The past 48 hours brought more pain to the crypto market, with bitcoin plummeting to new lows and the altcoins suffering even more.
Bitcoin Charts Yet Another Yearly LowA lot can change in the cryptocurrency markets in a week. Seven days ago, bitcoin stood around $40,000 after spiking by $1,000 in a day.…
LUNA a Scam Project
Yep, it’s official, Terra (LUNA) is now into the history book of cryptocurrency. LUNA has died out a long back since yesterday. Currently, LUNA stands for a price of $0.00002712,…
#Binance suspends trading of TerraUSD and Luna
CEO says he is ‘very disappointed’ with how the stablecoin creators handled the massive collapse CEO Changpeng Zhao said an “exponential amount” of new luna coins were minted because of…
Facebook Ex Crypto Head Launched a Bitcoin Payments company
Meta concentrates on implementing non-fungible (NFT) tokens into its platforms. Diem was sold to Silvergate Bank for $200 million. Lightspark will provide backend services for businesses. David Marcus, the crypto…
Tether to Swap Tron TRC20 for Ethereum and Avalanche
1 billion USDT worth TRC20 swapped for ERC20, 20 million USDT worth TRC20 swapped for AVAX. Tether is stated to process around 300 million worth of redemption every day. Tether…
FTX CEO bought 7.6% Stake in Robinhood
on after the IPO in July, the stock has progressively declined.For Bankman-Fried, investing in Robinhood was an “attractive investment.”FTX CEO Sam Bankman-Fried purchased a significant 7.6 percent investment in stock…
Emirates Airlines’ acceptance Gives Positive Hopes for Crypto Hodlers
UAE airline service Emirates has planned to add Bitcoin as a payment service. However, the firm plans to launch a metaverse and NFT trading platform. The NFT collectibles will be…
South Korea to Implement Crypto Into Its Institutional Systems by 2024
The South Korean government plans to legalize non fungible-tokens (NFTs).The government would slap a 20% tax on crypto earningsThe legislation proposal to merge Bitcoin and other Cryptocurrencies into the country’s…
Cryptocurrency Sales After 1 Year of Possession Declared Tax-free in Germany
Investors had to keep it for at least ten years before selling it out tax-free until now.The crypto market is recovering after the recent bloodbath. Because of the rising prominence…
Tether (USDT) Loses stability As Mayhem in Stablecoin Continues
Tether (USDT) lost its dollar parity today following the recent drama with Terra’s UST stablecoin. Tether (USDT) lost its dollar parity on Thursday as UST’s debacle sent shockwaves across the…