Search Results for: when the bottom is in

Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot

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Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which values these properties at $300 million, will allow the company to focus on…

Biggest Movers: WAVES Drops 17% as NEAR, SOL, and AVAX Also Take Double-Digit Hits on Friday

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WAVES dropped by as much as 17% in today’s session, as crypto markets as a whole traded mostly in the red. SOL and NEAR were two notable tokens to fall in today’s session, with AVAX also falling by double digits today….

StreamCoin Announces 200M STRM Corporate ICO Investment by TNC IT Group

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PRESS RELEASE. StreamCoin revealed that it has secured a corporate ICO investment from blockchain consulting firm TNC IT Group. Specifically, TNC IT Group has purchased over 200 million STRM during the recently-concluded STRM public sale. The announcement came after StreamCoin revealed…

Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out

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Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.” Joe…

Wisdomtree: Crypto Is a New Asset Class That People Can’t Ignore

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An executive at Wisdomtree, an asset management firm with $78 billion under management, says that “Cryptocurrencies have firmly established themselves as a new asset class and it truly is something that people can’t ignore.” He added: “We are past the point…

Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina

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Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investing in cryptocurrency are already able to purchase four different crypto assets directly…

While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter

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Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on…

The First of Its Kind Metachain Project, ShuttleOne Joins Tezos Protocol

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PRESS RELEASE. ShuttleOne, the latest project to embrace Tezos, to soon drive adoption and liquidity while resolving blockchain fragmentation. Singapore: Tezos, the highly scalable, self-amending proof of stake blockchain protocol is opening its arms to ShuttleOne – a one of its…

Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle

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The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s…

CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million

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On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of…