Not bothered: Miners ‘not impacted by volatility’ in Bitcoin market
In the face of extreme fear in the Bitcoin market, miners are unfazed and may even welcome a downturn as it opens up the opportunity to gain more hash power.…
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
In addition to buying Bitcoin, Nubank will offer BTC and ETH investment services to its more than 50 million customers. Nubank, the largest digital bank in Brazil and Latin America,…
This week’s whipsaw market movements test NFT traders’ resolve — What’s next?
NFT prices take a hit alongside the sharp correction in the crypto market and only time will tell whether the current downturn was a buying opportunity. It goes without question…
Bitcoin price reclaims $30K as Bitcoin Cash hits fresh record low against BTC
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle. Bitcoin (BTC) bounced back from ten-month lows on May 11…
Terra contagion leads to 80%+ decline in DeFi protocols associated with UST
Projects associated with Terra suffer losses of more than 80% as contagion spreads. Meanwhile, Maker (DAI) gets a boost as traders look for other decentralized stablecoin options. The knock-on effect…
Chairmen from the SEC and CFTC talk crypto regulation at ISDA meeting
Rostin Behnam and Gary Gensler make their positions clear in keynote addresses at the annual meeting of the ISDA with Sam Bankman-Fried in attendance. The annual meeting of the International…
5 state regulators allege organization is tied to Russia, scamming users using metaverse casino
“The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds,” said the regulators. Authorities in the U.S. states of Alabama, Kentucky,…
Bitcoin fights to hold $29K as fear of regulation and Terra’s UST implosion hit crypto hard
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000. Bitcoin (BTC) price initially bounced from its recent low at $29,000…
Brazil’s Biggest Bank Adds Bitcoin and Ethereum Trading For Users
Nubank unveiled support for cryptocurrency investment Users will be able to trade Bitcoin and Ethereum Paxos will power the service and offer blockchain-based facilities Brazil’s Senate recently voted in favor…
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-scale crypto…
Independent Russian News Site Meduza Raises Over $200,000 in Crypto
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed…
Biggest Movers: SOL, NEAR, and AVAX Drop More Than 20% Lower on Wednesday
Solana, NEAR and AVAX were all trading over 20% lower on Wednesday, as global crypto markets continued to fall on hump-day. The cryptocurrency market cap is currently down 6.35%, as…
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to…
5 Next Meme Coins to Explode May 2022
Meme coins have carved a niche for themselves in the crypto industry. These digital assets are known to be very susceptible to massive price swings, and daring investors love them…
ApeCoin is down 70%+ since the Otherside launch — Can Yuga Labs turn the ship around?
A botched minting process and the collapse of Otherdeed’s price have taken a toll on ApeCoin, leading investors to question APE’s future utility and value. a ApeCoin (APE), the new…