Crypto news

CoinspeakerJapan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022 As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell. Japan’s Nikkei 225 Average Records Biggest Weekly Loss Not Seen Since December 2022

CoinspeakerOpenSea Moves to Disable Creator Fees Enforcement The change will take effect from August 31, meaning that creators may no longer blacklist NFT marketplaces that don’t enforce royalties. OpenSea Moves to Disable Creator Fees Enforcement

CoinspeakerMastercard Joins Hands with Ripple on Its CBDC Partner Program As part of its CBDC Partner Program, Mastercard has joined hands with prominent CBDC leaders and payment giants to work along with the central banks to bring CBDCs to the market under a regulatory framework.  Mastercard Joins Hands with Ripple on Its CBDC Partner Program

CoinspeakerChina’s Evergrande Group Files for Bankruptcy Protection in the US Evergrande's affiliate Tianji Holdings and the company's subsidiary Scenery Journey have also filed for Chapter 15 protection in the US court. China’s Evergrande Group Files for Bankruptcy Protection in the US

CoinspeakerSpaceX Reports Profit in Q1 2023 amid Surging Revenue According to the report, the company recorded a profit of $55 million on revenue of $1.5 billion during the first three months of the year after two consecutive years of losses.   SpaceX Reports Profit in Q1 2023 amid Surging Revenue

CoinspeakerSEC to Approve Ether Futures ETF in US The Ether futures ETF tracks the futures contract of Ethereum. SEC to Approve Ether Futures ETF in US

Bitcoin cash price started a fresh decline below the $220 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $220 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $200 resistance zone. Bitcoin cash price is declining below the $200 zone against the US Dollar,...

Is Bitcoin or Ethereum a better protocol for developers? A closer look reveals the answer may not be so obvious. Tony Cai – CEO of Bitcoin-based DeFi platform Atomic Finance and former Ethereum builder – published a Twitter thread on Wednesday explaining the different experiences of building apps on both networks, including the strengths and weaknesses of each. Bitcoin’s Advantage: Security and Focus According to Cai, Bitcoin’s first advantage is the security of its...

California-based crypto custodian BitGo announced securing $100 million in a Series C funding round, bringing its valuation to $1.75 billion. The freshly injected funds will be deployed to make strategic acquisitions and expand its regulated custody, wallet, and infrastructure solutions globally. Both new and outside strategic investors have participated in the funding round. In a statement, BitGo CEO Mike Belshe highlighted the growing demand for regulated custody solutions...

Bitcoin’s price plummeted on Thursday to $25,300, touching lows the asset has not seen in the past two months. The event triggered nearly $1 billion in liquidations across the entire crypto market. Bitcoin slightly rebounded after the crash, trading for $26,386 at writing time. The last time Bitcoin traded this low was in mid-June, shortly after Binance and Coinbase were sued by the Securities and Exchange Commission (SEC), and shortly before BlackRock announced its bid for a...