Bookmarking Crypto Insights
Tesla CEO Elon Musk has formally informed Twitter that he is terminating his $44 billion bid to buy the social media platform. “Twitter is in material breach of multiple provisions” of the agreement, Musk’s lawyer explained. Musk Ending Deal With Twitter Citing ‘Material Breach of Multiple Provisions’ Tesla and Spacex CEO Elon Musk’s lawyer sent … Read more
Twitter’s secrecy on fake and spam account numbers on the platform is the main reason for tech mogul’s decision, a Friday letter revealed. Go to Source Powered by WPeMatico
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges have laid off some staff to survive the current market, Ripio is … Read more
Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH. Go to Source Powered by WPeMatico
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around. Go to Source Powered by WPeMatico
Brainard says if crypto remains unregulated as it is integrated into the larger financial system, it will bring risks of instability of the type currently being seen. Go to Source Powered by WPeMatico
According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure to the crypto hedge fund Three Arrows Capital (3AC). The news was shared in a recent letter to shareholders written by the company’s CEO Peter Smith. The Blockchain.com executive stressed that the firm “remains liquid, solvent and our … Read more
Majority of the top-100 DeFi tokens broke out of three week long bearish phase and registered double digit gains over the past week. Go to Source Powered by WPeMatico
Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term. Go to Source Powered by WPeMatico
The FSA and Japan’s finance ministry previously warned crypto firms against processing transactions involving sanctioned individuals or entities, subject to fines or imprisonment. Go to Source Powered by WPeMatico