Summary: The CoinFLEX team has announced that it has laid off a significant portion of its team to cut operational costs by 50 to 60%. CoinFLEX has also made cuts in non-staff costs. The team explained...
Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge set October 17th as the beginning...
TLDR: Bloomberg Intelligence senior commodity strategist Mike McGlone stated that Bitcoin trades at a substantial discount. McGlone highlights several observations when making his case, such as technical analysis focusing on key indicators such as the 100-week...
Summary: U.S. Inflation numbers were released on Wednesday, triggering a move in the price of crypto assets. Consumer Price Index data stood at 8.5% for July 2022. The numbers fell from the 9.1% level reported in...
BlackRock launches Bitcoin private trust.
Microstrategy’s Former CEO Michael Saylor pointed out in a recent interview for Stansberry Research that he would rather win in a volatile fashion than lose slowly. Saylor continues to say that the volatility will only impact...
TL;DR Ben Armstrong, also known as BitBoy Crypto warns his followers that he is planning something which will change the crypto industry forever. BitBoy Crypto is a Youtube influencer that has more than 1.5 million followers...
Summary: Michaël van de Poppe opined that Mt.Gox’s Bitcoin repayment process wouldn’t tank the market. The defunct exchange was scheduled to reimburse creditors over 100,000 BTC tokens starting this August but further delays emerged North of...
Climate activists are now turning towards Bitcoin, urging the network to adopt a sustainable PoS consensus. Proof of work network is notorious for its extensive energy consumption, using vast amounts of energy to process crypto transactions ...
TL;DR “Savers are losers,” states Rich Dad Poor Dad author Robert Kiyosaki on his official Twitter account @therealkiyosaki Mr. Kiyosaki has noted that such market crashes will make savers the biggest losers. Mr. Kiyosaki has previously...
Michael Saylor confirmed today that Microstrategy purchased an additional 301 Bitcoins at an average price of $19,851 per Bitcoin. According to Saylor, Microstrategy now holds $130,000 Bitcoins acquired at an average of $30,639 per Bitcoin. MicroStrategy’s...
El Salvador is hosting a conference dubbed “Adopting Bitcoin.” The three-day conference aims to “promote Bitcoin and bring together stakeholders from all sides of the Bitcoin ecosystem to discuss developments related to BTC and its diverse...