Crypto asset manager Osprey Funds lays off most of its staff: Report
Institutional demand for Bitcoin and other crypto assets has waned due to the bear market. Go to Source Powered by WPeMatico
Month: January 2023
Biggest Movers: SOL up 22% as ADA Hits Highest Point Since November
Solana surged by as much as 22% on Monday, as bullish sentiment returned to cryptocurrency markets. The move saw the token climb to its highest point since November, when it was embroiled in the FTX collapse. Cardano also moved higher to start the week, climbing by nearly 13%. Solana (SOL) Solana (SOL) was one of … Read more
Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes
The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended … Read more
Belgian MP receives Bitcoin salary for a year: Here’s what he learned
Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers. Go to Source Powered by WPeMatico
Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market.
Many popular cryptocurrency trading platforms, including Kraken and Coinbase, have recently initiated a fresh round of firings. Go to Source Powered by WPeMatico
US DOJ announces seizure of 55M Robinhood shares
The Justice Department said it had seized 55,273,469 shares of Robinhood and more than $20 million in U.S. currency as part of the criminal case against Sam Bankman-Fried. Go to Source Powered by WPeMatico
New York-based bank exits crypto after tumultuous year
The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical. Go to Source Powered by WPeMatico
German regulator warns of new banking and crypto malware ‘Godfather’
The “Godfather” malware is also known to target 110 cryptocurrency exchange platforms and 94 cryptocurrency wallet apps. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Climbs Back Above $17K, Hitting 3-Week High
Bitcoin rose to a three-week high on Jan. 9, as prices surged beyond the $17,000 mark to start the week. The move comes days ahead of the upcoming U.S. inflation figures, and as traders continue to react to Friday’s nonfarm payrolls (NFP). Ethereum was also higher, rising to a multi-week high in the process. Bitcoin … Read more
What is the Trust Wallet and how do you use it?
Trust Wallet is a secure noncustodial cryptocurrency wallet that supports multiple blockchains. Go to Source Powered by WPeMatico
