.com lost $270 million due to exposure to Three Arrows Capital (3AC)....
Mercado Bitcoin plans to expand to Mexico
21.7.2022
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country
Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price
21.7.2022
Bitcoin investors are back in positive territory, although trading ranges have narrowed
What Tesla’s Big Bitcoin Sale Means for Other Firms Putting Crypto on Their Balance Sheets
21.7.2022
Corporations are likely to remain cautious on adding bitcoin to their corporate treasuries, but not because of Tesla’s move
Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies
21.7.2022
Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using...