Murtuza Merchant - Spark Newswire

3 minute read

Earning Money By Staking Crypto Tokens On Proof-Of-Stake Blockchains: How It Works

Today, 10:33 PM

With the crypto markets in a clear consolidation phase and prices of leading cryptocurrencies correcting significantly from their all-time highs (ATH), many long-term crypto investors are looking at earning additional revenue from their crypto holdings.

COIN

3 minute read

EXCLUSIVE: Kevin O’Leary Says ‘Idiots’ Are Holding Crypto Back, But Regulation Can Bolster Bitcoin Value

By Murtuza Merchant

Today, 10:33 PM

Bitcoin (CRYPTO: BTC), the world’s largest — and first — decentralized cryptocurrency, will quadruple in value if the sector gets regulated, according to Shark Tank's Kevin O'Leary in an exclusive interview with Benzinga.

AMZN

2 minute read

EXCLUSIVE: Short Seller Andrew Left Says The Idea Of Decentralization Is The ‘Stupidest Thing Ever’

By Murtuza Merchant

Today, 10:33 PM

Andrew Left, founder of Citron Research says the idea of decentralization, where power is shifted from the hands of centralized entities is the “stupidest thing ever” and pointed out that the only utility Bitcoin has is that it is a collective consciousness of people, with people buying because others are.

BTC

2 minute read

Analysts Say Crypto Markets Have Not Yet Bottomed Out, More ‘Time Pain’ Ahead

By Murtuza Merchant

Today, 10:33 PM

Long-term holders and miners are under remarkable pressure to surrender amid bearish cryptocurrency market sentiments and activity levels of small and large entities suggest the market has not yet formed a confident bottom and still has work to do, according to blockchain analysis firm Glassnode.

BTC

2 minute read

Online Brokerage Firm M1 To Launches Crypto Trading Accounts

By Murtuza Merchant

Today, 10:33 PM

Online brokerage firm M1 on Tuesday announced the launch of crypto trading accounts and services over the next few weeks, allowing users to invest in a personalized portfolio for the long term. The company’s CEO Brian Barnes said roughly half of its surveyed users had sought to use the platform to invest in cryptocurrencies.

BTC

2 minute read

Failure Of Stablecoins Could Have Catastrophic Broader Financial Implications: ECB

By Murtuza Merchant

Today, 10:33 PM

Given that the largest stablecoins serve a critical function for crypto-asset markets’ liquidity, the failure of one of the largest stablecoins could have wide-ranging implications for crypto-asset markets and in turn contagion effects on the financial system, according to the European Central Bank (ECB).

LUNA

3 minute read

Massive Volume Pushes Bitcoin Briefly Above $22,500: Here’s Why There’s A Spike In Activity

By Murtuza Merchant

Today, 10:33 PM

After being in the red for over a month, the largest digital currency by market capitalization, Bitcoin (CRYPTO: BTC), has pared some of its losses and is trading up about 12% higher over the past week, making a brief high of $22,527 along with a spurt in volumes on July 8, before settling back to around $21,700 levels.

BTC

2 minute read

Bitcoin Could Be The Greatest Bull Market In History: Bloomberg Analyst

By Murtuza Merchant

Today, 10:33 PM

Bitcoin (CRYPTO: BTC), the world’s largest digital currency by market capitalization, could be the greatest bull market in history at a relatively discounted price to start the second half of 2022.

AMZN

2 minute read

Crypto Lender Voyager Files For Chapter 11 Bankruptcy Protection

By Murtuza Merchant

Today, 10:33 PM

Days after it suspended trading, deposits, and withdrawals on its platform, cryptocurrency lending platform Voyager Digital LLC (OTC: VYGVF) filed for Chapter 11 bankruptcy protection in New York, according to its court

BTC

2 minute read

Court Orders Liquidation of Crypto Hedge Fund 3AC Following Voyager Loan Default: Report

By Murtuza Merchant

Today, 10:33 PM

A court in the British Virgin Islands has ordered the liquidation of crypto hedge fund Three Arrows Capital (3AC), after the company suffered major losses in the recent market turmoil. According to a report by Sky News, partners from Teneo, a global CEO advisory firm, are handling the insolvency proceedings after a court order was issued on June 27.

BTC