One of the largest rating agencies in the U.S., Fitch Ratings, has downgraded El Salvador’s long-term default rating deeper into junk status, citing risks from adopting bitcoin as legal tender as a key reason. “The […]
Hayvn, an Abu Dhabi-based crypto trading firm, is courting institutional investors for a Series B round with a view to eventually list, Reuters reported on Wednesday. Source link
According to the announcement, the proposal was agreed on by the Bank of Russia, Ministry of Finance, Ministry of Economic Development, Federal Taxation Agency, anti-money laundering watchdog Rosfinmonitoring and the key law enforcement bodies: Ministry […]
Miners sold their bitcoin holders as prices of the asset fell last month, data showed. Source link
Bitcoin dipped alongside stocks after US inflation came in hotter than expected at 7.5% year over year After dipping below $44k, BTC price recovered to within $45k as analysts outlined potential movements for the flagship […]
The company raised $85 million in an equity round and $300 million in debt financing. Source link
Bitcoin’s volatile price means it is unlikely to be adopted as an inflation hedge by investors in developed countries. Source link
Global investment company KKR is in talks to join Animoca Brands’ latest financing, taking its funding from the round to around $500 million. Source link
The Graph (GRT) has bounced considerably since its Jan. 24 lows, but has yet to reclaim a crucial horizontal resistance level. It has to do so in order for the trend to be considered bullish. […]
Share this article The market is reacting negatively to the consumer price index’s report on U.S. inflation. Bitcoin, Ethereum Dip on Inflation Update U.S. inflation has hit a 40-year year-on-year high, and crypto assets are […]
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