Solana Drops more than 50% of its Value with the Bankruptcy of FTX
According to Laguna Labs CEO Stefan Rust, the Solana (SOL) ecosystem was struck harder than other major digital currencies like as Bitcoin and Ethereum, after...
Tag : bitcoin
Crypto.com’s Native Token, with Bitcoin and Ethereum, Drops as the FTX Crash
Cronos, Crypto.com’s native token, fell to a 22-month low on Monday amid increased scrutiny of centralised exchanges after the bankruptcy of big player FTX earlier...
Binance Will Not Acquire FTX
In a recent development, Binance has publicly confirmed that it would no longer pursue the FTX takeover. This follows the Binance team’s due diligence on...
Bitcoin Yet Again Crashes Below $20,000
Bitcoin’s price has dropped below the critical $20,000 level in the last several hours. The fall happened about 12:00 p.m. EST, and it raised questions...
The US Attorney’s Office seizes billions of dollars in Bitcoin linked to Silk Road
The Department of Justice (DOJ) said on Monday that more than $3.36 billion in Bitcoin was linked to the dark web marketplace Silk Road. Using...
Tim Draper still calling for Bitcoin to 250k by the End of the Year
Famous venture investor and cryptocurrency enthusiast Tim Draper recently showed up at Web Summit, an annual technology conference hosted in Portugal. He forecasted in the...
Bitcoin Price Analysis
Bitcoin price analysis suggests no indications of recovery in the last 24 hours, with the price dropping further to continue the downturn that began on...
Cryptocurrency Market is bullish as Bitcoin Rises in response to the Fed Rate decision
On Wednesday, the Federal Reserve of the United States announced a rate increase of 75 basis points. The Federal Reserve Board has now raised interest...
MicroStrategy’s Revenue for the Third Quarter Fell Short of its Estimates
MicroStrategy reported an impairment loss relating to its bitcoin assets of just $700,000 for the third quarter, falling barely short of analysts’ estimates. SeekingAlpha shows...
Hong Kong Details New Crypto Futures ETF Rules for Issuers
The Hong Kong regulator has outlined the fundamental standards that exchange-traded fund managers must achieve in order to sell cryptocurrency products in the city. Hong...