HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller. As announced on Tuesday, Japanese NFT Platform HARTi and…
IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast
Bitcoin can still rise to seven figures within five years, PlanB claims, calling for investors to ignore short-term “noise.” Bitcoin (BTC) fell below $21,000 for the first time in eight…
Sentiment and inflation: Factors putting pressure on Bitcoin price
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark. Subsequently, there are fears that Bitcoin prices will take longer to…
Bitcoin’s ‘Kimchi Premium’ Under Scrutiny by S. Korean Authorities in Connection With Illegal Remittances
Summary: South Korean authorities have launched a probe into the Bitcoin ‘Kimchi Premium.’ The investigations cite that the Kimchi Premium was used to make profits that were transferred abroad through…
Total Stablecoin Supply Down By $35 Billion – Arcane Research
Summary: Stablecoin supply dropped by the end of the second quarter of 2022. Arcane Research data showed that the total supply was about $151 billion by Q2 of this year.…
Biggest Movers: SOL Slips to 12-Day Low, as NEAR Drops by Nearly 12% on Tuesday
Solana fell for a second consecutive session on Tuesday, pushing the token to its lowest level in twelve days. The move comes as sentiment in crypto markets turned bearish ahead…
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected.…
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for…
Coinbase Reportedly Facing SEC Probe for Listing Unregistered Securities
Coinbase, the U.S.-based cryptocurrency exchange, is reportedly facing a probe from the Securities and Exchange Commission (SEC) over the listing of several crypto assets on its platform. The investigation, according…
Thailand SEC collects data on losses suffered by Zipmex users
The Thailand Securities and Exchange Commission (SEC) has expressed concerns over the losses suffered by some users of the Zipmex exchange after the platform temporarily halted withdrawals and several other…
Binance Sues Local Bloomberg’s Local Partner For Defamation
Chief Executive Officer of Binance Changpeng Zhao has filed a lawsuit against Bloomberg’s Hong Kong partner Modern Media CL for defamation. The chief is suing over a translated Chinese language…
Solana said to be ‘more decentralized than people think,’ but there’s more
Unstoppable Finance argued that Solana’s validator count and Nakamoto coefficient are higher than other blockchains, making it more decentralized. Solana-based decentralized finance (DeFi) firm Unstoppable Finance has argued that Solana…
Texas a Bitcoin ‘hot spot’ even as heat waves affect crypto miners
Extreme heat won’t stop miners from setting up operations in Texas, but more sustainable practices may be required. Record-breaking heat waves are being documented across the world as extreme weather…
TikTok data policy debacle: Is user’s crypto at risk?
Could data security concerns raised over TikTok’s operations in America put cryptocurrency users’ coins at risk? TikTok continues to gather a head of steam, with the popular social media application…
Bitcoin mining to harness onsite natural gas emissions: Ark Invest
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions. Data from a recent Ark Invest report highlights another utility for Bitcoin (BTC)…