Fri, November 22

Elon Musk Completed Twitter Deal, Says “the Bird Is Freed”

Elon Musk has concluded the $44 billion Twitter acquisition deal, becoming the new owner of Twitter, Inc. After months of legal disputes, the multibillionaire has added the social media giants to his empire.  Following the takeover deal, Musk has reportedly terminated several top Twitter representatives. The sources reveal that he

October 28, 2022 2 mins 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

Sam Bankman-Fried Says FTX Plans to Issue Stablecoin

FTX exchange plans to create stablecoin. FTX Token traded at $24.55 with a price surge of over 8% in the previous week. FTX one of the prominent cryptocurrency exchange CEO Sam Bankman-Fried stated, in a recent interview that the company is presently working to create a stablecoin. Stablecoin is known

October 27, 2022 1 min read

Kazakhstan’s CBDC Trial To Utilize Binance’s BNB Chain

As NKB said before, the Digital Tenge will be released in late 2022. CZ said that the NKB recently conducted a CBDC “pilot in a controlled environment.” Kazakhstan seems to be quite receptive to the cryptocurrency market. Binance recently received permission to legally do business there. Also, CEO Changpeng Zhao

October 27, 2022 1 min read

Dogecoin Bouncing Back as Elon Musk’s Twitter Deal Nears the End

Elon Musk Twitter deal is supposed to be finalized on Friday. Dogecoin (DOGE) price increased by more than 36% in the previous week. While Tesla CEO Elon Musk’s Twitter deal is near to finish line, the most prominent memecoin, which is act as his favorite cryptocurrency, DOGE price surged by

October 27, 2022 2 mins read

Musk’s Deal on Twitter Force NYSE to Delist the Social Media

The $44 billion acquisition deal is anticipated to be finalized by Musk before this weekend. Elon Musk changed his Twitter biography to read “Chief Twit”. The Twitter [TWTR] deal with Elon Musk is finally being completed. Musk is getting closer to acquiring the platform after several setbacks. In the midst

October 27, 2022 2 mins read

BabyDoge HODLers Rising as the Price Soars Up

BabyDoge price surged by more than 4% and traded at $0.000000001232. Further, Doge (DOGE) soars up by over 10% in the last 24 hours. The new week starts with the spark and excitement of cryptocurrency market participants. As a result, top crypto tokens were all trading in greens. In the

October 26, 2022 2 mins read

Twitter Purchase by Elon Musk Likely To Be Closed This Week

Closing is expected to occur on Friday as per reports. The banks have completed finalizing the $13 billion loan. Elon Musk’s alleged impending acquisition of Twitter is gaining momentum. Musk held a video call with the debt bankers to share the news. According to the information provided by those involved

October 26, 2022 2 mins read

UK Passes Bill Recognizing Crypto as Regulated Financial Instruments

Last week, Prime Minister Liz Truss announced her resignation. The lower chamber of Parliament approved the bill. The economy of the UK has been in steady decline. Inflationary worries and the energy crisis are only two of many problems that the public has had to face recently. And in the

October 26, 2022 2 mins read