Fri, February 7

Bitcoin (BTC) Miners Are Again Making A Profit

The crypto market pioneer Bitcoin (BTC) is surging steadily. The coin has crossed over the $22K limit after four long months. BTC is currently trading at $22,624 at the time of writing. And it is to remember that last time the crypto was in the $22K range during September 2022

January 21, 2023 2 mins read

Goldman Sachs Reportedly Being Investigated by Federal Reserve

The Federal Reserve, according to the WSJ, has begun looking into Goldman Sachs. The publication claims the investigation is focused on whether or not the bank “ramped up consumer lending” with adequate protections in place. It’s no exaggeration to say that Goldman Sachs Group Inc. is among the world’s most

January 20, 2023 1 min read

Google Announces Mass Layoff Eliminating 12,000 Positions

Companies in the conventional IT business have started laying off workers alongside those in the cryptocurrency sector. Microsoft made the decision to lay off 10,000 workers recently. Other well-known companies, such as BlackRock, Amazon, and Meta, have already revealed such initiatives. A further industry leader in technology has just been

January 20, 2023 2 mins read

Bitcoin & Ethereum Signals Surge Even After Genesis Bankruptcy

Prominent cryptocurrencies Bitcoin ($BTC) and Ethereum ($ETH) continuously signal bullish momentum even after the largest crypto lender, Genesis Global, filed for bankruptcy protection. At the time of writing, $BTC traded at $20,956, and $ETH traded at $1550 with notable price surges.  Recently, failures and scandals in the cryptocurrency industry reaching

January 20, 2023 2 mins read

Crypto Developers Number Peaked in the Crypto Winter

Electric Capital released the 2022 Crypto Developers Report. The firm collaborated on the 250 million codecommits from the GitHub repositories. The codes were fingerprinted across the 9000 ecosystems and found the result of the last 14 years. A tragic year in cryptocurrency has initiated opportunities for many new BUIDLers. Cryptocurrency

January 20, 2023 2 mins read

New Hampshire’s Crypto Commission Releases Its Final Report

On January 19, New Hampshire Governor Chris Sununu announced the release of the Governor’s Commission’s final report on cryptocurrencies and digital assets. The “comprehensive” and “timely” crypto report compiled the Commission’s findings and recommendations on the progress of blockchain technologies and the state’s legal stance. In the report, the Commission

January 20, 2023 2 mins read

DCG Owned Media House CoinDesk Reportedly Eyeing Potential Sale

Another media outlet, CoinDesk, has run into problems only hours after it was reported that DCG’s cryptocurrency trading arm, Genesis, intends to file for bankruptcy. DCG’s own media outlet has retained the services of the Lazard Group. As financial consultants in preparation for a sale. CoinDesk would be leaving Barry

January 19, 2023 1 min read

SPAC Deal of Bitcoin Miner GRIID Pushed Back Yet Again

The completion of the Bitcoin Miner GRIID and a blank-check merger has been pushed back yet again. This past week, Adit EdTech, a special purpose acquisition company (SPAC), revealed in an SEC filing that it had extended the deadline for the merger from January 14 to February 14. The original

January 18, 2023 1 min read

Microsoft Reportedly Plans Laying Off 11,000 Personnel

Reportedly in the next few days, Microsoft will carry out a massive layoff, affecting 11,000 employees. During a worldwide economic slump, the report claims the technology giant wants to lay off a large portion of its workers. Right from 2022, layoffs were routine, and many people started planning ahead for

January 18, 2023 1 min read

Bitcoin Bulls Greatly Influence the Crypto Market

On January 17th, the top virtual currencies were in a state of divergence at the start of trading. As the world crypto market cap dwindled by 0.84 percent to $982.47 billion in the preceding 24 hours. The total crypto market volume for that period was augmented by 17.74 percent to

January 18, 2023 2 mins read