Crypto
LUNA Falls Below $1 After Do Kwon Endorses Proposal to Save UST
Do Kwon endorsed a community proposal that would increase minting capacity in an effort to “absorb the UST more quickly.”
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Crypto
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Crypto
Jack Dorsey Calls Coinbase a “Casino”: COIN’s Market Cap Down $85B Since IPO
Coinbase has lost around $85 billion in market cap since going public. The company's shares are down by around 87%.
Crypto
LUNA Drops ~50% in a Day as UST Peg Fails
Decentralized stablecoin UST lost its dollar peg, dropping to as low as $0.6841. Meanwhile, its sister token Luna dropped by around 50%.
Crypto
Bitcoin Adoption Spikes in Turkey as Annual Inflation Hits 70%
With inflation reaching new highs, Turkey is turning to Bitcoin.
Crypto
MicroStrategy Down 46% YTD, Will Get Margin Called if BTC Falls Below $21k
Microstrategy could face a margin call over its Bitcoin-backed loan if the Bitcoin price drops below $21,000.
Crypto
New US Bill Says Blocking Bitcoin in 401(k) Accounts Government Overreach
Does freedom of choice extend to 401(k) retirement plans?
Crypto
Crypto Market Cap Down $144B after Stocks Plunge
Following the sharp drop in US stocks on Thursday, the crypto market lost a collective $144 billion in market cap.
Crypto
New S. Korean President Likely to Overturn 2017’s ICO Ban
Yoon Suk-yeol's Presidential Transition Committee will likely allow domestic ICOs in South Korea.
Best Stocks
Bitcoin Could Outperform Equities Despite Rate Hike, Report Suggests
Bitcoin continues to separate itself from other risk-on assets with increasing bullish behavior.
Crypto
Elon Musk Mocks Twitter’s NFT Integration Using BAYC PFP
Judging by Musk's past actions, we may see a poll deciding whether Twitter should host NFTs or not.
Crypto
El Salvador Has No Takers for its Volcano Bonds: Some Fear Country Near Default
El Salvador's volcano bonds haven't received any investment, which deepens concerns about how the country would pay a $800 million debt repayment due early 2023.
Crypto
ApeCoin to Integrate with Polygon After Causing Ethereum’s Largest Gas Spike with NFT Mint
Yuga Labs turns Ethereum's "lights off" as metaverse minting NFT minting code was poorly optimized.
Crypto
Cybersecurity Expert Thinks Bitcoin Investing is Gambling, but these Hedge Fund Managers Disagree
From "gambling in a rigged game" to a legitimate asset class, many still argue what Bitcoin truly is.