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Coinbase Reduces the Size of the Firm’s Workforce by 18%
14.6.2022
Amid the crypto market carnage, the digital currency exchange Coinbase revealed it has decided to lay off 18% of its workforce. The announcement follows the company’s original plans to slow the hiring process and the firm rescinding a number of employment offers. Coinbase ‘Grew...
JPMorgan Cuts Coinbase to Neutral With $68 Price Target; Shares Slump
14.6.2022
It will be challenging for the exchange to generate a profit in the near future, the bank’s analysts said
Binance Shares What Caused Backlog on Bitcoin Network, Resumes BTC Withdrawals
14.6.2022
Major crypto exchange Binance has shared that they had been repairing "minor hardware failures" yesterday, which resulted in "a stuck transaction", which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours....
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Crypto winter survival guide: Community shares game plan for the bear market
13.6.2022
From dollar-cost averaging to managing your risk tolerance, community members share their advice on what to do during a bear market
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’
13.6.2022
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while...
Benchmark Sees Canaan as Indirect Investment in Bitcoin; Shares Gain
8.6.2022
The broker initiated coverage of the mining-equipment business with a buy rating and $9 price target
CertiK shares security tips following third BAYC security compromise in six months
6.6.2022
According to CertiK, investors should be highly skeptical of free NFT giveaways, as well as small peculiarities in sites they interact with
Tether’s reported bank partner Capital Union shares its crypto strategy
1.6.2022
Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services
Justin Sun Shares Opinions on the Prospects of Web3 And Decentralization
27.5.2022
In a trailer for a documentary, Justin Sun shared the details of how cryptocurrency could become an essential financial infrastructure across the globe. Justin Sun, the founder of Tron, predicted that the future holds a lot of possibilities for Web3 and Decentralization. A few statistics were...
Nvidia shares plunge after Q1 figures, crypto mining card revenue 'nominal'
26.5.2022
Graphics card giant Nvidia reported "nominal" sales of its crypto mining chips and expects overall revenues to be down in Q2, which drove down its share price
GameStop Unveils Crypto and NFT Wallet, Shares up 3%
23.5.2022
Video game retailer GameStop has unveiled a digital asset wallet for storing, sending and receiving crypto and non-fungible tokens (NFTs) ahead of the launch of its NFT marketplace later this year
Binance CEO Shares Lessons Learned From Terra Fall, Says He is 'Pleased by the Crypto Industry Resilience'
23.5.2022
Addressing the historic fall of the Terra (LUNA) ecosystem, major crypto exchange Binance CEO Changpeng Zhao (CZ) said that he is "pleased by the resilience the crypto industry has shown." However, he also shared some lessons that the industry should learn from the Terra fallout.
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Do Kwon shares LUNA burn address but warns 'LUNAtics' against using it
23.5.2022
Upon a persistent request from the Terra community, Kwon went against his initial plan and publicly shared a burn address for LUNA on May 21
FTX US Launches Zero-Commission Equities Trading Platform
19.5.2022
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give U.S.-based customers the ability to purchase stocks and exchange-traded funds (ETFs). The launch is currently in a private beta phase for select U.S. customers and equities can...
Saudi Arabia Now Owns 5% Of Nintendo
18.5.2022
Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.Read more
Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC
16.5.2022
Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin and has not sold any despite the recent crypto sell-off. He insisted that investors should put some of their liquid net worth in the cryptocurrency. Bill Miller Shares His Bitcoin Outlook Famed value...
Crypto Stories: YouTuber CryptoWendyO shares how her healthcare skills helped with crypto trading
13.5.2022
Crypto-friendly content creator CryptoWendyO talks about how Bitcoin changed her life for the better, making her a successful influencer
Bitcoin gains superior to stocks in the long term, economist says
13.5.2022
Crypto is more volatile than stocks and thus is associated with higher risks, but it also offers better return opportunities, industry executives agree
Elon Musk Puts Twitter Take Over on Hold, Twitter Shares Tank
13.5.2022
Tesla CEO Elon Musk has stated that the $54.20-a-share deal to takeover Twitter is on hold, due to media reports around spam bots
Robinhood shares spike 30% after Sam Bankman-Fried buys $650M stake
13.5.2022
Shares in the popular online brokerage Robinhood have spiked over 30% in after hours trading following billionaire Sam Bankman-Fried acquiring a 7.6% stake in the company