press release PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA Hits a High Note Radio Caca (RACA), one of the world’s leading Web 3.0 companies, today announced the collaboration between Radio Caca and Vietnamese celebrity singer Son Tung M-TP, who will join its United States …
Monthly archives: May 2022
El Salvador Buys the Dip Again and Purchases 500 Bitcoin (BTC) Amid Crypto Crash
El Salvador is continuing to buy the dip on Bitcoin (BTC) even as the crypto markets suffer a major crash. El Salvadoran President Nayib Bukele recently announced the Central American nation bought an additional 500 BTC at an average purchase price of about $30,744. “El Salvador just bought the dip! 500 coins at an average …
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Investing Legend Mark Mobius Issues Warning to Crypto Investors, Details Dire Price Targets for Bitcoin (BTC)
Seasoned investor and co-founder of Mobius Capital Partners Mark Mobius is issuing a warning to Bitcoin (BTC) traders that devastating losses still await the leading crypto asset. In a new interview with Financial News London, Mobius warns against “buying the dip,” saying that a meltdown taking the top digital asset by market cap all the …
BNY Mellon, Singapore Sovereign Wealth Fund Participate in Crypto Data Platform’s $170,000,000 Fundraising Round
The Government of Singapore Investment Corporation (GIC), Singapore’s sovereign wealth fund, and US banking giant Bank of New York Mellon Corporation (BNY Mellon) are leading a new $175 million fundraising round for crypto data platform Chainalysis. After the latest funding round, Chainalysis’ valuation is now $8.6 billion, making the platform the largest enterprise software as …
FTX Crypto Exchange CEO Sam Bankman-Fried Purchases Substantial Stake in Trading App Giant Robinhood
The CEO of crypto exchange platform FTX is purchasing a considerable position in Robinhood after the trading giant’s stock hit an all-time low. According to a disclosure filing to the U.S. Securities and Exchange Commission (SEC), Sam Bankman-Fried bought 56.27 million shares of the company for about $650 million after the stock hit an all-time …
Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining
This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced plans to introduce a 20% tax on crypto gains. During its worst moment, the total market crypto market cap faced a 39% drop from $1.81 trillion to $1.10 …
CFTC commissioner appoints senior policy adviser experienced in digital asset regulation
In a Friday announcement, Pham said Keaghan Ames will be her counselor and senior policy adviser at the CFTC starting May 23. Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. He will be joining the CFTC …
Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed
It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar. The bearish headwinds for the crypto market have been building since …
Crypto donations fund ATVs and gas masks for Ukrainian military
Ukrainian officials have used funds from the crypto donation platform launched by the government to purchase supplies for the country’s military amid its ongoing war with Russia. In a Friday tweet, Ukraine’s minister of digital transformation, Mykhailo Fedorov, announced that the country had purchased five all-terrain vehicles, which “will come in handy for a challenging …
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TerraUSD Prices Are Falling—What’s the Future of the Stablecoin?
TerraUSD prices have fallen dramatically over the past week. Can the stablecoin recover its $1.00 price peg? TerraUSD, a popular stablecoin designed to maintain parity with the U.S. dollar, is rapidly falling in value. The losses appear to be caused by widespread sell-offs of an associated asset, LUNA, and the coin’s future is now unclear. …
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Microsoft Excel is Now Baselined
In December, 2021, the Core Developer Community of the Baseline Protocol, an EEA Community Project, Demonstrated How to Baseline an Excel Spreadsheet with Other Systems of Record Nearly 35 years since its advent, Microsoft Excel is now a staple for many organizations. It’s used to input, manage, store, report and analyze sensitive data on a …
The Value of El Salvador’s Bitcoin Holdings Drops by $40B Due to the Ongoing Crypto Market Pullback
Summary: El Salvador’s Bitcoin holdings have lost value by roughly $40 million This amount is almost equal to El Salvador’s next coupon payment on its debt for the month of June, worth $38.5 million However, President Bukele has an 85% approval rating President Bukele also shared plans for the country’s Bitcoin City El Salvador’s Bitcoin …
Crypto Assets Are Showing Signs of Bottoming Out, Says Macro Guru Raoul Pal – Here’s Why
Macro guru Raoul Pal says the crypto market is nearing its bottom amid a downturn that’s seen Bitcoin (BTC) fall below $30,000. As the prices of crypto assets continue to plummet, the former Goldman Sachs executive tells his 938,900 Twitter followers why he thinks the market could be on the verge of recovery. “Crypto is …
Failed exit? Traders complain Crypto.com reversed profitable LUNA transactions
Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the community. In a Friday news release, Crypto.com said that LUNA trades have been halted due to a pricing error between 12:40 and 13:39 UTC on May 12. …
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Crypto Stories: YouTuber CryptoWendyO shares how her healthcare skills helped with crypto trading
CryptoWendyO heard about Bitcoin (BTC) on the radio and decided to take a risk. Little did she know, the risk she would take would change her life in ways she never thought possible. The influencer shared her Bitcoin journey in this episode of Crypto Stories. [embedded content] In her younger days, life wasn’t too kind …