BitMEX Co-Founder Expects ‘crypto carnage’ in Q2 2022

One co-founder of Crypto derivatives exchange BitMEX has issued a dire warning for Bitcoin, Ethereum and other cryptoassets.   Arthur Hayes, Co-Founder and former CEO of BitMEX, argued in a recent blog post that cryptoassets and the traditional financial markets are heading towards a major price crash.  According to Hayes, the […]

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Luna Foundation’s Treasury Nears 40,000 Bitcoin ($BTC)

The Luna Foundation Guard (LFG) a non-profit mandated to build reserves for Terra’s algorithmic stablecoin UST, has added around $173 million worth of the flagship cryptocurrency Bitcoin ($BTC) to its holdings over the weekend through a series of purchases. The Luna Foundation Guard, as CoinDesk reports, how has around 39,897.98 BTC […]

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ApeCoin $APE Trading Volume Triggers Spike in ETH Gas Prices

Ethereum gas prices have soared as the ApeCoin token recorded staggering transaction and withdrawal volumes on popular decentralized exchange Uniswap. The governance token inspired by the highly-rated NFT collection Bored Apes Yacht Club has also experienced significant activity of crypto platforms like FTX. Due to massive surges in the trading […]

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