Augustine Ojeh
A multi-billion dollar lending unit of a cryptocurrency has to halt withdrawals, the company’s CEO announced. Genesis Global Capital, which had $2.8 billion in total active loans by September had who to blame. They blamed
Augustine Ojeh
It goes without saying that last week's collapse of the FTX exchange represents one of the crypto industry's worst-ever episodes. It was one episode that clearly reflected in digital-asset markets. FTX Effects On Cryptocurrency Giants
Augustine Ojeh
The price of Bitcoin is now below $17,000—the first time that the asset has dropped that low since November 2020. The Reason For All Of The Noise Surrounding Bitcoin It’s been a volatile week for
Augustine Ojeh
When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. However, by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a
Augustine Ojeh
The Federal Reserve announced today that it will continue with its aggressive monetary policy to fight inflation. Consequently, both crypto and traditional markets are reacting positively to the news. Bitcoin, the largest cryptocurrency, was trading
Augustine Ojeh
Bitcoin after drifting lower for months and spending recent weeks in a tiny trading range, has delivered 24-hour gains. The coin is now about of 7% up. Meanwhile, hitting its highest levels since mid-September, world's
Augustine Ojeh
In November 2021, Bitcoin looked unstoppable as its price approached $70,000 per coin. Since then, the cryptocurrency has lost nearly 70% of its value and it now trades for about $19,000. Was this just a
Augustine Ojeh
Crypto Price Today Oct 20 Latest Updates: The crypto market is facing a major selloff due to hawkish macroeconomic conditions. Bitcoin fell by 0.8% in the last 24 hours and is trading at $19,140.60. Bitcoin
Augustine Ojeh
Surprise, surprise, inflation is still lurking about and Bitcoin is taking a heavy blow. The Consumer Price Index (CPI) report was released Thursday. The CPI – which tracks the general price of goods across the
Augustine Ojeh
Cryptocurrency prices rebounded Thursday after sliding to new October lows. This happened following the release of a key U.S. inflation reading that came in hotter than expected. The price of bitcoin was last 0.3% higher
