Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
“Diamond Hands” is a popular meme by the “WallStreetBets” Reddit forum in reference to investors who believe that their investments will be eventually profitable and keep them holding even if the asset price drops.
BTC has once again tanked over 50% in high-volatile trading since its all-time high last month wiping off all the 2021 gains. However, the crypto has recovered back from its Wednesday low of $30,000.
In a report entitled “investment rationale for cryptocurrencies”, Wells Fargo mentioned that their decision was based on the stability and viability of crypto as an asset.
The series of events has pushed the global crypto market cap from the highest point of about $2.4 trillion in the past week to a low of $1.73 trillion.
The unique nature of crypto loans means that they carry a number of advantages over traditional forms of lending for both the lender and the borrower.
Markets are witnessing a selloff in Bitcoin and price appreciation in Digital Yuan due to funds shifting towards more stable cryptocurrencies backed by large nations.
Attrace has now launched its referral marketplace in testnet mode, allowing NFT issuers to test the process of listing assets and promoters to flex their referral capabilities.
Vega protocol, a Web3’s native derivative, is designed to ensure a high-quality and efficient trading platform is available for anyone, regardless of what part of the globe one is located.
Welthee is able to make it easy for investors to create passive income streams with zero fees and low variable risk on its platform.
In its defense, Apple noted that its actions have been and are justified to protect its customers from bad actors.
Ark Invest’s Cathie Wood said that most of the Bitcoin transactions shall be controlled by renewable energy in the future. Besides, she is more bullish on the arrival of Bitcoin ETF post the price crash.
Currently, the market value of Tesla’s stake in Bitcoin is totaling approximately $1.26 billion, assuming the $2.48 billion value that was recorded at the end of last quarter has fallen by 49% as the trading value has done. TSLA stock was in red yesterday.
The purchase of BTC at a time that the crypto market is shedding huge losses shows that Justin Sun is bullish on the top coin.
DeFi continues to gain momentum as more in and outside the crypto world understand its immense potential. Take a look at some of the most promising DeFi projects.
Out of the over $3.8 billion worth of cryptocurrencies liquidated, $2.1 billion came from Bitcoin trades, $1.01 billion from Ethereum trades with $115.4 million coming from XRP trades.