Recently, an analyst who works at Weiss Ratings, the only financial rating agency that grades cryptoassets, issued a dire warning over cryptoasset-backed mortgages, saying they present a significant risk.  According to a report by Cointelegraph, Weiss, which is based out of Florida, Weiss analyst Jon D. Markman released a report […]

Recently, American current affairs TV program “60 Minutes” shed some light on how young affluent foreigners are finding life on a beach town in El Salvador, where Bitcoin is legal tender. As you may remember, the bill to make Bitcoin legal tender in El Salvador got passed by the Legislative Assembly […]

According to a report by Bloomberg, despite CAR’s move being hailed by the crypto community as a progressive motion, the International Monetary Fund has noted that making Bitcoin legal tender is dangerous and “presented a series of challenges for the country and the region.” On April 27, President Faustin-Archange Touadéra […]

Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) has been revealed as the mysterious firm that took out Wall Street’s first Bitcoin-backed loan from Goldman Sachs. The firm took out the loan in a bid to deepen ties between the crypto and traditional finance world. Brett Tejpaul, head of Coinbase Institutional, was […]

Shares of Satellogic Inc. (SATL), a leader in sub-meter resolution Earth Observation data collection, are rising more than 9% Wednesday morning after the company announced multiple launch agreement with SpaceX for its next 68 satellites. This new agreement follows the current one covering 2022 launches, the company said. “Today’s announcement […]

CVS Health Corp. (CVS) reported on Wednesday a profit for the first quarter that increased from last year, driven revenue growth across all operating segments on increased prescription and front store volumes. Both adjusted earnings per share and quarterly revenues topped analysts’ expectations. The company also raised its adjusted earnings […]

MicroStrategy, the publicly traded company with a 129,218 BTC-strong treasury published its Q1 2022 earnings report on Tuesday. The Bitcoin-hoarding software company reported a $170.1 million impairment charge on its BTC investment last quarter. MicroStrategy Lost $170M To Bitcoin Impairment Charges In Q1 According to MicroStrategy’s latest financial results, the […]

The owner of a beautiful 4.3-acre residence in the wealthy American town Greenwich (which is in Connecticut, “the southernmost state in the New England region of the United States”) is willing to accept $BTC or $ETH as payment for the $6.5 million asking price. Greenwich, which is “named after Greenwich, […]

Bitcoin saw a sharp drop in price last month that led to the asset closing the month of April below $40,000. According to a new analysis, the move is going to prove pivotal for the next upwards bounce of Bitcoin. Bitcoin poised for a massive surge? In their newsletter, Yann […]

He Owned the Crypto Domain for 4 Years To start, he bought the web domain in 2017 alongside other similar ones that have generated buyer interest over the years. However, this particular one caught the attention of a persistent buyer who sent him a $500 offer via the GoDaddy broker […]