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Did Tesla Make Profit on its Bitcoin Investment?


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...

XRP Fans Celebrate as Ripple Co-Founder Finally Dumps Remaining Tokens


Jed McCaleb, the co-founder and ex-Chief Technical Officer of fintech firm Ripple, appears to have finished his infamous dumping of XRP tokens in the market, with a wallet he controls now showing a balance of just XRP 47.7, or just over 17 US dollars. Per data from the blockchain explorer...

Following Terra’s Lehman Moment, What’s Next for the Market?


Adi Ben-Ari is the Founder and CEO of data security specialist Applied Blockchain.  __________ The collapse of TerraUSD and Luna in May, and the associated tailspin in the crypto market, have prompted observers from both within the decentralized finance (DeFi) space and externally to ask the...

What are Pools and Farms of DeFi Protocols?


Olga Ortega, the co-founder and CPO of the real-time DeFi explorer AnalytEx by HashEx._______ Currently, there are many decentralized protocols and their use cases, and not everyone is well-versed in the terminology of DeFi to start working with protocols right away. It requires a certain level...

Short Bitcoin ETF Sees Higher Trading Volume Last Week as Longs Liquidated


The recently-launched short Bitcoin (BTC) exchange-traded fund (ETF) BITI saw higher trading volumes last week compared to its launch week. The peak in volume so far happened as liquidations of leveraged bitcoin long positions reached its highest in close to two weeks.... Read More: Short Bitcoin...

5 Ways to Earn Sats in the Bitcoin Lightning Network Economy


The Lightning Network has reopened the opportunity for bitcoin (BTC) to be used in micropayments, enabling a range of bitcoin-centric business models that empower Internet users to earn sats.  Read on to discover five ways to earn bitcoin in the Lightning Network economy. One of the most...

OKX Lures More Institutions with New Trading Feature


Crypto exchange OKX is adding a new feature to make it easier for institutions to make large trades without risking price slippage. According to an announcement from OKX on Thursday, the new feature, known as OKX Block Trading, will allow large orders to be transacted “in bulk.” A bulk order is...

Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal


After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.” According to a new consultation...

MicroStrategy Is Back - Saylor Buys the Dip, Adds 480 Bitcoin for USD 10M


Michael Saylor’s company MicroStrategy has taken advantage of the currently low bitcoin (BTC) price by adding another BTC 480 to its coffers. The bitcoin purchase, worth around USD 10m, was made at an average price of USD 20,817 per coin, above the market price at the time of writing (12:20 UTC)...

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