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Gold prices log a fifth straight rise as a drop in bitcoin supports the metalGold futures climbed Wednesday, extending their rally to a fifth straight session, with a drop in bitcoin prompting investors to seek refuge in the precious metal. This year, bitcoin and cryptocurrencies saw much more investment demand and retail participation than gold,…[Read more]

EOS Plunges 38% In SelloffInvesting.com – EOS was trading at $5.8232 by 08:45 (12:45 GMT) on the Investing.com Index on Wednesday, down 37.72% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed EOS’s market cap down to $6.4084B, or 0.38% of the total cryptocurrency market cap. At its highest, EOS’s…[Read more]

Litecoin Plunges 39% In RoutInvesting.com – Litecoin was trading at $186.332 by 08:48 (12:48 GMT) on the Investing.com Index on Wednesday, down 38.95% on the day. It was the largest one-day percentage loss ever.

The move downwards pushed Litecoin’s market cap down to $14.895B, or 0.89% of the total cryptocurrency market cap. At its highest,…[Read more]

Ethereum Plunges 34% In Bearish TradeInvesting.com – Ethereum was trading at $2,243.40 by 08:50 (12:50 GMT) on the Investing.com Index on Wednesday, down 34.30% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Ethereum’s market cap down to $289.64B, or 17.25% of the total cryptocurrency market…[Read more]

Bitcoin Tumbles 24% In SelloffInvesting.com – Bitcoin was trading at $34,318.1 by 08:54 (12:54 GMT) on the Investing.com Index on Wednesday, down 24.39% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Bitcoin’s market cap down to $698.8B, or 41.61% of the total cryptocurrency market cap. At…[Read more]

New OCC head requests review of cryptocurrency rules The United States’ banking regulator, the Office of the Comptroller of the Currency, is set to review cryptocurrency-related rulemaking following Brian Brooks’ departure.

Michael Hsu, the newly-appointed Acting Comptroller of the Currency, has requested a staff review of former OCC rul…[Read more]

United States OCC Chief Will Review Previously-Issued Crypto RegulationsThe United States Office of the Comptroller of the Currency will review crypto policies.
The new OCC Chief Michael Hsu will prioritize the review of key regulatory standards.
Hsu expressed his concern on the initiatives previously issued.
The new United States Office of the…[Read more]

Kusama: Recent 50% Surge, Developments, and the FutureKusama (KSM) recently began a terrific price rally which saw the asset rise by over 50%.
This increment in value has seen Kusama trade at over $581 which now reflects in its market capitalization which is now at $4.9 billion.
The rise in value can be attributed to a number of factors including…[Read more]

Stock ETFs Tumble as Bitcoin PlummetsWith the FOMC Minutes coming Wednesday afternoon, stocks and ETFs tumbled overnight and into a third consecutive day session, as investors dumped cryptocurrencies, spurring additional selling in speculative areas of the market. After dropping 586 points at its low of the day, the Dow Jones Industrial Average…[Read more]

Bitcoin Plunges 31% In SelloffInvesting.com – Bitcoin was trading at $30,442.3 by 09:11 (13:11 GMT) on the Investing.com Index on Wednesday, down 30.79% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Bitcoin’s market cap down to $574.2B, or 41.94% of the total cryptocurrency market cap. At…[Read more]

BlockFi Now Mining Bitcoin With BlockstreamCrypto Lender BlockFi is now planning to mine Bitcoin using Blockstream Mining.
BlockFi will set up shop in a warehouse in Adel, GA with up to 300 MW power.
BlockFi will run a mix of MicroBT and Bitmain miners for the project.
Crypto lender BlockFi has paired up with Blockstream to mine Bitcoin. The…[Read more]

Ark Invest Buys $27 million in Tesla Stock, Predicts Bitcoin Will Reach $500kArk Invest, a global asset management firm with over $50 billion in assets under management, recently claimed that their position and conviction on the alpha cryptocurrency ‘remains high’ amid the collapsing price correction this week.During an interview with Blo…[Read more]

BTC Crashes After Elon Musk Hints He May Parting with His Crypto StashThere comes a time when people need to learn to stop talking and just listen. It looks like that time has come for Elon Musk. Either he is oblivious to his power within the crypto community, or he likes to make waves as a hobby, but his latest discussion regarding selling his…[Read more]

Real Research To Bring Power in the Survey IndustryReal Research platform is infamous for its speedy survey completion.
Anyone can be a user and a respondent in the Real Research portal.
Real Research announces its availability in both Android and iOS versions.
Real Research, a survey platform with blockchain power, offers new opportunities within…[Read more]

The Cook Finance Testnet is Live on Ethereum Rinkeby TestnetCook Finance announced that its Cook Finance Testnet is now live.
Cook Finance to launch on the Ethereum Mainnet in the next few weeks.
Cook Finance announced that its Cook Finance Testnet is now live. Cook Finance is a cross-chain decentralized asset management platform.

The firm…[Read more]

The Internet Computer (ICP) – From Nowhere To The TopThe Internet Computer hit the scene like a bolt from the blue to rank as the 10th-largest cryptocurrency by market capitalization.
Presently, the Internet Computer is valued at $115 and has a market capitalization of $14.5 billion at the time of publishing.
The Internet Computer allows i…[Read more]

Indian Government to Discuss Crypto BanThe Indian government is rethinking the discussion of crypto regulation in India.
The government might form a new committee to discuss the old sanctions on crypto.
According to local news, the Indian government is rethinking the discussion of crypto regulation in India.

The news comes amid the current view…[Read more]