The Cryptocurrency market has witnessed more than $70 million wiped off its value due to the massive decline in the price of Bitcoin which fell 8% below $20,000. The leading crypto asset traded at $19,000 which saw anxious investors express…
American billionaire investor and vice chairman of Berkshire Hathaway, Charlie Thomas Munger during a Wednesday annual shareholder meeting of the daily journal corporation, described cryptocurrencies as “worthless”. He revealed that crypto is not different from gambling which amazes him that…
Binance has gained Institutional clearance to offer Crypto services to its Swedish customers. The decision from Sweden’s financial authority followed regulators in France, Bahrain, Spain and Dubai granting similar approvals for Binance in 2022. Binance announced its registration with the…
Cryptocurrency company Coinbase is set to carry out a second round of layoff, following a decline in its revenue. The exchange platform has proposed to cut 950 jobs, which is equivalent to a fifth of its workforce. The second round of…
Recent reports disclose that the leading digital crypto asset Bitcoin lost more than 60% in 2022. The report revealed that this is the second-worst annual performance on record for Bitcoin, and only its third down year ever. The digital asset…