Bitcoin Plummets to December 2020 Lows, Altcoins See 30-50% Daily Collapses: Market Watch
Another day came with more massive price drops in the crypto market, with bitcoin dumping to lows not seen in roughly a year and a half. The altcoins are in…
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Stock Prices of Bitcoin Mining Companies Tumble Amid Broader Market Downturn
Bitcoin mining stocks have continued to plunge so far in 2022 following BTC’s price plummet, with Riot Blockchain being the biggest loser. Bitcoin Mining Stocks Plunge In a tweet thread…
BTC Below $27K, ETH Beneath $2K: Over $1.2 Billion in Liquidations
The entire crypto market is covered in red once again, with countless double-digit losses evident across almost all charts. Bitcoin dumped by 15%, while the altcoins have it even worse…
Gemini Denies 100k Bitcoin Loan Rumors to BlackRock and Citadel
New York-based cryptocurrency custody and exchange Gemini has refuted allegations about its involvement in the massive selloff of Terra’s native cryptocurrency, LUNA. Gemini Says Not Involved in LUNA’s Price Decline…
FSB Chair: Crypto Markets Could Soon Threaten Global Financial Stability
The Chairman of the Financial Stability Board (FSB) – Klaas Knot – raised concerns that the cryptocurrency sector could harm the monetary network in the future. In his view, the…
British Asset Manager Fasanara Raises $350 Million Crypto and Fintech Fund (Report)
Fasanara Capital Ltd – a London-based asset manager – reportedly closed a $350 million fundraiser and wants to use the financing to invest in cryptocurrency companies and financial technology. The…
Chainalysis Raises $170 Million at $8.6 Billion Valuation: Report
Blockchain intelligence startup Chainalysis has raised $170 million at a valuation of $8.6 billion, double from $4.2 billion in June last year. Given the current market crash where bitcoin fell…
Jack Henry Customers Now Have Bitcoin Access Following a Partnership With NYDIG
A partnership deal between Jack Henry & Associates and New York Digital Investment Group (NYDIG) will enable community financial institutions to offer bitcoin services following increased interest from customers. Millions…
President Bukele Shows Plans of Proposed Ambitious Bitcoin City
President Nayib Bukele of El Salvador has unveiled development plans for the country’s planned Bitcoin City shortly after the nation made its latest BTC purchase. Bukele Moving Ahead With Bitcoin…
Coinbase CEO Blames RBI for Botched India Launch
Coinbase Co-founder and CEO Brian Armstrong squarely blamed the Reserve Bank of India (RBI) for employing “informal pressure” and denying the Unified Payments Interface (UPI) services that led to Coinbase…
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