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XRP Price Prediction as $1 Billion Trading Volume Comes in – XRP to the Moon?
29.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com....
Read More: XRP Price Prediction as $1 Billion Trading Volume Comes in – XRP to the Moon?
Blockchain.com Seeks New Funding at $4 Billion Valuation – 70% Decline From Previous Round
28.10.2022
Major crypto company Blockchain.com is allegedly in talks over down-round fundraising that could see its valuation slashed by more than 70%.
The crypto exchange reportedly aims to raise funds at a fraction of the $14 billion valuation it achieved earlier this year, Bloomberg reported Thursday...
Dogecoin Price Prediction as $2 Billion Trading Volume Comes In
28.10.2022
Dogecoin price continues to lead among other crypto majors, bringing its weekly accumulated gains to 30%. The largest meme coin spiked to $0.0848 on Thursday but retraced to close the day at $0.0770....
Read More: Dogecoin Price Prediction as $2 Billion Trading Volume Comes In
Ethereum sets record ETH short liquidations wiping out $500 billion in 2 days
28.10.2022
New all-time highs in short liquidations — at least when measured in dollars — point to overly bearish market sentiment
XRP Price Prediction as Trading Volume Blasts Past $1 Billion How High Can XRP Go?
28.10.2022
The XRP price prediction remains neutral as investors remain uncertain about the ongoing Ripple vs. SEC battle. James K. Filan has reported that the SEC has taken no stance on applications to file amicus briefs by Philip Goldstein, Investor Choice Advocates Network (ICAN), and SpendTheBits in...
Embattled Crypto Platform Freeway’s ‘Billion-Dollar Man’ Isn’t the Insurance Titan He Claims to Be
27.10.2022
Joel Krueger, a Freeway adviser, called himself the “Global Chief Investment Officer” of Aon — but the British insurance giant told CoinDesk that is not true
A record 55,000 Bitcoin, or over $1.1 billion, was just withdrawn from Binance
27.10.2022
Some serious withdrawals are occurring on the world’s biggest crypto exchange by volume
Meta’s Metaverse Business Loses Over $3.5 Billion in Q3 2022
27.10.2022
Facebook-owner Meta recorded a loss of over $3.5bn in the third quarter of this year, as the company continues to burn cash on its new metaverse-related initiative.
Overall, Meta saw its revenue fall 4% in the third quarter, while expenses rose by 19% year-over-year to $22.1bn. Compared to...
EOS proposes a solution to DeFi’s $5 billion insecurity problem
27.10.2022
$5 billion. That’s how much has been cumulatively lost to DeFi hacks and exploits. October 2022 will go down as the worst month on record, with almost $700M lost to a string of attacks that included Mango, Moola, Bond, and Binance Bridge. While centralized crypto platforms have their own security...
White House Says Reports of National Security Reviews on Elon Musk Are ‘Not True’ — Tesla CEO Prepares to Close Twitter Deal Friday
26.10.2022
The White House has clarified that the Biden Administration is not discussing subjecting Elon Musk’s ventures to national security reviews. The Tesla CEO is reportedly preparing to close the $44 billion Twitter buyout deal by Friday to avoid a court trial. No National Security Reviews on Elon...
Bitcoin liquidates over $1 billion as BTC price hits 6-week highs
26.10.2022
The tally of "rekt" traders keeps mounting as Bitcoin revisits levels absent since September
MakerDAO to Move $1.6 Billion USDC into Coinbase Custody – Here’s What You Need to Know
26.10.2022
MakerDAO (MKR), the decentralized organization that manages the stablecoin DAI, will move $1.6bn of its USD Coin (USDC) reserves to Coinbase to earn a yield of up to 1.5%....
Read More: MakerDAO to Move $1.6 Billion USDC into Coinbase Custody – Here’s What You Need to Know
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
22.10.2022
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down...
Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months
22.10.2022
In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin...
Bitcoin Mining Revenue in Russia Grew 18 Times in 4 Years Before ‘Worst Quarter’
21.10.2022
Russian revenues from the minting of bitcoin saw a multifold increase in the past few years before declining significantly since this past spring. The findings come from a new study which also established that the sector was growing during both ups and downs in the crypto market. $1.4 Billion...
Digital Asset Investments See $12 Million Inflows as Total Assets Under Management Reaches $25 Billion
18.10.2022
Inflows into digital asset investment products reached $12m last week, marking a strong improvement from the net outflows recorded the week before. Total assets under management (AuM) in crypto investment funds has now reached $25bn....
Read More: Digital Asset Investments See $12 Million Inflows...
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
17.10.2022
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market...
Close to 60,000 BTC Erased From Bitcoin Treasuries in 9 Months, 4 Entities Hold More Than 100K BTC
17.10.2022
During the last two years, a number of public and private companies, exchange-traded products (ETPs), and countries have added bitcoin to their balance sheet. However, during the last nine months of 2022, the number of bitcoin stored in these types of treasuries dropped by 57,481 bitcoin, worth...
Crypto Billionaire Sam Bankman-Fried No Longer Looking to Spend $1 Billion on Political Donations
17.10.2022
FTX CEO Sam Bankman-Fried has made a U-turn on his statement to spend up to or even more than $1 billion in political donations in the run-up to the 2024 United States presidential election.
Back in May, the 30-year-old billionaire said he plans to give “north of $100 million” in the next...
Report: South Korean Prosecutors Seek Software to Track and Monitor Crypto Transactions
17.10.2022
South Korean prosecutors investigating a $7.22 billion money laundering case are reportedly seeking to acquire virtual currency tracking software to be used in monitoring crypto transactions. South Korean financial authorities also believe there is a tax evasion angle to the case. Real-Time...