Ronin NFT sales fell drastically in the month of August, which shows a huge decline as it is the most prominent one in the last 16 months. This was due to the fact that the number of unique buyers of these digital collectibles has been declining. In addition, the crypto …
Read More »CFTC Regulation Might Push Bitcoin Price To Double: Says Chairman
The CFTC regulation might alter the way the crypto market currently works by inducing growth, Rostin Behnam, the Chairman of the Commodity Futures Trading Commission noted. He further stated that this crypto regulation might induce the Bitcoin price to be pushed to grow over double of what it stands today. …
Read More »Binance New Zealand Crypto Exchange Launches After Regulatory Approval
Binance New Zealand crypto exchange has recently been launched after the CZ-led crypto trading platform acquired regulatory approval for it. On the launch of the Binance New Zealand exchange, Changpeng Zhao (CZ), the CEO of Binance said that: “We see significant value in having a serious New Zealand presence.” Binance …
Read More »Argo Blockchain: Bitcoin Miner Raises $27Mn To Relieve Liquidity Crisis
Bitcoin miner Argo Blockchain (LSE: ARB), which is based in London recently announced that it was considering a fundraising campaign to relieve the liquidity crisis they have been facing. The company also agreed to offer an issue of 87 million shares to a sole investor. The company recently made an …
Read More »Bitcoin Group Puts Forth A Bid For 268-Year-Old German Bank
Bitcoin Group SE has recently put forward a bid for Bankhaus von der Heydt, which is a 268-year-old German Bank. This bank has been facing the implications of its own decisions made in the cryptocurrency and digital asset domain. This information has been acquired through a press release by the …
Read More »Celsius Bankruptcy Filing: A Huge Blow For Its Customers
Celsius Network, the crypto lender based in New Jersey, has filed its bankruptcy status recently. The move came as a response to the $1.19 billion hole or deficit in its balance sheet. The company filed for U.S. Chapter 11 Bankruptcy on Thursday, July 13, 2022. The firm had earlier put …
Read More »Singapore To Ban Borrowing That Is Used For Crypto Purchases
Singapore to ban borrowing for retail investors soon as proposed by the authorities recently. If you are thinking about what pushed Singapore to ban borrowings, then we have the correct answer. So, the city-state decided to impose a ban on borrowing by retail investors in order to be able to …
Read More »GameStop NFT Opening Week Sales Overshadow Coinbase
On July 11, 2021, GameStop Corp. (NYSE: GME), a gaming merchandise retailer, announced that it has launched its non-fungible token marketplace to allow gamers, collectors, creators, and other community members to buy, sell, or trade NFTs. The GameStop NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that lets the …
Read More »Famous CryptoPunk NFT Surpasses The Bored Ape Floor Price
The crypto market is still in bloodshed. Amidst this, the NFTs or the Non-Fungible Tokens are still hyped. It has been seen that in the past five days, the NFTs stemming from the famous CryptoPunk NFT collection have successfully surpassed the floor value of Bored Ape Yacht Club (BAYC) created …
Read More »Blockchain.com Workforce Trimmed By 25% Amid Crypto Crash
The major cryptocurrency exchange, Blockchain.com, is set to conduct a huge layoff trimming about 25% of its workforce. About 150 employees are going to be terminated soon. The Blockchain.com workforce cut is attributed to the persistent crypto market crashes in recent months. The exchange said that they are doing so …
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