Bitcoin falls below $100K following Donald Trump imposing import tariffs

In July 2016, a mere four years ago, Nvidia was a $26-billion company focused on GPU chips and graphic card production. In comparison, the long-standing sector leader was Intel Corp, with a $166-billion market capitalization. The nearly 40-year old chip manufacturer was a blue-chip Fortune 500 company and at the time, it was likely unfazed by…

For years, various blockchain projects were rumored to be future “Ethereum killers,” projects that would unseat Ether from its throne and usurp its title as the top digital asset. That day seems to have come, though it appears it was an inside job. Lido-staked Ethereum (stETH) and other liquid staking derivatives are primed to render…

Crypto exchange FTX has introduced a native NFT marketplace designed to capitalize on the sector’s parabolic growth over the last year. 529 Total views 13 Total shares After witnessing the parabolic growth of the nonfungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX has become the latest crypto platform to…

EDX Markets is backed by large financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. 806 Total views 3 Total shares EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from prominent financial institutions such as Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently…

South Korea’s oldest bank, Shinhan Bank, is developing a Distributed Ledger Technology (DLT)-enabled stock lending platform, local media Econonews reports on Aug. 1.Blockchain-based stock lendingPer the report, Shinhan Financial Investment signed an agreement with financial services company Directional to develop a blockchain-based stock lending service on May 28. Personal stock lending is part of a…

Robinhood agreed to pay $29.75 million in fines and restitution for failing to respond to several “red flags” stemming from its supervision and compliance practices. Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The

The Galaxy Digital CEO predicts tough times ahead for the U.S. economy, but continues to be bullish on crypto. 286 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe United States is headed for a credit crunch and now is the right time to buy gold, silver and…

Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18.Reiterating his previous statements predicting that fiat money will become laughable and obsolete…

The $12.6 million initial DEX offering of play-to-earn collective, Yield Guild Games, sold out in just 31 seconds to just 32 participants. 684 Total views 173 Total shares Yield Guild Games (YGG), a collective of play-to-earn gamers, completed its initial DEX offering via SushiSwap’s Miso platform in under a minute earlier today.The offering saw YGG…