Wed, July 9

Bolt Cancels $1.5B Acquisition Deal of Wyre Payment

Bolt, meantime, has issued a statement promising to maintain its collaboration with Wyre. Wyre will continue to support Bolt in developing its crypto ecosystem. On Friday, US-based payments firm Bolt Financial Inc. said it was canceling its $1.5 billion acquisition deal with Wyre Payment Inc. The cryptocurrency market decline coincides

September 10, 2022 2 mins read

MicroStrategy Plans to Buy $500M Worth Bitcoin as per Filing

A prospectus for MicroStrategy was filed with the SEC on Friday. The company has contracted investment bank Cowen & Co to sell $500M stocks. MicroStrategy (MSTR), a publicly listed software firm, now has over 129,000 BTC in its reserves, making it the biggest corporate holder of Bitcoin. One month after

September 10, 2022 1 min read

European Central Bank Raises Interest Rates by 75 Basis Points

In July, it saw a half-point uptick—the first increase in 11 years. Lagarde predicts a significant slowdown in economic activity. Following a trend of interest rate increases from major central banks across the world, the European Central Bank decides to do the same. Since the beginning of this month, the

September 9, 2022 2 mins read

BTC’s Sell-off Increases, Is It Something to Be Worried About?

Bitcoin’s (BTC) price surge below $20K seems to have a negative impact on certain investors. The moment of BTC’s sell-off on Binance has reached the second highest mark. And the volume is expected to increase for some more time. #Bitcoin – Second largest red candle in Binance history. Interesting to

September 8, 2022 1 min read

 Looking Back Over Bitcoin’s 14 Year Journey

Bitcoin, the first cryptocurrency in the world was established in 2008. At the time, the majority of people were unaware of it, took it for a joke, and things have changed significantly since then. And the price of Bitcoin has been oscillating significantly since the beginning, rising to over $70,000

September 8, 2022 2 mins read

Bitcoin’s Market Dominance Decreases, Sign of Incoming Dips?

The current market dominance of BTC is 38.2%, the lowest value since 2018. BTC is currently trading around $18,790.97, a 6% decrease in the last 24 hours. For the past few weeks, the global cryptocurrency market is going through a tremendous collapse. Major cryptocurrencies are continuously crashing down and pushing

September 7, 2022 1 min read

Investor Michael Burry Forecast’s Severe Economic Disaster

The present inflation situation is a key aspect of his forecast. The Federal Reserve has been increasing interest rates. There has been a severe drop in the cryptocurrency market yet again. Extremely negative patterns may be seen in the Bitcoin price. Its price dropped by about 6% in the previous

September 7, 2022 2 mins read

Bitcoin-fueled Traveler Reaches The Central African Republic

Paco began using BTC after his friend gave me a copy of The Bitcoin Standard. In June, he visited Zimbabwe for two days, beginning in the capital city of Bulawayo. On his Bitcoin-fueled globe marathon, a fast runner has already traversed 19 of 40 nations. Paco de la India, also

September 7, 2022 2 mins read

Prominent Mining Pool ‘Poolin’ Temporarily Halts Withdrawals

This mining pool is responsible for 10.4% of the total hashrate in Bitcoin mining. The group also announced the temporary suspension of BTC and ETH balance payouts. Poolin, a mining pool headquartered in China, has temporarily suspended wallet withdrawals due to cash flow concerns. Given Poolin’s massive scope, the withdrawal

September 6, 2022 1 min read

Netflix Rejects Crypto Commercials in Ad-supported Memberships

There were restrictions on pharmaceutical advertising as well. The average cost of this new service is estimated to be roughly $8. The epidemic was a boon for Netflix and other media streaming providers. Their subscription count skyrocketed, catapulting them into the spotlight. However, this viewpoint ultimately failed to gain traction.

September 6, 2022 2 mins read
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