The Equities Market Is The Cause Of BTC’s Poor Performance – Report

Even though BTC trading occurs round the clock, it usually makes its best bullish moves during weekends. Also, during weekends, it rarely makes any unusual moves during the US stock market operating hours on weekdays. BIG’s Observations About BTC Price Movement However, Bespoke Investment Group (BIG) data suggests BTC’s volatility is often different within the … Read more

Top Crypto Treasury Management Platform Raises $15M From Its Latest Series A Funding Round

Coinshift, a top treasury management platform, also announced that the funds would be used to develop and provide a complete treasury management solution service for crypto-related firms. Crypto firms, including DAOs, use Coinshift tools to manage their cash reserves. Over 300 venture capitalists participated in this funding round. Among them are Tiger Global, Sequoia Capital … Read more

Major Cryptocurrencies Rise 9% as Market Shows Recovery

Amid the bleeding crypto market that has dominated headlines since Monday, BTC and ETH have rebounded, leading to the overall market recovery. The flagship coin crawled back to above $30k in the early hours of Friday, exchanging at a day high of $30.9k. Currently, it trades at $30.3k, shedding about 60 cents based on CoinMarketCap.  … Read more

Ukrainian Officials Utilize Funds From Cryptocurrency Donations To Buy Supplies For Military

The ministry of digital transformation in Ukraine has used non-fungible tokens and crypto, along with CryptoPunks, endeavoring to provide humanitarian aid as well as fund the country’s army. The funds taken from the crypto donation venue, (started on the behalf of the country’s government to buy supplies for the army of the nation) have been … Read more

Coinbase CEO Brian Armstrong Responds To Fears Of Bankruptcy Says Funds Are Completely Safe

Coinbase published a report in which the company shared its losses. Following this report, there’re circling rumours that in case the company goes bankrupt, clients can face a loss. These rumours are attracting people on social media. Coinbase Chief Executive Officer Brian Armstrong came forward and made it clear that clients’ funds are secure. That’s … Read more

NY Digital Media Digital Firm Townsquare Media Adds BTC To Its Balance Sheet

A New York-based radio station and digital marketing firm, Townsquare Media, is another business to support the original crypto with the incorporation of up to $5M worth of BTC (Bitcoin) to the balance sheet thereof. A filing submitted under the SEC (Securities and Exchange Commission) of the United States revealing the purchase of BTC by … Read more

A Russian News Firm Raises Over $250K In Cryptocurrency Donations

An autonomous news firm in Russia has collected up to $250,000 worth of crypto donated by the supporters to keep on reporting the autonomous news while being under a bombardment of censorship and propaganda imposed by the government of the country. Today, a Latvian-based news site (which is in the Russian language) – Meduza – … Read more

Coinbase CEO Says Central Bank Of India’s Informal Pressure Caused Disruption In Payments

Only three days following the entrance of Coinbase (a name-making crypto exchange from the United States) in the market of India, it terminated utilizing the UPI (United Payments Interface) – the most famous payment service across the area. Brian Armstrong, the CEO of the exchange, later disclosed that the reason at the back of the … Read more

US DOJ Announces Charges Against Florida CEO Over Involvement In A Cryptocurrency Fraud

The DOJ (Department of Justice) of the United States is leveling accusations against a crypto mining firm’s CEO for operating a worldwide investment scam project. As per a statement issued on the behalf of the DOJ, the founder as well as the chief executive of MCC (Mining Capital Coin), told a lie to the investors … Read more

Reports Reveal Illicit Cryptocurrency Transactions Rose in the Last Two Years

DeFi is a crucial sector that has revolutionized finance. Yet, it’s an extremely vulnerable sector due to its decentralized mode of operations and openness. It leaves the space susceptible to scammers and criminals who use the industry for selfish gains.  Hacking and money laundering are the two most common illicit activities in the DeFi space. … Read more