Bitcoin price extended losses below the USD 22,500 level and declined below USD 21,500. It is currently (03:58 UTC) trading just below USD 21,200 and is down over 3% in a day and 5% in a week. Similarly, most major altcoins are moving lower. ETH traded below the USD 1,450 support level. XRP might soon…
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In an unexpected sign of generosity by a customer, a waitress in Pennsylvania, USA, Mariana Lambert, pocketed a tip of some USD 3,000 on a USD 13.25 restaurant order from an out-of-town customer who said he was involved in crypto. Zachary Jacobson, a manager at Alfredo’s Cafe who was at the restaurant when customer Eric…
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The restaurant chain will give away Bitcoin, Ether, Solana, Avalanche and Dogecoin through an online game. United States-based fast casual restaurant chain Chipotle has started an online game which will give customers the chance to win more than $200,000 in crypto. In a Monday announcement, Chipotle said that, through July 31, fans would be able…
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Bitcoin’s upside prospects are supported by at least three on-chain and technical metrics — but is the bottom in? Bitcoin (BTC) could be in the process of bottoming after gaining 25%, based on several market signals. BTC’s price has rallied roughly 25% after dropping to around $17,500 on June 18. The upside retrace came after a…
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Bitcoin traded below its mining cost basis in June, DeFi experienced a 33% decline in TVL, and mid-month weekly BTC options peaked to their highest on record. The blockchain space is seeing some areas of strength despite the perceived downturn in the market. The perpetual futures funding rates for Bitcoin (BTC) and Ether (ETH) have…
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Moelis & Co.’s John Momtazee stated the firm was unfazed launching the group amid a crypto bear market, acknowledging that any new “disruptive” tech comes with volatility. New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms. The group is being…
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The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising. LidoDAO, the governance body that controls Lido Finance, has voted to reject a proposal that would have sent 1% of the LDO token supply to Dragonfly Capital in exchange for…
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Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on…
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Tesla has revealed that it is still holding bitcoin worth $222 million in market value after selling 75% of its crypto holdings. The company recorded realized gains of $64 million on its recent bitcoin conversion into fiat currency. Tesla Realizes Gains of $64 Million From Bitcoin Sale Tesla Inc. filed its second-quarter report with the…
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The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move…. Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be? Read more »Pay,…
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