0N1 Force
After briefly slipping to the $21K zone, Bitcoin (BTC) continues to trade at levels last seen in December 2020.
The leading cryptocurrency was down by 9.94% in the last 24 hours to hit $22,668 during intraday trading, according to CoinMarketCap.
Glassnode believes BTC is entering the deepest part of the...
With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cryptocurrency continues to trade at an 18-month low.
Market analyst under the pseudonym ZeroHedge noted:
“Odds of...
While traditional financial institutions gradually embrace Bitcoin, a longtime crypto sceptic, Bank of England Governor Andrew Bailey, has once again reasserted his stance recently, stating that the asset class has “no intrinsic value.”
The governor of the British Central Bank testified in the U.K. Parliament on Monday, the day...
Crypto exchange Crypto.com and lending platform BlockFi announced on Monday plans to cut over 400 jobs globally, as they come under pressure from difficult market conditions.
Crypto.com said that it would reduce its workforce by 5%, that is about 260 employees. CEO Kris Marszalek disclosed the announcement via...
When the digital currency ecosystem records as much as a plunge below $1 trillion in combined market capitalization, the Decentralized Finance (DeFi) ecosystem can certainly not be spared.
While Bitcoin (BTC), the industry’s legacy coin, has skidded back to its lowest level since December 2020, the DeFi Total...
Atmos Labs Inc, a metaverse gaming protocol, has raised $11 million in seed funding, as it looks to double down on its metaverse development push.
Atmos is currently being fronted as a new play-and-earn metaverse, tasked with building an immersive experience that will pair an esports component with the...
Binance.US has been sued in a class-action lawsuit for selling unregistered security tokens from the Terra blockchain protocol.
The class-action lawsuit was filed in the Northern District of California, dragging the exchange for misleading investors with the sale of LUNA and UST tokens, both of whose collapse led...
American investment banking and financial institution giant, Goldman Sachs Group Inc has started trading a type of Ethereum-linked derivatives, as it seeks to expand its reach in the crypto markets beyond Bitcoin-focused products.
Bloomberg first reported the trade on Monday, noting that the product executed is an Ethereum...
Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to "safeguard the overall blockchain industry and crypto market."
Tron DAO Reserve manages algorithmic stablecoin USDD, which went live on the blockchain on May 5. Earlier in June, Tron announced that it...
Nexo AG has released a Letter of Intent showing its potential interest in the possible acquisition of certain assets of crypto firm Celcius Network LLC and Celsius Lending LLC.
In the letter, Nexo stated that the company, its partners and affiliates are interested in acquiring "certain remaining qualifying assets, mainly...
