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BlockFi’s CEO Zac Prince on July 1 announced a $400 million credit facility from FTX and the option to purchase the company in its entirety for up to $240 million depending on performance. The post FTX gives BlockFi $400M credit facility; has option to buy company for up to $240 million appeared first on CryptoSlate. origin »
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Solana's [SOL] recent drop below its 38.2% Fibonacci support pThe post Solana [SOL]: Rebound from median of Pitchfork can open doorways for... appeared first on AMBCrypto. origin »
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Since attaining its all-time high (ATH) on 28 April 2022, the The post ApeCoin [APE] traders willing to go short can make most of this pattern appeared first on AMBCrypto. origin »
Despite the uncertainty that plagues the future of XRP as a result of the legal tussle with the Securities and Exchange Commission (SEC), during intraday trading hours on 30 June, it performed better The post XRP: Analyzing what growth in active address could mean for long-term holders appeared first on AMBCrypto. origin »
El Salvador's president Nayib Bukele announced on 1 July that his country added 80 Bitcoin [BTC] to its balance sheet. He also noted that the purchase was made at $19,000 per BTC, a price level that hThe post Is Bitcoin really cheap at $19,000? Assessing if it could go further down appeared first on AMBCrypto. origin »
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Since early April, Zcash has been on a stThe post Zcash retests $56 as resistance; these Fib levels can serve as support appeared first on AMBCrypto. origin »
Ethereum [ETH] concluded June with a 27% bearish push in the last five days of the month after enjoying a brief relief rally. The bearish end of June resulted in the token dropping below $1,000, folloThe post Ethereum traders should know this reason behind ETH's latest sell-off appeared first on AMBCrypto. origin »
Esteemed artist Miltos Manetas will tokenise 50% of his Julian Assange portraits, with the goal of raising awareness for the imprisoned activist. To further cement the blockchain connection, proceeds of the NFT drop will enter a DAO that forms part of the Venice Biennale Festival’s Internet Pavilion, a tech tent founded by Manetas in 2009. origin »
According to a Chainanalysis report, in the first half of 2021, Asia accounted for 28% of the overall $1. 16 trillion global cryptocurrency transaction volume. Also, data from Messari shows that Asian markets accounted for 43% of global cryptocurrency activities with $296 billion in transactions between June 2020 and June 2021. origin »
The “delta capitalization” model of Bitcoin may suggest that around $15k could be a possible bottom for the crypto’s price. Past Delta Cap Trend Shows Bitcoin May Still Face More Decline Before A Bottom As explained by an analyst in a CryptoQuant post, the BTC market cap is now below the realized cap, but still above the delta cap. origin »
The cryptocurrency hedge fund, which used to have $10 billion worth of assets under management, is now officially bankrupt origin »
Goldman Sachs analysts believe Bitcoin and the crypto market could see some relief, but only further short and mid-term turmoil. A recent report from the banking institutions claims the crypto market has been moving in tandem with the U. origin »
Voyager Digital has announced that it is temporarily suspending withdrawals and most other financial services. Voyager Suspends Most Services In a blog post, Voyager said that it will temporarily suspend... origin »
Meta's crypto remittances project Novi emerged after the Libra stablecoin project rebranded. origin »
The price of Nvidia GPUs is tumbling as crypto miners capitulate, with prices on the secondhand market down by as much as 50%. The post Nvidia Cards Tumble in Price as Crypto Miners Capitulate appeared first on BeInCrypto. origin »
Crypto lending platform BlockFi addressed the rumors of a potential purchase from major crypto exchange platform FTX. Initially reported by U. S. news outlet CNBC, the company was allegedly being bought by FTX at a $25 million valuation, a 99% discount from its nearly $5 billion 2021 valuation. origin »
Coinbase wants to continue its European expansion in the middle of the brutal bear market origin »
Amidst regulatory sanctions, DDOS attacks, and the general market downturn that has impacted the activities of the leading play-to-earn gaming platform, STEPN launched its decentralized exchange (DEX)The post STEPN: How Play-to-Earn gaming tokens have fared since the launch of its DEX appeared first on AMBCrypto. origin »
Shares of the troubled digital broker were down more than 17% on Friday. origin »
CryptoSlate hosted an AMA Friday, July 1, to talk about NFTs and digital rights. The post Can NFTs really give you digital rights? CryptoSlate AMA with Theta Labs, AfterOrder, and SolSea appeared first on CryptoSlate. origin »
The FTX CEO said helping rescue crypto miners might help mitigate the credit contagion in the crypto sector. origin »
BTC slips below $19K in fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer-spending slowdown stokes fresh recession concerns. origin »
Former hedge fund manager Michael Burry made another bearish prediction for Bitcoin and traditional equities. Renowned for his short position which preceded the U. S. housing market crash, and one of the periods in recent economic history for the world, Burry believes more pain for BTC’s price is ahead. origin »
Beleaguered crypto firm Three Arrows Capital filed for bankruptcy late Friday. origin »
No matter how pessimistic or even dismissive traditional finance experts are about cryptocurrencies, the industry is burgeoning. If you own solely bitcoin or some other altcoins and no fiat, you have access to almost all traditional banking products and services like lending, borrowing, interest rates, investing portfolios, etc. origin »
Cryptocurrency hacks have been significantly decreasing in numbers since the beginning of the year. The post Crypto hacks are declining in numbers but increasing in damage appeared first on CryptoSlate. origin »
American rapper Snoop Dogg has been one of the most prominent names when it comes to the non-fungible token (NFT) and Web3 space. Snoop Dogg has launched several projects across different blockchains and has shown vast interest in the space as a whole. origin »
It's "D" Day for India as the crypto community deals with the imposition of the most controversial tax provision today. Calculating the predicted impact of the tax will be a wait-and-watch game at a time when the global investment community is facing a slowdown. origin »
NuGenisis, the world’s leading provider of blockchain technology and Meta hardware, has launched its much-anticipated Ledgerx. exchange. The new exchange is able to transact at over 100000 transactions a second, making it one of the fastest decentralized exchanges in operation. origin »
The reductions come amid a crypto market crash, and after the return of Ignite’s controversial ex-CEO. origin »
Effective immediately, Voyager Digital has suspended all activity, including trading, deposits, withdrawals, and rewards. The post Voyager Digital suspends trading, deposits, withdrawals – stock drops 38% appeared first on CryptoSlate. origin »
USDT issuer Tether is shifting its reserves away from commercial paper to low-risk U.S. treasury bills. Tether Cuts Paper Asset Reserves Tether is reducing its commercial paper reserves. The USDT... origin »
Summary Who Is WunderTrading Best For? Features Buy crypto with credit card: WunderTrading supports a variety of payment methods including Visa, Mastercard, Skrill, Bank Transfer (SEPA) and of course, Bitcoin. origin »
Global exchange giant Huobi‘s founder and CEO Leon Li is reportedly looking to sell his more than 50% stake in the company as the exchange struggles on the revenue front after banning Chinese users. origin »
European Union (EU) lawmakers reached a political agreement on June 30 for crypto-asset regulation. The post Stablecoins put on notice as EU lawmakers agree on landmark MiCA framework appeared first on CryptoSlate. origin »
Caitlin Long said bankruptcies were inevitable the moment bitcoin “started being leveraged, rehypothecated, or financialized with debt.” origin »
Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies. origin »
The crypto industry has experienced its worst month ever as over $400 billion was wiped off the market by the capitulation of digital assets in June. The post Bitcoin experiences worst month in history as over $400B is wiped off crypto market in June appeared first on CryptoSlate. origin »
In a bid to answer the question of where does big venture capital money go to, a new analysis looked at the most recent data on unicorns. The post Top 10 VC firms have ownership in 38% of all unicorns appeared first on CryptoSlate. origin »
The price of Ethereum (ETH) has not yet hit its lows and could eventually fall a further 40%, a hedge fund manager has said. The post Crypto Hedge Fund Founder Predicts Ethereum Will Plunge to $500 in Two Months appeared first on BeInCrypto. origin »
Algorand network grew as DeFi activity boomed in 2021 Algo price bottomed at $0.28,… The post Algorand’s token is bullish, but where are the buyers? appeared first on CoinJournal. origin »
Wonderland has voted to pour $25 million into Sifus new cryptocurrency project; it appears, however, that Sifu himself had enough tokens to swing the vote in his favor and profit... origin »
NMR is the native token of Numeraire and has gained by triple digits in… The post This little-known crypto token has returned 171% in 2 days with surging volume appeared first on CoinJournal. origin »
Bisq was formerly known as Bitsquare and this is an updated review of our initial article on Bitsquare. Bisq has come a long way to become perhaps the only absolutely decentralized exchange in the crypto world. origin »
BlockFi will also receive a $400 million rolling credit facility from FTX.US. BlockFi Inks Deal With FTX.US BlockFi has agreed to an acquisition deal with FTX.US. (Long thread!) Excited to... origin »
XT. com, the world’s leading marketplace for trading digital assets, is ecstatic to make the announcement that it will list the Land of Fantasy (LOF) Token along with the USDT trading pair in its Main Zone (Metaverse) on July 1, 2022, at 7:00 AM UTC (UTC). origin »
Polygon’s MATIC token concluded the month of June with a 30% bearish correction. The token has kicked off July with the same bearish energy and may potentially seek more downside due to a network atThe post MATIC- Attack on network component but exchange outflows high, here's why appeared first on AMBCrypto. origin »
Columbia integrated a digital lang registry system built on Ripple‘s XRPL Blockchain into its National Land Agency. The post Colombia integrates Ripple’s XRPL for land registry appeared first on CryptoSlate. origin »
Decentraland is a blockchain protocol for powering individuals to the Metaverse. MANA/USD has been… The post Decentraland’s MANA may have bottomed at $0.78, but buyers be cautious appeared first on CoinJournal. origin »
Bitcoin trades at above $19,000 in a bear market and support area 200-day moving… The post Key breakout to accelerate Bitcoin weakness as price slips below 200-day MA appeared first on CoinJournal. origin »
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