Tag: crypto news

Aug 19 2022

Australian Crypto Exchange Swyftx Cuts Its Workforce By 21% Amid Bear Market

The low prices of cryptocurrencies have lowered crypto services platforms' income. As a result, it forced many crypto exchanges to lay off their staff to fight the challenging global economic conditions of 2022. Following the footstep of other companies, Swyftx, an Australian-based crypto exchange, has announced cutting its workforce by 21% to minimize the cost and survive in the bear time. The company's...

Blood On The Streets As Crypto Market Liquidations Cross $600 Million

Liquidations across the crypto market have quickly added up in the last day. Bitcoin had dropped below $22,000, triggering rapid losses for traders. These traders had obviously been following the recent bullish trend in the market but are now paying dearly for it. More than 150,000 traders have now lost their positions, leading to one of the worst liquidation trends to be recorded...

Cardano Price Plunge Hard, What Next For ADA Price?

The post Cardano Price Plunge Hard, What Next For ADA Price? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide At the time of publication, along with other major cryptocurrencies, Cardano has plunged by 13.97% in the last 24hrs and is now trading at $0.465. ADA, Cardano Blockchain’s native currency, is now selling at freshly formed monthly lows, just above...

Bloodbath Anticipated for the Crypto Markets ahead of FED Rate Hikes

The post Bloodbath Anticipated for the Crypto Markets ahead of FED Rate Hikes appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The global crypto market cap seems to have again lost its bullish stance, and the top assets- Bitcoin and Ethereum- have begun to shed all their gains. In just one hour, Bitcoin and Ethereum have dropped by 4%....

Australian Researchers Claim Insider Trading At Coinbase

The post Australian Researchers Claim Insider Trading At Coinbase appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Crypto Exchange Coinbase recently reported a $1 Billion Loss in Q2. Coinbase’s revenue tanked more than 64% during quarter-two year-over-year amidst the crypto market collapse. The retail transactions revenue also dropped by 66%, to now stand at $616.2 million. The hurdles for...

Facebook Lets Its Algorithm To Decide – The Result? 60 Employees Are Fired!

Aug 19 2022 Published at Bitcoinist.com under tags  algorithm btcusd crypto crypto news diem

Facebook is the latest major technology corporation to initiate mass layoffs, randomly selecting 60 contractual staff using an algorithm. The displaced contractors at Accenture's Austin, Texas headquarters were informed of the decision in a Tuesday video call and were not provided a clear explanation as to why they will lose their positions, Business Insider reported on Friday. As the company prepares for a...

‘Mad Money’ Host Jim Cramer Urges SEC to Crack Down on Crypto Pump-and-Dumps

The post ‘Mad Money’ Host Jim Cramer Urges SEC to Crack Down on Crypto Pump- and-Dumps appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide CNBC Show “Mad Money” host Jim Cramer has recently pleaded with the U.S securities regulator. On Thursday’s episode of his show, Cramer requested the U.S. Securities and Exchange Commission to extend their control on cryptocurrency pump-and-dump...

Make Or Break Moment For Bitcoin Price, Here Are The Key Levels

The post Make Or Break Moment For Bitcoin Price, Here Are The Key Levels appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Just a few days back Bitcoin price lost its crucial $24,000 mark against the bearish pull down. Today the currency has invited a few more losses after losing its hold on $23,500, $23,200 and finally $23,000 mark....

Crypto Juggernaut Founder Labels Meta And Microsoft As ‘Digital Dictatorships’

Aug 19 2022 Published at Bitcoinist.com under tags  crypto news metaverse

The crypto market has shed more than $2 trillion of its value since November last year. As a safeguard against the market's heightened volatility, a number of investors and traders opted to remain in the backseat. However, the industry is being led by the founder of a Hong Kong-headquartered game software company and venture capital firm. Yat Sui, the executive chairman of Animoca...

Bitcoin Falls Below $22,000 These are The Top 3 Reasons

Aug 19 2022 Published at UseTheBitcoin under tags  breaking crypto news

Bitcoin (BTC), the largest and most valuable cryptocurrency in the market has fallen below $22,000 for the first time since late July. Over the last few weeks, Bitcoin […]

Is It the End Of Ethereum Merge Mania? What Next For ETH Price?

The post Is It the End Of Ethereum Merge Mania? What Next For ETH Price? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Recently, Ethereum ran its final dry run for the “merge.” The shift of its consensus mechanism is expected to make it faster and more energy-efficient. One of Ethereum’s test networks, called Goerli, simulated a process identical...

Cardano To Outperform Ethereum – Traders Need To Keep Close Watch on ADA/ETH Pair

The post Cardano To Outperform Ethereum - Traders Need To Keep Close Watch on ADA/ETH Pair appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide A closely followed crypto analyst and trader, anonymously known as InvestAnswers’s host, has disclosed his analysis for two of the major cryptocurrencies. The analyst informed his 443,000 YouTube subscribers that he is closely watching two...

Here’s Where BTC, ETH, SHIB, BNB & OP Prices Will Hit By End Of August

The post Here's Where BTC, ETH, SHIB, BNB & OP Prices Will Hit By End Of August appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide One of the closely followed crypto analysts and traders has come up with his analysis for a few of the largest cryptocurrencies. An anonymous strategist known as Altcoin Sherpa believes that though Bitcoin (BTC)...

Chainlink (LINK) & Binance (BNB) Price To Surge 50% Soon, Here’s When You Should Buy

The post Chainlink (LINK) & Binance (BNB) Price To Surge 50% Soon, Here's When You Should Buy appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide While the overall crypto market is facing a downward movement, one of the well-known crypto analysts and strategists is forecasting a massive bull run for two of the altcoins. Michael van de Poppe, the...

These 16 Crypto Exchanges Have Been Flagged By South Korean Financial Regulator

The Korea Financial Intelligence Unit (KoFIU) has decided to pursue some crypto firms that lack proper regulatory approval. A total of 16 firms have been in the regulator's radar as they have not aligned with the regulatory approval. These firms had advertised crypto and and had offered the services to the Koreans without having appropriate requisite registration. Financial Services Commission is now planning...

What Lies Ahead For Ripple’s XRP Price?

The post What Lies Ahead For Ripple’s XRP Price? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide It's been almost a week that the crypto market has been under bearish control as the Bitcoin price action has pulled down almost all of the major cryptocurrencies including XRP price. However, at the time of writing, XRP has plunged by 4.05%...

Jump Crypto To Make Solana Validator Client Software To Enhance Performance

Solana network and Jump Crypto has recently collaborated to improve Solana network's stability. Solana network especially this year has fallen prey to numerous network outages and congestion which has frequently caused slowing down of the network. Jump Crypto, a Web3 infrastructure developer and investor has decided to partner its efforts in order to improve decentralization and help uplift the overall performance of the...

Aug 18 2022

What’s Cooking? Celebrity Gastronaut Gordon Ramsay Enters Metaverse With Hell’s Kitchen

Gordon Ramsay, a Michelin-starred chef and television personality, just announced that Hell's Kitchen will soon be available online in the metaverse. Sharpen your blades and prepare your saucepans. Gordon Ramsay Joins The Metaverse According to a Medium post, Gordon Ramsay's Hell's Kitchen will join the metaverse through a collaboration with The Sandbox. The deal will feature assets like Gordon Ramsay avatars and deliver...

UN Exec: Regulating Crypto Use Will Make Internet Safe

Ghada Waly, executive director of the UN office on drugs and crime, has argued that restricting the usage of cryptocurrencies can help make the internet a bit safer. Controlling Crypto Will Keep Internet Safe On August 18, Waly emphasized that the focus should be on examining how digital assets are utilized unlawfully during a session with the World Economic Forum. Notably, many assets...

Why the U.S. Extradited This Alleged Russian Crypto Money Launderer

Aug 18 2022 Published at Bitcoinist.com under tags  btcusdt crypto crypto news ethusdt

Per a press release from the U.S. Justice Department, an alleged crypto money laundering scheme has taken a hit. Authorities from this country managed to extradite a Russian national that allegedly laundered as much as $70 million. The suspect is called Denis Mihaqlovic Dubnikov (29) will face charges in the District of Oregon, Portland. The suspect was being presented in federal court, at...

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