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Report: Crypto Market Crash Wipes Millions of Dollars From North Korea’s Kitty of Stolen Cryptocurrencies
1.7.2022
The recent plunge in the value of cryptocurrencies may have wiped out millions from North Korea’s fund comprised of stolen crypto assets. The diminishing value of cryptocurrencies is believed to be affecting Pyongyang’s ability to fund its weapons programs. Stolen Crypto Assets...
Terra’s Crypto Tokens UST and Luna Classic Mysteriously Pumped This Week, UST Climbed by 470%
1.7.2022
After the downfall of the two most popular crypto assets on the Terra blockchain, the digital currencies terrausd (UST) and luna classic (LUNC) increased a great deal in value against the U.S. dollar in recent times. During the last seven days, LUNC has risen 96.3% and the once-stable coin UST...
Midas․Investments Wants to Bridge the Gap With CeDeFi Strategies
1.7.2022
PRESS RELEASE. Crypto investment platform Midas Investments has reported that it has created an infrastructure that is designed with built-in, automated tools and strategies that don’t require investors to master the nature of trade within the volatile decentralized finance market....
Bitcoin and Ethereum Trim Gains After Strong Jump, AR and AMP Rally
1.7.2022
Bitcoin tested the USD 18,800 support zone, where the bulls emerged and pushed the price above USD 20,500 before going lower again. BTC is currently (04:09 UTC) trading near USD 19,600 and is still down 3% in a day and almost 5% in a week....
Read More: Bitcoin and Ethereum Trim Gains After Strong...
Worst quarter in 11 years as Bitcoin price and activity plunges
1.7.2022
Quarterly returns on Bitcoin haven’t been this bad since it was trading under $20 in the early days of Mt. Gox, but the stock market isn’t faring so hot either
How Foresight Ventures Is Approaching Investments in the Current Market Environment
1.7.2022
The Foresight Ventures founding and partnership team includes veterans of some of the top financial and technology firms dedicated to sourcing and supporting the next generation of disruptive innovations across Web3. They believe the future is multi-chain and thus the chains that find product...
Market Wrap: Bitcoin Heads for Record Half-Year Loss of 59%
30.6.2022
BTC slips below $19K in fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer-spending slowdown stokes fresh recession concerns
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies
30.6.2022
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...
Bitcoin Below USD 20K, Ethereum Near USD 1K, Altcoins Dive
30.6.2022
Bitcoin price gained bearish momentum below the USD 20,000 support zone. BTC even declined 5% and traded below USD 19,500. It is currently (11:20 UTC) trading near USD 19,000 and is also down 4% in a week.
Similarly, most major altcoins are down over 5%. ETH traded below the USD 1,050 and...
JPMorgan Says Crypto Market Deleveraging Cycle Won’t Be Lengthy
30.6.2022
Stronger crypto companies are stepping in to help contain contagion and venture capital funding is still healthy, the bank said
Bitcoin Nears USD 19K, Ethereum Tests USD 1,000 as 'Final Washout' in Cards Before Rebound
30.6.2022
The price of bitcoin (BTC) on Thursday tested support around the USD 19,000 level after trimming some losses from early trading in Europe, while ethereum (ETH) fell to the important psychological level around USD 1,000.
As of 10:55 UTC, BTC was trading at just over the USD 19,000 mark, after...
More Crypto Meltdowns Could Be Seen This Summer, but the Worst Is Behind Us - Pantera's Morehead
30.6.2022
The crypto market will probably see “a few more” meltdowns similar to what happened with the Terra (LUNA) ecosystem and crypto hedge fund Three Arrows Capital, argues Pantera Capital CEO Dan Morehead. However, according to him, the majority of the contagion from current meltdowns has already been...
Bitcoin and Ethereum at Make-or-Break Levels, DOGE Outperforms
30.6.2022
Bitcoin price followed a bearish path below the USD 21,000 level. BTC extended losses and settled below the USD 20,500 level. It is currently (04:09 UTC) consolidating near USD 20,100 and is down 1% in a day and is almost unchanged in a week.
Similarly, most major altcoins are trading in a bearish...
Bitcoin clings to $20K as analysts warn of a long, bumpy ride for the foreseeable future
30.6.2022
BTC price briefly fell below $20,000 and traders warn that the all-important support level could eventually crumble after enduring an increasing number of retests
Despite the Bear Market, a Salvadoran Wants to Build a USD 200M Power Plant to Mine Bitcoin
30.6.2022
A wealthy expat Salvadoran is set to fund a USD 200m solar-powered Bitcoin (BTC) mining facility – and appears to have the backing of the government.
Per ElSalvador.com, the website of the newspaper El Diario de Hoy, Milena Mayorga, El Salvador’s Ambassador to the United States, has spoken about...
Microstrategy Buys More Bitcoin After SEC Says BTC Is a Commodity — Company Now Hodls 129,699 Bitcoins
30.6.2022
Microstrategy has purchased more bitcoin amid a heavy market sell-off. The announcement followed a clarification by the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, stating that bitcoin is a commodity. Microstrategy Buys the Dip The Nasdaq-listed software company...
Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops Fourth Straight Day
29.6.2022
Bitcoin (BTC) was sliding toward $20,000 on Wednesday, and the Bankless newsletter is offering traders mental health tips for surviving crypto winter
Young Web3 Believers Unfazed by Battered Crypto Market
29.6.2022
Students and recent graduates are undaunted in their plans to launch their careers in crypto, despite reports of layoffs and price volatility
Biggest Movers: AVAX, SOL Slip by 14% on Wednesday, as Prices Near 1-Week Low
29.6.2022
SOL was down by as much as 14% on Wednesday, as prices fell close to a one-week low earlier today. In addition to this, AVAX saw a similar decline, as the token dropped for a fourth consecutive session, with prices moving below $20. Solana (SOL) SOL was lower in today’s session, as prices...
MicroStrategy scoops up 480 Bitcoin amid market slump
29.6.2022
The business intelligence firm has now amassed 129,699 BTC at an average price of $30,644, according to CEO Michael Saylor