News

Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.

The Bear Market Takes Over Bitcoin (BTC) and Ethereum (ETH): VC Spectra (SPCT) Is the Winning Play

Press Release By Kseniia Klichova August 22nd, 2023

Bitcoin (BTC) and Ethereum (ETH) are the leading cryptocurrencies that affect the whole market. However, they have recently fallen victim to the bear market. Only a few tokens have survived this massive drop.

Binance Decries Suspension of SEPA Withdrawals

Blockchain News, Cryptocurrency News, News

By Babafemi Adebajo August 22nd, 2023

With the US SEC case against Binance also gathering steam, Binance may be finding it hard to secure banking partners.

Court Grants Sam Bankman-Fried 7 Hours of Freedom Ahead of Criminal Trials

Blockchain News, Cryptocurrency News, News

By Mayowa Adebajo August 22nd, 2023

In his first trial, which begins on October 2, SBF faces at least seven fraud-related charges over his activities at FTX.

Altcoin News, Bitcoin News, Blockchain News, Cryptocurrency News, Ethereum News

Bitcoin and Ether Stabilize while Other Altcoins Enter Deep Correction

By Bhushan Akolkar August 22nd, 2023

While the BTC and Ether prices try to stabilize, altcoins like XRP, Cardano, Solana, and Polygon continue to extend losses further.

Press Release

Finst Becomes First Dutch Cryptocurrency Platform to Release an Extensive Proof of Reserves

By Chainwire August 22nd, 2023

Amsterdam-based cryptocurrency exchange Finst announces the successful release of its Proof of Reserves (PoR) conducted by a reputable and independent audit firm.

By Mercy Tukiya Mutanya August 22nd, 2023

Market News, News

30-Year Mortgage Rate Hits 7.48%, Highest Point since 2000

By Mercy Tukiya Mutanya August 22nd, 2023

The higher mortgage rates serve to make the supply situation worse as homeowners are unwilling to list their properties as most of them have rates around or below 3%.

Market News, News

Major Covid Vaccine Stocks Rise as Sensitization Efforts Set to Begin Due to New Variants

By Tolu Ajiboye August 22nd, 2023

Covid vaccine stocks, including Moderna, BioNTech, and Novavax have all closed higher as new vaccinations and treatments roll out.

Blockchain News, Cryptocurrency News, News

Viral Social dApp Friend.tech Gains 100K Users Even in Bear Market

By Bhushan Akolkar August 22nd, 2023

Some of the popular NBA players like Grayson Allen have enrolled on Friend.tech driving the popularity of the platform higher.

Market News, News, Story of the Day

SoftBank-backed Arm Announces Public Filing of Registration Statement for Proposed NASDAQ IPO

By Steve Muchoki August 22nd, 2023

Arm was acquired by SoftBank in 2016 for $32 billion and expects to return to public trading to compete with other chip designers and manufacturers.

News

Zoom Reports Better than Expected Results for Fiscal Q2 2024, ZM Shares Up Nearly 4%

By Steve Muchoki August 22nd, 2023

Zoom announced that its Q2 revenue came in at about $1.138 billion, up 3.6 percent YoY.

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