Coinbase sees largest single-day decline in 2 years amid stock market wipeout
Coinbase’s share price experienced its largest daily drop in over two years amid a broader stock market decline, yet traders remain bullish on the firm’s earnings prospects for 2025.
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Japan’s SBI Group to Develop Crypto Derivatives Platform Following New Investment
Japanese financial services giant SBI Holdings will expand its crypto business portfolio by acquiring a 12 percent stake in Clear Markets, according to SBI’s financial results report published July 31. SBI is scheduled to acquire up to 20 percent in the future. Clear Markets is a U.S.-based electronic trading platform developer and operator that offers…

OpenAI secures $1.5B funding from SoftBank, allows employees to cash out
SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company.

Peter Schiff’s son moves 100% of his portfolio into Bitcoin
Peter Schiff calls his son “brainwashed” for his 100% Bitcoin portfolio. 3859 Total views 21 Total shares Spencer Schiff, the son of gold bug and major Bitcoin (BTC) critic Peter Schiff, seems to have decided to move all his portfolio investments into one single asset, Bitcoin.“My son went all in on Bitcoin on the last…

Rivals steadfast even as two Aussie crypto ETF providers bail
The last week has seen two digital asset ETF providers announce their planned exit from the market amid regulator scrutiny and the prolonged crypto winter. 462 Total views 5 Total shares Two digital asset exchange-traded fund (ETF) issuers in Australia are set to leave the market amid heightened regulator scrutiny and a deepened crypto winter,…

Bitcoin bull cycle gaining steam: Whale cluster at $13K is now a support zone
Data from Whalemap shows $13,000 is turning into a BTC whale support as the price of Bitcoin hovers above $13,600. 1446 Total views 19 Total shares According to on-chain data from the analysts at Whalemap, $13,000 has become a support level for the price of Bitcoin (BTC). Whale clusters indicate that whales — or large…

Ripple, Chipper Cash partner for faster and cheaper African remittances
Ripple has partnered with Chipper Cash to integrate Ripple Payments into its cross-border transaction system. Ripple has partnered with African payment infrastructure provider Chipper Cash to support crypto-enabled cross-border payments. According to a March 27 announcement, Chipper Cash will use Ripple Payments for its cross-border transactions as part of the deal. The companies said the

Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems
In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of interoperability in Web3 and the Metaverse. By definition, interoperability is a feature of Web3 whereby a product or system can work seamlessly across platforms with other products or services. Webb defines interoperability simply as…

RUNE rally: A closer look at THORChain’s new synthetic assets
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent price action is even leading the entire crypto market in the first quarter of 2021. Its mainnet launch, which was originally slated last year, is one of the main factors that led to…