Investors pulled out some $143 million from digital asset funds as confidence in crypto is flailing. Crypto fund assets under management fell to the lowest since July 2021 last week because of the recent price crash in cryptocurrencies and equity markets that has been partly driven by the U.S. Federal Reserve’s move to reduce its balance sheet […]
Crypto Funds Shrink to Lowest Since 2021 Summer Bear Market Read More »
GeneNFTs may be a game-changer for genomic testing, but user education is still needed in order for this model to advance. It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine.
Genomics company explores NFTs in hopes of advancing precision medicine Read More »
Balenciaga, a luxury fashion house, will begin accepting bitcoin and other cryptocurrencies as payment online and in select physical locations. Balenciaga, a Kering-owned luxury fashion house, will begin accepting bitcoin and other cryptocurrencies as payment. First, flagship stores located in the U,S. and Balenciaga’s website will trial the new payment feature with further roll-outs expected
BALENCIAGA TO ACCEPT BITCOIN, CRYPTO AS PAYMENT Read More »
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the crypto market.” Bitcoin and Ether
CFTC Chairman Confirms Bitcoin, Ether Are Commodities Read More »
Over the past few weeks, the crypto market has been filled with one form of turmoil or the other, pushing a far bigger onslaught in the cryptocurrency ecosystem. The plunge in price across the board has dragged off the combined crypto market cap gains, which slumped below $1.15 trillion in the trailing 7-day period. At the time
LUNA Charts a Bullish Course as Crypto Markets Opens Monday With Gains Read More »
Aversion to risk remains as volatility returns to stocks and cryptos. Bitcoin (BTC) traded in a choppy range over the past week as volatility ticked higher. That could reflect uncertainty among crypto traders. BTC was down by 3% over the past 24 hours and is roughly flat over the past week. Meanwhile, several alternative cryptos
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform Read More »
If the crypto community can successfully decentralize the internet, “it’s a future really worth getting excited about,” said NFT3 founder Dylan Dewdney. Attendees to the BlockDown Croatia 2022 festival were witness to Cointelegraph’s discussions around sociopolitics of the Web3 ecosystem, nonfungible tokens (NFT) and the Metaverse. It turns out that ongoing innovations across the crypto ecosystem
Web3, NFTs, Metaverse: The tools for a truly decentralized future Read More »
The Bitcoin Pizza Day story is one of the technology’s most historic tales, but even if you know the Bitcoin pizza price, these facts might surprise you. May 22 is now forever known as Bitcoin Pizza Day, the holiday marking the date in 2010 when the first real-world good was bought with the first decentralized
7 SURPRISING FACTS ABOUT BITCOIN PIZZA DAY Read More »
KEY POINTS The Nasdaq dropped 3.8% this week, notching its seventh straight weekly drop. It’s the tech-heavy index’s longest weekly losing streak since 2001 during the dot-com bust. The Nasdaq is 29% off its record reached in November, while the S&P 500 briefly fell into bear market territory on Friday, down 20% from its high.
Tech stocks are mired in their longest weekly losing streak since dot-com bust Read More »
The collapse of LUNA and UST, the native tokens of the Terra network, could have been avoided if the Luna Foundation Guard (LFG) had used its Bitcoin reserves earlier, according to Binance CEO Changpeng Zhao (CZ). Sharing his insights on the Binance website, CZ noted: “The Terra team was slow in using their reserves to
