Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, and it had more than 200 employees. Behind the scenes, though, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim, and the smell of cannabis permeated the office.
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Ripple's Effect on Financial Advisors
Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.
Bitcoin Miner Stocks Continue Torrid Run as $30K Level Holds
Fresh economic data Thursday morning suggested slowing in both inflation and the employment picture.
Ether Capital CEO: Shanghai Upgrade Likely to Be 'Nonevent' on ETH's Price
The upgrade may in time attract a new group of investors, Brian Mosoff, said.
Crypto-Related Stocks Surge as Bitcoin Price Hits Highest Point Since June 2022
Bitcoin miners are posting the largest percentage stock gains on Monday.
First Mover Asia: Arthur Hayes Sees a 'Balkanization of Finance' Coming Soon as Crypto Rallies
ALSO: Asia-Based Traders Push Bitcoin Past $30K
Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum
Under a new proposal Lido would accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools.
Bitcoin Approaches $30K, Reaching Highest Price Since June
The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.
Bitcoin’s 'Store-of-Value' Narrative Is Real but Not a Price Mover
Longer-term narratives matter, argues Noelle Acheson, but they don’t set the price. That is set by short-term sentiment, which is both contagious and fickle.
Bitcoin's Tight Correlation With Nasdaq-SPX Ratio Muddies Safe-Haven Narrative
Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset.