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Category Archives: Cryptocurrency

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Ferrari embraces crypto payments, partners with BitPay in the US

The luxury carmaker partners with BitPay to facilitate cryptocurrency transactions. Ferrari is responding to growing customer demand and dealer requests. The luxury car maker will start by accepting crypto payments in the US and later Europe. In some interesting crypto news, Ferrari, the iconic luxury

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Bitcoin’s dominance level now above 50% as altcoins underperform

Key takeaways Bitcoin’s market dominance now stands above 50% as Ether and other major altcoins underperform. The broader crypto market is currently bearish due to the geopolitical uncertainty in the Middle East. Bitcoin’s market dominance now stands at 50.3% Bitcoin, the world’s leading cryptocurrency by

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Shiba Memu’s presale nears $3.7m: Should you invest in the project now?

Key takeaways Shiba Memu’s presale is now close to the $3.7 million mark. The cryptocurrency market is underperforming due to the ongoing geopolitical crisis in the Middle East. The cryptocurrency market is off to a rocky start this week, with the prices of most cryptocurrencies

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Ordswap loses control of its website, urges users to recover keys

Ordswap has experienced a security breach that has led to phishing risks for users’ private keys and assets. An online tool has been introduced for MetaMask users to recover private keys. The incident underscores security concerns in crypto. In a recent crypto hack incident, Ordswap,

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Dan Dolev sees Coinbase missing Q3 revenue estimates by 10%

Mizuho analyst forecasts up to $652 million in revenue for Coinbase in Q3. Dan Dolev continues to see sharp downside in the crypto stock to $27. Coinbase shares are already down roughly 35% versus their YTD high. Mizuho lowered its quarterly revenue estimate for Coinbase

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Bitfarms reports a 7.3% increase in its monthly mining output

Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.3% in September as it continued to install new

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7 best DeFi crypto tokens to 10x

In DeFi, discovering tokens with the potential for significant returns is similar to finding a diamond in the rough. Within the labyrinth of the DeFi market, certain trailblazers are shifting paradigms, holding the promise of exponential financial gains and pioneering shifts in the Web3 ecosystem. 

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