According to price data from CoinGecko compiled by CoinGoLive, the current bear market has seen a whopping 72 out of top-100 tokens fall more than 90% from their all-time highs. The larger cap coins are faring better than most. Among the top ten cryptocurrencies by market cap, nine have dipped less than 90% during the current market downturn. Bitcoin (BTC),…
MakerDAO has voted to cut off lending platform Aave’s ability to generate DAI for its lending pool without collateral as the risks of Celsius’s liquidity crisis loom large over the entire crypto ecosystem. The decentralized autonomous organization (DAO) made the decision as a means of mitigating the Maker protocol’s exposure to the beleaguered staking and lending platform in case Celsius…
Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems,” he explained. ‘Bond King’ Jeff Gundlach Discusses Bitcoin Falling to $10K Billionaire…
Watch This Episode On YouTube or Rumble Listen To The Episode Here: “Fed Watch” is the macro podcast for Bitcoiners. Each episode we discuss current events in macro from across the globe, with an emphasis on central banks and currency matters. In this episode of the “Fed Watch” podcast, I sit down with Tone Vays, a true Bitcoiner and long-time…
Crypto investors — particularly those that bought in toward the top of the market in 2021 — may be able to find some salvation through a tax-saving strategy called “loss harvesting” according to Koinly’s head of tax. Koinly is one of the most widely-used crypto tax accounting firms online. Head of tax Danny Talwar told Cointelegraph that while most retail…
Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital assets should not be traded on platforms operating inside the country. Bank of Russia Chair Ready to Accept Cryptocurrency Payments for International Settlements Cryptocurrencies can be employed in international payments…
press release PRESS RELEASE. GensoKishi, a new fantasy world economy with blockchain technology by incorporating elements of NFT and GameFi on the Metaverse is pleased to announce its 2nd commemorative NFT Auction to be held from June 15th, 2022 at 18:00 (UTC+8) to June 22nd, 2022 at 17:59 (UTC+8) ! The 2nd round NFT auction will feature a wide range…
Panama’s ‘Crypto Law’ came to a grinding halt today after President Laurentino Cortizo partially vetoed the bill. President Laurentino Cortizo made the move on the grounds that it “requires adaptation to the norms that regulate our financial system,” according to local media La Prensa. The bill will now go back to the country’s National Assembly for debate. At the end…
In brief Solana is rolling out a new fee prioritization model alongside other network upgrades aimed at stability. The model will charge an additional fee during times of congestion, but only for the in-demand apps and services. Solana is on the verge of introducing a new fee prioritization model, which is designed to help mitigate the impact of in-demand apps…
In a bid to rehabilitate her image, convicted scammer Anna Sorokin is getting into NFTs. The “Anna Card” went live today, following a 2,000 item NFT mint yesterday, which can now be purchased for 0.1 ETH at press time. NFTs are blockchain-based tokens that show ownership over digital or physical assets. While still in federal custody, Sorokin told NBC News in an…
