[Barron’s, Dreamstime] BitcoinBTCUSD +8.49% and other cryptocurrencies were trading mixed Tuesday, with prices wavering amid fragile investor sentiment following a selloff in the stock market on Monday. The price of Bitcoin rose slightly over the past 24 hours to $22,171, having moved as high as $22,700 on Monday. Bitcoin continues to hold […]
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[The Motley Fool, Getty Images] KEY POINTS Disney announced it will be bringing on the Polygon Network as a participant in its 2022 Accelerator Program. This program is intended to increase Disney’s presence in the NFT, AI, and AR worlds. Polygon’s MATIC token has surged more than 30% since this […]
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[Benzinga] Shares of several popular altcoins, including Ethereum Classic ETC/USD, are trading higher again Monday in sympathy with apex cryptocurrency Bitcoin BTC/USD and second-largest market cap crypto EthereumETH/USD. Bitcoin is also trading around a 1-month high Monday afternoon at around $22,000, representing a rebound of 18.3% over the past month. Crypto is likely trading in tandem […]
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[Benzinga, Shutterstock] ZINGER KEY POINTS Cryptocurrencies are down more than 50% from all-time highs hit in late 2021. Both Bitcoin and Ethereum hit 52-week lows on June 18, 2022. Buying the dip has been positive one month later for investors. The prices of cryptocurrencies have fallen in value in 2022 […]
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[CNBC, AFP/Getty Images] KEY POINTS NFTs, or non-fungible tokens, are a controversial piece of the crypto conversation, evoking both passionate criticism and praise as Web3 becomes a bigger part of popular culture. Keith Grossman, president of Time, has spent the past year building the 99-year-old media brand’s NFT business, TIMEPieces, […]
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[MarketWatch, Dow Jones] Crypto in a snap Bitcoin BTCUSD, -0.15% lost 4.9% over the past seven days, trading at around $20,497 on Thursday, according to CoinDesk data. Ether ETHUSD, 0.37% declined 9% over the seven-day stretch to around $1,174. Meme token Dogecoin DOGEUSD, 0.29% retreated 12.5% while another dog-themed token, Shiba Inu SHIBUSD, 0.56%, is trading 9.6% lower from seven days ago. […]
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[InvestorPlace, Shutterstock] The crypto contagion could make the market sicker. Sell these cryptos while you still can. Celsius (CEL-USD) — Legal troubles and Ponzi scheme accusations surround the controversial DeFi network. Solana (SOL-USD) — Technical issues and a lawsuit are bogging down the layer-1. Monero (XMR-USD) — The future of Monero looks uncertain […]
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[Fortune] Robert first came across Voyager Digital in March 2020. Like countless others, he decided to give the cryptocurrency broker a try. The platform was easy to navigate. It offered him an up to 9% annual percentage yield (APY)—much higher than a traditional savings account. It claimed to be FDIC (Federal […]
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[CNBC, Getty Images] KEY POINTS Bitcoin tumbled below $24,000 late on Monday, hitting its lowest level since December 2020, as investors dump crypto amid a broader sell-off in risk assets. Meanwhile, a crypto lending company called Celsius has paused withdrawals for its customers, sparking fears of contagion into the broader […]
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[CNBC, Getty Images] TerraUSD or UST, is an algorithmic stablecoin which was supposed to be pegged to the U.S. dollar. But it lost its dollar peg, collapsed and sent shockwaves through the crypto market. Reeve Collins, co-founder of BLOCKv and co-founder of another stablecoin tether, said the terraUSD debacle will […]
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