The world-famous cryptocurrency exchange platform FTX increased its revenue by more than 1,000% during 2021, from $89 million to $1020 million, according to company financial documents leaked to news outlet CNBC. According to the documents, FTX’s net revenues during 2021 grew exponentially to more than $387 million. A significant increase compared to the $14 million it made in 2020. The Crypto Winter is a Billion Dollars Opportunity In 2022, the company has continued its hot...
Read More »NFL Team Houston Texans Now Accept Bitcoin Payments for Game Suites
The professional American football team, Houston Texans, has become the latest National Football League (NFL) team to accept Bitcoin as payment for its single-game suites. The club said it had already made its first crypto sale after selling a suite to digital marketing agency EWR Digital. Single game suites are exclusive football viewing spaces in stadiums that accommodate a small number of fans who want access to unique benefits such as food and beverages and a preferred...
Read More »BTC Facing Major Support: Breakdown Could Quickly Lead to $18K Retest (Bitcoin Price Analysis)
Bitcoin had seen a short-term uptrend, which acted as a correction to the longer term’s downside action, which lasted for the past months. However, this rally might have come to its end. Technical Analysis By Shayan The Daily Chart The 100-day moving average (roughly at $24K) has acted as a strong resistance zone and rejected the price action. The outcome was a massive breakdown from BTC’s prng low. A breakout from alow typically signals a bearish reversal as most of the sell...
Read More »Alleged Russian Crypto Money Launderer Extradited to the US
Accused crypto money launderer Denis Mihaqlovic Dubnikov has been extradited to the United States from the Netherlands to face charges in the District of Oregon. The US Department of Justice (DOJ) said Dubnikov was charged by a federal grand jury in Portland for his alleged role in an international crypto money laundering conspiracy last August. According to the official press release, the indictment stated that the 29-year-old Russian citizen and his accomplices had full...
Read More »The US Treasury Is Beginning Its Crypto Research
The U.S. Treasury is doing additional research on crypto. The organization is looking to study the benefits, risks, and disadvantages that come with the space to align itself with the recent crypto executive order issued by “sleepy” Joe Biden. The Treasury Wants to Know About Crypto The crypto executive order came about several months ago. Biden garnered temporary praise for being the only acting president to engage in pushing crypto regulation, though this praise...
Read More »Bitcoin-Preis stürzt ab
Bisher gab es nur positive Signale im August zu vermelden. Doch innerhalb der letzten zwei Tage verlor der BTC mehr als 13 Prozent seines Wertes. Der gesamte Markt brach in ähnlichen Dimensionen ein, wodurch die positive Entwicklung der letzten Wochen fast vollständig aufgezehrt wurde. Bitcoin News: Bitcoin-Preis stürzt abIn der Nacht zum Freitag startete ein großer Sell-Off den Kursabsturz. Die Cryptobörsen sahen zuletzt einen deutlichen Inflow an Kapital, so dass die generelle Marktlage auf...
Read More »Bitcoin Now Accepted by Two Ukrainian Tech Giants: Report
Bitcoin and other cryptos are now being accepted as means of payment at two of Ukraine’s largest tech retailers: Techno Їzhak, and Stylus. Customers can now purchase products from each retailer using Bitcoin from their online stores, or from their combined 100+ retail locations. Per a report from the Ukrainian outlet Obozrevatel, Bitcoin payments at both companies will be facilitated through the crypto point-of-sale provider, WhitePay. When paying online, customers can pay...
Read More »When Will the Crypto Market Bottom Out? Analysts Weigh In
What needs to happen for the crypto market to finally bottom out? When Will Crypto Finally End Its Own Destruction? This is a question that is ringing in the ears and minds of analysts and industry heads everywhere, and the sentiment is that there needs to be a few things. The first is improvement in macroeconomic factors. Things like inflation need to subside, and the economy and the stock market also need to show signs of fixing themselves fast. Analysts also say that...
Read More »GazeTV Launches Phase 2 “Gazer-lization”
[PRESS RELEASE – Hong Kong, Hong Kong, 19th August, 2022] GazeTV announces today the launch of its Phase 2, dubbed “Gazer-lization”, a new phase of the GazeTV project emphasizing peer-to-peer interaction, social networking, and content discovery. Last year, GazeTV was first launched with Phase 1 GazeAge. While GazeAge primarily focuses on the video aspect, the emerging GAZE tokenized ecosystem has proven to be a solid way of not only embracing content creation but also...
Read More »DAM Finance Closes $1.8M Pre-Seed Funding Led by DFG and Jsquare for Cross-Chain
[PRESS RELEASE – Miami, Florida, 19th August 2022] dPRIME Asset Modules Finance (”DAM Finance” or “DAM”), a protocol for creating purchasing power from cross-chain token portfolios, is pleased to share that it has closed a $1.8 million pre-seed funding round led by Digital Finance Group (”DFG”) and Jsquare. DFG, a global blockchain and cryptocurrency investment firm with more than $1 billion in assets under management, and Jsquare, a research and tech-driven investment firm...
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