Celsius Network Breaks Silence in a Recent Blog Post
Celsius releases a new blog, breaking its silence to address its community about what is happening. However, the blog doesn’t seem to enlighten the users with the slightest hope of…
FTX reportedly buying BlockFi for $25 million; deal sees equity investors “wiped out”
Crypto exchange FTX is reportedly closing in on a deal to buy crypto lender BlockFi, CNBC reported, citing sources close to the matter, The deal is reportedly set at $25…
USDC Exchange Reserves Rise As Investors Escape From Bitcoin
On-chain data shows the USD Coin exchange reserves have gone up recently, suggesting that investors may be exiting volatile markets like Bitcoin. USD Coin All Exchanges Reserve Has Been Climbing…
FTX Reportedly Shopping BlockFi At 99.5% Discount, CEO Shoots Down $25M Figure
Imagine it is March 2021, and you’re leading a funding round where you’ve raised $350 million at a $3-billion valuation. Now it’s July 2021, and you’re to raise $500 million…
Bitcoin Trading Volume Sinks Down Almost 60% In 9 Days
Data shows the Bitcoin spot trading volume has dropped down almost 60% since the recent high, suggesting activity has severely fallen. Bitcoin Weekly Trading Volume Rises Sharp, And Then Falls…