Bloomberg’s Senior Commodity Strategist Mike McGlone recently appeared as a guest market commentator on Kitco News, where he presented his views on the current market situation, with an emphasis on cryptocurrency markets. Among other things, he predicted that Bitcoin would outperform all other assets in the world and…
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Once an almost $3 trillion market cap back in mid-November of last year, the current crypto market cap has just fallen under $1trillion. Bitcoin is leading the way, but alts are getting slaughtered. The down trend in the crypto market is definitely picking up steam as the…
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Recall that rumors of insolvency began to build around the platform in May, prompting Celsius CEO, Alex Mashinsky, to deflect blame for the problems to “shadowy Wall Street opportunists”.
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Traders took a heavy beating in the last 24 hours with over 180,000 seeing their positions liquidated, with bitcoin losing the most. The post Mass Liquidations Hit Traders as Crypto Market Takes a Tumble appeared first on BeInCrypto.
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Atmos Labs, which is building a "play-and-earn" metaverse, has raised $11 million in a seed funding round. The post Alan Howard joins $11 million seed round for metaverse developer Atmos Labs appeared first on The Block.
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Over the past week, Ethereum [ETH] has noted its third-highest drop in 2022 after the May crash and the January dip. Simply put, it has been falling for the second consecutive month. This 21.52% depreciation has killed the hopes of investors who were expecting a return to…
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Crypto exchange Huobi Global launched a new venture capital arm aimed at investing in upcoming blockchain, web3 and DeFi projects. The spinoff is called Ivy Blocks, and has over $1 billion in assets under management as part of its “war chest,” the exchange said in a statement.…
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Limoverse, the metaverse for health and wellness, has announced that the project has been audited by Certik, a pioneer in blockchain security. The security audit identifies and eliminates security vulnerabilities in blockchains, smart contracts, and Web3 apps using rigorous and thorough cybersecurity measures. Limoverse offers users a…
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Still, most traditional hedge funds are just dipping their toes, according to the report, as 57% have less than 1% of total AuM in digital assets. The post PwC survey sees more hedge funds investing in crypto, in spite of volatility appeared first on The Block.
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Ethereum developer Tim Beiko said yesterday that the highly anticipated Merge would happen between August and November, and only a catastrophic event or failure will prevent it from happening this year. The post Ethereum Merge Will Happen Between August and November, Says Developer Tim Beiko appeared first…
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