Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, has warned of a looming consumer recession and more earnings trouble. He cited falling U.S. personal savings and record-setting revolving credit card debt despite trillions of dollars...
Crypto volatility is nerve-wracking, and it may not be over yet. The turmoil may make crypto investors and crypto-related businesses less enthusiastic than when prices seemed ever to be climbing. With the market falling off a cliff, there will...
To enhance its business in the growing region of Latin America, Huobi Global recently announced that it has acquired Bitex, a crypto exchange with a strong presence in Argentina, Chile, Paraguay, and Uruguay. Latin America is one of the...
Tether, the company operating the blockchain-enabled stablecoin platform, announced it has now launched the Tether token (USDt) on Polygon (formerly MATIC), the Ethereum blockchain scaling and development platform. The addition of Tether to the Polygon ecosystem is a milestone...
Cardano TVL has spiraled downward the past few days mainly because of the intensified crypto market correction and decline in investor interest. To date, the crypto has plunged to $120.86 million. With the rate it’s going, Cardano has chucked...
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code,...
CoinDesk Editor-in-Chief Kevin Reynolds alerted me this week to a striking Linkedin post by a Coinbase (COIN) staffer. In the post, apparently now deleted, the Coinbaser wrote in part that it’s “crazy to me how much market value sits...
Australia’s Swinburne University of Technology has partnered with two financial technology firms which will provide its students exposure to the financial technology and cryptocurrency business world. The partnership is between Swinburne and small business loan provider Judo Bank along...
Is the greatest risk to the value of an NFT project for it to actually ship a product? That might sound counter-intuitive, but there is arguably no other area of investment in which prices are so dependent on hype...
Effective today, All in Bits, Inc. DBA “Tendermint”, which rebranded to ‘Ignite” in February 2022, declared the creation of two independent entities – Ignite Inc. and NewTendermint Inc. The first entity, NewTendermint Inc., sees the return of the co-founder...