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Cryptocurrencies

“Lower Volatility Confounds Crypto Traders Used to Yo-Yo Swings”

October 25, 2022

“In contradiction to its usual tempestuousness, Bitcoin and some other cryptocurrencies have become less choppy, stupefying market-watchers who’ve long known them for their volatility. The average spread between the past month’s peak and trough across the 10 largest digital assets… Continue Reading…

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Cryptocurrencies

“Bitcoin fails to rally with stocks as $940 million of the crypto is pulled from exchange favored by institutions”

October 18, 2022

“On Tuesday some 48,000 bitcoins moved off Coinbase Pro, a favored exchange among institutional investors, according to data provider CryptoQuant. The outflow was the biggest among crypto exchanges since crypto’s big crash in June of this year and the second-largest of all… Continue Reading…

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Cryptocurrencies

“Coinbase shares slide 11% on hot inflation report”

October 13, 2022

“Shares of cryptocurrency exchange Coinbase dove more than 11% on Thursday after the Consumer Price Index showed inflation continued to increase in September beyond Wall Street’s expectations. Bitcoin and other stocks tied to the success of crypto felt the pain, too. Riot Blockchain, Marathon Digital and Microstrategy were all lower… Continue Reading…

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Cryptocurrencies

“Ether drops 15% since major Ethereum network upgrade as traders take profits and fret over rate hikes”

September 22, 2022

“…Since Sept. 15, the date the merge was completed, to Tuesday, ether is down 15.2%. Bitcoin has dropped 4.4% in the same period. Ahead of the network upgrade, the price of ether roughly doubled from the lows of the year in… Continue Reading…

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Cryptocurrencies

“Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of Ether: Bank of America”

September 13, 2022

“…The notable reduction in energy consumption after the Merge may allow some institutional investors to purchase ether (ETH) for the first time – those who were barred from buying tokens that run on blockchains that use the PoW consensus mechanism,… Continue Reading…

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Business, Cryptocurrencies

“GameStop reports wider loss, announces partnership with crypto exchange FTX”

September 8, 2022

“GameStop said Wednesday that quarterly sales declined and losses widened, as it burned through cash and inventory swelled. The video game retailer also disclosed a new partnership with crypto exchange FTX. Shares of the company rose more than 6% in premarket trading Thursday.… Continue Reading…

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Cryptocurrencies

“Anticipating the Coming Ethereum Merge”

August 30, 2022

“For crypto enthusiasts, a big change is in the air – and it’s not just a change of seasons. It’s the phrase on everyone’s lips: The Merge. It would be the Ethereum blockchain’s most ambitious software upgrade ever, coming after years of… Continue Reading…

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Cryptocurrencies

“FTX grew revenue 1,000% during the crypto craze, leaked financials show”

August 22, 2022

“FTX rode the crypto craze to a billion dollars in revenue last year while expanding its global footprint through a flurry of acquisitions, according to internal documents seen by CNBC…. The crypto exchange’s revenue soared more than 1,000% from $89… Continue Reading…

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Cryptocurrencies

“Coinbase shares soar nearly 20% in boost from meme traders, BlackRock crypto deal”

August 4, 2022

“Shares of Coinbase soared on Thursday after the crypto exchange announced a partnership with BlackRock that will allow its institutional clients to buy bitcoin. Coinbase shares were last up by 25.2%. Earlier in the day they jumped as much as about 40%…… Continue Reading…

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Cryptocurrencies

“Fake crypto apps have stolen over $42 million from investors in under a year…”

July 22, 2022

“The FBI says 244 investors in under a year have been scammed out of around $42.7 million through fraudulent mobile applications that claim to be legitimate cryptocurrency investment platforms. According to a new warning from the FBI, cyber criminals are attempting to… Continue Reading…

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