Newsfeeds Archive - Page 179 of 181

2 minute read

This MicroStrategy Analyst Is Slashing Their Price Target After $1B Loss, Michael Saylor Steps Down

August 3, 10:50 AM

MicroStrategy (NYSE: MSTR) recently reported a net loss of more than $1 billion in the second quarter compared with a loss of about $299.3 million in the same period last year.

BTC

2 minute read

Gucci To Accept Another Crypto For Payment, Hublot Joins Forces With BitPay

By Murtuza Merchant

August 2, 1:49 PM

High-end luxury fashion brand Gucci announced on Tuesday on Twitter it now accepts payments in ApeCoin (CRYPTO: APE) and will be available for in-

$APE

2 minute read

Schwab Set To Launch A Crypto-Related Thematic ETF In August

By Murtuza Merchant

July 31, 10:44 AM

Schwab Asset Management, the asset management arm of Charles Schwab Corporation (NYSE: SCHW) has announced the launch of a Schwab Crypto Thematic ETF, with the first day of trading expected to be on or about August 4 on the New York Stock Exchange.

SCHW

4 minute read

Understanding The Challenges Plaguing The Metaverse And Navigating Through The Cacophony

By Murtuza Merchant

July 30, 5:46 PM

Crypto enthusiasts and investors alike are going gung-ho about the Metaverse like it is the largest societal disruption that civilization has ever seen, even as the globe continues to deal with the COVID-19 pandemic's effects.

VC Firm Variant Raises $450 Million To Support Web3 Projects

By Murtuza Merchant

July 30, 5:29 PM

Amid a subdued cryptocurrency market, leading venture capitalist firm Variant has announced the raising of $450 million, targeting DeFi projects, blockchain infrastructure, consumer application, stablecoins, and non-fungible tokens (

$MATIC

2 minute read

Crypto Exchange KuCoin Launches NFT ETFs

By Murtuza Merchant

July 29, 5:29 PM

Cryptocurrency exchange KuCoin announced on Friday the launch of NFT exchange-traded funds (ETFs) to allow fractional ownership of popular digital tokens, such as Bored Ape Yacht Club (BAYC), to its users.

$USDT

2 minute read

Babel Finance Lost $280 Million Due To Unhedged Propriety Trading: Report

By Murtuza Merchant

July 29, 12:21 PM

Beleaguered crypto lending platform Babel Finance lost more than $280 million in customer funds due to failed propriety trading after the markets suffered significant losses over the past few months, The Block reported Friday, quoting Babel's&n

BTC

3 minute read

Understanding How Stablecoins Have Fared In The Crypto Bear Phase

By Murtuza Merchant

July 26, 2:46 PM

Cryptocurrencies have long been considered a hedge against inflation and a better alternative to fiat currencies that are susceptible to devaluation concerns. Most cryptocurrencies have significantly underperformed benchmark stock market indices due to liquidity pressures brought about by the tightening of monetary policy by leading central banks such as the U.S. Federal Reserve.

$DAI

2 minute read

Bitfinex, Tether Partner With Hypercore To Launch Video Chat App

By Murtuza Merchant

July 25, 1:22 PM

Cryptocurrency exchange Bitfinex and stablecoin issuer Tether (CRYPTO: USDT) have partnered with open-source protocol Hypercore to launch a video calling application, Keet, which also allows audio, text and file exchanges between users and supports Bitcoin Lightn

$USDT

2 minute read

Coinbase Venture Funding Down 34% In Q2 2022

By Murtuza Merchant

July 24, 11:36 AM

Crypto venture funding, which saw a record Q1 in 2022, witnessed the deal pace of Coinbase Ventures slow down in the second quarter, with the total count decreasing 34%, from 71 to 47.

$AAVE