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Search Results for: crypto market

Crypto Lending Platform ‘BlockFi’ Announces Laying Off 20% Staff

Coinbase and Gemini also chose to reduce the number of employees. The platform claims to have tried multiple ways to decrease losses. As a result of exceptionally challenging market circumstances, BlockFi has chosen to lay off 20% of its workforce. Investors and institutions alike have had a difficult time in

June 14, 2022 2 mins read

Crypto Investors Focus on Federal Reserve’s Upcoming Meeting Outcome

Fed will have to continue its strong posture until the next meeting. Following the data release in May, Treasury rates spiked, and stock futures plummeted. On June 15, the U.S Federal Reserve will meet to decide interest rates, and investors fear a more hawkish tone from the central bank, which

June 14, 2022 2 mins read

Large Crypto Traders Facing Huge Loss Due to Bitcoin

Bitcoin went below $24,000 and lost 12% of its value in the last 24 hours.  BTC attained a new low from December 2020. The king of cryptocurrency Bitcoin almost lost 65% of its value from its all-time high of $68,789 which is recorded in November 2021. 40% of the holders

June 13, 2022 2 mins read

Edward Snowden Emphasized Importance of Privacy in Crypto Sector

The underlying issue of Bitcoin is that it is not private, according to Snowden. He cautioned about the consequences of the financialization of the crypto business. Despite his worries, the American whistleblower believes that cryptocurrencies have great potential. Edward Snowden feels some key obstacles must be overcome in the next

June 12, 2022 2 mins read

Crypto.com Renders Support for Three Low-Cap Altcoins

The most popular Singapore-based exchange Crypto.com is targeting all the low-cap altcoins launched in the market. The exchange is following its plan and continuing the process to list these unpopular altcoins out there in the marketplace. On 10th June 2022, Crypto.com revealed saying, the exchange is listing three more small-cap

June 12, 2022 2 mins read

Registration Open For StreamCoin Launched NFT ‘STRMNFT’ Marketplace

Until July 2022, one may create and utilize their own NFTs at no cost. TNC Group, a partner of StreamCoin, has already produced its Lady Apes NFT collection. StreamCoin, a Web3 live streaming company, has opened its user registration page after the successful launch of the STRMNFT marketplace. Until July

June 11, 2022 2 mins read

American Express Partners With Abra To Offer Crypto Rewards Credit Card

Abra and American Express announced a collaboration at Consensus, a crypto conference in Austin, this week that will see the launch of American Express’s first-ever crypto rewards credit card. More than 60 million American Express cardholders were estimated earlier this year. Now, the network is bringing in crypto benefits for

June 11, 2022 1 min read

Leading Cryptocurrency Exchange Gemini To Charge Crypto Withdrawals

Coinbase, recently reported a 27% drop in income and used over the last year. A dynamic or flat fee will be applied to all withdrawals. It was a first for the U.S.-based cryptocurrency exchange, and custodian as billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of Gemini’s workers.

June 11, 2022 2 mins read

Moonbeam (GLMR) Poised to Skyrocket as per Popular Crypto Analyst

Moonbeam has been down 5.24% in the last 24 hours. GLMR has been consolidating for a prolonged period. Recently, Moonbeam, the multi-chain application center on Polkadot, announced an integration with the privacy-oriented Calamari parachain and the availability of Manta’s native Calamari token, KMA. According to Moonriver, Calamari will be placed

June 10, 2022 2 mins read

EGO.COM: Cardano NFT Marketplace to Launch Beta Version

The NFT space is being disrupted by a new player making waves within the industry. EGO.com, an up-and-coming Cardano NFT marketplace, is barely a few weeks old but is already turning the heads of major retail and institutional investors for its promise to facilitate a “Digital Renaissance” in art. Analysts

June 10, 2022 3 mins read
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