Bill Gates dismissed digital assets like cryptocurrency and NFTs as "100% based on greater fool theory” at a recent conference.
Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital asset market in what analysts say was akin to a traditional bank run.
Meme cryptos Shiba Inu and Dogecoin plunge too.
Cryptocurrencies are becoming mainstream day by day with retailers showing more interest in accepting them as payment options.
"NFTs saw explosive growth in 2021, but this growth hasn’t been consistent and has leveled off so far in 2022."
Binance, unlike other cryptocurrency companies, is seemingly taking advantage of the crypto winter.
Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.
Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals.
The crash in the price of the digital currency may have come as a surprise to Bitcoin bulls.
Musk's tweets are known to help prices of crypto assets surge or plummet.
A hedge fund manager that provides risk-adjusted returns, 3AC was established in 2012.
BlockFi, a crypto exchange and wallet, has been fined $943,396.22 by the Iowa Insurance Division for offering and selling securities in Iowa without being registered as a broker-dealer or agent.
MicroStrategy's CEO Michael Saylor might've landed the firm in trouble as its Bitcoin holding is already down by more than a billion dollars.
Institutional investors are gradually moving out of the crypto market as leading cryptocurrencies Bitcoin and Ethereum saw outflows of $57 million and $41 million. However, ADA, SOL, and XRP saw inflows this week.
The infamous collapse of Terra's algorithmic stablecoin UST and its native token LUNA still cast a shadow over Terraform Labs CEO Kwon even after the team introduced a new Terra blockchain and a new native token dubbed LUNA 2.0.
The Financial Industry Regulatory Authority plans to increase its resources to understand and monitor cryptocurrencies as more of the Wall Street watchdog's members trade digital assets, Chief Executive Officer Robert Cook said on Tuesday.
Coinbase's CEO Brian Armstrong announced the move as motivated by his firm's rapid growth during a bull market and concerns about a possible recession over the horizon.
Coinbase Global Inc will cut about 1,100 jobs, or 18% of its workforce, the cryptocurrency exchange said on Tuesday, the latest company preparing to ride out a downturn in the cryptosphere.
The results showed that “while the overall crypto market was quite bearish, managers remained extremely bullish on BTC."
Meme cryptos Shiba Inu and Dogecoin too plunge.
Last month, the UST and LUNA collapse wiped out some $40 billion in value from the cryptocurrency market.
The price of E-Stablecoin is pegged to the price of a kilowatt-hour of electricity–an impressive system that does not rely on a third party, an institution, or a payment system to function.
The survey by Bank of America noted that 39 percent of respondents said they used cryptocurrencies as a means of payment for online purchases.
The Shiba Inu community is hyped about the launch of Shibarium because of the several benefits it could bring to the table, including the possibility of delivering monster gains to investors.
Celsius was a major client of Lido Finance, a DeFi protocol that provided Ethereum staking.
JPMorgan Chase will tokenize traditional assets to enable institutions and developers to take advantage of the potential of non-crypto assets, said Tyrone Lobban, the head of Onyx Digital Assets, at the CoinDesk Consensus 2022.
With metaverse no longer just a buzzword, more companies are jumping on the bandwagon, offering unique features to attract investors.
FatManTerra's popularity on Twitter may have attracted the interest of scammers.
The lessons will take place in person and revolve around projects with a focus on the 3D world and interactions in the virtual universes
Meme cryptos Shiba Inu and Dogecoin plunge too.
