Crypto
Goldman Sachs Downgrades COIN, as Stock Slides -79% YTD
As the market capitulation intensifies, Coinbase stock suffers blows caused by its dwindling revenue.
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Crypto
SBF, Leader of Recent Crypto Bailouts, Says Some Exchanges are ‘Already Secretly Insolvent’
Sam Bankman-Fried has claimed that some crypto exchanges are "too far gone" to be saved.
Crypto
Interest in “NFTs” Hits 0 on Google Search: Is the Hype Over?
General interest in NFTs fade as the market downturn starts taking its toll on the young asset class.
Crypto
CoinFLEX Tokenizes $47M Client Debt, Offers 20% APR on It
CoinFLEX aims to turn a whale's debt into a token in order to raise funds and resume withdrawals on its platform.
Crypto
On-Chain Data Suggest Bitcoin Selloff Driven by Spot Markets, Not Futures
Amidst the growing negative market sentiments, on-chain statistics indicate that recent selloff wasn't driven by derivatives.
Crypto
Goldman Sachs Plans to Raise $2B for Buying Celsius’ Assets if Firm Goes Bankrupt
Goldman Sachs reportedly aims to raise $2 billion to buy Celsius’ assets if company that once aimed to bank the unbanked goes bankrupt.
Crypto
ApeCoin Up 4.7% After NFTs Appear in Eminem and Snoop Dogg Music Video
BAYC continues to enter the mainstream with new appearance in a rap video.
Crypto
Bitcoin’s Maturity: How Non-Crypto Macro Factors Are Impacting the Digital Asset
In what looks like a coming-of-age story, Bitcoin has been tossed about by more than just crypto-related headlines for a while now, suggesting maturity.
Crypto
Solana Unveils its Crypto-Native Smartphone: Plan to Launch Early 2023
Solana developers want to be ahead of the curve by putting web3 in the hands of users, proverbially and literally.
Crypto
Demand for the First Short Bitcoin ETF Heats Up: $35M Traded on Day After Launch
After a slow start, the first short Bitcoin ETF nearly quadrupled its trading volume during the second day.
Crypto
ETH Hashrate Drops 10% as Falling Price and Rising Energy Costs Trouble Miners
Rising energy costs, crypto market decline, and Ethereum's upcoming shift to POS delivers a triple whammy for miners.
Crypto
BTC Holds $20k as Inflation Reaches 40-Year High in UK, US, and Canada
UK, Canada, and the US face 40-year high inflation as Bitcoin finds a new support level.
Crypto
CEL Hits $1.5 But “Short Squeeze” Gains Quickly Wiped Out
Celsius remains in red despite attempts by the community to orchestrate a short squeeze.