BlockFi says its intention is to remain profitable amid the tough market conditions. Crypto platform BlockFi has announced that it is cutting its employee numbers by 20%, following in the footsteps of other major companies […]
Tron founder Justin Sun tweeted Monday that the funding rate on the Binance exchange for betting against, or “shorting,” the Tron blockchain’s native TRX token stood at negative 500%, a whopping rate that suggests many […]
As firms shiver from the harsh effects of the crypto winter, Binance has announced plans to aggressively expand its reach by hiring and striking lucrative deals. Changpeng Zhao, Binance’s CEO, has shared plans for the […]
Stocks like MicroStrategy (MSTR), Coinbase (COIN) and the cryptocurrency miners are all reeling in premarket action on Monday, with macro headwinds continuing to rattle global equity markets, and the Celsius network suspending withdrawals adding to […]
It’s safe to say that non-fungible tokens have seen better days as liquidity dries up amid a broader market downturn and collapsing prices. Amid all this, an investor has let go of an NFT they […]
Bank of England Governor Andrew Bailey has said that crypto has no intrinsic value following the implosion of crypto lending platform Celsius. Source link
The cryptocurrency market has lost more than $200 billion over the past few days, and many attribute the crash to Celsius’s withdrawal changes. <Body> The cryptocurrency market experienced another crash over the weekend. The total […]
Companies such as JPMorgan (JPM), PayPal (PYPL), Block (SQ), Tesla (TSLA), Mass Mutual (MCI), CME Group (CME), ICE (ICE), Fidelity and Northern Trust (NTRS) have all began to embrace the concept of crypto, and some […]
“Some of the most important companies in the world like Apple [AAPL], Microsoft [MSFT] or Nike [NKE] have already reported slowdowns in sales, and Tesla [TSLA] has indicated that layoffs will come soon. These are […]
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