Crypto News in 60 Seconds
June 5, 2022
Dubai’s Retail Giant Majid Al Futtaim Partners With Binance to Accept Crypto at 29 Shopping Malls and 13 Hotels Majid Al Futtaim, a leading owner of shopping centres, has teamed with Binance to accept cryptocurrency at its shopping centres and other properties. The CEO of Binance stated that “Majid Al Futtaim is one of […]
June 4, 2022
Defi Educator: After PoS Transition, $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately The Ethereum 2.0 contract is very close to reaching 13 million ether, which is equivalent to $22.6 billion at the current ether exchange rates, as Ethereum’s switch to proof-of-stake (PoS) approaches and the network’s hash rate reaches yet another […]
June 3, 2022
Gemini exchange is being sued by the CFTC for making false representations in 2017. The Commodity Futures Trading Commission (CFTC) is suing Gemini, a crypto exchange based in New York, for “making false or misleading claims” or omitting data in interactions with the agency. The action was brought to a federal court in New […]
May 30, 2022
Long-term Bitcoin holders continue to soak up supply at $30K, according to on-chain data. Despite being in the red on certain BTC investments, data reveals that long-term investors are still buying Bitcoin in its current range. Bear markets are often characterized by a capitulation event, in which disgruntled investors quit their holdings and asset […]
May 29, 2022
Bitcoin Remains Below $30K as Buyers Stay Away Despite another upward market spike, Bitcoin (BTC) and other cryptos dipped on Friday. After nearly nine weeks of negative results, cryptocurrency traders are still on the defensive. Although BTC is anticipated to fall 27% this month, it is still up 10% from its previous all-time low of $25,840 on May 12. The cryptocurrency is […]
May 28, 2022
Bitcoin is facing resistance above $33000 with support at $22,000-$25,000 Volatility could rise, mainly if some other charge breakdown occurs. Last week, Bitcoin (BTC) dropped underneath the $33,000 resistance mark, however, charge movement has accounted for that steadied inner a slender range. This would possibly suggest a spike in volatility, much like what came about […]
May 27, 2022
Bitcoin’s dominance rises after the Terra LUNA fallout, while Ethereum’s value falls Following the Terra LUNA and UST debacles, digital currency markets have seen a 6.93 percent reduction in value, from $1.356 trillion on May 22 to $1.262 trillion today. In the midst of the chaos, bitcoin’s market share has risen to 43.8 percent, its […]
May 23, 2022
Since July 2021, the largest difficulty drop is noticed This week, the World Economic Forum is giving a dose of realism to Bitcoin, and many people are still forecasting a major BTC price drop. As the week progresses, Bitcoin (BTC) is off to a better start than most, with bulls averting substantial losses. Despite the […]
May 21, 2022
MicroStrategy Will Not Dump Any Of Its Bitcoin Since it started obtaining Bitcoin, MicroStrategy has emerged as an outstanding participant withinside the cryptocurrency market. Its property has solidified its role as a public organization with the world’s biggest bitcoin holdings. A noteworthy issue is that the organization bought a considerable part of its BTC for […]
May 17, 2022
Bitcoin and Ether Surge Above Support Amid China Optimism, US Futures Rise Bitcoin (BTC) remained over $30,000 as indices in Asian, Indian, European, and US markets turned green on Tuesday, according to statistics. After weeks of stringent lockdowns, traders priced in an easing of controls in Shanghai, causing Chinese equities to rise. Beijing’s policymakers […]
May 16, 2022
David Marcus Founds Lightspark, a Bitcoin Payments Startup Former Meta cryptocurrency project manager David Marcus is doubling down on the role he believes crypto will have in the future for payments. Marcus stated on social media this week that he and colleagues were creating a cryptocurrency startup called Lightspark, which attempts to harness the […]
May 14, 2022
Elon Musk Offers $43 Billion for Twitter Takeover — A “Hostile” Takeover? Musk released a bid for Twitter on Thursday, offering $ forty-three billion, or $54.20 consistent with proportion, in submission to American Securities and Exchange Commission – simplest weeks after turning into the social media company’s biggest character shareholder. He has the method […]
