Underwater Bitcoin miners increase sales pressure on crypto
Bitcoin prices have fallen so low that cryptocurrency miners have become sellers, pushing the already downturned market further. Recent data shows an increase in the amount...
Category: crypto
Tether launches pound-linked stablecoin as UK aims to become cryptocurrency hub | Cryptocurrencies
Tether, the controversial “stablecoin” that supports more than $ 60 billion of the crypto-economy, launches a UK version to capitalize on the UK government’s desire to...
The problem gets bigger for crypto players as top executives are called
India’s Enforcement Directorate (ED) has convened top crypto chiefs to further investigate whether the platforms are violating currency rules, a report has confirmed. It told an...
Macroeconomic factors to blame for cryptocurrency with more pain likely to come: Coinbase report
It comes as no surprise that deteriorating macro factors have been the cause of the current crypto bear market. However, Coinbase confirmed the idea in a...
Cryptocrisis brings back ghosts from Lehman Brothers
For Gen Z, the crisis in the crypto industry, where many of them have made and lost their first investments, is a very painful situation. For...
Cryptocurrency exchange FTX has “a few billion” to support the industry, says Bankman-Fried
Sam Bankman-Fried speaks on stage during the first annual Moonlight Gala in favor of CARE – Children With Special Needs at Casa Cipriani on June 23,...
European Crypto Exchange is starting to charge users for inactivity
In the midst of falling prices and trading volume, Bitstamp will begin to charge inactivity fees. getty In the midst of declining trading volume in crypto,...
Meta highlights NFT, hopes blockchain when it closes Novi crypto wallet
Meta will close its pilot of the Novi digital wallet, one of the last remnants of the company’s besieged cryptocurrency push, in September, Bloomberg reported this...
Cryptocurrency FTX has “a few billion” to support the industry – Bankman-Fried
FTX CEO Sam Bankman-Fried poses for a photo, in an unspecified location, in this undated distribution photo, obtained by Reuters on July 5, 2022. FTX /...
Sales of hardware crypto wallets are increasing as centralized exchanges fail
The blockchain analysis company Glassnode recently characterized the bear market in 2022 as the worst that has been registered. This seems to be the case due...