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Cryptocurrencies

Tether: Celsius crisis has no impact on USDT reserves

The ongoing crisis of Celsius’s native token has nothing to do with the stablecoin provider Tether and will not impact its USDT reserves, according to the

Cryptocurrencies

USDD stablecoin falls to $0.97, DAO inserts $700M to defend the peg

While the market has not yet fully recovered from the onslaught caused by the TerraUSD (UST) depeg, another stablecoin project shows signs of distress, causing

Cryptocurrencies

Bitcoin passes $23.8K May low as crypto market cap drops under $1 trillion

Bitcoin (BTC) faced continued selling pressure before the June 13 Wall Street open as Ether (ETH) revisited multi-year lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Cryptocurrencies

Binance ends support for anonymous Litecoin transactions

Crypto exchange Binance announced they are ending support for Litecoin (LTC) transactions sent through the latest MimbleWimble (MWEB) upgrade. Binance warned that any transaction sent through

Invest

Here is why Switch Fix dropped 15%

Switch Fix Inc (NASDAQ: SFIX) dropped 20% after announcing 330 job cuts as styling and personal shopping services grapple with widening losses and sales slowdown.

Invest

ELMS stock outlook as Electric Last Mile goes bankrupt

The Electric Last Mile Solutions (NASDAQ: ELMS) stock price is set to crash to zero after the company filed to go bankrupt. The stock ended

Bitcoin

Lowest weekly close since December 2020 — 5 things to know in Bitcoin this week

Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020. A night

Invest

Expect drawdowns on Valero Energy as resistance coincide with overbought conditions

As energy costs soared this year, sector stocks became a darling to many investors. Not only did the stocks preserve value in a falling market,

Invest

Texas Instruments’ bearishness to continue after the break below key support

Texas Instruments Incorporated (NASDAQ:TXN) was among the best-performing semiconductor names last year. Increased demand for chips amid a supply crunch led to robust 2021 gains.

Bitcoin

Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT

Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a