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

Despite A 35% Drop In SHIB Price, Its Community Grows By 15K In Seven Days

Most of the digital assets are still trading in the negative as the general downturn in the crypto market continues. The SHIB Community Keeps Growing However, the SHIB community keeps growing even though the SHIB token has shed 35% of its value in the last seven days. Before May 10, 2022, the SHIB community grew … Read more

Terra’s Tokens Had Design Flaws, But There Was No Rug Pull – Paolo Ardoino

Do Kwon and his team continue the battle to restore normalcy to the Terra network following the crash of the network’s algorithmic stablecoin and native token. LUNA’s price crashed so hard that it now trades for pennies, while the TerraUSD stablecoin (UST) lost its USD peg and now trades at $0.0625, according to the current … Read more

Meta Files Five New Trademark Applications

Various media outlets report that Meta has applied for five trademarks under the brand name “Meta pay.” According to the filing, Meta pay is an online social investment network that allows users to seamlessly complete their crypto and blockchain-related transactions. Platforms can also validate their authenticity and identity (where necessary) using the platform’s tools. Popular … 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

Robinhood Has Announced That it Will Soon Launch a Web3 Wallet

Acclaimed zero-fee crypto trading platform, Robinhood, has revealed that its non-custodial crypto wallet is near completion. It added that the wallet would be interoperable with several blockchains. Part of the announcement added that even though the wallet can store NFTs and works on any NFT marketplace, it would still be an independent app. Nonetheless, Robinhood … Read more

SEC Commissioner Hester Peirce Backs A Regulatory Framework For Stablecoins

Securities and Exchange Commission (SEC) Commissioner – also known as the crypto mom – Hester Peirce, has supported the regulatory agenda related to stablecoins that permits room space for failure. While appearing at some online panel arranged on the behalf of the OMFIF (Official Monetary and Financial Institutions) – a policy organization – Peirce, having … 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