Author name: Cryptoolio Team

Bitcoin Is Now 66% Off; Here’s The Smart Way To Buy It

The go-to Bitcoin and ETF for many investors is the ProShares Bitcoin Strategy ETF (BITO). The ETF, which owns Bitcoin futures, accumulated more than $740 million in assets after just launching in Oct. 2021. But it’s far from the only way to participate in the once red-hot theme that’s now eerily gone cold. “Many investors […]

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Could Dogecoin Reach $1 Trillion Market Cap? Jenny Ta Explains How

Jenny Ta, the founder and CEO of CoinLinked.com, shared her thoughts about the future price of Dogecoin  The popularity of Dogecoin has soared recently, as the cryptocurrency that started as a joke is no longer just chasing its tail. The meme-based cryptocurrency received public support from numerous celebrities in 2021 and is picking up traction as a method of payment at retailers.

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DOGE Daily: Market Goes Green, ‘Dogecoin Millionaire’ Names 4 Coins That Can See Upside

Dogecoin  DOGE/USD traded 3.1% higher at $0.06 over 24 hours leading up to early Friday morning. DOGE was seen trading higher along with other major coins as the global cryptocurrency market cap rose 4% to $927 billion. The DOGE Factors DOGE was not among the most-mentioned coins on Twitter at press time, according to Cointrendz The

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Charlie Munger calls crypto an ‘open sewer,’ says sellers are ‘delusional or evil’

Berkshire Hathaway’s billionaire vice chairman Charlie Munger renewed his scathing criticism of the cryptocurrency sector – calling the industry a “sewer” full of bad actors selling digital coins that lack any actual value. Munger, one of the financial world’s most vocal critics of cryptocurrencies, referred to the “crypto craze” as a “mass folly” during an

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Bill to grant crypto firms access to Federal Reserve alarms experts

A wave of notoriously risky cryptocurrency firms could one day be integrated into the traditional banking system under a little-noticed provision in a new bill that is raising alarms among financial experts about potentially destabilizing consequences. The provision — part of a sweeping proposal to regulate the crypto industry that Sens. Cynthia M. Lummis (R-Wyo.)

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Grayscale Sues SEC Over Bitcoin ETF Application Rejection

The SEC rejected Grayscale’s application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday. Grayscale Investments filed suit against the U.S. Securities and Exchange Commission (SEC) barely an hour after the regulatory agency rejected its application to convert its flagship Grayscale Bitcoin Trust product to an exchange-traded fund (ETF). The SEC rejected

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Ripple and British Automotive Company Lotus Cars Partner to Launch NFT

In a media release, British automotive company Lotus Cars declared plans to launch into the world of non-fungible tokens (NFTs). Lotus is to collaborate on its first NFT collection with Ripple as a blockchain partner, providing technical support on the XRP Ledger (XRPL) blockchain and a web3 NFT as a service solution, NFT PRO. The Lotus

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Crypto Workers Behind Terra and Luna Are Facing a Flight Ban in South Korea

AMID AN ONGOING INVESTIGATION, PROSECUTORS HAVE BARRED TERRAFORM LABS’ EMPLOYEES FROM LEAVING SOUTH KOREA The ongoing crypto crash has brought a lot of investors back down to earth. In the case of current and former Terraform Labs employees, it’s keeping them literally grounded. Dozens of past and present staff from the company behind two notorious

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Bitcoin Falls Below $18,000, Ethereum Under $900 as Selloff Intensifies

Just after 3 a.m. on Saturday morning, Bitcoin finally fell below $20,000. One hour later, Ethereum followed it down and fell below $1,000. Those figures were seen as much-dreaded key support levels for the top two coins by market cap. But by 5:15 a.m. EST, both began to slowly climb back, appearing to avoid the immediate precipitous slide many

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