After Terraform Lab’s Terra (LUNA) collapsed along with its stablecoin USTD de-pegging against the US dollar in May, the founder Do Kwon has been facing investigations for the cause of the collapse. The South Korean investigative officers are trying their best to know the reason for the Terra network collapse. It was just yesterday, September...Read More
Burry is best known for predicting and profiting from the collapse of the housing bubble, inadvertently paving the way for the meme-stock boom by investing in GameStop, and betting against Elon Musk’s Tesla and Cathie Wood’s flagship Ark fund last year. His prediction of the 2008 housing market collapse became the subject of the book...Read More
The history of the crypto markets over the past 12 years is being examined by a well-known analyst to predict how this month’s performance of digital assets is likely to pan out. Popular cryptocurrency trader Benjamin Cowen informs his 766,000 YouTube subscribers in a new video update that Bitcoin (BTC) has seen bloodshed in nine...Read More
It’s official now! The commission-free investment app Robinhood has now listed Cardano (ADA0 along with a few other cryptocurrencies after a huge demand. ADA holders can now buy and sell their Cardano holdings without any additional commission or fees. At the moment, Cardano, the eighth largest cryptocurrency by market cap is trading at $0.44 with...Read More
Elon Musk, the CEO of Tesla, has filed additional paperwork terminating his agreement to buy Twitter. It was based on the information in the whistleblower complaint filed by the former head of security at Twitter. Peiter Zatko, the former head of security at Twitter – also known by his hacker handle “Mudge” – had revealed...Read More
As the first program to launch under the all-new Creator Meta Labs label, Meta Hero Project brings advanced NFT customization, unique capabilities, and digital identity features to users in Aftermath Islands’ virtual worlds Innovation, limited-edition NFTs, immersive content, high entertainment value, and realistic play-to-earn capabilities are some of the most important drivers of user engagement...Read More
2022 has not been a great year for cryptocurrency exchanges and firms. Approximately 10 crypto firms have suspended withdrawals since the beginning of the year, and several have had to file for bankruptcy protection. The crypto market has been recording huge capital outflows which further eroded the enormous gains made over the past weeks. Witnessing...Read More
It’s been a while that Terra (LUNA) investors and traders who lost their money have been waiting for some genuine response from Do Kwon, Terra founder. The collapse witnessed Terra USD lose its peg against USD and Terra’s LUNA plunged to zero. Recently, the South Korean crypto exchanges Upbit and Korbit had promised to support...Read More
Popular crypto Analyst, anonymously known as InvestAnswers, took to his Youtube Channel to break down the possibility of a Bitcoin explosion to $773,000 with the recent partnership between Coinbase and BlackRock. The Coinbase-BlackRock Deal Last week, U.S based crypto titan Coinbase announced its collaboration with the biggest asset manager in the world – BlackRock, to...Read More
The crypto market has opened the month of August on a bullish note and now all the major cryptocurrencies are flashing green. Along with Bitcoin, Ethereum price too has gained its crucial price level. Meanwhile Michael van de poppe expresses his bullish stance on Ethereum during his recent technical analysis session. As per the analyst,...Read More
After the US GDP was released on July 28th, it was learnt that the GDP had fallen around -0.9%. Yet, the US officials had claimed that there is no recession. Meanwhile, BCA Reserache’s Chief Global Strategist, Peter Berezin has disclosed a few recession proof assets where he is of the opinion that this will help...Read More
Since May, 2022, after Terra (LUNA) collapse, the crypto market is not in that good condition with an increase in negative news around the space. Even now, the overall crypto market sentiment is not positive with the increased price volatility along with declining interest in terms of Crypto derivatives. As per the report, in the...Read More
The crypto market has begun a recovery period in the past two weeks. However, today the market yet again bled as cryptocurrencies started to plunge. However, major cryptocurrencies like Bitcoin, and Ethereum, among others, are still profitable and trading above their crucial price levels. On the other hand, the analytic firm, Santiment, claims that although...Read More
As per reports, the Federal Reserve is expected to raise the interest rates in its upcoming meeting scheduled on July 26-27. If it raises the rates by 0.75%, it will be the third rate hike this year and won’t be the last either, as more as planned for the months ahead. These measures by the...Read More
When the data of Bitcoin mining difficulty is considered, there is a drastic drop from July 2021. As per the data, yesterday, on July 22, the Bitcoin mining difficulty has seen a drop of nearly 5%. This significant drop has in turn reduced the competition between miners for rewards. The same percentage of decline was...Read More
It appears like the wider cryptocurrency market will close the weekend on a bullish note as the global crypto market is up by 2.15% position at $1.05 trillion. The overall crypto market is flagged green as the leading cryptocurrency, Bitcoin has reclaimed its $23,000 range. Even Ethereum, the second largest cryptocurrency by market cap, has...Read More
Sam Bankman Fried, CEO of FTX, went into great detail on what he sees as the next major risk. The largest issue facing the globe and its economy, in SBF’s opinion, is how we will respond to the next pandemic. The Covid-19 pandemic, in the opinion of SBF, does not represent the worst-case scenario of...Read More
The long-time battle between Ripple and SEC is just a few days away from summary judgment. Everyone in the crypto space are eagerly waiting to see that the lawsuit finds an end. As per Crypto-Law.US founder, John Deaton, the crypto community is of the opinion that the Ripple will not settle anytime soon. I see...Read More
The prolonged crypto winter has implanted an extreme fear in almost every tool that indicates the sentiments of markets. Nevertheless, though the uncertainty is hovering around the crypto space, a few of the market participants are optimistic in terms of the opportunities that can come in. As per Alex Tapscott, Ninepoint Digital Asset Group’s MD,...Read More
A blockchain’s computational power is widely acknowledged to be its major advantage. In a sense, it prompts market participants to take advantage of the network and look for profitable possibilities. Scalable blockchains that can support more transactions have seen tremendous expansion. The exceptions are Bitcoin and Ethereum, both of which are frontrunners. However, Ripple has...Read More
The Terra (LUNA) crash was one of the decisive moments for the whole crypto space where the stability of stablecoins and the whole crypto market were questioned. In just one week, the crash washed-out $40 billion of investor’s money. However, very soon after the Terra crackdown, Polygon found an opportunity and approached Terra for help....Read More
Texas and Alabama securities regulators are expanding their inquiries into Voyager and Celsius. Voyager’s disclosure of the manner in which it used customer funds is currently being looked into by the Texas State Securities Board. Earlier inquiries by the same regulators, however, were primarily concerned with each company’s choice to halt withdrawals. According to a...Read More
Stephen Ehrlich, the CEO of cryptocurrency lender Voyager Digital, announced today, July 6th, that the business has started a “voluntary monetary reorganization” procedure in order to safeguard investments, increase shareholders and client’s portfolios, and evolve victoriously. Due to $660 million debt by The Three Arrows Capital, the company was pushed to file for Chapter 11...Read More
This year, the majority of the crypto community had hoped for the Securities and Exchange Commission to have a more lenient approach as far as Bitcoin ETFs are concerned. That came after several companies applied for the same at the beginning of the year. Among them included Valkyrie, VanEck, Grayscale, Teucrium, and Global X, among...Read More
While cryptocurrency markets continue to trade sideways as Bitcoin holds $19k and Ethereum remains above the $1k level, one Metaverse crypto coin, CEEK VR, is showing significant bullish momentum of upwards of 20% in the past 24 hours. It’s no secret that Metaverse and NFT projects remain one of the most popular niches in cryptocurrency,...Read More
The Shiba Inu altcoin, created after Dogecoin, has seen a 35% recent rise in network activity. According to a cryptocurrency exchange aggregator, Shiba Inu is the least affected asset in the world by the current market crash. Unlike other cryptocurrencies, it was able to survive the crash and still trade in the green zone. Despite...Read More
Cryptocurrency markets continue to trade sideways this Saturday as the global crypto market capitalization remains above $868 billion while Bitcoin trades above $19k and Ethereum manages to stay above $1k. Major stocks rallied during the first day of the year’s second half, ahead of a long July 4th weekend, spelling some good news for global...Read More
Colin Wu a chinese journalist, reported news about Li LIn, a founder of Huobi . He reported through his tweet that Li Lin was willing to sell his share at Huobi company. Huobi is among the top crypto industries in the world. The company has been doing good and its among the most used exchanges...Read More
After a bearish week, the global cryptocurrency market continues to trade sideways today, sending Bitcoin below the $20k level and Ethereum below $1.1k. Stocks are having one of their worst years, with Tech Stocks showing significant bearish momentum in 2022. The good news is that the selloff has subsided this Friday as BTC remains above...Read More
The cryptocurrency market operator and financing company Genesis Trading is hit by serious liabilities in the “hundreds of millions.” The damages at Genesis are “only several hundred million dollars,” according to one of the persons, and these are related to connections to over-leveraged fund manager Three Arrows Capital and Hong Kong crypto financier Babel Finance....Read More
