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Cryptocurrency giant Kraken offers four months’ pay to employees who disagree with its libertarian principles to leave
Kraken’s chief executive is offering employees who don’t agree with its values four months’ pay to leave. The program is called “Jet Skiing” and employees have until June 20 to participate, according to The New York Times. “We want this to feel like you’...Read more -
Fidelity’s Abigail Johnson Has Confidence in Crypto Even in Bear Market
At the 2022 Consensus Conference in Austin, Texas, Abigail Johnson, chairman and CEO of Fidelity Investments, offered battle-tested advice to the crowd, saying her belief in the long-term fundamentals of cryptocurrencies remains strong. “I think this is my third cryptocurrency winter. Ther...Read more -
On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K
Despite some BTC positions being underwater, data shows long-term holders continue to accumulate bitcoin in the current range. Data on the chain shows that long-term Bitcoin holders continue to “absorb supply” at around $30. Bear markets are usually marked by capitulation events, wher...Read more -
What Happened to TerraUSD’s Bitcoin Reserves?
The collapse of cryptocurrency TerraUSD has traders wondering what happened to the $3 billion war fund designed to defend it. TerraUSD is a stable coin, meaning its value should be stable at $1. But after the collapse earlier this month, the coin is worth just 6 cents. For about two days earlier ...Read more -
Luna Foundation Guard Raised $1.5 Billion in Bitcoin Further Supports Stablecoin Reserve
Luna Foundation Guard has acquired $1.5 billion in BTC to bolster its reserve of the most popular stablecoin, U.S. Terra. Stablecoins are cryptocurrencies designed to link their market value to more stable assets. this latest deal by Luna Foundation Guard brings it closer to its goal of a...Read more -
Even Recent Global Economic Downturns, Bitcoin shows Crypto is Here to Stay
Around the world, venture capitalists have invested a total of $30 billion in cryptocurrency or Web 3.0 startups in 2021, with organizations like Tesla, Block and MicroStrategy all adding bitcoin to their balance sheets. These astronomical numbers are even more impressive considering that the wor...Read more -
Crypto Startups Bring in Billions Q1 2022
Even amid widespread market anxiety, the industry continues to attract venture capital, attracting about $5 billion in the first quarter, twice as much as a year ago, according to data compiled by PitchBook Data Inc. But the increasingly high valuations of new startups, some less than a year old,...Read more -
Shiba Inu Gaining Trust from Investors Q2 2022
Shiba Inu is gaining trust from Crypto giants and it might help increase its value in Q2 of 2022.Shiba Inu investors are optimistic about SHIB token price reaching 1 cent in 2022. Still, SHIB will have to raise 403 times to reach 1 cent ($0.01) this time. In the year 2021, Shiba Inu had risen 60 ...Read more -
Bitcoin Russia News(1)
According to a report from Bloomberg, sanctions against Russia haven’t dampened the enthusiasm of cryptocurrency investors. On Saturday, Visa, Mastercard, and PayPal announced they would be suspending operations in Russia following the country’s military actions in Ukraine. Visa called Ru...Read more -
With the arrival of the new executive order, is BTC expected to return to 68,000USD and hit higher prices?
President Joe Biden’s long-awaited executive order about cryptocurrency is finally here. As strategists of Crypto Policy Task Force at Skycorp, convened on Wednesday, issued an op-ed on this first ever presidential order on cryptocurrencies on Wednesday, directing federal agencies to coordinate t...Read more -
Strong regulation coming? Biden reportedly will sign an executive order targeting cryptocurrencies this week(USA)
On Monday, March 7, Eastern Time, the media quoted people familiar with the matter as saying that U.S. President Biden will sign an executive order this week to introduce the U.S. government’s strategy in terms of encrypted digital currency, and will instruct federal government agencies to invest...Read more -
Intel’s BMZ2 Bitcoin Miner Increases Gross Profit by 130% Compared to Competitor Antminer S19 Pro - GRIID Report Says（USA,UK)
GRIID, a U.S. infrastructure company that is one of the first recipients of Intel’s upcoming “Bonanza Mine” chip, filed with the U.S. Securities and Exchange Commission (SEC/US Securities and Exchanges Commission) The incoming Bitcoin mining tools offer considerable efficiencies...Read more