Bitcoin Could Drop To $13,000, Says Analyst Who Predicted 2018 Crypto Winter
Peter L Brandt predicted a huge crash in the price of the world's biggest cryptocurrency, saying that BTC is following a "Drano" chart pattern.
1989 Ferrari 640 Sold Using Stablecoin Himalaya Dollar (HDO)
The first Ferrari F1 car equipped with a semi-automatic gearbox, the 1989 Ferrari 640, has been sold using the Himalaya Dollar (HDO), a stablecoin belonging to the Himalaya Exchange.
3AC Co-Founder Su Zhu Is "Committed To Working This Out" Amid Insolvency Rumors
A hedge fund manager that provides risk-adjusted returns, 3AC was established in 2012.
BlockFi Fined Almost $1 Million By Iowa Regulators
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.
Michael Saylor's Billion-Dollar Bet On Bitcoin Might Put MicroStrategy In Trouble
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 Put Their Bets On These Altcoins As Crypto Market Goes Under $1 Trillion
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 Celsius Liquidity Crisis And Its Lido Connection: What We Know
Celsius was a major client of Lido Finance, a DeFi protocol that provided Ethereum staking.
JPMorgan Plans To Tokenize Traditional Financial Assets
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.
Tron's USDD Collateral Ratio Could Be Hiding Another Stablecoin Collapse
Tron announced the USDD coin in late April, and as per calculations, it seems that the advertised collateralization of around 188% is technically not correct.
Celsius Pauses Withdrawals As CEL Token Drops Nearly 40%: Here's What We know
Celsius has ceased withdrawals initiating a large-scale sell-off for the CEL token. Crypto Twitter believes that the CEO of the firm, Alex Mashinsky, has cashed out.
What Is The $OP Token? Understanding Optimism's Governance Token
The Ethereum Layer 2 solution introduced the OP token after setting up the new governance system called the Optimism Collective.
Fidelity CEO Sees Opportunity In Crypto Winter; Grayscale More Confident On BTC ETF Than Ever
“I figure this is my third crypto winter. There’s been plenty of ups and downs but I see that as an opportunity,” Fidelity Investments CEO Abigail Johnson said Thursday.
Grayscale Hires Donald B. Verrilli Jr. To Legal Team To Take The Fight To SEC
Grayscale Investments has hired Donald B. Verrilli Jr. as an addition to its legal team as the deadline for the decision of the conversion of GBTC to Bitcoin ETF is approaching.
Citadel Securities Partners With Virtu Financial To Build Crypto Trading Marketplace
Citadel Securities, the sister company of Citadel, is partnering with Virtu Financial, Sequoia Capital, Paradigm, and other major firms to develop and launch a "cryptocurrency trading ecosystem."
Solana To Focus On South Korean Web3 Startups With Launch Of $100M Fund
Solana Ventures and Solana Foundation have confirmed the launch of a 100 million investment and grant fund to focus on Web 3.0 startups in South Korea.
Kevin Lynch's Iconic Kobe Bryant Photos Will Inspire A New NFT Series
Kevin Lynch is set to enter the NFT industry by launching his first collection, which will focus on the images of the late Kobe Bryant that were captured by the photographer.
Bitcoin's 4-Year Simple Moving Average: What Is It, And Why Is Michael Saylor Plugging It
The MicroStrategy CEO remains a staunch believer in Bitcoin despite the bearish momentum that the token has been following
Richie Hawtin's PIXELYNX Team Partners With Hadean To Build Music Metaverse Game
Venture capital-backed Hadean will help scale music metaverse ELYNXIR
PayPal Aims To Boost App Usage: Will Allow Customers To Transfer Certain Cryptocurrencies
PayPal aims to boost the usage of its app and will now allow selected users in the United States to transfer crypto using their accounts to other users or other exchanges and wallets.
Crypto On June 8: Market Once Again Green; ADA, LINK Take Lead
The crypto market is green Wednesday with Bitcoin and Ether forming bullish daily candles while Cardano and Chainlink were the biggest risers of the day.
Binance Enters Into A Strategic Cooperation With Vietnam Blockchain Association
The partnership will promote the development of blockchain technology in Vietnam and expand interests around the world, allowing local crypto firms to strike partnership deals on a global scale.
Bitcoin Will Reach $100K By 2025, Bloomberg Analyst Predicts
Mike McGlone said that once the current bear market in risky assets subsides and valuations recover again, cryptocurrencies will outperform all other asset classes, with Bitcoin (BTC) outperforming the entire crypto space.
IRA Financial Trust Sues Gemini Over February Theft Of Crypto Assets
Officers had reportedly responded to reports of a theft at IRA's office on Feb. 8, but the real theft was taking place in cyber space.
Hong Kong Regulator Warns Investors About Risks Associated With NFTs
The Securities and Futures Commission said there are cases where NFTs have "crossed the boundary between a collectible and a financial asset."
Stepn Says Services Crippled By DDOS Attacks, Tells Users To 'Take Some Rest'
Stepn has suffered multiple designated denial of service (DDOS) attacks this weekend and the network has been facing congestion issues as well. Developers are working to restore the "Web 3.0 app."
India's Central Bank Says CBDCs Can 'Kill' Any Case That Exists For Cryptocurrencies
T Rabi Sankar, said that the launch of CBDCs will erase the existing usage of cryptocurrencies.
Ark Invest's Cathie Wood Predicts Bitcoin Price Will Soar, Citing On-Chain Data
Cathie Wood said the bottom for Bitcoin is right around the corner and the on-chain metrics for the coin are now turning bullish.
Bored Ape Discord Compromised Once Again: Creator Points Out Poor Security
The Discord groups of BAYC, MAYC and Otherside were attacked after the Discord account of Boris Vagner, community and social manager for Yuga Labs, was hacked and used to promote phishing links in the groups.
Biden Administration To Release Study On Bitcoin Mining, Wants Miners To Cut Down Their Carbon Footprint
The Biden administration has formed a team to look into the pros and cons of Bitcoin mining and also, dig deeper into the process to help reduce its carbon footprint.
Gemini Cuts 10% Of Staff; Winklevoss Twins Say 'Crypto Winter' Has Come
In a blog post, Gemini co-founders Cameron and Tyler Winklevoss said the exchange has let go of 10% of its staff. They also said the "crypto winter" has come.
