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Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle. Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView One day, $860 million more crypto liquidations...
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“Our front office teams […] think and act like risk managers to ensure that we are not exposed in any significant way to market swings,” said Celsius chief financial officer Rod Bolger. The fallout from extreme volatility in the crypto market hasn’t significantly affected Celsius Network, according to its leadership.  Seemingly in response to a...
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The implosion of the Terra ecosystem appears to be manifesting contagion that is negatively impacting Bitcoin and altcoins. The crisis with Terra’s stablecoin TerraUSD (UST) and the freefall in Terra’s LUNA token has dented crypto sentiment further. Although Terraform Labs CEO Do Kwon announced a relief plan, the community does not seem too hopeful about...
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Some of you saw it coming; some of you still can’t believe it’s real. Was the “most significant collapse in crypto history” an attack? No matter how hard your day is going, spare a thought for LUNA investors today. Do Kwon, CEO of Terraform labs and 18th on Cointelegraph’s Top 100, has lost billions of dollars...
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Stakeholders believe that the digital shekel would boost competition, but remain divided on the matter of privacy. Despite the fact that it still hasn’t made a final decision on the launch of the “digital shekel,” Israel’s central bank reported that the public feedback on the project is mainly positive. According to Reuters, on Monday, The...
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As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official Im going to Miami for the Bitcoin 2022 conference, there seems to be a light in the mans eyes. He peppers me...
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As more and more people continue to invest in digital currencies, experts believe the coming few years will see crypto making an even larger impact on the retail sector. Even though the cryptocurrency market seems to be going through a bit of a lull at the moment, there’s no denying the fact that the industry...
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The sculptor, Kristen Visbal, said that the proceeds from the NFT sale of Fearless Girl will be used to defend the original message of the artwork. The creator of the Fearless Girl statue in New York, which stands for the empowerment of women, has brought the emblem into the crypto space by dropping a nonfungible...
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Potential relief for macro pressure offers no respite for Bitcoin as BTC price action returns to new ten-month lows. Bitcoin (BTC) dropped by $1,500 in minutes on May 11 as the latest United States inflation data delivered mixed sentiment on the economic outlook. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin puts in fresh 10-month...
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Africa’s booming crypto ecosystem welcomes a new exchange platform MARA with backing from the likes of Coinbase Ventures and Alameda Research. East Africa is set to welcome a new cryptocurrency exchange backed by a formidable list of industry heavyweights looking to tap into a continent full of potential users. Coinbase Ventures, Alameda Research, Huobi Ventures...
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