Animoca denies reports of $200M cut to Metaverse fund and valuation drop to $2B
Speaking with Cointelegraph, Animoca co-founder Yat Siu noted that given the source’s anonymity, it “makes it difficult to ascertain exactly who or what the sources/agenda is.”
Tom Brady’s Estranged Wife Gisele Bundchen Claims FTX Collapse ‘Blindsided’ Her
Former U.S. National Football League (NFL) quarterback Tom Brady’s estranged wife Gisele Bundchen has said she was “blindsided” by the collapse of crypto exchange FTX. Bundchen claimed that she only invested in FTX because her…
80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union…
'US has left a vacuum that other countries are eager to fill': Coinbase
While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert.
Billionaire ‘Bond King’ Jeffrey Gundlach Predicts the Fed Will Cut Rates Substantially Soon
Billionaire Jeffrey Gundlach, aka the “Bond King,” has predicted that the Federal Reserve will be cutting interest rates substantially soon. “Red alert recession signals,” he added, noting that all U.S. Treasury yields two…
Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector
Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the…
Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
Coinbase's former CTO, among others, has predicted that bitcoin will reach $1 million as the dollar fades, but these doomsayers are ignoring other historical precedents.
Amazon's NFT Plans Teased in a Receipt Mailed Friday Afternoon
In an email to CoinDesk's Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.
US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting
Heads of all major U.S. financial regulatory agencies gathered by video to hear a presentation by New York Fed staff that concluded that the banking system “remains sound.”
The surge of the largest cryptocurrency in the market, Bitcoin (BTC), has caught the attention of investors and analysts, with many drawing parallels to BTC’s performance in Q1 2021. While the similarities are striking, some experts caution against…
Animoca Brands cuts metaverse fund target to $800M: Report
The company announced in November 2022 that it was working on a new Animoca Capital fund with a target of $2 billion but then halved that target in January 2023.
Shares of Deutsche Bank, Other Euro Lenders Tumble
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and…
XRP Might Target $0.50 If It Continues To Trade Above This Level
XRP has been trading on a bullish streak over the last few days. In the past week, the altcoin appreciated by close to 18%. On the daily chart, however, XRP slipped nearly 4%. Despite the fall on the daily chart, the altcoin was moving with bullish…
Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K
All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level.
German Dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform
Securities processor Deutsche WertpapierService Bank will provide its affiliates with seamless integration with their current offerings, with more digital assets to come.
Number Of Ethereum Addresses In Profit Hits 10-Month High As ETH Continues Rally
After several spikes since the beginning of the year, up over 40% from January, Ethereum investors have profited, translating into key metrics. According to the on-chain analysis firm Glassnode, the number of Ethereum addresses in profit has now…
Terraform Labs CEO Do Kwon Faces Extradition to South Korea
According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the…
Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains
The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.
Bitcoin Coinbase Premium Continues To Decline, Buying Pressure Ending?
Data shows the Bitcoin Coinbase Premium has declined recently, suggesting that the buying pressure may be slowing down from the US investors. Bitcoin Coinbase Premium Index Has Gone Down In Recent Days An analyst in a CryptoQuant post pointed out…
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