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Solana, Avalanche and Polkadot prices tumble as much as 20%. Bitcoin drops less as largest cryptocurrency serves as a haven.
Mike Novogratz, a bitcoin bull, says that the currency will eventually lose its correlation with the stock market as it becomes mature.
The cryptocurrency market has lost over $1.6 trillion since November, but that hasn't tempered the passion of the bitcoin evangelists.
Internet users are turning to blockchain technology to prevent content including images, videos and social-media posts from disappearing
After years of delays, Ethereum co-founder Vitalik Buterin confirms that the “merge” will finally happen this summer. The merge is a highly anticipated upgrade to Ethereum that, if all goes smoothly, will shift the major blockchain from a proof-of-work mechanism to proof-of-stake.
FTX Stocks offers trading and investing in hundreds of US exchange-listed securities, including common stocks and ETFs, in an integrated experience within the existing FTX US cryptocurrency trading application. The launch will commence in a private beta phase for select US customers chosen from a waitlist.
In 2018, Binance put $3 million into Luna and received 15 million tokens in return. At Luna’s price peak in April, those tokens were worth $1.6 billion, Binance CEO Changpeng Zhao said in a Monday tweet. At Luna’s price now, the tokens are worth about $2,391.
Cryptocurrency exchange FTX's founder has said that bitcoin has no future as a payments network and criticized the digital currency for its inefficiency and high environmental costs, the Financial Times reported on Monday.
Economist and cryptocurrency critic Nouriel Roubini is heading up the development of a tokenized asset to combat fears of rampant economic stagnation and inflation.
During the market event, the price of UST hit a low of $0.9857 on Binance against USDT.
Excessive Terra supply coupled with UST supply contraction coincides with LUNA’s price decline.
Italian fashion house Gucci will allow cryptocurrency payments in some stores in the US. Forms of crypto accepted include Shiba Inu, Bitcoin, and Dogecoin.
Bitcoin fell 8% in under 24 hours, dipping below $36,000 before stabilising. The crypto market as a whole dropped 7% within the same time period, with Ethereum losing 7% from yesterday’s price and the rest of the top 10 losing between 5% and 9%.
The Central African Republic (CAR) became the second country in the world after El Salvador to adopt Bitcoin as legal tender. It is also the first to accept it as an official currency.
A new NFT release from the Bored Ape Yacht Club overwhelmed the Ethereum network on Saturday night, causing gas fees to rise to thousands of dollars.
Yuga Labs plans to sell digital non-fungible token "deeds" to virtual real estate in its new game "Otherside."
The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank's annual general meeting on Friday.
The investment firm set a limit at 20% for digital assets, though employers can lower that for their plan participants if they want
Popular stablecoins such as Tether and USD Coin are backed by reserves of US dollars and other assets, preventing their prices from rapidly changing like those of some other digital tokens.
Despite being so volatile, history shows us that bitcoin has been the best performing asset of all time. It has outpaced stocks, commodities, and bonds.
Two moving averages warn of a bear market-style price floor in the making, says analysis one month after Bitcoin’s weekly chart "death cross."
Bitcoin extended this month’s losses in Monday trade as investors shied away from risk assets amid a more hawkish outlook for Federal Reserve policy tightening.
Do Kwon is counting on the oldest cryptocurrency as a backstop for his stablecoin, which some critics liken to a ginormous Ponzi scheme.
The Terra blockchain's algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. The asset now trailing only behind industry giants Tether (USDT) at $82.8 billion, and USD Coin (USDC) at $50 billion.
Bitfinex CTO Paolo Ardoino expects bitcoin to be "well above $50,000" by end of the year. Mike Novogratz, Galaxy Digital CEO doubled down on his $500,000 future prediction for bitcoin.