40%, on the other hand, anticipate that Bitcoin will rise by 50% from here to $30k. 28% of the people surveyed strongly believed in cryptocurrency’s value. The world’s most popular cryptocurrency, Bitcoin (BTC), has held steady around the $20,500 mark during the last week. Recently, Bitcoin has been sending out
The Terra crash has affected 3AC, pushing the liquidation limit. Bankman said that he has a few more billions to help the firms. Sam Bankman Fried, CEO of the largest crypto exchange platform FTX, said that he has spent $2 billion to savor many struggling companies. And he also stated
Despite the pessimism of impending crypto winter, DappRadar, the world’s largest dapp store, has released its Q2 Dapp Industry Report, highlighting the positive impact of NFTs and GameFi on the future of dapps. The report sheds insight on how the dapp market has taken the burden of the current financial
Bitstamp exchange laid a €10 fee on some inactive accounts. Customers should maintain a €200 balance. The world’s longest-standing cryptocurrency exchange Bitstamp intends to impose a monthly inactive tax on a subset of its users, in order to offset the impact of the market decline on the platform’s trading volume.
According to reports, Kirkland and Ellis LLP are representing the company. More than 100,000 people were creditors to the company. Several projects have failed as a result of the current market downturn. Recently, the firm put all crypto trading, deposits, and withdrawals on hold. The company filed for Chapter 11
On Monday, the company suspended operations and stopped client withdrawals. Since June 12, withdrawals totaling $197.7 million have been reported by the firm. The Singapore-based crypto lender Vauld has inked a preliminary term agreement with Nexo today. Due diligence on the proposed purchase would be conducted by Nexo within a
Elon Musk’s Tesla loses $440 million. Tesla accumulated $1.5 billion in Bitcoin in 2021. Tesla is facing a decline of $440 million in its bitcoin holdings after a massive fall in the digital currency’s value. Bitcoin has been downtrend for the past few months. This is bad news for Tesla,
CoinShares is the first platform licenced with AIFM On July 4 nearly $200 million was pulled from the Vauld platform CoinShares, the European largest digital asset investment platform July 4, Monday, announced that they have acquired Napoleon assets management with approval from Autorité des Marchés Financiers (AMF), and it is
CoinLoan said that the safeguards would only be in place for a short period of time. The previous maximum withdrawal limit was $500,000 a day. Currently, CoinLoan has a daily withdrawal limit of $5,000, a 99 percent drop from its former maximum. An increase in money withdrawals necessitated the company’s
DeFi on Bitcoin has a promising future, regardless of whether one uses Rootstock, Stacks, DeFiChain, Portal, or any other solution. More and more apps, products, and services may be created by programmers every day. In the cryptocurrency market, Bitcoin is still the most popular choice for both retail and institutional
