Latest Market News
The FTX cryptocurrency exchange is exploring an acquisition of stock and crypto investing app Robinhood.
For almost the first decade of its existence, Bitcoin served as a speculative shelter for investors looking for a unique asset class that seemingly bore no little to no correlation to the broader financial markets. However, since 2017, there has been an increasing correlation between the equity and cryptocurrency markets due to both increasing knowledge among individual & institutional investors, coupled with the wider acceptance & adoption of blockchain-based financial instruments.
Even though the performance of the cryptocurrency market is nothing to write home about, we’ve seen some very exciting announcements from crypto and blockchain projects recently. Let’s check out three projects that will be worth following in the coming days.
Earlier this week, Jim Cramer, the host of the finance television program Mad Money, talked about the negative market sentiment that is permeating the stock and crypto markets and outlined what it would take for the broader bear market trend to see a reversal.
Although there is a plethora of deposit options, users often opt for credit cards as they have proved to provide the fastest and easiest way to buy crypto on centralized exchanges. In this article we will review the basic principles of stablecoins and teach you how to buy stablecoins using a credit card on Binance, one of the biggest and most popular exchanges in the world.
Krew, the DeFi accelerator of the Klaytn ecosystem, is launching its first project named KLAP (Klaytn Lending Application). KLAP will be the first of several projects to be launched by the Klaytn accelerator. With a $4 million war chest, Krew aims to create, incubate, and support a wave of DeFi projects within the EVM-compatible Klaytn blockchain.
The Polkadot Decoded summit is quickly approaching at the end of June. It is slated to be full of important speakers in the Polkadot ecosystem, with talks, demos, and interactive workshops spread across four major cities.
Employees of Terraform Labs, the company which led the development of the Terra blockchain platform, are reportedly banned from leaving South Korea.
Binance CEO Changpeng “CZ” Zhao says that his company is looking at the cryptocurrency market crash as an opportunity for hiring new talent and potentially acquiring companies.
Tesla and SpaceX CEO Elon Musk’s tweets continue to have a noticeable impact on the markets for Dogecoin, the largest “meme coin” by market capitalization. In a tweet on June 19, Musk said “I will keep supporting Dogecoin”. In response to a comment from another Twitter user, Musk said that he is still buying DOGE.
