Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20 

Post Views: 297 MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The token replaced FTT, which entered the list following declines in MATIC on Wednesday. ATOM also rose today, hitting a 12-day high in the process. Following a low of $0.4042 on Wednesday, MATIC/USD…

LBank Exchange Continues to Hire Amid the Massive Crypto Job Cuts

Post Views: 270 This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection…

Meta, Microsoft, and Others Launch Metaverse Standards Group

Post Views: 355 Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establishing standards to make each one of the metaverses on the internet interoperable, which would ideally permit these worlds to…

Cardano Vasil Hard Fork Postponed to Allow for More Testing

Post Views: 422 A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe. While acknowledging that the news will likely be disappointing for some, the IOG team insisted it was “taking an…

Billionaire Seth Klarman: I Can’t See the Point of Crypto — Nobody Needs to Own It

Post Views: 320 Billionaire investor Seth Klarman says he cannot see the point of crypto. “I don’t think anybody needs to own it. It just seems to me that it could end up very much in tears,” he added. I can’t see the point of crypto. It has this feel to me of being…

Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse

Post Views: 310 Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation TPS Capital pitched a GBTC arbitrage opportunity before…

Bitcoin․com Exchange Market Insights Report for June 2022

Post Views: 613 Crypto Market Performance Crypto markets continued on a downtrend as BTC and ETH were down 30% and 44% respectively over the last 30 days. The macroeconomic outlook continues to be unfavorable for risk assets as high inflation combines with elevated commodity prices and tight U.S. labor market conditions. Adding to that, crypto…

Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day

Post Views: 307 Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Following two straight days of gains, BTC was lower on hump day, as bears seemingly re-entered…

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Post Views: 402 Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. The report notes that with the move, Wechat’s management is taking into account the guidelines issued by…