Market News – Page 3 – WORLD CRYPTO BUSINESS

Bitcoin, Ethereum Turn Volatile Ahead of the Merge

[ad_1] Key Takeaways Bitcoin lost over 2,000 points in market value in the last 24 hours. Likewise, Ethereum took a 7.5% nosedive, erasing recent gains. The downturn put BTC and ETH at... Read more »

Rishi Sunak Is the U.K.’s New Prime Minister. Here’s What He Thinks of Crypto

[ad_1] Key Takeaways Rishi Sunak has emerged as the next expected Prime Minister of the United Kingdom. Rishi Sunak appears to hold a positive view of crypto, blockchain, and distributed ledger technologies. ... Read more »

ETHW Hasn’t Launched Yet—But You Can Already Trade It

[ad_1] Key Takeaways ETHW is a token due to launch as part of EthereumPoW’s plans to preserve a Proof-of-Work version of Ethereum following “the Merge.” EthereumPoW is not yet live, but a... Read more »

FTX Fraud: Who Are Sam Bankman-Fried’s Biggest Victims?

[ad_1] Key Takeaways The collapse of FTX is already going down as one of the most severe crypto-related frauds in history. Over the course of a week, Sam Bankman-Fried’s carefully-curated empire was... Read more »

Algorand Is Outperforming After a 15% Jump. Here’s Why

[ad_1] Key Takeaways Algorand has rallied 15% after revealing its appointment of Michele Quintaglie as its new Chief Marketing Officer. Quintaglie boasts experience at some of the world’s top firms, including Visa,... Read more »

LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—but Can It Be Trusted?

[ad_1] Key Takeaways A new third-party audit of the Luna Foundation Guard has been released. The report claims that LFG used its $2.8 billion of funds in an attempt to shore up... Read more »

The Dollar Is at a 20-Year High. That’s Bad News for Bitcoin

[ad_1] Key Takeaways The dollar index has jumped to 20-year highs above 112 thanks to the Federal Reserve’s economic tightening policy. While the dollar is soaring, Bitcoin and other cryptocurrencies are struggling... Read more »

MetaMask Could Soon Launch Its Token Airdrop. Here’s How to Prepare

[ad_1] Key Takeaways MetaMask seems to be moving toward decentralization, which could suggest that an airdrop is on the horizon. Using MetaMask in different ways and interacting with ConsenSys-linked projects could help... Read more »

Crypto Traders Are Flocking to DeFi After FTX Exchange Implosion

[ad_1] Key Takeaways The decentralized futures platform GMX has seen an increase in use following the collapse of FTX. Last week, GMX registered a new all-time daily high trading volume of $1.17... Read more »

Why Was Cosmos Hub’s ATOM 2.0 Proposal Rejected?

[ad_1] Key Takeaways A hotly contested vote saw the Cosmos Hub community rejecting the proposal to implement the ATOM 2.0 whitepaper. 37.99% of the tokens voted “NoWithVeto,” signaling strong pushback from the... Read more »