May 19, 2022

BitSwapNow Offering Exchange Service for Over 350 Different Cryptocurrencies.

BitSwapNow is a simple and fast cryptocurrency exchange service allowing customers to exchange over 350 different digital currencies instantly on this platform

May 19, 2022

AIOW, NFT Launch Game-Changing Platform Out To Redefine The Social Media Landscape

May 18, 2022

TowerDogz NFT Introducing New Discord and other community channels to increase outreach participation for NFT growth in Metaverse

Join the Discord and Redditt communities of the fastest growing NFT in the Metaverse and explore new opportunities for investment.

May 17, 2022

MetaShare Presents a Unique Metaverse NFT Opportunity for Crypto Collectors and Enthusiasts

May 12, 2022

Yellen Says Terra Meltdown Demonstrates Crypto Stablecoin Risks

(Bloomberg) -- Treasury Secretary Janet Yellen gave the US government’s most forceful response yet to the meltdown of TerraUSD, saying that the crypto stablecoin’s woes underscore the risks associated with the asset class.

May 11, 2022

TerraUSD Backers Seek $1.5 Billion to Prop Up Stablecoin: Cashaa

The backers of the TerraUSD algorithmic stablecoin are trying to raise about $1.5 billion to shore up the token after it crashed from its dollar peg, according to Kumar Gaurav, the founder and chief executive of crypto liquidity provider Cashaa.

May 10, 2022

Bitcoin Chart Points to Next Key Level: 2017’s Bull Market Peak

Bitcoin could be in for more pain if it takes another leg down, based on a so-called point and figure analysis. Another 10% drawdown (as marked by red o’s) would drag it below the recent support zone (highlighted by the parallel white lines). If that happe...

May 10, 2022

EU’s Joint Debt Plan, ECB Pay Tension, Fed’s Warning: Eco Day

Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day.

May 9, 2022

Bitcoin Washout Is Leaving Mom-and-Pop Buyers Holding the Bag

There’s a crypto refrain when prices crash precipitously like this: The selloff is washing out the short term-focused non-believers, known as weak hands, strengthening the industry in its wake.

May 9, 2022

Bitcoin Recovers After Briefly Crashing Below $30,000

Bitcoin rebounded from a swoon below $30,000 as a selloff in stocks eased and a bout of calm washed across global markets.

May 9, 2022

MicroStrategy’s Stock Plunge Deepens as Bitcoin, Miners Slump

Shares of MicroStrategy Inc. fell by the most since 2017 as the company, often used as a proxy for Bitcoin, followed the world’s largest cryptocurrency lower amid a broader selloff in risk assets.

May 9, 2022

DeFi Platform Compound Prime Gets Junk Credit Rating From S&P

Decentralized finance platform Compound Prime LLC received a junk credit rating from S&P Global Ratings, underscoring how crypto lending is making inroads among institutional investors -- as well as the risks involved.

April 23, 2022

Cathie Wood Says Fed Won’t Hike as Much as Market Priced In

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

April 22, 2022

‘B-A-D’: Traders Find Nowhere to Hide as Assets Sink on Fed Bets

Friday is proving a washout for investors as increasingly bigger bets on Federal Reserve tightening prompted traders to offload risk and haven alike before the weekend.

April 14, 2022

Bitcoin, Tesla Gains Lagged in Wild Era for GameStop, Ether

Charts demonstrate the volatile ride taken by cryptocurrencies, meme stocks, and NFTs.

April 11, 2022

Mideast Asset Manager Investcorp Seeks Cash for Blockchain Fund

Investcorp Holdings, the biggest alternative asset manager in the Middle East, started raising money for a new fund aimed at taking stakes in startups developing blockchain technology.

April 11, 2022

Tech Rout Could Drag Bitcoin to $30,000, BitMEX Founder Says

Bitcoin’s tendency to move in tandem with technology stocks means the biggest cryptocurrency may slump to $30,000 by June, according to Arthur Hayes, the co-founder of crypto trading platform BitMEX.

April 11, 2022

Bitcoin’s Correlation With Big Tech Increases to Record

Since the start of the pandemic, Bitcoin has tended to move in the same direction as the Nasdaq 100 index -- and they’re now in unison more than ever. The 40-day correlation between the two reached a record of 0.6945 on Friday, Bloomberg data show. The inc...

April 11, 2022

Bitcoin Declines as ‘Sugar Rush’ From Miami Crypto Event Fades

Bitcoin briefly dropped below $42,000 for the first time since March 23, sliding back further into the range in which it has traded this year on mounting concerns about rising interest rates.

April 10, 2022

Central Banks Can Save DeFi, as Weird as That Sounds

The financial metaverse would be better served by truly stable currencies but the powers-that-be need to join in.

April 10, 2022

Hong Kong’s Ex-Finance Chief Tsang Joins StashAway, Gifts NFTs

Hong Kong’s former financial secretary, John Tsang, has joined digital wealth firm StashAway as an adviser and will be giving away part of his soon-to-be issued non-fungible tokens to attract new clients.

April 10, 2022

Pudgy Penguins, the Hot-and-Then-Not NFTs, Attempt a Comeback

(Bloomberg) -- Pudgy Penguins, a once hugely successful NFT project that got blown off course by drama that included the ousting of its founders, is attempting a comeback. Hopes are high in the newly energized community -- but in today’s crowded, up-and-do...

April 10, 2022

Know a Good Inflation Hedge? Tell Me, Please

Stocks and bonds both do badly at times of high and rising prices, real estate doesn’t hold its value, and commodities have already surged. There’s not much left.

April 9, 2022

Bitcoin Extravaganza is ‘All About Eye-Catching’ Post Pandemic

A pulsating beat was one of the constants at this week’s Bitcoin 2022 conference in Miami. That along with unlimited parties and testimonials about the life-changing powers of the cryptocurrency.

April 9, 2022

Filmer of Ethiopia Famine Is Face of NFT to Archive African Past

Kenyan photojournalist Mohamed Amin is best known for capturing the world’s attention with images of Ethiopia’s 1984 famine that inspired the Live Aid concerts.

April 1, 2022

Bitcoin Drops to Near $45,200 Amid Technicals, Regulation Issues

Bitcoin fell back toward the top of a range that’s largely defined it so far in 2022, after meeting resistance at a key technical level and amid some concerns about potential regulation.

March 31, 2022

Where Is Bitcoin Heading? Look at the Options Market

With Bitcoin settling back in a narrow trading range after a mid-March rally, investors searching for clues as to where it is headed next may want to take a look at what the options market is signaling.

March 25, 2022

Bitcoin Rally May Soon Gain a Fresh Impetus, Chart Shows

Bitcoin is tracing a pattern that suggests the world’s largest digital token could build on its recent gains. A so-called triangle shape on Bitcoin’s price chart is squeezing tighter, and the cryptocurrency is jabbing at the upper end of the triangle. That...

March 24, 2022

New York Man Charged in ‘Cash-to-Bitcoin’ Money Laundering Plot

A New York man was indicted for allegedly running a “cash-to-Bitcoin” money-laundering scheme that he openly bragged about on social media, telling clients he could help them stay “completely off the radar.”

March 24, 2022

BlackRock’s Larry Fink Says War to Speed Shift to Green Energy, Digital Currencies

Russia’s invasion of Ukraine has the potential to accelerate the global shift to green energy and the use of digital currencies, according to BlackRock Inc. Chief Executive Officer Larry Fink.