Crypto news

Despite a solid rally in the week prior, mid-July saw bitcoin experience something of a dip in its price. It fell to about $30K even after several weeks of trading above $31,000 per unit. Bitcoin Endured a Few Slips The crypto market experienced a few nasty hits, such as non-fungible tokens (NFTs) being dramatically sold off. Many major collections saw their prices slouch as more and more individuals begin to question whether these assets are worth anything at...

[unable to retrieve full-text content]CoinspeakerXpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1 Xpeng shares fell because the company's loss increased in Q2 2023. However, deliveries and revenue are still looking good even for Q3. Xpeng Shares Fall 7% after the EV Company Posts Q2 2023 Loss Worse Than Q1

[unable to retrieve full-text content]CoinspeakerSecuritize Acquires Onramp Invest Extending Tokenized Alts to RIAs  Securitize intends to improve liquidity and transparency by transferring private investments onto public blockchains like Ethereum, Avalanche, Polygon, and Algorand. Securitize Acquires Onramp Invest Extending Tokenized Alts to RIAs 

[unable to retrieve full-text content]CoinspeakerCypher Protocol Freezes $600K Stolen Crypto Across CEXs Cypher Protocol announced this groundbreaking achievement via a post on its official X account on Thursday.  Cypher Protocol Freezes $600K Stolen Crypto Across CEXs

[unable to retrieve full-text content]CoinspeakerTether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage Along with Bitcoin Omni Layer, Tether has also decided to discontinue the stablecoin versions of Bitcoin Cash and Kusama. Tether Decides to Discontinue Bitcoin Stablecoin amid Lack of Usage

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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

[unable to retrieve full-text content]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