DIGIT INFO

Crypto markets need to hit ‘total panic’ before revival: Kevin O’Leary

The millionaire investor thinks that the market bottom will be marked by “total panic,” at which point weak companies with “idiot managers” will be weeded out and the industry can continue to grow.

Go to Source

Bank of America Predicts US Recession This Year as Inflation Hits 40-Year High

Bank of America Predicts US Recession This Year as Inflation Hit 40-Year High

Bank of America has forecasted that the U.S. economy will slide into a recession this year. “A number of forces have coincided to slow economic momentum more rapidly than we previously expected,” the bank’s economists said. US Economy Heading Into a Recession This Year, Says Bank of America Bank of America’s economists now expect a […]

Go to Source

UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K

Bitcoin, Uniswap, Polygon and Aave turned green just a day after the highest CPI print in over 40 years.

Go to Source

Ankr Network’s 2.0 upgrade aims to improve Web3 decentralization

Ankr is one of the largest remote procedure call (RPC) endpoint providers in the crypto space, which are critical for Web3 dApps that connect with blockchains.

Go to Source

Monopoly Millionaire Game Raised $1 Million in Seed Funding

PRESS RELEASE. Monopoly Millionaire Game, a marine-themed GameFi that involves island construction, cultivating, shooting and more, announced that it has completed a seed funding of 1 million US Dollar. By this round of funding, MMG was valued at 10 million US Dollar. Mirana Ventures led the seed funding round. Other notable investors included Kernel Ventures, […]

Go to Source

Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters

During the last 30 days, the Celsius Network’s native token CEL increased in value by over 140% against the U.S. dollar. On July 13, just before the lending company filed for Chapter 11 bankruptcy, CEL was exchanging hands for $0.961 per unit. Following the news that the company filed for bankruptcy protection, the native crypto […]