Massive Bitcoin Volatility as US Inflation Clocks in at 9.1% for June
The US inflation numbers are in for June, and they continue going up. With this, BTC’s price is also experiencing enhanced volatility as the numbers clock in. Data from the…
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Over $200 Million Liquidated on Bitcoin Turbulence as CPI for June at 9.1%
The number of liquidated traders and the value of liquidations skyrocketed to over $200 million on a daily scale as BTC, and the entire crypto market experienced enhanced volatility following…
Ripple Gets One Over the SEC as Court Orders Production of Ether-is-not-Security Hinman Speech
In the ongoing US Securities Exchange Commission (SEC) vs. Ripple Labs case, Magistrate Judge Sarah Netburn, on July 12, dismissed the agency’s appeal for the protection of William Hinman’s speech…
Zac Prince Confronts Claims Comparing BlockFi to Celsius and Voyager
Crypto-focused hedge fund Pantera Capital (PC) published a blockchain letter titled “DeFi Worked Great” on Monday, arguing against a report titled “DeFi Has an Existential Problem” by Wall Street Journal.…
ECB Recommends Mining Ban and Urgent Stablecoin Regulations
It comes as no surprise that the central bank wants to curtail crypto as much as it possibly can, advising EU lawmakers with a recent research paper. On July 12,…
Celsius Would Rather Lose $6 Billion Bailout Than Disclosing Its Financial Records, Investor Says
Celsius has managed to pay off several million dollars in debts after nearly filing for bankruptcy due to lack of liquidity, raising all sorts of conjectures regarding the origin of…
OKX Inks Training Kit Partnership Deal With Manchester City
Cryptocurrency exchange OKX has extended its partnership with current Premier League champions Manchester City F.C., with a new deal making the firm the English club’s official training kit partner. OKX…
Korean Fintech Giant Dunamu to Create 10,000 Web3 Jobs and Invest $380 Million (Report)
Dunamu – the company behind South Korea’s leading crypto exchange Upbit – plans to invest 500 billion won ($380 million) in the next five years and create approximately 10,000 new…
Animoca Brands’ Valuation Nears $6 Billion After a Fresh Fundraiser (Report)
The blockchain gaming platform Animoca Brands has reportedly raised $75 million in a funding round, and its valuation soared to $5.9 billion. Despite the Bear Market, Animoca Has a ‘Long-Term…
Charlie Munger Bashes Crypto as an “Open Sewer” of Evil Actors
Charlie Munger – Vice-Chairman of Berkshire Hathaway – has reignited his ire for cryptocurrencies and the industry surrounding them. In his latest criticism, he deemed the entire space an “open…
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