Fastex, a Web 3.0-driven ecosystem offering a diverse product range, is happy to announce its initial exchange offering (IEO) of Fasttoken (FTN), offering early holders an opportunity to join the project. The IEO is set to take place from January 18 to January 20, 2023, with a limited number of 10 million tokens available for […]

Barry Silbert’s crypto conglomerate, Digital Currency Group (DCG), revealed halting quarterly dividends until further notice. In an email to shareholders, as viewed by Bloomberg, the crypto investment firm said it is currently focused on “reducing operating expenses and preserving liquidity” in response to the current market environment. Troubles for DCG The FTX collapse exposed significant […]

Solana is a decentralized blockchain network that aims to provide a fast, secure, and scalable platform for decentralized applications and financial services. It uses a […]

Genesis Global Capital is preparing to finally file for bankruptcy after FTX’s collapse blew a hole through the company’s financials, according to people familiar with the matter.  The bankruptcy may be filed as soon as this week. Per a report from Bloomberg on Wednesday, talks over the bankruptcy are still ongoing, and plans could change.  […]

In an exciting and positive turn of events for the overall crypto markets, two of the biggest cryptocurrencies are showing signs of recovery and growth. […]

Cryptocurrency news company Coindesk is seeking a buyer through investment bankers, The Wall Street Journal reported Jan. 18. Coindesk CEO Kevin Worth told the Journal that his company has “received numerous inbound indications of interest” in recent months. Worth did not indicate which companies are interested in buying Coindesk. However, he told the news outlet […]

Bitcoin price is showing signs of getting overheated on daily timeframes using the Relative Strength Index (RSI). The tool, typically used to spot overbought conditions, is at one of its highest levels ever historically. However, an elevated RSI reading in BTCUSD is deceiving, leading to some of the most dramatic moves ever on the cryptocurrency’s […]

Rarible announced on Jan. 18 the launch of its marketplace builder for polygon-based non-fungible token (NFT) collections.

Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit – Realized Loss. Quick Take As Bitcoin surged from $17k to $21K starting from Jan. 11, investors took the opportunity to make profits. Investors have taken nearly $2B in realized profits since Jan. 11. […]

Arbitrum and Optimism raked millions in profit despite the extended bear market that hammered decentralized finance (DeFi) activities and Ethereum (ETH) valuation in 2022. Arbitrum And Optimism Win Big Per on-chain data shared on Twitter, Arbitrum, and Optimism, general-purpose Ethereum layer-2 platforms, made 2,906 ETH and 2,086ETH, respectively. In USD terms, it translates to around $4.6 […]