Crypto Markets Erased $300B in Days, Bitcoin Dipped to $20.8K: Market Watch
Bitcoin kept plunging in the past 24 hours to a new multi-year low of under $21,000. Most of the altcoins followed suit with massive price losses. ETH is among the…
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BlockFi Lays Off 20% of its Staff Amid Market Pullback
Centralized crypto exchange and lending platform BlockFi joined Geminis, CryptoCom, and other digital asset firms in massively trimming its staff size in the light of a downtrend wave storming the…
Cardano Launched EVM Sidechain on its Testnet
The company behind the Cardano ecosystem – Input Output – announced the launch of its Ethereum Virtual Machine (EVM) sidechain alpha on the testnet. However, the layer-one blockchain did not…
$1.25 Billion in Liquidations as Bitcoin Price Briefly Dips Below $21K
The cryptocurrency market downturn continues with no signs of slowing down. Bitcoin dipped below $21K, leaving around $1.24 billion in total liquidations over the past 24 hours. The bloodbath in…
France Could Deploy Blockchain Ticketing for Paris 2024 Olympic Games (Report)
The French Government’s Olympics committee is willing to run the Paris 2024 Olympic Games with minimum security risks for fans. As such, the organization might incorporate blockchain technology into its…
Richard Branson Wants to Stop Crypto Scams Using His Name
The British entrepreneur and founder of Virgin Group – Richard Branson – said he will do everything he can to prevent cryptocurrency scams that use his name as bate to…
Litecoin MimbleWimble Delisted by Several Exchanges for Being Too Privacy-Protecting
Korean crypto exchanges Upbit and Bithumb announced in public notices to users that they will drop Litecoin (LTC). Upbit will stop trading pairs with Litecoin on June 20th and give…
Bored Ape Floor Plunges Below $100K as NFT Prices Collapse
Prices and sales of non-fungible tokens (NFTs) have continued to crash as bears completely take over the broader crypto market. Popular collections such as the revered Bored Ape Yacht Club…
Despite Market Retracements, Stan Druckenmiller Still Prefers Bitcoin Over Gold
The American investor, hedge fund manager, and philanthropist – Stanley Druckenmiller – believes the US economy is heading towards recession “sometime in 2023.” Amid his projection of an “inflationary bull…
Binance Is Expanding Hirings Amid Falling Crypto Market
Amid heightened inflation concerns, investors are steering away from riskier assets. Crypto declines are closely tracking the equity market, and given the current fragility, negative sentiment across the space is…
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