Cryptocurrencies News
- Martin Young
Cardano’s native token has taken a hit as the team announced a delay for the long-awaited Vasil hard fork.
- Aaryamann Shrivastava
The GameFi video game, which propelled NFTs into the limelight, holds domination over other NFT-related projects in dozens of places.
- Reuters
By Marc Jones LONDON (Reuters) – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said.
- Bob Mason
While leading exchanges begin to shy away from new sports sponsorship deals, Aussie casino Stake.com adds another major name to its portfolio.
- Joel Frank
Cryptocurrencies have recovered 20% of their market cap since Saturday’s lows, but Fed’s Powell could remind markets of challenges ahead.
- Reuters
By Tom Wilson, Elizabeth Howcroft, Nupur Anand and Ece Toksabay
- Reuters
By Lisa Pauline Mattackal and Medha Singh
- Reuters
(Reuters) – Babel Finance, the Hong Kong-based crypto lender which suspended withdrawals and redemption of crypto assets on Friday, said it has reached an agreement with counterparties on the repayment of some debts to ease short-term liquidity.
- Martin Young
Just in time for the prolonged crypto winter, exchange-traded fund provider ProShares has announced a new vehicle for investors to short Bitcoin.
- Aaryamann Shrivastava
The meme coin has been finding more and more audience with every passing day despite losing its position in the top 15 cryptocurrencies.
- Aaryamann Shrivastava
Apart from the depegging of TerraUSD stablecoin, South Korean authorities have been behind the Terraform Labs for tax evasion.
- Reuters
(Reuters) – A Moscow court on Monday rejected an appeal brought by Meta Platforms Inc after it was found guilty of “extremist activity” in Russia, the TASS news agency reported.
- Joel Frank
Bitcoin and Ethereum fell to fresh annual sub-$18,000 and $900 lows over the weekend, but sentiment has since stabilized.
- Reuters
By Alun John HONG KONG (Reuters) – The cryptocurrency industry was on edge on Monday morning as investors feared contagion from problems at major crypto players could unleash a major shakeout if not contained.
- Martin Young
Public Bitcoin miners are selling more of the asset to cover their costs resulting in a weekend rout that pushed crypto markets to their lowest levels since January 2021.
- Reuters
By Tina Bellon (Reuters) – Bitcoin on Sunday rose around 7.6% to $20,404 from its previous close, signaling a recovery from a sharp drop on Saturday.
- Reuters
(Reuters) – Bitcoin dropped 6.53% to $19,106.37 at 0734 GMT on Saturday, losing $1,334.33 from its previous close.
- Varuni Trivedi
As the top crypto asset continues its sideways movement near the $20,000 mark, bitcoin institutional investors fear further losses.
- Reuters
(Reuters) – Hong Kong-based Babel Finance temporarily suspended the withdrawals and redemption of crypto assets on Friday, as the crypto lender scrambles to pay its clients after the recent slump in the digital currency market.
- Joel Frank
Finblox and Babel limit withdrawals in further signs of DeFi stress as markets digest this week’s hawkish Fed.