Bitcoin
Crypto Mining Rig Maker Canaan's Q4 Revenue Sunk 82% to $56.8M
The firm reported Q4 net loss per ADS of 38 cents compared to $1 for the same period in 2021. Source link
Month: March 2023
Market Analysis
Shiba Inu (SHIB) Price Could Be Nearing End of Correction
The Shiba Inu (SHIB) price is attempting to bounce above multiple support levels. If successful, this could confirm that the correction is done. The SHIB price has dropped since its yearly high of $0.0000157 on Feb. […]
Market Analysis
FLOKI price surges as trading on WazirX starts
WazirX is India’s largest crypto exchange. FLOKI is scheduled to start trading on WazirX on March 7, 2023. FLOKI has risen by about 11% today. The biggest cryptocurrency exchange in India WazirX recently announced the […]
Bitcoin
Ether Call Options Look Attractive Relative to Bitcoin as Volatility Spread Dwindles
Volatility is mean-reverting and has a positive impact on options prices. In other words, periods of unusually low volatility are followed by increased price turbulence, which, in turn, boosts demand for options, making them pricier. […]
Market Analysis
Silvergate Insolvency Concerns Raise Hopium for Stablecoins
Stablecoin volume is rising as the latest crypto bank fallout – Silvergate – continues to worsen. Silvergate, the crypto-friendly bank, is facing a customer exodus and a steep decline in share price as the bank […]
Market Analysis
Yuga Labs’ inaugural Bitcoin NFT auction nets $16.5M in just 24 hours
Yuga Labs has concluded its first inaugural Bitcoin Ordinal NFT collection auction. The collection comprises a limited edition of 300 generative pieces inscribed on Satoshis on the BTC network. The auction brought in $16.5 million […]
Market Analysis
Coinbase Has Been Sued Over Failing to Protect Customers
America’s largest crypto exchange Coinbase is refusing to take responsibility for a security breach that resulted in customer losses. On March 7, Bloomberg reported that Coinbase had refused to accept responsibility or refund a hacking […]
Bitcoin
FTX Bankruptcy Special Counsel And Advisers Bill $38 Million for January
FTX’s bankruptcy proceeding has teams of lawyers, investment bankers, consultants, and financial advisers working on the case. Source link
Market Analysis
Vitalik Buterin Dumps CULT, MOPS, and SHIK Tokens for 220 ETH
Vitalik Buterin dumped several tokens in the market, including CULT, MOPS, and SHIK. The prices of most of these have crashed as a result. Vitalik Buterin, after selling off several questions crypto tokens, has netted […]
Market Analysis
Ripple’s (XRP) Price Outlook as Key Resistance Approaches
Ripple (XRP) delivered a flat performance in February. The slow start to March 2023 has now raised major concerns among XRP holders. On-chain metrics suggest bears are poised to take control in the coming weeks. […]