Crypto

Venture capital (VC) firm Andreessen Horowitz led a $40 million funding round on March 21 for CCP Games, a developer of blockchain-based, massively multiplayer (MM) online games. CCP will use the funding to produce a high-budget and thrilling game title with blockchain technology. The company will...

When El Salvador President Nayib Bukele made the controversial decision to make Bitcoin legal tender in his country, many people were skeptical and concerned about the potential risks.  Bukele announced on Twitter that the country would purchase one Bitcoin (CRYPTO: BTC) each day starting Nov...

Former Coinbase Chief Technology Officer (CTO) Balaji Srinivasan is betting big on Bitcoin (BTC/USD), predicting the cryptocurrency will hit $1 million by June 17 because of a rapid devaluation of the U.S. dollar.  Srinivasan entered into a $1 million bet via Twitter with two individuals,...

Bitcoin (CRYPTO: BTC) may be in for a rude awakening. In a Twitter post on Friday, pseudonymous cryptocurrency analyst Cred said that Bitcoin may crash if it doesn't manage to hold between $19,000 and $20,000. Failure to do so could cause the cryptocurrency to plummet...

Cryptocurrency-focused Silvergate Capital Corp (NYSE: SI) has discontinued the Silvergate Exchange Network, its crypto payments network. The company has said it has made a "risk-based decision" to discontinue the service, reports Reuters.  "Effective immediately,...

Inflation has been a massive issue for nearly every major country for the past year or so.  Consumers and corporations alike have felt the pain, with the previous four quarters of earnings proving to be relatively lackluster. While inflation is slowly declining, it has caused the debt of the U...

Inflation has been a massive issue for nearly every major country for the past year or so.  Consumers and corporations alike have felt the pain, with the previous four quarters of earnings proving to be relatively lackluster. While inflation is slowly declining, it has caused the debt of the U...

Government regulation is generally considered bad for an industry.  It often results in increased costs around compliance and increased restrictions that inhibit growth. This isn’t necessarily a bad thing — for example, creating restrictions on where manufacturers can dump...

Bitcoin (CRYPTO: BTC) introduced NFTs that are stored entirely on its blockchain. These NFTs can hold up to 4MB of data, enabling the storage of short videos and even the Satoshi whitepaper on the blockchain. This has the potential to make Bitcoin a competitor to Ethereum (CRYPTO: ETH), which...

A recent article by Crunchbase reports a staggering decline in Web3 funding. A number of high-profile bankruptcies in the space and an overall decline in sentiment mean venture capitalists (VCs) are starting to slow the pace of funding in the space. FTX was one of the largest crypto exchanges in...

The pseudonymous crypto analyst Capo says that the recent rallies in the cryptocurrency market mean nothing, and new lows are still likely.  Bitcoin (CRYPTO: BTC) has rallied 21% in the last seven days, and Ethereum (CRYPTO: ETH) has rallied 23%. But Capo says the market’s bounce hasn...

Coinbase Global Inc (NASDAQ: COIN) caught a downgrade from Cowen on Thursday. Shares tanked after analysts warned of declining trading volumes and elevated scrutiny in the wake of the FTX collapse.  What Happened: Cowen & Co downgraded Coinbase from Outperform to Market...

Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) vice chairman Charlie Munger on Tuesday (Nov. 15) trashed cryptocurrencies in the wake of the FTX fallout.  "This is a very, very bad thing. The country did not need a currency that was good for kidnappers," Munger said...

The collapse of beleaguered FTX and the arrest of its disgraced founder Sam Bankman-Fried has traumatized the entire cryptocurrency market.  With increasing regulatory scrutiny and investigations, the crypto market is witnessing historically high negativity, not only directed at Bitcoin (...

The cryptocurrency market is a fascinating place; it has seen many ups and downs, topline news, conflicts with regulators, and conventional centralized fanaticism during its history. This article will analyze its present state, compare cycles in the traditional financial industry and the crypto...