SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption
Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX, said in a recent interview with the Financial...
Month: May 2022
Portugal to start taxing crypto gains and payments
Finance Minister for Portugal, Fernando Medina, has confirmed that Portugal will begin taxing cryptocurrency in a parliamentary session on May...
Luna Foundation Guard reveals where missing 80K BTC reserves went
The Luna Foundation Guard, the organization responsible for the Terra ecosystem led by Do Kwon, has released information regarding its...
Bitcoin long positions spike 60% on Bitfinex
Long positions on Bitcoin have hit an all-time high on Bitfinex as they spike over 60% in a day. The...
Bitcoin closes 7th red weekly candle for first time ever
Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of...
CZ Says Binance Supports Proposal to Compensate LUNA Retail Users First
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors....
Biggest Movers: XMR and SOL Higher on Monday
Despite BTC and ETH trading lower on Monday, several cryptocurrencies managed to move higher to start the week. XMR was...
Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries
On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the...
Bitcoin, Ethereum Technical Analysis: BTC Below $30,000 to Start the Week
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor....
David Marcus Launches Bitcoin Payments Startup Lightspark
David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central...
Terra (LUNA) Is a Case of Marketing and Memes Gone Wrong, According to FTX CEO Sam Bankman-Fried
The chief executive of crypto derivatives exchange FTX says that the downfall of Ethereum challenger Terra (LUNA) was due to...
Bitcoin in ‘Deep Value’ Area as One Metric Hints at BTC Bottom, Says Macro Expert Lyn Alden
Closely followed macro analyst Lyn Alden says that Bitcoin (BTC) is likely approaching a “deep value” range as certain metrics...
Ethereum Founder Vitalik Buterin Supports TerraUSD (UST) Recovery Plan That Prioritizes Small Holders
Ethereum founder Vitalik Buterin says he supports a suggestion on how to reimburse holders of TerraUSD (UST) following the massive...
Polygon and others extend helping hand to Terra blockchain projects
Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are...
What really goes on at a crypto OTC desk?
Over-the-counter, or OTC, trading refers to any trading that is not done via an automated exchange. What exactly is OTC...
