Genesis could file for bankruptcy this week: report
Genesis Global Capital, a crypto lending platform owned by Digital Currency Group (DCG), is said to be considering filing for bankruptcy. According to a Bloomberg report, Genesis is likely to…
NFT sales rose 26% in the first week of 2023
NFT sales jumped 26% as trading volume rose across major blockchains. Ethereum accounted for the most NFT sales, while Bored Ape Yacht Club dominated among collections. The broader crypto industry…
Near Protocol adds 20% in a week. What price action says about the token
Near token has recovered by almost 20% in a week The cryptocurrency saw increased volumes at the $1.25 bottom after a disastrous 2022 NEAR face bears at the descending trendline…
This week in crypto: SBF extradited to the United States
SBF is finally in the United States after signing an agreement earlier this year. The SEC chair said the agency would continue cracking down on cryptocurrency companies. Paxful removes Ether…
Ether could end the week above $1,300 as the bullish sentiment increases
Ether maintained its price above $1,200 over the past few days and could rally higher soon. The total crypto market cap could reach the $815 billion mark soon. Ether could…
This week in crypto: SBF arrested in The Bahamas
Authorities have arrested Sam Bankman-Fried in the Bahamas. Binance reserves are accounted for, says CryptoQuant. Ark Invest continues to invest in Coinbase. Sam Bankman-Fried has been arrested Sam Bankman-Fried, the…
This week in crypto: Gnosis becomes the second blockchain to complete The Merge
Gnosis blockchain completes The Merge and migrates to a proof of stake protocol. Coinbase expects 2022’s revenue to decline by 50% or more from 2021. PayPal begins crypto operations in…
This week in crypto: SBF explained FTX’s collapse in an interview
Key takeaways Sam Bankman-Fried granted an interview to explain the circumstances behind FTX’s collapse. Nexo and Gemini gain regulatory approval in Italy. NFTs are now live on the Uniswap network.…
Best exchange cryptocurrencies to buy this week
UNI and SUS are native tokens of the leading decentralised exchanges and have been performing well today. BNB is underperforming today but could rally higher over the coming days. The…
This week in crypto: Binance’s $1 billion recovery fund already has contributors
Jump Crypto, Polygon Ventures, and Justin Sun have indicated the desire to contribute to Binance’s recovery fund. Genesis could file for bankruptcy if it fails to get funding as FTX’s…