Michael Novogratz says Bitcoin will be ‘off to the races’ near year-end
Bitcoin ended May down 8.0% – its worth month since November. Galaxy Digital CEO Michael Novogratz is still bullish on...
Month: June 2023
Hong Kong-based First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said....
MakerDAO votes to drop Pax Dollar (USDP) stablecoin from its reserves
The MakerDAO community has voted to ditch Pax Dollar (USDP) stablecoin worth $500 million from its reserves. Maker’s treasury holds...
Celsius withdrawing nearly $800 million of Ether from Lido
Key Takeaways Bankrupt lender Celsius is trying to withdraw $779 million worth of ETH from Lido The ETH represents 7%...
Ethereum gas fee sinks close to 70% in under a month
Ethereum gas fee tanked all the way down to under $5 in May. BlackRock CEO Larry Fink reiterates dedollarisation as...
Ethereum price prediction as volume and volatility dives
ETH price has gone nowhere this week as cryptocurrencies waver. The coin’s volatility and volume have crashed hard in the...
Report: Bitcoin mining stocks – extreme volatility and underperforming Bitcoin
Key Takeaways Bitcoin mining stocks have traded with significantly more volatility than Bitcoin itself Mining stocks have underperformed, as rising...
Cardano price prediction for June: Is ADA a buy or sell?
Cardano has strong fundamentals as the total value locked jumps. Its DeFi TVL has jumped to the highest level on...
Crypto.com completes its licensing process in Singapore
Crypto.com received an in-principle approval in Singapore last June. Coinbase and Blockchain.com are the other exchanges that have received in-principle...
Canadian crypto exchange Bitvo reduces withdrawal fees by 50%
Several cryptocurrency exchanges have announced leaving the Canadian crypto market citing the Canadian regulations. Bitvo aims to leverage the market...
