On Saturday (July 23), Vivek Raman, Head of Proof of Stake (PoS) at digital asset FinTech firm BitOoda, explained why $ETH will flip $BTC. BitOoda, which was founded in New York in 2017, was “created to deliver transparency and accelerate the global adoption of transformational technologies by promoting efficient marketplaces […]
A new luxury residential development being built in Belgrano, a prestigious neighbourhood in Argentina’s Capital Buenos Aires, calls itself a “crypto building” since a Bitcoin mining farm installed in the basement will help the owners with paying the building’s expenses. Newlink Capital, the developer behind “Next Pampa 2.0“, says that […]
Cryptocurrencies remained firm and recovered a part of its losses in the previous session despite the ECB raising benchmark rates more than expected. The ECB’s 50 basis point rate hike after 11 years has lifted the key rates to zero percent, from the negative interest rate policy in force earlier. […]
Chinese entrepreneur Justin Sun, who founded TRON Foundation (which is behind the TRX token) has said that Tesla selling 75% of its Bitcoin ($BTC) holdings is actually “great news” for a number of reasons. In a tweet Sun shared with his over 3 million followers on the microblogging platform Twitter, TRON’s […]
Summary: The US Attorney’s Office of the Southern District of New York has charged a former Coinbase employee with insider trading. The Coinbase employee allegedly tipped off his brother and friend on new crypto listings on Coinbase’s exchanges. He is being charged alongside his brother and friend. A former Coinbase […]
Tesla has sold 75% of its bitcoins in a move that has triggered market hysteria. The sale was seemingly made to prevent a negative cash flow this quarter. Since the sale announcement, BTC’s price has held steady above $20k Barely 18 months after Tesla splurged over $1 billion on Bitcoin, […]
On Wednesday (July 20), Tesla CEO Elon Musk — who is the world’s richest person (with an estimated net worth of $235.8 billion as of 20 July 2021) according to Forbes — explained why his company decided to sell most of its crypto holdings in Q2 2022. As you may […]
The Federal Bureau of Investigation’s Cyber Division has warned financial institutions and investors in the U.S. about cyber criminals creating fraudulent cryptocurrency investment applications (apps) to defraud cryptocurrency investors. In a private Industry Notification, the FBI said it has observed cyber criminals contacting US investors, fraudulently claiming to offer legitimate […]
The U.S. Food and Drug Administration is evaluating its activities related to food and tobacco to strengthen operations for better public health. In a statement, Robert Califf, Commissioner of Food and Drugs, said external agency experts have been commissioned to conduct a comprehensive evaluation for two of the agency’s key […]
In brief: The team at Grayscale has forecasted that Bitcoin could see another five to six months of downward or sideways price movement. The Grayscale team cites the traditional 4-year Bitcoin and crypto cycle as their basis for the conclusion. The team also highlighted an increase in the number of […]
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