Tag: bitcoin trader

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Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market

The Serhiy Prytula Charity Foundation, an organization raising money for Ukraine’s war effort against Russia, has used crypto actively in its fundraising and is seeing donations rise in crypto terms even as the market has fallen from its highs…. Read More: Ukrainian Charity Uses Crypto Actively, Says Donations Have Risen During Bear Market  Read more…
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Give Us Our Money Back: The Issue With Custodial Wallets and the Implications of Halting Withdrawals on Crypto’s Reputation

Julian Liniger is the co-founder and CEO of Relai, a bitcoin-only exchange founded in Switzerland in 2020. __________ Having been involved in the crypto and bitcoin (BTC) space for more than five years, I’ve seen how the ups and downs of the market have become the norm. But recently, things have been different…. Read More:…
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Crypto Biz: 3AC’s founders are nowhere to be found

Liquidators don’t know the whereabouts of Kyle Davies and Su Zhu. Meanwhile, Grayscale’s legal officer says the asset manager’s lawsuit against the SEC could take a while to play out. In the world of crypto, there’s no such thing as “too big to fail.” Three Arrows Capital, once the most recognizable hedge fund in the…
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US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption

U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives. Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the…
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Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope

Analytical data reveals that DeFi’s total value locked registered a minor dip from the past week, falling to a value of $56.45 billion. Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the…
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Time to accumulate? 5 sectors to watch during crypto winter

Crypto prices have dropped to multiyear lows, raising the question of which assets from which subsectors are ready for accumulation. It’s weird to think that anyone could look forward to downturns in the crypto market, but that is precisely the position held by many developers and project creators who enjoy the low-pressure environment that exists…
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SEC commissioner Allison Lee departs, readying financial regulator for Jaime Lizárraga

The U.S. Senate has already confirmed the nomination of Allison Lee’s replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. Allison Herren Lee, one of five members of the United States Securities and Exchange Commission’s board, has officially left the regulatory body after more than three years as a commissioner.…
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HUMAN Protocol Foundation Announce HMT Now Listed on Probit

PRESS RELEASE. The HUMAN Protocol Foundation is delighted to announce that HMT is now listed on Probit. Probit joins other exchanges, Bitfinex, FTX and Gate.io in offering our community the opportunity to buy, sell, and trade HMT. About HMT HMT is the native cryptocurrency of HUMAN Protocol. In practice, Requesters – who want to launch…
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Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’

The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows the startup surpassing $31 billion in all-time NFT sales volume, and the…
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Bitcoin ETFs and Open Interest From BTC Futures, Options Follow Crypto Economy’s Spot Market Decline

Roughly 247 days ago, the total bitcoin futures open interest across 12 different cryptocurrency derivatives trading platforms was $26.73 billion and over the last eight months, bitcoin futures open interest has dropped 60% down to $10.69 billion. Further, the bitcoin exchange-traded funds BITO and BTF have followed bitcoin’s spot market losses, as the bitcoin ETFs…
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