Here’s Why Bitcoin Tumbled 11% in 24 Hours

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Another reason, according to Ben McMillan, founder of IDX Digital Assets, is leveraged long positions, which exacerbated the sell-off into the Asian open on Friday. “This is nearly always the...

Crypto Trader Tantra to Liquidate After ‘GBTC Discount’ Widens to Record

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"Ultimately, after significant discussion and consideration in consultation with outside counsel and other professional advisors, the executive board determined that, in view of all the circumstances, it is in the...

The Federal Reserve Shares Its Thinking About a US CBDC

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For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been...

Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby

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Bitcoin (BTC) failed to hold short-term support at $40,000 as sellers maintained the two-month long downtrend. Intraday oversold signals were not enough to sustain bids, which means longer term indicators...

Why Brazil Is the Big Latin American Bet for Global Crypto Exchanges

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For 2022, it plans to launch its corporate trading desk, Ripio OTC, aimed at institutional investors and high-net-worth traders, Ripio Brazil's country manager, Enrique Teixeira said. In parallel, the company...

Crypto News Roundup for Jan. 21, 2022

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This episode is sponsored by Kava.Today's Stories:Bitcoin Dips Below $40,000 During Broader Asia Market Sell-OffEther, Altcoins Tank With Bitcoin as Decoupling Narrative Goes Up in SmokeOil, Global Stocks Fall as...

Cardano-Based Decentralized Exchange 'SundaeSwap' Off to Rocky Start

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SundaeSwap, the first decentralized cryptocurrency exchange on the Cardano blockchain, went live this week, but users have complained that transactions are failing and they aren't receiving their swapped tokens.Similar to...

LocoMeta Introduces a Metaverse Game Centered around NFTs

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LocoMeta is excited to announce its blockchain-based business Metaverse game centered around NFTs, staking, and farming. This feature-rich mint-to-earn game allows users to earn LOCO Tokens (in the LocoMeta Universe) by...

Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout

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Cryptocurrency stocks were also falling amid a broader stock market rout, with technology shares bearing the brunt of the recent downtrend. The tech-heavy equity index Nasdaq has fallen 5% this...

FTX Readies Visa Debit Card for Users to Spend Crypto Balances

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“Crypto payments in C2B merchant acceptance are still nascent today,” according to a recent white paper from payments firm Nuvei. “Crypto merchant payments today represent an estimated annual volume...