Markets News
Institutional Investors Have Sold $5.3 Billion in BTC Since LUNA Bust
Institutional investors have sold at least 236,000 bitcoin since the UST/LUNA collapse in early May, which roughly translates to over US$5.3...
Dogecoin Copycat ‘TeddyDoge’ Drops 99.95% in $4.5 Million Rug Pull
The Dogecoin copycat, TeddyDoge (TEDDY), has lost over 99.95 percent of its value over the past few days after suffering what crypto securit...
ApeCoin Pumps Almost 50% on Release of ‘Otherside’ Metaverse Demo
A thrilling “first trip” into the gamified metaverse associated with the Bored Ape Yacht Club (BAYC) has boosted the price of Ap...
ETH Surges Close to 50% in a Week Amid Bullish Merge Announcement
The price of Ethereum (ETH) has surged almost 50 percent in the past week on the back of an announcement that the long-awaited Merge is tent...
Bitcoin HODL Activity Suggests the Bottom Could Be In: Glassnode
According to on-chain analysts Glassnode, there are growing signals that the bottom may be in. Most recently, the firm revealed that over 80...
Bitcoin Dips Below $19,000 Amid Highest US Inflation Print in 40 Years
Bitcoin briefly dipped below US$19,000 on July 13 following the announcement of a higher than expected Consumer Price Index figure in the US...
Adelaide-Based STEPN Announces $122 Million in Q2 Profits, Plans Buyback and Burn
On July 12, Adelaide-based move-to-earn platform STEPN announced a Q2 profit of US$122.5 million, which it says was generated through its pl...
‘Crema Finance’ Hacker Returns Funds, Receives $1.7 Million in SOL as Bounty
Solana-based liquidity protocol Crema Finance claims it has recovered most of the roughly US$9 million worth of assets stolen by a hacker on...
NFTs Hammered by Crypto Market Downturn, Sales Down 92% Since January High
NFT sales have hit a 12-month low amid the turmoil of the cryptocurrency market crash. Sales of NFTs totalled just over US$1 billion in June...
FTX Finalises Deal with BlockFi, Option to Buy for Up to $240 Million
Embattled crypto lender BlockFi has signed a deal with FTX US, the American arm of Sam Bankman-Fried’s crypto exchange, which will see FTX...
FTX Founder ‘SBF’ Warns Some Crypto Exchanges Are ‘Already Insolvent’
One of the richest men in crypto, 30-year-old FTX founder and CEO Sam Bankman-Fried (also known as SBF), has warned that some “third-t...
BTC Crashes Below 2017’s Previous All-Time High, Hitting $17,500
For the first time since December 2020, bitcoin dropped below US$20,000 as crypto markets tumbled this past weekend amid US$600 million bein...