News

Jun 12
Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets

Bitcoin (BTC) dropped to two-week lows on June 11 as the week’s Wall Street trading ended with bears in control. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. inflation print proves setback Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reached $28,528 on Bitstamp, its lowest since May 28. The pair had […]

Jun 12
Innovation in fiat on-ramps can overcome crypto’s expensive card fees

Being in crypto is all about taking an intelligent view towards money. We know that Bitcoin (BTC) is the future, both as a store of value and also as a means of payment, as layer 2 solutions such as the Lightning Network begin to flourish. It is, therefore, vital that every cryptocurrency user makes sure […]

Jun 12
Bitcoin and banking’s differing energy narratives are a matter of perspective

The Carbon Bankroll Report was released on May 17 as a collaboration among the Climate Safe Lending Network, The Outdoor Policy Outfit and Bank FWD. The collaboration made it possible to calculate the emissions generated due to a company’s cash and investments, such as cash, cash equivalents and marketable securities. The report revealed that for […]

Jun 12
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST

The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. 1904 Total views 5 Total shares Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing […]

Jun 12
Fortinet plans previously disclosed stock split to be implemented in 2 weeks

Fortinet Inc. FTNT, -5.00% said Thursday that it plans to implement the previously disclosed five-for-one stock split on June 22. The split is contingent on shareholders approving at the June 17 annual meeting a proposal to increase the number of shares outstanding so the split could take effect. The plans for the stock split were […]

Jun 12
U.S. stocks open lower as Treasury yields rise

U.S. stocks opened lower Thursday, losing ground as yields on Treasurys and other government bonds rose after the European Central Bank affirmed it will begin lifting interest rates in July. The Dow Jones Industrial Average DJIA, -2.73% fell 150 points, or 0.5% while the S&P 500 SPX, -2.91% fell 18 points, or 0.4%, and the […]