Sat, July 12

Genesis Trading’s Q3 Report Below Par Amid Sluggish Market

Genesis saw a precipitous 44% drop in spot trading volume. There were a total of $4.9 billion in active loans in the 2022 third quarter. Genesis Trading, a cryptocurrency brokerage, has released a new analysis detailing the effects of the current market drop on the cryptocurrency loan sector. Genesis originated

October 30, 2022 1 min read

Visa Files Trademark Application in Regards to Crypto and NFT

USPTO-licensed trademark attorney Mike Kondoudis revealed details. Trademark applications 97643605 and 97643607 were submitted on October 22. Visa has filed two trademark applications in an effort to develop a crypto and NFT services platform and signal its intent to completely immerse itself in the cryptocurrency and NFT market. Both the

October 30, 2022 1 min read

Bitcoin Breakouts the Slope and Sets Best Week in Three Months

Bitcoin price increased by around 7% in the last 7 days. Ethereum climbed by over 21% with a market cap of 193 $billion. The king of cryptocurrency Bitcoin (BTC), surged beyond $20,000 and fueled the bullish in the crypto market. Following that, the global cryptocurrency market is in a gradual

October 29, 2022 2 mins read

Jack Dorsey Backs the Zion v2 Project Building on WEB5

Jack Dorsey, a crypto enthusiast, is especially interest in and frequently emphasizes web5, and this morning he tweeted that web5 is happening and linked to and endorsed the Zion app that is constructing the Zion v2 in web5. thanks for the support @jack can't wait to share what we have

October 28, 2022 1 min read

$2500 Fine For Misleading Information Being Reinstated by PayPal?

On November 3rd, the new restricted-expression policy will go into effect. It has the ability to initiate automatic withdrawals from users. Rumor on social media platforms is that PayPal has reinstated its $2,500 fine for each time the business determines a user has posted false information. The financial services behemoth

October 28, 2022 2 mins read

Hong Kong Turns to Legalize Retail Crypto Trading

Hong Kong is turning toward a friendlier regulatory framework for cryptocurrencies with a plan to authorize retail trading. Retail trading will be permitted via a planned required licensing program for cryptocurrency platforms, which is expected to go into effect in March upcoming year. The plans come despite the city’s skepticism

October 28, 2022 1 min read

Q9 Capital Granted Virtual Asset License by Dubai’s Regulator

The firm has filed for a complete operating license and has made public its plans. There are now Q9 branches in Hong Kong, London, and Limassol. Q9 Capital, a cryptocurrency investment platform based in Hong Kong, has been granted temporary virtual asset permission by the Virtual Asset Regulatory Authority of

October 27, 2022 2 mins read

Bitcoin Mining Firm Core Scientific Likely to File For Bankruptcy

Nasdaq-traded shares of the company dropped by 70% immediately after the news broke. The miner said Celsius’s refusal to pay was costing it almost $53,000 per day. Core Scientific, one of the largest Bitcoin miners in the world, has warned that it may have to file for bankruptcy due to

October 27, 2022 1 min read

Credit Suisse Plans Laying Off 9000 Personnel Post $4.09B Loss

Credit Suisse reported a net loss of 4.034 billion Swiss francs [$4.09 billion] for Q3. By 2025, the bank hopes to have reduced its cost base by 15 percent. Credit Suisse, a Swiss investment bank and provider of financial services, made headlines at the start of the month due to

October 27, 2022 1 min read

Whale Alert: 15K Bitcoin (BTC) Moved Post Recent Rally

After an 8% increase in value over the last 24 hours, the Bitcoin price is now at $20,764. A whale withdrew 1,389 Bitcoin from FTX, valued at almost $29 million. In the last 24 hours, the price of a Bitcoin (BTC) has risen to a high of $20,764. Increased whale

October 26, 2022 1 min read
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