The cryptocurrency market continues to weather bad news. Its value plunged by more than 9% overnight, after the US government revealed it had recovered $2.3 [...]
Jesse Powell, CEO of crypto exchange Kraken, is doubling down on his huge year-end price prediction for Bitcoin despite the deep pullback that saw BTC losing over 50% of its value from the all-time high. In an interview with Bloomberg, the Kraken chief says he stands by his previous statements that by the end of […]
Dirham stablecoin, an ERC20 token-based stablecoin backed by the United Arab Emirates Dirham, has been unveiled. Tied to the AED in the ratio of 1:1, the Dirham stablecoin will cost approximately $0.27. Notably, the Dirham stablecoin is fully regulated and issued under market conditions depending on the demand. According to the issuer through a press […]
Bitmain, the Bitcoin mining rig manufacturer has announced a price cut on its top bitcoin mining machine Antminer S19 Pro by 20% amid an increased crackdown on crypto mining by Chinese authorities. The price cut is being attributed to declining demand in China and many miners in the country have also applied for a refund.
IK Investment Partners has agreed to buy student and young professional-focused discount offers provider Mecenat.
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