FTX’s Sam Bankman-Fried is willing to lose money to ensure that the cryptocurrency industry operates as it should. Bankman-Fried, FTX co-founder and CEO, told attendees at the Bloomberg Crypto Summit in New York on Tuesday that he isn’t bothered by losing some money if his
Bitcoin (BTC) price rose as much as 8% in 24 hours to top $24,287 on crypto exchange Coinbase, its highest price in over a month. The upside came as a broader market rally saw most cryptocurrencies post significant gains to erase recent losses, with Ethereum
Tesla, which is the leading electric motor company and one of the companies that had accumulated the largest amount of bitcoins, has sold 75% of its bitcoin holdings in the second quarter of 2022. According to Tesla’s second-quarter report: “As of the end of Q2,
Celsius, a renowned crypto lender, has obtained crucial approval to go ahead with its plan of building a Bitcoin mining plant as it tries to find ways of returning it back to financial stability. The value of Celsius assets decreased from $22.1 billion to $4.3
Bitcoin (BTC) appears to have slightly recovered after one of its worst crashes in 2022. The coin had fallen below $30,000 for the first time since July last year. However, it rebounded sharply in a few days. Here are the main takeaways: BTC is currently
The crypto market has witnessed a massive price meltdown over the crypto winter, with the total market cap of all cryptocurrencies shrinking by a whopping $2 trillion. Most assets have seen their prices slashed from bull market peaks – see Bitcoin struggle to stay above
Zcash (ZEC) is fifth cryptocurrency coin Bitcoin of America offers at its crypto ATMs. The company operates over 2,500 Bitcoin ATMs across the United States. Coin ATM Radar data shows there are over 34,000 Bitcoin or crypto ATMs in the US. ZCash, the decentralised cryptocurrency
Bitcoin holds onto $19,000 as investors remain cautious of inflation numbers. The price may weaken further if inflation rises faster than expected. Bitcoin remains held by long-term focused investors. Bitcoin BTC/USD trades at $19,796 as of press time. The level is already a support zone.