Is Solana price dropping under $100 in September?
SOL price has lost support and closed multiple daily candles below the 200-day EMA for the first time since September 2023.
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Equity Fund CEO Recommends to Steer Clear of Crypto, Advises to Focus on ‘Basic Goods’
The CEO of investment house Gateway Partners, is shunning Bitcoin (BTC) and cryptocurrency in favor of more traditional investment strategies, Asia-focused business publication Nikkei Asian Review reported on Jan. 2.Gateway Partners is an advisory and private equity company managed by Viswanathan Shankar, the former director of Standard Chartered group. Over the course of 2019, the…
Starbucks teases Web3 rewards program to attract new customers
“This will create an entirely new set of digital network effects that will attract new customers and be accretive to existing customers in our core retail stores,” said interim CEO Howard Schultz. 321 Total views 27 Total shares Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract…
Why Bitcoin’s next breakout may not be an altcoin season signal
On April 14, Bitcoin (BTC) reached a $64,900 all-time high after accumulating 124.5% gains in 2021. However, a 27.5% correction followed over the next eleven days, marking a $47,000 local bottom.The popular Crypto Fear and Greed Index reached its lowest level in 12 months on April 25, signaling that investors were closer to "extreme fear,"…
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing banking crisis. Tether’s latest audit report shows that the stablecoin issuer withdrew over $4.5 billion from banks in the first quarter to reduce counterparty risk following Circle’s troubles during the collapse of Silicon Valley Bank.The…
Insurance Broker Marsh Pilots Blockchain-Based Digital Placement Platform
Leading insurance broking and risk management firm Marsh has piloted a blockchain-based digital placement platform.Per a Sept. 24 press release, the Risk Exchange platform aims to ensure a more transparent and secure digital placement and enables users to receive real-time information and feedback on the placement and binding process.Insurance placement is the purchase of an…
Nifty News: NFTs go carbon-negative, top banker calls NFT investors gamblers
The non-fungible token rush has seen every man and his Doge flock to the non-fungible market to cash in on the recent craze for tokenized collectibles. Even celebrities one would presume to have little engagement with crypto assets have been rushing to cash in, with the likes of John Cleese, Tony Hawk, Lindsay Lohan and…
VC Roundup: Web3 dev, EVM sharding and crypto banking headline blockchain funding deals
Web3 dominance within crypto funding rounds has been well documented by Cointelegraph Research. In addition to the Web3 mega funds announced recently, venture capital has also been making smaller, more targeted investments in the sector. In this week’s Venture Capital (VC) Roundup, we chronicle the latest Web3 funding initiatives and draw attention to a sharding…
Can Bitcoin seal its best weekly close of 2022? BTC price sits at $46.5K
Market participants sit back as BTC price action focuses on levels just $300 below last week's close. 688 Total views 6 Total shares Bitcoin (BTC) bulls had everything to play for on April 3 as the first weekly close of the month looked set to be above the all-important $46,000.BTC/USD 1-hour candle chart (Bitstamp). Source:…