Sentiment and inflation: Factors putting pressure on Bitcoin price
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark.
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Community-initiated ‘Bitcoin Stackchain’ exceeds $160K in one week
How one tweet about being “broke as hell” created a chain of community Bitcoin buys that exceeded six figures and counting.
Tesla reports $64M profit from Bitcoin sale
Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells.
Thai SEC launches digital hotline for Zipmex users
The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website.
The opportunities and risks of Metaverse for small businesses
The benefits outweigh the risks when it comes to the adoption of Metaverse for small businesses.
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.
21Shares launches S&P risk controlled Bitcoin and Ether ETPs
Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD.
Skybridge announces suspension of withdrawals from of its one crypto-exposed funds
Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation.
Source claims 3AC’s Deribit exposure is worth much less than reported
The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund's exposure to Deribit is only worth $25 million.
Christie’s launches venture fund aimed at Web3 and blockchain investments
According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications.
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