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   Business News    Business News   Business News

  Posted by u/ one year ago

How to buy Bitcoin with Cash app

A step-by-step guide to buying Bitcoin on Cash App, including guidance on fees, the auto invest feature and security tips to empower your cryptocurrency investment journey.

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  Posted by u/ one year ago

Most fear since SVB collapse ? 5 things to know in Bitcoin this week

Bitcoin traders are truly 'spooked' and sentiment crashes harder than BTC price as the shake-up from last week's losses continues.

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  Posted by u/ one year ago

Renewable energy Bitcoin mining company powers up in Sweden

Bitcoin mining lands another green energy data center as global powerhouse GDA sets up shop in Sweden.

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  Posted by u/ one year ago

Bitcoin Ordinals is Far From Dead Despite ?Shift in Winds:? Here?s Why

There are currently over 25.6 million Ordinals inscriptions on the Bitcoin network.

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  Posted by u/ one year ago

Binance limits withdrawals in Europe, cites payment processor issues

In a deleted customer service message, Binance said that the failed withdrawals were caused by temporarily suspended EUR transactions through SEPA.

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  Posted by u/ one year ago

Bitcoin Miners Pivot To Other Areas In Quest To Diversify Earnings: JP Morgan

Digital asset miners are moving to other business ventures including offering high-powered technology services to artificial intelligence (AI) companies to improve earnings.

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  Posted by u/ one year ago

Bitcoin price holds $26K as derivatives data hints at end of volatility spike

BTC futures and options data show pro traders? sentiment was not impacted despite last week?s 11.4% correction.

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  Posted by u/ one year ago

Dwindling optimism for Bitcoin ETF approval to blame as weekly crypto outflows hit $55M

Even altcoins slumped, with only Ripple and Cardano registering inflows.

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  Posted by u/ one year ago

Avalanche unlocks $103M AVAX this week: What?s the price outlook?

Avalanche traded at $10.65, down 1.5% in the past 24 hours. The declines for AVAX, which has plummeted from highs near $16 in mid-July, come ahead of a $103 million token unlock. Token Unlocks shows Avalanche is set to unlock 9.54 million AVAX tokens on August 26. Avalanche is closer to unlocking a significant chunk […]

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  Posted by u/ one year ago

Prediction markets tokens rise as other tokens dip: Gnosis, Augur price outlook

Bitcoin has suffered its worst weekly percentage loss since the collapse of FTX. Some of the factors behind the dip include reports of SpaceX selling its BTC holdings and the Chinese property giant Evergrande bankruptcy filing. Top prediction markets tokens have maintained a bullish trend amid the crypto meltdown. In what has caught most crypto […]

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  Posted by u/ one year ago

Bitcoin price tumbled last week on SpaceX liquidating stash

SpaceX’s Bitcoin liquidation triggered a massive drop in Bitcoin’s price A double top pattern suggests more weakness might come The measured move hints at further downside into the $20k area Bitcoin price failed at the $30k level twice this year. After rallying from $16k, it formed a possible double top pattern that should worry investors. […]

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  Posted by u/ one year ago

Exclusive: Sharia-compliant Islamic Coin secures funding from Optic Capital

Islamic Coin is a Sharia-compliant digital money project powered by the HAQQ blockchain. Optic Capital has made an investment of undisclosed amount in the project, whose ISLM token launches on September 1. Islamic Coin, the Shariah-compliant cryptocurrency, has secured funding from Web3 venture firm Optic Capital. The funding features an undisclosed amount, the Switzerland-based crypto […]

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  Posted by u/ one year ago

Over a billion dollars liquidated in crypto?s worst day since FTX

Key Takeaways Last week saw crypto suffered its worst 24 hours since FTX as over one billion dollars in derivatives were liquidated on Thursday Derivative volume outstrips the extremely low spot volume, with cascading liquidations having the potential to exacerbate price moves Volatility was sparked by sell-off in the bond market Developments re-affirm how vulnerable […]

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  Posted by u/ one year ago

Akash Network price soars as HSBC hikes Nvidia price target

Akash Network price rose 6% to $1.48 at the time of writing and was 150% up in two weeks. The AI related cryptocurrency has outperformed amid strong forecasts for the AI sector. HSBC has reaffirmed the buy rating for Nvidia, with price target up from $600 to $780. Akash Network price rose 6% to $1.48 […]

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  Posted by u/ one year ago

Master Key Finance to launch on BNB Chain

Master Key Finance launch is scheduled for Aug. 23 at 1:00 PM CST (6:00 PM UTC).  The Master Key Token (MKF) operates as a protocol on the BNB Chain, aiming to distribute wealth while addressing specific crypto domain gaps.  In response to identified needs within the BNB Chain space, the objective is to foster confidence […]

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  Posted by u/ one year ago

Shiba Memu token is thriving despite the painful crypto sell-off

Bitcoin and other cryptocurrencies plunged hard last week. This decline happened amid a sense of fear in the financial market. Shiba Memu token sale has gained steam as the developers raised over $2.1 million. Cryptocurrency prices had their worst performance this year as Bitcoin plunged from $29,000 to below $26,000. Most coins and tokens were deeply […]

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  Posted by u/ one year ago

NFT platform Recur shuts down less than 2 years after $50M financing round

Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The startup had secured a $50 million series A funding round in 2021. Recur, an NFT startup that attracted over $50 million in its series A […]

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  Posted by u/ one year ago

FTX Debtors Revise Settlement Proposal After Objection From U.S. Trustee

Bankrupt crypto exchange FTX's debtors have revised their motion for settlement after the U.S. Trustee objected to an earlier motion.

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  Posted by u/ one year ago

Scheduled Unlocks for LDO, AVAX, YGG Tokens Promise Busy Week Ahead

Research by The Tie show coins tend to drop in the days leading up to the unlock.

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  Posted by u/ one year ago

Friend.tech Becomes Massive Ether Money Machine as NBA Players, FaZe Clan Join In

The application has zoomed to becoming the second-largest revenue maker among crypto protocols in just over two weeks.

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  Posted by u/ one year ago

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April

Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

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  Posted by u/ one year ago

Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend

Crypto markets saw one of the biggest long liquidation events since FTX?s collapse, with little buying pressure over the past few days.

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  Posted by u/ one year ago

Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns

Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.

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  Posted by u/ one year ago

Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase

Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.

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  Posted by u/ one year ago

Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan

Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.

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  Posted by u/ one year ago

Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's Slide

The ether-bitcoin ratio rose more than 2% past week in a gain that's inconsistent with its record of taking losses during bouts of risk aversion.

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  Posted by u/ one year ago

First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to Coinbase

The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

BNB Chain Exploiter Liquidated for $30M on Venus Protocol

This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.

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  Posted by u/ one year ago

Terra Website Compromised; Developers Warn Against Phishing Scam

Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.

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  Posted by u/ one year ago

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.

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  Posted by u/ one year ago

Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates

Instruments tied to interest rates compete with Bitcoin for investor dollars.

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  Posted by u/ one year ago

Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto?s Latest Trend Will Die?

Despite its initial success in attracting celebs, the portents aren?t good for the latest ?Twitter-killer.?

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  Posted by u/ one year ago

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

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  Posted by u/ one year ago

Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases

Sam Bankman-Fried will have five and a half hours with his attorneys, minus any time spent being arraigned yet again Tuesday on his latest indictment, which folded campaign finance allegations into existing charges.

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  Posted by u/ one year ago

Bitcoin Developers Push Back Against Craig Wright?s Claim to Billions of Dollars in Bitcoin

A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright?s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows.

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  Posted by u/ one year ago

Prosecutors File Proposed Jury Instructions for Sam Bankman-Fried Trial

The U.S. Department of Justice filed its proposed set of jury instructions for Sam Bankman-Fried's October trial a day before he is set to be arraigned on a new superseding indictment.

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  Posted by u/ one year ago

Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests

Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

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  Posted by u/ one year ago

Kraken Pro Launches PYUSD Trading, Amplifying PayPal?s Crypto Influence

Kraken Pro has officially announced the launch of the highly anticipated PayPal stablecoin, PYUSD.

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  Posted by u/ one year ago

Upbit Introduces CYBER Listing, Transforming Crypto Investment Landscape

Upbit has excitedly revealed plans to introduce CyberConnect (CYBER) to its BTC market.

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  Posted by u/ one year ago

Transaction Fees On friend.tech Ranked 2nd, Only Behind Ethereum Network

Friend.tech has collected more than $1.68 million in transaction fees, surpassing the Liquid Staking Lido platform, just behind Ethereum.

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  Posted by u/ one year ago

Whale Sends 1,736 MKR Worth 1.89M USD To Binance!

The massive whale with the address 0x828 has orchestrated a substantial move by completing an MKR (Maker) transaction.

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  Posted by u/ one year ago

Cheongju Unveils Upbit?s Compliance in Tracking Tax-Evading Users? Crypto

Key Points: Cheongju City has taken a pioneering step by announcing its initiative to seize virtual assets, or cryptocurrencies, from tax violators. On the 22nd, the city unveiled its plan to combat tax non-compliance through the innovative measure of targeting individuals who have evaded local taxes. To execute this strategy effectively, Cheongju has reached out […]

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  Posted by u/ one year ago

Thailand Takes On Facebook?s Cryptocurrency Scam Epidemic

Thailand's Ministry of Digital Economy and Society (MDES) has declared its intent to take legal action against Facebook unless the social media giant addresses the proliferation of investment and cryptocurrency scam advertisements on its platform.

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  Posted by u/ one year ago

Phantom Introduces ?Login with Solana? for Hassle-Free Identity Verification

Key Points: Phantom crypto wallet has introduced a groundbreaking feature known as “Sign In With Solana” (SIWS) on the X platform. This innovation ushers in a new era of user authentication and security, elevating the experience of users within the digital realm. The SIWS feature simplifies the user authentication process to a remarkable extent. With […]

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  Posted by u/ one year ago

Coin Center?s Vision: Navigating Crypto Taxes With Clarity And Privacy

Crypto-focused policy nonprofit Coin Center has called on Congress members to establish clearer regulations for cryptocurrencies, particularly in the realm of taxation. The advocacy group has sent a letter to Senators Ron Wyden and Mike Crapo, offering insights into potential legislation concerning the taxation of digital assets.

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  Posted by u/ one year ago

Binance Introduces 4 Trading Pairs, Including CYBER/TUSD and SEI/TUSD

Key Points: Binance has announced the launch of four new trading pairs. The exchange will open trading for the CYBER/TUSD, LPT/TRY, SEI/TUSD, and UNI/TRY pairs, effectively expanding its offerings to its user base. Marked on the calendar for August 23, 2023, at 08:00 (UTC), Binance’s latest trading pairs are set to unlock new opportunities for […]

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  Posted by u/ one year ago

AAVE Investor Loses $1.3 Million in 16 Hours on Binance

An early investor in AAVE has reportedly sold 12,500 AAVE tokens at a loss.

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  Posted by u/ one year ago

Gemini Files Request to Dismiss SEC Lawsuit

Yet another crypto platform has decided to try the case dismissal route to rid itself of the SEC?s inquiries.\r\n

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  Posted by u/ one year ago

Cryptocurrency Startup Sues Crypto.com Exchange After Falling Victim to Scam

Crypto startup Glow Token filed a lawsuit in a US court against the Crypto.com exchange over a recent fraud, alleging negligence and breach of contract.

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  Posted by u/ one year ago

Meme Coin Watch: BoneShibaSwap Surges 8%, Wall Street Memes Hits $26 Million, $DOGE Technicals Point to Further Struggles

It?s been an eventful week in the meme coin market, with price surges, presale updates, and technical breakdowns making headlines. $BONE has jumped over 8% in the past 24 hours,

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