Bitcoin plunged below $30,000 for the first time in eleven months, as bears continued to run rampant in crypto markets. This move came as Luna Foundation Guard was said to be liquidating close to $1.5 billion worth of BTC. Ethereum also fell to multi-month lows, as prices hovered slightly above $2,200. Bitcoin Bitcoin fell for a seventh consecutive session, as…
In brief Bitcoin-exposed stocks are taking a beating. They could be in for a further jolt as Coinbase reports earnings on Tuesday afternoon. A massive sell-off in the crypto markets, which has seen Bitcoin briefly dip below $30,000, has also triggered collateral damage to the stock price of public companies with high exposure to crypto markets. While overall share prices…
Following Kraken’s listings of Bifrost (BNC), Bonfida (FIDA), and Origin Protocol (OGN) for most countries, Kraken is excited to announce the availability of these tokens for residents of the United States and Canada! Funding and Trading Funding and trading are live. Keep an eye on the status page for updates. You can add these tokens to your Kraken account by…
The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures. The KuCoin cryptocurrency exchange officially announced on May 10 a $150 million pre-Series B funding round, bringing the company’s valuation to $10 billion. The latest funding round mainly aims to strengthen the exchange’s partnership with…
Bitcoin (BTC) mining has always been a controversial topic. But, Bitcoin’s proof-of-work (PoW) model has reached new levels of concern as senior decision-makers and investors pay closer attention to environmental, social and governance factors. As such, many crypto miners are highlighting environmentally friendly practices by acquiring carbon offsets. Yet, some would argue that this isn’t enough to guarantee green Bitcoin…
Two bitcoin ETFs in Australia are set to launch this Thursday, May 12. The 21 Shares Bitcoin ETF will offer direct access to bitcoin backed by BTC in cold storage. The Cosmos Purpose Bitcoin Access ETF will allow investors to invest in shares of Purpose Investment’s spot-bitcoin ETF located in North America. Two bitcoin exchange-traded-funds (ETFs) are set to go…
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover. However, by 9:15 a.m. (ET)…
Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let’s look at the charts. Ethereum pares YTD losses vs. Bitcoin ETH/BTC gained 5.5% between the May 9 low of 0.0720 and the May…
Millions of kids around the world dream of playing professional soccer when they grow up—but most don’t have to overcome the obstacles faced by 12-year-old Mikey Poulli. At a routine eye check-up when he was just seven years old, Poulli was diagnosed with a rare degenerative retinal disorder called rod-cone dystrophy. Specialists thought it would take many years for his…
New technologies may have rapid, dramatic effects on society, but they may also spread slowly and subtly. Blockchain-powered decentralized science (DeSci) is taking off after some years of gestation. Its impact is being felt not only in the rarified confines of high-tech labs but more broadly in the business world as well. Psychedelics and longevity Paul Kohlhaas, co-founder and CEO…
