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Browsing Category
Crypto
Jack Dorsey’s Block May Slash Up To 10% of Staff: Report
Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a…
ARK Sells $22M in Coinbase Shares, Buys Bullish Across ETFs
Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs)…
Bitcoin Is Offering ‘New Crack Of The Apple’ To Institutions: Bitwise CEO
Bitcoin’s drop below $70,000 is being seen very differently by long-time holders and institutional investors, according to Bitwise CEO Hunter Horsley.“I think long-time holders are…
Bithumb Recovers Overpaid Bitcoin, Covers 1,788 BTC Shortfall
South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin.In a Sunday…
Crypto Industry Heading For ‘Massive Consolidation,’ Says Bullish CEO
The crypto industry is likely to see more projects snapped up by larger companies, which may lead to a much less fragmented sector in the months ahead, says Bullish CEO Tom…
Crypto Retail Investors Are Trying To ‘Meta-Analyze’ Market
Retail investors are scrutinizing the crypto market for signs that it may have bottomed out to gauge when to buy more crypto assets, according to crypto sentiment platform…
23% of Investors Forecast Rate Cut at March FOMC Meeting
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee.!-->-->…
CFTC Amends Guidance, Includes National Trust Banks As Stablecoin Issuers
The Commodity Futures Trading Commission (CFTC), a US financial regulator, reissued a staff letter on Friday to expand the criteria for payment stablecoins to include national…
Bitcoin Mining Difficulty Drops by 11% Amid Steep Market Downturn
The Bitcoin network mining difficulty, a metric tracking the relative challenge of adding new blocks to the Bitcoin (BTC) ledger, fell by about 11.16% in the last 24 hours, the…
South Korea gets rich from crypto… North Korea gets weapons
In Seoul, crypto is loud and hard to ignore. In Pyongyang, it moves in silence, but its impact spreads far beyond the country’s closed borders.
The two Koreas are…