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Hayes Asks ‘Forgiveness’ for Calling Ethereum a Shitcoin, Doubles Down on ETH
5.8.2022
Former BitMEX CEO Arthur Hayes apologized for calling Ethereum (ETH) a shitcoin years ago and argued that the Merge is “extremely bullish” for the price of ETH.
In his latest essay, Hayes took a look back at his previous statements on Ethereum, as well as a look forward to discuss the upcoming...
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
5.8.2022
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
4.8.2022
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022....
Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report
4.8.2022
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report...
Microstrategy Outperforms Every Asset Class and Big Tech Stock Since Adopting Bitcoin Strategy, Says CEO
4.8.2022
Microstrategy (MSTR) has “outperformed every asset class and big tech stock” since the company adopted a bitcoin strategy and started accumulating the cryptocurrency in its corporate treasury, says CEO Michael Saylor. The pro-bitcoin executive will be stepping down as the CEO...
Robinhood CEO Shuts Down FTX M&A Chatter, Says He Has Money to Do His Own Deals
4.8.2022
Robinhood has $6 billion in cash in the event the brokerage wanted to explore potential acquisitions, CEO Vlad Tenev said Wednesday
MicroStrategy’s Saylor Says Stepping Down as CEO Will Let Him Focus More on Bitcoin
3.8.2022
The bitcoin (BTC)-keen American software firm MicroStrategy could pivot even further toward BTC – despite the announcement that its co-founder Michael Saylor will step down as CEO on August 8....
Read More: MicroStrategy’s Saylor Says Stepping Down as CEO Will Let Him Focus More on Bitcoin
Michael Saylor will step down as MicroStrategy CEO but will remain executive chair
2.8.2022
The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its strategy of "acquiring and holding Bitcoin."
To Unplug or Double Down? Crypto Mining in Crypto Winter
2.8.2022
Tough market conditions are forcing miners into tough decisions. Jeff Wilser checks in with Econoalchemist, a long-time pseudonymous miner
Biggest Movers: APE Hovers Close to 2-Month High, FIL up Nearly 70% in Last Week
1.8.2022
Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days....
FCA cracks down on the ads of high-risk assets, but not crypto
1.8.2022
British financial watchdog will tighten the guidelines for promoting high-risk products to individual investors
Connected Africa 2022 to Lay Down the Foundation for Connectivity in the Digital Era
1.8.2022
The International Center for Strategic Alliances (ICSA), organizers of Connected Africa 2022 – Africa’s Leading Telecom and Digitization Summit is all set to go live with the 2nd Edition of the Summit, which is themed around Championing Connectivity in the Digital Era. The One-day Summit will...
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Renowned Investor Jim Rogers Warns ‘the Worst’ Bear Market in His Lifetime Is Incoming
31.7.2022
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned that more bear markets are coming and the next one will be “the worst” in his lifetime. Noting that many stocks will go down 90%, he stressed that investors will lose a...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
30.7.2022
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
30.7.2022
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After...
WisdomTree's Q2 Average Crypto Assets Down Nearly 12% YoY to $265M
29.7.2022
Asset manager WisdomTree (WETF) managed crypto assets worth $265 million in Q2, a decrease of nearly 12% compared to the equivalent figure of $300 million a year ago
Pocket DAO Passes Two Key Proposals on Node Incentives
28.7.2022
PRESS RELEASE. Pocket Network, a decentralized Web3 infrastructure provider that services blockchain data requests for applications and developers, is implementing key protocol changes after its community DAO voters rallied to boost network efficiency and bring costs down. As of late June,...
Stray Strikes Down God Of War As Steam’s Best-Reviewed Game
27.7.2022
Stray and its little-cat-that-could is winning over literally everyone, even on PC, where it’s struggled a bit in the performance category. According to Steam250.com’s 2022 rankings, the game’s glowing Steam user reviews now place it above the year’s previous best-reviewed games, including...
NFT Sales Volume Slips 8% Lower Than Last Week — Moonbirds, Electricsheep, Moonbirds Oddities Lead in Sales
26.7.2022
During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like...