Bitcoin price drops 3% to ten-day lows as Ethereum inches closer to $1K
More downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe.
More downside pressure across crypto amid challenging regulatory events in both the U.S. and Europe.
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the […]
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The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year.
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The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway.
We have known for a while that Tether isn’t 100% backed by cash, but I think crypto faithful wanted them to be at least somewhat legit. Because, cmon – they weren’t really just printing tethers out of nowhere and buying raw bitcoin with them… were they? Also we’ve known that Tether has been slowly being…
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Taiwan’s central bank is yet to conclude work on its central bank digital currency (CBDC) and according to the bank’s governor, the institution may need two more years to finish its work, a report has said. Some of the bank’s next tasks include winning the public’s support, ensuring the system is stable, and building the […]
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