Bitcoin Spikes, FED Chair Oozes Confidence in Taming Inflation
Bitcoin prices are moving higher following the U.S. FED decision to hike interest rates to tame rising inflation.
Bitcoin
Crypto News
Bitcoin
Crypto News
Analyst: Bitcoin Has a Solid Base to Move Forward
Bitcoin has a solid base to advance after sharp price dips according to Mohamed El-Erian, a revered financial market analyst,.
Crypto News
Exchange
FTX Has $2 Billion in Cash to Bailout Strategic Crypto Firms
FTX has $2 billion in cash and will offer credit lines to distressed strategic crypto firms to prevent a contagion.
Crypto News
DeFi
Centralized Crypto Lending Firms are to Blame for their Failure
Robert Leshner of Compound Finance has said centralized crypto lending firms are to blame for their failure and is good for DeFi protocols.
Crypto News
General
Users Prefer Litecoin (LTC) on BitPay, Payment Count Rose 21% in June
Litecoin transactions via BitPay, the world’s oldest crypto payment processor, are up 21 percent, pointing to increasing demand for low fees.
Bitcoin
Crypto News
Crypto will Bottom once “Tourists” Leave
Tom Loverro, a former board member at Coinbase, has said the crypto bottom is not yet in, and prices will recover once “tourists” leave.
Bitcoin
Crypto News
The Crypto Winter is Crashing Bitcoin Millionaires
There are now fewer Bitcoin millionaires following the sharp drop of BTC and crypto prices in the last seven months, recent data shows.
Bitcoin
Crypto News
SEC Denies Grayscale’s Application for a Bitcoin ETF
The U.S. SEC has denied Grayscale Investment to convert their BTC Trust into pure Bitcoin ETF. The digital asset manager plans to sue.
Crypto News
Exchange
FTX Founder: More Crypto Exchanges will Declare Bankruptcy
Sam Bankman-Fried, the billionaire founder of FTX, expects more turbulence in crypto after revealing that some exchanges are insolvent.
Bitcoin
Crypto News
13.65 Million BTC HODLed despite Bitcoin Sinking to $17.6k
Approximately 13.65 million Bitcoin, worth over 25 percent of the total market cap, haven’t been moved year-to-date.