Bitcoin (BTC) has never seen death cross on its weekly chart before

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion GRT recorded a sharp drop as bears took control of the market.  Short-term sell pressure was still high at press time.  The Graph [GRT] hit a crucial support level, but the prevailing sell pressure […]

Non-fungible tokens on Bitcoin’s network are now a thing, and they quickly become a heavily debated topic within the BTC community. With arguments for and against, what seems to be the biggest sale so far is already a fact. The project in question is called Ordinal Punks, and the NFT is Punk #94. This is […]

Stablecoin issuer Tether reported a $700 million profit for the fourth quarter of 2022, according to its latest attestation report published on Feb. 9. The company said it has an excess reserve of at least $960 million as of Dec. 31. Its total assets stood at $67.04 billion, while its liabilities were $66.08 billion — […]

Aave, a crypto lending platform, is currently one of Ethereum’s largest DeFi products. MakerDAO, on the other hand, facilitates the generation of DAI stablecoin. MakerDAO is planning to launch a crypto lending platform called Spark Lend to rival Aave. MakerDAO, the DAO of the giant decentralized finance (DeFi) protocol Maker and the facilitator of the […]

Las Vegas-based company Coin Cloud, known for operating over 4,000 Bitcoin ATMs across the United States and Brazil, has announced its filing for Chapter 11 bankruptcy protection.  With liabilities estimated between $100 million and $500 million, the firm’s largest creditor is Genesis Global Trading, a subsidiary of Digital Currency Group, according to the court filing. Bitcoin […]

Despite the fact that India has recently joined the race for a central bank digital currency (CBDC), the Indian government does not want to expedite its central bank digital currency (CBDC) trial. Since the Reserve Bank of India (RBI) introduced the digital rupee trial last year, India’s newly announced CBDC pilot has gathered 50,000 customers […]

Revolut has launched a robust staking service for Ethereum, Cardano, Polkadot, and Tezos. The staking service is projected to introduce millions of users into the crypto world. British financial technology startup Revolut has announced the launch of its staking service for a limited range of digital currencies. According to a report by Decrypt, the supported […]

Cardano is outperforming major blockchains

Despite processing $21 billion in redemptions, stablecoin issuer Tether reported that it still generated $700 million in profits last quarter.