Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?
Outflows have been the order of the day since the price of cryptocurrencies such as Bitcoin had begun to crash. The same sentiment had spread through individual as well as…
Bitcoin Mining Facility Shut Down Following Sharp Decline In Miner Profitability
Bitcoin mining has been seeing a decline in profitability in recent times. This comes as no surprise given the drop in the value of the token and since profitability largely…
Why Celebrity-Backed Crypto Scams are on the Rise in the UK
Banco Santander has been the first to raise the alarm about this case that is occupying the efforts of regulators. Case volumes are up 61% in the first from the…
3,779 ETH Worth $4M Was Just Burned
What happened: On Monday a total of 3,779.50 Ether (CRYPTO: ETH) worth $4,495,824, based on the current value of Ethereum at time of publication ($1,189.53), was burned from Ethereum transactions.…
Tezos Brings TezAsia Hackathon To Drive Innovation in the Web3 Arena
Tezos India and TZ APAC co-organized a month-long hackathon starting July 10.TezAsia hackathon aims to accelerate innovation-based culture in the Web3 arena.The prize pool for the event is $200,000. Blockchain…
New York Community Bank to Hold Assets Backing Circle’s USDC
The partnership marks the first time for a community bank to custody reserves for a stablecoin.
Why Crypto Is “Likely To Dump” As It Lags The S&P 500, Expert Says
Bitcoin remains stuck at its current levels. The number one cryptocurrency has been unable to push upwards and could be in danger of revisiting its yearly lows. Related Reading |…