Cryptocurrencies performed relatively well this week as Bitcoin recovered to nearly $60,000. Toncoin traded at $7.23, just below its highest level this year, while Solana climbed to $146 from this month’s low of $121. These gains occurred as investors bought the dip amid ongoing developments involving the German government and Mt. Gox wallets. Prices also … Read more

Tether announced a strategic $1.5 million investment in Sorted Wallet on September 19. Sorted Wallet will use the funding to expand its services across Africa and Southeast Asia. Tether is the company behind the leading stablecoin USDT. Tether has invested $1.5 million in Sorted Wallet, a cryptocurrency wallet platform focused on increasing crypto adoption in … Read more

pSTAKE Finance price surged 117% in 24 hours as Bitcoin reached $107,000. The liquid staking token for Bitcoin finance appears poised for a potential pullback. If bulls hold gains, a breakout above $0.08 could bring major resistance levels into play. The price of pSTAKE Finance jumped more than 117% as Bitcoin climbed past $107,000, approaching … Read more

Cathie Wood’s investment firm Ark Invest has sold all of its holdings in the Grayscale Bitcoin Trust (GBTC). The firm purchased approximately 4.32 million shares of the ProShares Bitcoin Strategy ETF (BITO). At the same time, the presale for the new meme-based asset platform Meme Moguls continues to attract investor interest. Cathie Wood’s Ark Invest … Read more

Adrenaline seekers helped this token surge 134% in a week — despite launching only this month The crypto market has largely been in the red this week, with many major coins suffering double-digit losses. One newcomer, however, bucked that trend — xHunter (XHT) posted an impressive 134% price increase over the past seven days. How … Read more

The macroeconomic outlook and rising geopolitical pressure have pushed Harmony (ONE) significantly lower since January. Although there have been brief periods when the token attempted rallies, each advance has ultimately retraced. Could that change soon? Key points upfront: Harmony (ONE) has formed a solid demand zone between $0.106 and $0.121. At the time of writing, … Read more

Bakkt partners with insurance broker Marsh to expand its insurance coverage. The BTC futures platform announced plans to enlarge its institutional liability insurance protection. Launched in August 2018, the platform provides custody solutions for ICE’s Bitcoin futures market and has entered a partnership with renowned insurance broker Marsh. The collaboration between Bakkt Warehouse and Marsh … Read more

The cryptocurrency market has underperformed in recent months, and we may soon see further declines. Arthur Hayes, the former CEO of the crypto exchange BitMEX, believes the cryptocurrency market will face additional downturns in the second quarter of 2022. He expressed this view in a blog post on Monday. According to Hayes, the weak condition … Read more

Cryptocurrencies to Become More Accessible to First Boulevard Customers, a Neobank Focused on Financial Empowerment of the Black Community Visa announced a partnership with digital neobank First Boulevard in a press release published yesterday. First Boulevard, which aims to create generational wealth for Black America, will enable its customers to buy, hold, and trade digital … Read more

Key Takeaways Coinbase is halting all operations in Japan, citing market conditions. Last week the company cut 20% of its workforce, after already reducing staff by 18% in June. The stock has risen nearly 50% year-to-date amid the crypto rally but remains about 85% below its all-time high. The company faces multiple challenges, and CEO … Read more