Stories By Anisha

US FTC Probes Crypto Firms Over Misleading Ads

An official from the authoritative body stated that it was looking into “possible misconduct concerning digital assets,” but they have not disclosed the further details.

Billionaire Investor Tim Draper Predicts Bitcoin at $250K

I have extended my prediction by six months. $250,000 is still my number.

USDC’s Circle Is Backing Out of $9Bn Deal To Go Public

Publicly traded Concord Acquisition Corp. was established for the primary aim of acquiring other businesses.

Veteran Hedge Fund Manager Believes Bitcoin Will Replace Gold

One experienced hedge fund manager thinks Bitcoin (BTC) could one day replace gold and claims the price of the leading cryptocurrency will reach six figures.

Australian Exchange Swyftx Lays Off Employees

Swyftx, an Australian cryptocurrency platform, recently said it has laid off 90 people, or around 40% of its overall workforce.

FTX US Subsidiary LedgerX Has Potential Buyers

The US House Financial Services Committee has also scheduled a hearing on the circumstances surrounding FTX’s demise for December 13.

Billionaire Predicts Bitcoin at $500,000 but “Not in Five Years”

The global trend of increasing interest rates by central banks to combat inflation has resulted in a precipitous decline in the value of risk assets like bitcoin in recent months.

Russian Giant Sber Has Added Support for Ethereum and MetaMask

Sber, Russia’s largest bank, now supports the MetaMask cryptocurrency wallet.

Keyrock Raises $72M in Funding Led by Ripple

The funding round, which included Six Fintech Ventures and Middlegame Ventures, concluded in the middle of September.

Coinbase Hires New Executives for Expansion in Europe

Coinbase, the largest cryptocurrency exchange in the United States, has hired new executives to lead its opportunities to expand in Europe, the Middle East, and Africa (EMEA).