Tag: news.bitcoin

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Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments

Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program The company will allow its customers to earn yields of up to

JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed

The US Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to

PWC: Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End

Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of

Crypto Lending Company Blockfi Cuts Staff by 20%

On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying

Tron’s Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity

After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD On June 13, the crypto asset tron (TRX) dropped

Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as ‘Safe’

A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs The case was filed by

OpiPets: The Rise of Blockchain in Formula 1

PRESS RELEASE Formula One is one of the greatest sports in the world and brings about the best automobile teams which compete for the title yearly From the racing tracks in Spa to the roads of Monte

Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash

DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year

Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm’s Assets

On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours Meanwhile, the crypto

Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020

Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge ETH also fell considerably on Monday, as prices declined by over 16%, falling

Russian Parliament to Review Bill Prohibiting Crypto Payments

Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament The sponsors of the bill want to task crypto platforms to

XTRA․FUND – the World’s Only DeFi Platform That Always Rewards, No Matter the Market

The cryptocurrency Winter is (NOT) here to stay If the media was any indicator of the current state of the cryptocurrency industry, one would think it was time to “pack up” and find a