JPMorgan Hints Prolonged Crypto Winter Amid Decline in VC Funds
The third quarter of this year saw a record low of $4.4 billion in venture capital financing. Coinbase said that it does not anticipate a rapid recovery in the cryptocurrency…
Bitcoin (BTC) traded above $20k with an increase of 8% in 2 weeks.
Presently, BTC has a market cap of $395 billion. As a result of the market crash, several industries like Terra, Three Arrows Capital, and Celsius Network, have collapsed. Also, the…
Vitalik Buterin says Elon Musk ‘Very High Variance Actor’ on Twitter Takeover
Vitalik Buterin is the latest one to weigh in on Musk’s chaotic acquisition. It has been a week since Elon Musk took ownership of Twitter, and he has wasted no…
3 Top Metaverse Coins
3 crypto coins that are used for Metaverse are SAND, MANA, and AXS. Sandbox surged more than 14% in the previous 14 days.The concept of “Metaverse” is frequently used in…
Indian minister is blaming crypto for growth in anti-social activities
Amit shah stated that the amount of drug smuggling cases has increased by 152% between 2006-2022. According to ANI, more than 13 tons of drugs were seized in the presence…
Union Bank of Philippines Launches Pilot BTC and ETH Trading
The bank issued its own stablecoin in 2019. The Union Bank of the Philippines has started a trial operation. One of the Philippines’ biggest banks has introduced crypto investing services.…
Binance considering buying a bank with Over $1 Billion to bridge the gap between TradFi and cryptocurrency
Binance is considering purchasing a bank soonly, as per Changpeng Zhao. CZ stated that the exchange is open to minority investments. Changpeng Zhao, the Binance CEO, has the desire to…
Robinhood made $175M Net Loss 3rd Quarter in 2022
Bitcoin and Ethereum are still ranging in a confined range.Shares gained almost 4% in after-hours trading, reaching about $12. Even as Crypto winter warms up, the investment app Robinhood is…
Iris Energy a Bitcoin Miner about to Default for their $103 Million Loan
Iris Energy follows Core Scientific and Argo Blockchain as the latest industry heavyweight that will likely fail to pay off its debt.Yet another major North American Bitcoin miner is looking…
MoneyGram to Enable US Customers to Trade and Store Bitcoin and Ether
MoneyGram users in the United States will now be able to trade and hold major crypto like Bitcoin, Ether, and Litecoin. Money transfer services giant MoneyGram will now allow customers…