3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive...
Month: August 2022
United Texas Bank CEO wants to ‘limit the issuance of US dollar-backed stablecoins to banks’
Scott Beck, the CEO of United Texas Bank, claimed that stablecoin issuers like Circle were “effectively sucking deposits out of...
FTX US among 5 companies to receive cease and desist letters from FDIC
The government agency had previously stated that deposits at non-bank entities, including crypto firms, are not covered by FDIC insurance....
Crypto Fear and Greed Index Shows Market Sentiment Remains Fearful
After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets...
Nearly $55M worth of Bored Ape, CryptoPunks NFTs risk liquidation amid debt crisis
Analysts are divided on whether the potential NFT liquidation event is a buy-the-dip opportunity. Many owners of precious Bored Ape...
Ethereum Merge prompts miners and mining pools to make a choice
The Ethereum Merge to PoS is slated for the third week of September, eliminating PoW mining. Experts weigh in on...
Merkle trees vs. Verkle trees, Explained
This article helps you to understand the importance of and differences between Merkle vs. Verkle trees in blockchain. Merkle trees...
Value Locked in Defi Loses $5.7 Billion in 5 Days, Smart Contract Tokens Shed 7.8% in 24 Hours
The total value locked (TVL) in decentralized finance (defi) has slid 8.53% over the last five days since August 14,...
Biden is hiring 87,000 new IRS agents — and they’re coming for you
The Internal Revenue Service is hiring a fleet of new agents. And they’re probably coming for you — regardless of...
SBI lost 40% of hash rate after stopping mining in Russia: Data
After terminating mining operations in Russia's mining-rich region of Siberia in February, SBI still continues running some mining activity in...
Crypto market bloodbath leads to over $500M in liquidations in 24 hours
Data from crypto analytic firm Glassnode shows future long liquidation of BTC touched a new 8-month high as BTC price...
Weak address growth points to Bitcoin price failing to sustain $25K
Active addresses did not mimic previous successful price breakout this month, one analyst says, while seemingly realized price returns as...
Nifty News: NFL All Day opens to the public, Boss Beauties go to Hollywood and more…
Oscar-winning actor Anthony Hopkins is jumping on the NFT train, while lovers of fine art are set to enjoy a...
Robinhood lands steep 60% discount on $170M exchange acquisition: Report
The US-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu...
Bitcoin Price Prediction for Today August 18: BTC Price Drops as It Targets Crucial Support at $22K
Bitcoin Faces Stiff Resistance as It Targets Crucial Support at $22K – August 18, 2022 Bitcoin (BTC) has slumped below...
