Nexo (NEXO) coin has maintained its bullish rally and is currently trading well above the $1.10 mark. The Nexo (NEXO) coin reached a high of $1.2133 this week, roughly 120% higher than its low in August. However, the reason for its rally could be linked to Nexo’s announcement that it will add another $50 million …
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The CEO of Snap Inc, Evan Spiegel, has announced that the company is reducing its workforce by around 20%. Additionally, the company will shut down its Web3 division as part of its restructuring plan as it fails to meet its financial targets. Snapchat’s parent company shuts down its Web3 division The note published by Speigel …
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Brazil’s Securities and Exchange Commission is planning to introduce changes to the country’s cryptocurrency regulatory framework. The SEC’s proposed changes come after the appointment of a new board and the rise of crypto activities in the country. Brazil’s SEC plans to change the crypto regulatory framework A report by local media said that some of …
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An analysis by Forbes of 157 cryptocurrency exchanges revealed that their Bitcoin trading data differed from what they claimed. The report published on August 26 by Javier Pax said there were discrepancies between actual numbers and what was reported by some crypto exchanges. Bitcoin trading data on exchanges is likely fake Pax, a contributor at …
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Bitcoin Is in a Deadlock as It Fluctuates Below $20K – August 31, 2022 Bitcoin’s (BTC) price declines marginally as it fluctuates below $20K. The largest cryptocurrency is capable of a further downward move below the $19,540 support. In the same vein, Bitcoin may experience a price rebound which will signal the resumption of the …
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized. Crypto Bourse Coming Soon in Indonesia The Indonesian government is planning to launch a crypto bourse …
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Financial services firm Deloitte has conducted a survey of chief financial officers (CFOs) and found that nearly 50% of respondents expect the U.S. economy to be in recession this year. Furthermore, 39% expect the North American economy to be in a period of stagflation by year-end. CFOs on Recession and US Economy Deloitte, one of …
The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of …
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One of the most popular segments of the Web3 ecosystem is the metaverse, which may represent the future of sectors like blockchain gaming and non-fungible assets (NFTs). Platforms for the crypto business move into the metaverse alongside major tech companies. Here are the top 5 most bullish metaverse projects for 10x returns in 2022 according …
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The recent crypto market condition hasn’t been kind to investors and many are looking for ways to make it big when the market is going down. Battle Infinity Fantasy Sports P2E Coin might just be the investment you’re looking for to survive this crypto winter. Buy IBAT Token Now What is a Crypto Winter? A …
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Michale Saylor, CEO of MicroStrategy, is being sued along with the company for not paying any income taxes in the district of Columbia, even after being a resident for over a decade. This news was brought to light by Attorney General Karl A. Racine in a tweet on Wednesday, where she also sued MicroStrategy for …
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Filecoin (FIL) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $8 mark. Despite showing some strength occasionally, the price of Bitcoin (BTC) remains volatile as this has affected FIL. Filecoin (FIL) has struggled to break through the $5 barrier, but it may now be poised to …
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Axie Infinity (AXS) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $20 mark. Bitcoin’s (BTC) price continues to fluctuate, despite occasional surges. The price of Axie Infinity (AXS) has been difficult to break above $15, but it could be set to make the difference.(Data from Binance) …
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The United States just released the Employment Situation Summary, which describes the present state of the American labor market. Bitcoin, the dominant crypto currency on the market, is banking on the freshly disclosed data for a possible bear market departure. Bitcoin has struggled to maintain its value inside the critical $20,000 level. Despite this, investors …
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Celsius announced that users could cumulatively withdraw up to $50 million from all the locked accounts. These funds are for users who own Celsius Custody Program and Withhold Accounts. This latest decision to reopen withdrawals has spiked the price of CEL by 50%. As of September 2, CEL’s price stood at $1.67, showing a good …
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