Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times. Cryptocurrency derivatives exchange FTX is reportedly eyeing a takeover of Robinhood Markets, the popular trading app that introduced millions of traders to Bitcoin (BTC), Ether (ETH) and Dogecoin (DOGE). Citing people familiar with the matter, Bloomberg reported Monday that...Continue Reading

Bitcoin. The bottom. Are we there yet? Several higher timeframe metrics suggest BTC’s real bottom will be somewhere around $10,000. Bear markets have historically been challenging to navigate for traders and the conventional set of “reliable” indicators that determine good entry points are unable to predict how long a crypto winter might last. Bitcoin’s (BTC) recent...Continue Reading

Mureau remains bullish on crypto’s outlook despite a severe bear market in recent months. For Maurice Mureau, CEO of crypto investment fund operator Hodl, there’s “not a lot left” to invest in anymore. With soaring inflation, bonds are no go, real estate is getting more difficult but there is one asset class that’s (unsurprisingly) catching...Continue Reading

Bitcoin’s derivatives metrics reflect slight improvements since the $17,600 low, but whales and market makers continue to price higher risk of another breakdown. A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term. Bitcoin...Continue Reading

The Sango project’s plans include building a “legal crypto hub”, expanding adoption of Bitcoin, and creating a “crypto island” — a special economic zone in the metaverse. Faustin-Archange Touadéra, President of the Central African Republic, has announced the government will be backing an initiative centered around developing the country’s blockchain infrastructure. In a Monday announcement...Continue Reading

Bitcoin and altcoins are facing profit-booking after the recent relief rally, but charts suggest that a revisit to recent swing lows could be in store. Bitcoin’s (BTC) current bear market is one of the worst, according to a report by on-chain analytics firm Glassnode. This was the first time in history that the Mayer Multiple...Continue Reading

“The approval of each and every Bitcoin-linked investment product strengthens our arguments about why the U.S. market deserves a spot Bitcoin ETF,” said CEO Michael Sonnenshein. Digital asset manager Grayscale reported overwhelming support in public comments for its application to launch a spot Bitcoin exchange-traded fund. In a Monday letter to investors, Grayscale said that...Continue Reading

LUNA2 may have bottomed in June, but just who is buying this controversial token? The price of Terra (LUNA2) has recovered sharply nine days after falling to its historic lows of $1.62.  On June 27, LUNA2’s rate reached $2.77 per token, thus chalking up a 70% recovery when measured from the said low. Still, the...Continue Reading

The Digital Diaspora, an event hosted at Samsung 837 during the week of NFT.NYC, beamed a spotlight on some of the most prominent Black artists within the NFT space. Following the conclusion of the fourth annual NFT.NYC conference, attendees took the opportunity to reflect upon a week of artistic inspiration, community networking and developer innovation...Continue Reading

The United States cryptocurrency exchange has seen its stock price plunge in lockstep with Bitcoin, Ether and the broader digital asset market. Shares of Coinbase Global Inc. (COIN) have been downgraded by analysts at Goldman Sachs after plunging cryptocurrency prices affected the exchange’s underlying business, underscoring the challenges posed by the bear market.  The reason...Continue Reading