Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take – Cointelegraph Magazine

Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram, is heavily involved in virtual worlds through its metaverse unit,... Read more »

MicroStrategy to stay on Bitcoin course even if spot ETFs approved: Saylor

MicroStrategy co-founder Michael Saylor believes his firm will remain an enticing way for investors to gain exposure to Bitcoin (BTC) regardless of any future exchange-traded fund approvals. He has also confirmed his... Read more »

What do crypto exchanges really do with your money? – Cointelegraph Magazine

So, you’ve deposited some cryptocurrency onto an exchange. You expect that these funds will be held in your name as a liability, with safeguards in place to make sure that you can... Read more »

Ether ETFs pending – Grayscale, VanEck and others file SEC applications

Six major asset managers including Grayscale and VanEck have filed fresh applications in a bid to launch Ethereum Futures (ETH) exchange traded funds (ETF) to United States customers. Separate filings submitted to... Read more »

MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin

Business intelligence firm MicroStrategy — one of the largest corporate holders of Bitcoin (BTC) in the United States — managed to return to profitability in the second quarter amid a surge in... Read more »

Bitcoin investor sentiment slumps to a new low, even as macro and equities show improvement

Bitcoin (BTC) surpassed the $30,000 resistance on June 21, or 40 days ago, after a notable 19.5% gain in a week. Since then, it has been moving within a range filled with... Read more »

Stocks cool off, miners send BTC to exchanges to prep for halving

In July, Bitcoin mining stocks continued their positive 2023 run, with the top 10 stocks by market cap gaining 23.10% on the month on average, with a year-to-date return of 277.34%. In comparison,... Read more »

Where’s the recession? These 3 economic indicators can alert investors to a market downturn

Inflation came down a lot faster than most investors and analysts anticipated, reaching 3% in June. The recession that most analysts predicted is nowhere to be seen, according to the 3.6% unemployment... Read more »

Tether’s excess reserves up to $3.3B, holds $72.5B worth of US Treasury bills

Tether (USDT) continues to increase its treasury reserve holdings backing circulating USDT tokens, according to its latest financial attestation for the second quarter of 2023. Tether Holdings published its Q2 attestation from... Read more »

Vyper vulnerability exposes DeFi ecosystem to stress tests

Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft of millions of dollars worth of cryptocurrencies... Read more »