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Tesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Week’s Recap

Tesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Week’s Recap

The past seven days were very eventful, and, fortunately, the week ended up in green. The total cryptocurrency market capitalization reclaimed the coveted $1 trillion level and is currently sitting at $1.1 trillion. This comes on the back of considerable increases across the entire market. Starting with Bitcoin, the cryptocurrency is up 14% in seven […]

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Bitcoin Dumps to 11-Day Low Beneath $20K as Global Markets Tumble (Market Watch)

Bitcoin Dumps to 11-Day Low Beneath $20K as Global Markets Tumble (Market Watch)

Bitcoin has taken another turn for the worse by plummeting below the coveted $20,000 mark. Most altcoins are also in the red today, with ETH close to breaking beneath $1,000 and Solana dumping by double digits. Bitcoin Follows Stock Markets South It was just during this past weekend when the primary cryptocurrency aimed higher and […]

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SEC Rejects Grayscale Spot Bitcoin ETF Sparking Lawsuit

SEC Rejects Grayscale Spot Bitcoin ETF Sparking Lawsuit

On June 29, the U.S. securities regulator rejected the proposal by Grayscale to list a spot Bitcoin exchange-traded fund (ETF) on the NYSE Arca exchange. According to the SEC, the proposal did not meet standards designed to prevent fraudulent and manipulative market practices. It stated that the rejection was not based on an “assessment of […]

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Eminem and Snoop Dogg Included Their Personal Bored Apes in New Music Video

Eminem and Snoop Dogg Included Their Personal Bored Apes in New Music Video

Two of the greatest hip hop artists – Eminem and Snoop Dogg – produced a new video that, aside from marijuana, has multiple references to NFTs and BAYC, in particular. Both have experience in the field, owning several digital collectibles. Shady, Snoopy, Bored Apey Marshall Mathers III, as is Eminem’s real name, teased the new […]

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The Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good News

The Largest Investors’ Realized Loss in Bitcoin History Just Happened, But There’s Good News

The bloodbath that brought BTC down from $21,000 to below $18,000 during the weekend has resulted in the largest USD-denominated realized loss for bitcoin investors. Interestingly, long-term holders were among the most active sellers, some of which realized losses in excess of 70%. Largest USD-Denominated Realized Loss Streak After registering the longest negative streak in […]

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Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap

Celsius Drama, 3AC Insolvency Rumors, Bitcoin Amid $20K: This Week’s Crypto Recap

The market has taken a beating over the past seven days, and it’s not looking very good at the time of this writing. Bad news came from various fronts, which resulted in close to $400 billion being wiped off the total capitalization in the past week alone. Let’s unwind. Right off the bat, towards the […]

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BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)

BTC Drops Below $30K, ETH Plummets to Lowest Prices Since March 2021 (Market Watch)

After the US announced the latest record-setting CPI data, bitcoin dumped below $30,000 and registered a two-week low. The altcoins are in an even worse shape, with ETH plummeting to its lowest price level since March 2021. Bitcoin Falls Down Again This past week seemed somewhat more positive for the primary cryptocurrency as it challenged […]

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Max Keiser: There’re a Few Fatal Flaws in Sen Lummis’ Crypto Bill

Max Keiser: There’re a Few Fatal Flaws in Sen Lummis’ Crypto Bill

Following years of lack of regulatory clarity, the US authorities finally received a bill proposition that aims to shed some light on how the local watchdogs could oversee the cryptocurrency industry. Spearheaded by Sen. Cynthia Lummis (R-WY), with bipartisan support from Kirstin Gillibrand (D-NY) and Ted Cruz (R-TX), the bill aims to classify most digital […]

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Bitcoin Fails to Conquer $30K, Ethereum PoS Merge on Ropsten Testnet Successful: This Week’s Crypto Recap

Bitcoin Fails to Conquer $30K, Ethereum PoS Merge on Ropsten Testnet Successful: This Week’s Crypto Recap

The week, eventful as it was, failed to result in a decisive change in any direction. The market is more or less at the same level it was seven days ago, registering a slight decrease. Starting with Bitcoin, cryptocurrency went on a roller coaster over the last week. Seven days ago, it was trading at […]

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