DeepSeek rout costs bulls $100K — 5 Things to know in Bitcoin this week

Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter, Coinbase finds itself slashing a fifth of its workforce, losing retail trading volume and contending…

With its historic Merge event in September, Ethereum has become a proof-of-stake blockchain. The mechanism now used to confirm transactions relies on validators staking their Ether (ETH). Ethereum’s March upgrade, codenamed Shanghai, finally enabled stakers to withdraw their locked Ether. The Ethereum ecosystem’s “investment themes” have included a) decentralized finance (DeFi) b) stablecoins c) Bitcoin (via…

Rally cited a "challenging year" for the crypto industry in its decision to “begin to sunset” the platform's sidechain after Jan. 31. 598 Total views 1 Total shares Own this piece of history Collect this article as an NFTRally, a social token platform, has announced nonfungible tokens (NFTs) on its sidechain will no longer be…

The so-called “Coinbase Effect” has been analyzed multiple times by data firms like The TIE and Messari, and the verdict remains clear: Crypto traders who pounce on new Coinbase listings within seconds of their announcement often see substantial gains.Which is why this week’s VORTECS™ Report focuses primarily on a couple of big wins for subscribers…

Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts. 739 Total views 3 Total shares Officials with the United States Department of Justice announced that Binance CEO Changpeng “CZ” Zhao will plead guilty to one felony charge as part of

The Israeli startup Chain Reaction raised $70 million in its pursuit of developing blockchain chips. 169 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe adoption of blockchain technology is on the rise, with the majority of enterprises looking into the technology in some capacity. As blockchain becomes…

Bitcoin (BTC) extended its gains nearly hitting $45K on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022, the number of whale addresses spiked, and amid speculations that BTC is proving itself as an apolitical safe-haven.Traders reduce half-point bets for MarchBTC's price surged more than 4% to reach nearly…

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