Bitcoin funds saw largest single week of outflows since June 2021
“It is difficult to ascertain the precise reason for this other than the hawkish rhetoric from the US Federal Reserve and the recent price decline,” CoinShares wrote.
MicroStrategy’s Bitcoin impairment charge rises to $170.1M from $146.6M
American business intelligence company Microstrategy released its Q1 financial results on Tuesday. It generated total revenue of $119.3 million in the three months that ended on 31 March 2022, a…
Hacks: Decentralized Finance Should Steal Ideas from Traditional Finance
Hacks in the DeFi world are always in the news. DeFi protocols should start using risk management rule sets and tooling already used in traditional finance, says Kate Kurbanova of…
Ethereum Above $23,000 By 2030: Crypto Experts Share Thesis For Ambitious Target
A panel of industry experts has ambitious price targets in mind for Ethereum (CRYPTO: ETH) over the next few years. What Happened: According to a report from Finder, a panel…
South Korea’s new president delays crypto taxes in favor of consumer protections
The country’s president elect is proving his crypto savvy by declaring there will be no tax on crypto investment gains until legislation can ensure consumer protections.
Ethereum Founder wants L2 transactions to be lower than 5c; Here’s why
The Ethereum network is one of the earliest crypto projects that entered the financial world. The fact that it was nothing like Bitcoin was its USP. It emerged as a…
WSJ says ‘the NFT market is collapsing’ but the data says otherwise
An article by the WSJ suggesting the non-fungible token (NFT) market is “collapsing” doesn’t show the full picture as contrasting analysis reveal a consolidation is instead taking place.
Bitcoin, Ethereum, Dogecoin In ‘Wait-And-See’ Mode Ahead Of Fed Meet: Can A Weaker Dollar Help Cryptos From Here On?
Bitcoin and other major coins failed to find upward momentum on Tuesday evening as the global cryptocurrency market cap fell 1.6% to $1.7 trillion at press time. Price Performance Of…
Who’s Surprised by the SEC’s ‘Power Grab?’
Something like $200 million in various cryptos were stolen, exploited or just plain burned over the past eight days. Given that, is it any wonder that regulators like Gary Gensler…
Gamers are Wrong to be Suspicious of In-Game NFTs
Gamers: Integration of NFTs into video games is still in its early stages, and there is a lot of potential for positive change, says Jonathan Schemoul, CEO of Aleph.im. In…