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Search Results for: crypto market

Bitcoin Bullish on Crypto Hedge Funds

Since intra-period Bitcoin returns peaked at 131% last year. 70 crypto hedge funds used a market-neutral investing strategy. According to PwC’s 2022 Global Crypto Hedge Fund Report, hedge funds are investing in cryptocurrencies at an all-time high despite the volatility. According to the report, the market currently has around 300

June 25, 2022 1 min read

The Bear Markets Are Good, Actually

The bear market is called the bear market because bears hibernate during winter, which is generally regarded as a period of slow growth. However, according to some, the reason why it’s called a bear market is because of the old saying “you don’t sell a bear’s skin before you’ve caught

June 25, 2022 5 mins read

CoinFLEX Exchange Pauses Withdrawal Citing Extreme Market Conditions

More than $500 million to $1.5 billion was traded in the last 24 hours. FLEX Coin, will be suspended in addition to the suspension of withdrawals. CoinFLEX, a cryptocurrency exchange, has halted withdrawals, joining a growing number of companies that have done the same. CoinFLEX said today that it has

June 24, 2022 2 mins read

Uniswap Levels Up, Overtakes the Market Pioneer

The average daily fee collected from daily exchanges between June 15 and June 21 was $4.1 million. Uniswap beat Ethereum in terms of daily fees paid above the moving seven-day average. Uniswap Beats Ethereum According to statistics on crypto-fees, the average daily fee collected from daily exchanges between June 15

June 24, 2022 1 min read

NFTs Accessible to All with Launch of Fiat-Focused SIMBA Market

SOUTH BEND, Indiana, 23rd June, 2022, Chainwire   SIMBA Chain, the leading provider of blockchain enterprise solutions, has announced the launch of its new non-fungible token (NFT) marketplace SIMBA Market. The platform, which will feature collections from a variety of well-known names in sports and entertainment from the outset, will

June 23, 2022 3 mins read

US University Adopts Cryptocurrency in the Curriculum

The National University of Singapore also accepted cryptocurrencies as a curriculum. MIT offers a course on the impact and ethics of blockchain and cryptocurrency. U.S best National University offers two new courses to students on cryptocurrencies and cutting-edge financial technologies. Last year, the market for crypto assets grew significantly and

June 23, 2022 2 mins read

FalconX Secures $150M Funding From Leading VCs Despite Gloomy Market

The latest fundraising round values the company at $8 billion. The business has joined the International Swaps and Derivative Association. Fintech giants like FalconX continue to get investments from VCs, despite the current gloomy trend in crypto markets. As part of its Series D fundraising round, FalconX, an institutional-level digital

June 23, 2022 2 mins read

Phishing Websites Hit $128M Jackpot in Indian Market

Indian traders have lost around ₹1000 crores to phishing exchange sites. A panel meeting is planned with the financial authorities of the nation next week. The buying trend presently prevailing in the crypto market is welcoming to both genuine and fraudulent individuals. Cheaters and scammers are taking advantage of investors’

June 23, 2022 2 mins read

Ecommerce Giant eBay Acquires Prominent NFT Marketplace ‘KnownOrigin’

KnownOrigin, one of the most popular NFT marketplaces, was bought by eBay on Wednesday, according to a press release. The purchase is part of the company’s “tech-led reimagination,” according to the company’s statement. The deal’s financial details are being kept under wraps. Addition of Increasingly Popular Digital Collectibles eBay CEO

June 22, 2022 1 min read
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