PRESS RELEASE. Victoria Seychelles, 2023 – Bitget, the leading global crypto derivative exchange, announces to add AI (Artificial Intelligence), Arbitrum, and NFT zone listings to its Innovation Zone for users who would like to expose their crypto portfolio to related tokens in an early stage. The newly listed tokens will need to be regularly reviewed to ensure that the token […]
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Cryptocurrency lending firm Nexo Capital is set to terminate its yield-bearing Earn Interest Product for its customers in the United States roughly a month after it agreed to pay $45 million in penalties to U.S. regulators. Nexo announced the termination in a Feb. 10 blog post saying the product would be stopped on Apr. 1. The program allowed users to […]
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Charles Hoskinson is not a big fan of Ethereum staking. Hoskinson is typically an outspoken crypto founder known to give insight into the community from time to time. This time, the Cardano founder is making it clear that staking digital currencies on the Ethereum blockchain comes with myriad problems and downsides for stakers. He is also just as weary of […]
Read moreCrypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its shares shorted, according to the latest Short Interest Reporting from Feb. 9. The Financial Industry Regulatory Authority (FINRA) collects and publishes twice a month short interest positions of all equity securities. A short position means investors and traders […]
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The first production update of 2023 from publicly listed Bitcoin (BTC) mining companies shows a steady increase in hash rate and a surge in BTC production compared to the previous month, according to a new analysis from Hashrate Index. The majority of public miners increased their bitcoin production in January, with CleanSpark boosting it by 50%, reaching a record monthly […]
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The Quant(QNT) price is bearish after hitting a low of $129 today. Quant long-term price forecast: bullish Previously, the cryptocurrency asset was trending upwards. Prior to this price move, QNT climbed to a high of $163.00 on January 25. The market entered an overbought zone, which made it impossible to continue the uptrend. In the overbought zone, sellers seemed to […]
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FTX may restart. That’s the crazy news for today, that one of the biggest crypto debacles could eventually turn itself around. The news has been greeted with positivity given that FTT – the native token of the now defunct crypto exchange – has risen by more than 35 percent at the time of writing. Could FTX Become Operational Again? Initially, […]
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For the first time since the 7th century, the paper-money economy found its true competition in the internet era. With Bitcoin’s (BTC) debut in 2010, the fiat ecosystem was not only challenged with proving its worth in day-to-day transactions but also safekeeping the investment ecosystem it helped build. Over the years, the crypto ecosystem attracted people from all walks of […]
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El Salvador has been advised by the global monetary watchdog to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature” of crypto markets. A Feb. 10 statement from the International Monetary Fund (IMF) emphasized that Bitcoin’s risks to El Salvador have “not materialized” yet due to the country’s “limited” use of Bitcoin, after IMF staff […]
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