Bitcoin Corrections Not Over Yet, Arthur Hayes Sees More Losses Incoming
After a record-breaking string of declines, the former BitMEX CEO – Arthur Hayes – has given yet another dire outlook on where crypto is headed. In the latest Twitter thread,…
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Kevin O’Leary is Not Selling, Despite the Recent Crypto Collapse
The Canadian businessman and TV personality – Kevin O’Leary (a.k.a. Mr. Wonderful) – believes the ongoing decline of the cryptocurrency market is a healthy event that will clear out the…
DeFi Protocol Bancor Pauses Impermanent Loss Protection Feature Amid Liquidity Crisis
Prominent DeFi protocol Bancor suspended its Impermanent Loss Protection program, citing “hostile market conditions” and “manipulative behavior” as the main causes behind the action. Assuring users and investors that it’s…
ProShares Announces First Bitcoin-Linked Short ETF in U.S.
ProShares – the leading Bitcoin ETF provider in the United States – has announced that it will launch the country’s first short-linked Bitcoin ETF on Tuesday. This will allow investors…
Reasons Why Synthetix (SNX) Skyrocketed by Over 100%
The cryptocurrency market is showing signs of a minor relief amidst the bloodbath, but Synthetix (SNX) has emerged as the clear winner today. Synthetix (SNX) Takes the Lead The native…
After Coinbase and CryptoCom, Bybit Lays Off Employees Amid Market Pullback
Bybit has joined other crypto companies in reducing their staff following the massive market-wide retracements. Previous such examples included Coinbase, CryptoCom, and BlockFi. At the same time, the exchange announced…
Iran Will Reportedly Cut Off Electricity to All Legal Crypto Miners
The Middle Eastern nation has gone against licensed crypto miners and will shut down all 118 legal ones in two days, according to a recent report. The country’s authorities have…
SBF: Big Players Like FTX Should Step in and Help Crypto Recover
The Founder and CEO of the crypto exchange FTX – Sam Bankman-Fried – thinks large companies like his should use their expertise and “stem contagion” in the digital asset market.…
Celsius Network Pauses AMAs and Twitter Spaces, Wants More Time to Find a Solution
A week after halting withdrawals, among all other services, the team behind Celsius has suspended some of its online engagement programs, including AMAs. At the same time, the project promised…
After Embracing Crypto Payments, Tag Heuer Now Focuses on NFTs
The Swiss luxury watchmaker – Tag Heuer – said it will help its clients “stay in tune” with the rapidly changing world. As such, the company introduced a smartwatch feature…
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