Energy Firm Discloses Major Crypto Losses Amid Blockchain Rebrand
A publicly owned firm chaired by a Chinese billionaire lost millions through crypto investments, yet it’s still seeking to rebrand around the tech.
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Crypto Fear & Greed Index Hits Highest Since November 2021
A key gauge of investor sentiment suggests the crypto market may take a bull breather.The Crypto Fear & Greed Index has jumped to 70.6, the highest since November 2021, according to data source alternative.me. The index, which ranges from 0 to 100, uses several metrics, including market momentum, volatility, volume and social media, to analyze
Bitcoin Recrosses $26.3K to Hit Highest Level in a Week Amid BlackRock Optimism
Less than 24 hours after fund management giant BlackRock filed paperwork for a spot bitcoin ETF, bitcoin recrossed $26,000 and soared to its highest level in a week.The largest cryptocurrency by market capitalization was recently trading at $26,369, up nearly 5% over the past 24 hours, according to CoinDesk data. BTC was trading below $25,000…
Juventus Soccer Club Is Launching a Crypto Token to Give Fans a ‘Voice’
One of the most popular soccer clubs in the world is launching a crypto token that it says will boost fan numbers by allowing them to "be heard." For the effort, Italy's Juventus Football Club, which boasts Cristiano Ronaldo as a current team member, is teaming up with Socios.com to launch the "Juventus Official Fan Token." The token will be…
Santander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued Bond
Dec 10, 2019 at 12:30 UTCUpdated Dec 10, 2019 at 12:30 UTCSantander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued BondSpanish banking multinational Santander has redeemed a bond worth $20 million that it issued on the public ethereum blockchain in September.With the move, John Whelan, head of Digital Investment Banking at Santander and chairman of…
Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion
news A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting themselves. Bitfinex and a number of affiliated entities engaged in deceptive, anti-competitive and market-manipulating practices, resulting in economic damages for the plaintiffs, according to a lawsuit filed Sunday in New York. Notably, the plaintiffs,…
Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back
Sep 8, 2020 at 23:00 UTCUpdated Sep 8, 2020 at 23:25 UTCGnosis Founder Martin Köppelmann (CoinDesk/Flickr)Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money BackHedge fund manager Arca is stepping up its campaign to overhaul Gnosis, claiming the decentralized exchange and prediction market platform has deviated from its original mission. Over the…
Violet’s Decentralized Exchange Mauve Goes Live for Trading Compliant and Real World Assets
Mauve, a decentralized exchange (DEX) for trading compliant and real world assets, has officially gone live today, the company said in a press release.The DEX is one of the first non-custodial exchanges to be approved as a virtual asset service provider (VASP) by the Cayman Islands Monetary Authority, the firm said. It targets asset issuers
Bitcoin’s Price Recovery Faces Nonfarm Payrolls Test
BTC traded little changed while the dollar index fell, maintaining the post-Fed bearish momentum.The U.S. NFP report is expected to show the pace of job creation slowed in March.Bitcoin's price sell-off has stalled since Wednesday's Fed meeting, allowing for a minor price recovery. Further gains hinge, at least partially, on the impending U.S. nonfarm payrolls