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Crypto Twitter requires calm after wETH insolvency joke goes viral

Crypto Twitter requires calm after wETH insolvency joke goes viral

An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real. The wETH insolvency FUD…

How low can the Bitcoin value go?

How low can the Bitcoin value go?

Bitcoin (BTC) has spent over a year in a downtrend since its $69,000 all-time highs in November 2021.BTC price performance has given investors up to 77% losses, but how much lower can BTC/USD really go?Bitcoin…

Elon Musk says BTC ‘will make it’ — 5 issues to know in Bitcoin this week

Elon Musk says BTC ‘will make it’ — 5 issues to know in Bitcoin this week

Bitcoin (BTC) starts a new week on shaky ground after its lowest weekly close in two years.The largest cryptocurrency considerably weakened after last week’s implosion of exchange FTX, continues to grapple with the fallout.In what…

El Salvador President Bukele says Bitcoin is ‘the alternative‘ of FTX

El Salvador President Bukele says Bitcoin is ‘the alternative‘ of FTX

The shock wave around the FTX explosion was felt globally as it severely fractured investor confidence. However, seasoned crypto entrepreneurs and supporters — including Changpeng “CZ” Zhao and Salvadoran President Nayib Bukele — continue to…

Bitcoin value hits multi-year low at $15.6K, analysts count on additional draw back

Bitcoin value hits multi-year low at $15.6K, analysts count on additional draw back

Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other…

Why is Bitcoin value down as we speak?

Why is Bitcoin value down as we speak?

After topping the $21,500 mark on Nov. 4, Bitcoin (BTC) price is down by 14% on Nov. 8, reaching a new yearly low at $17,166 — and most altcoins are following suit. While the Binance and…

Bitcoin miner Iris Energy faces $103M default declare from collectors

Bitcoin miner Iris Energy faces $103M default declare from collectors

According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged that…

NFT pricing technique: How to cost your NFTs?

NFT pricing technique: How to cost your NFTs?

Early in 2021, markets for nonfungible tokens (NFTs) started to gain some notoriety, and by the end of March 2021, this new market for digital assets had a total lifetime traded volume of about $550…

Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Buying Bitcoin ‘will quickly vanish’ when CBDCs launch — Arthur Hayes

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks.In his latest blog post titled “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued…

Arbitrum transaction exercise rockets 550% since August: Delphi Digital

Arbitrum transaction exercise rockets 550% since August: Delphi Digital

Ethereum layer-2 scaling solution Arbitrum has seen a massive surge in activity since its Nitro update in August, having just clocked around 62% as many transactions as the Ethereum base layer.In a Nov. 1 report,…