Elon Musk Argues Dogecoin Better Suited for Payments Than Bitcoin
Elon Musk was named the 2021 Person of the Year by TIME Magazine – a reward given to him for “creating solutions to an existential crisis, for embodying the possibilities and the…
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Two More German Banks Planning Crypto Services Following Sparkasse
Commerzbank and Volks- und Raiffeisenbank – a German universal bank and brand of cooperative banks respectively – have started developing concepts to enable customers to buy and sell cryptocurrencies. Frankfurter…
Bitcoin Price Analysis: BTC Withdraws to $47K as Market Anticipates Fed’s FOMC Meeting
Bitcoin was unable to retain any gains above $50K, and the price has subsequently tumbled towards $45K. The cryptocurrency is now trading at around $47K, but the upcoming Fed FOMC…
FTX Signs $10M Deal With Golden State Warriors For Brand Placement
FTX – one of the leading cryptocurrency derivatives exchanges – recently sponsored the NBA’s Golden State Warriors for $10 million. This is an international sponsorship, marking the first global deal…
Shiba Inu Price Analysis: SHIB Rests on Critical Support Following 8% Weekly Drop, What’s Next?
Key Support levels: $0.000030, $0.000022 Key Resistance levels: $0.000034, $0.000037 SHIB found support on the $0.000034 level and seemed primed to move higher when the bears took over the market.…
WestCap Leads a $1 Billion Funding Round for NYDIG, Values the Company at $7B
Cryptocurrency custody firm New York Digital Investment Group (NYDIG) announced an equity funding round that saw a massive $1 billion in growth capital. The company announced the news of the…
Tether Lashes Out Against Another Lawsuit: Calls it “Nonsense and Copycat”
The issuer of the stablecoin leader USDT – Tether – faces yet another class-action lawsuit with familiar accusations. Lawsuit Against Tether According to the official document, the two plaintiffs, Matthew…
Switzerland’s Largest Online Bank Plans to Launch Crypto Exchange Next Year
Switzerland’s largest online bank, Swissquote, is planning to launch a cryptocurrency exchange early next year to meet clients’ surging demand for digital assets. Swissquote to Launch Crypto Exchange The bank’s…
DOGE Soars 20%: Elon Musk Says Tesla Will Accept Dogecoin for Some Merchandise
Elon Musk revealed that the company he spearheads – EV giant Tesla – will start accepting Dogecoin as payment for some of its merchandise. The move that many anticipated and…
BTC Dipped to $45K, ETH Below $4K Following Bloody Monday: Market Watch
This week’s start was anything but good for the cryptocurrency market in terms of pricing. The total capitalization dropped by more than $140 billion before recovering slightly as Bitcoin, and…