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78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets

The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044…

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Global Crypto Owners Predicted to Surpass 1 Billion This Year

The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to…

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Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices

Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the…

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NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes

The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are…

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Union Bank of Philippines to Offer Crypto Trading and Custodial Services

One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’…

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Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin

Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this…

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El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months

El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran…

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While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M

Following the large string of block rewards from 2010 spent in November 2021, no block rewards from that year were discovered in December and throughout the next month up until…

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NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase

The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise…

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Crypto Scam Websites Attracted Millions of Indians Last Year, Chainalysis Says

Indians visited crypto scam websites nearly 10 million times last year, according to blockchain data analytics firm Chainalysis. The top crypto scam sites alone were visited 4.6 million times by…

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