Taleb Warns of Bitcoin’s “Inexorable Decay” Amid Plunging Volumes
Author Nassim Taleb predicted Bitcoin’s demise amid declining trading volumes, arguing the top crypto will succumb to “inexorable decay” rather than a sudden crash.
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BitMEX Adds High-Leverage SHIB Perpetual Contracts
Crypto trading platform BitMEX is launching perpetual swaps for SHIB with up to 33x leverage, expanding meme token offerings amid growing interest.
Nvidia’s AI Business Lifts Q2 Revenue Above Expectations
Nvidia’s record revenue growth driven by rising artificial intelligence demand highlights the company’s strengths but also lingering risks as it looks to sustain rapid expansion in the AI market.
Binance Adds New BNB/USDT Options With 3-Day Lifespan
Binance Options is launching T+3 daily call and put contracts for BNB/USDT that expire every 3 days, expanding its derivatives offering amid recent BNB volatility.
SEC’s First NFT Enforcement Sends Warning to Industry with $6M Fine
The SEC fined an LA media company $6M for illegally selling NFTs as unregistered securities, marking the regulator’s first enforcement against an NFT project.
BitBoy Crypto Severs Ties with Founder Ben Armstrong
The parent company of influencer brand BitBoy Crypto ended its relationship with founder Ben Armstrong over substance abuse problems and alleged damage to employees, despite his 3M+ follower reach.
SHIB Network Bridge Reopens After Shutdown
While the Shiba Inu team has restored functionality by reopening withdrawals on its Layer 2 Shibarium network after a temporary shutdown, the news has not made any significant impact on SHIB’s price or trading volume.
Xterio and Particle Streamline Web3 Gaming
Xterio and Particle Network are collaborating to forge a path to seamless Web3 gaming by enabling true digital asset ownership.
Bitcoin Slides Under $26K as Traders Brace for More Declines
Bitcoin dipped below $26,000 on Monday as technical analysis and overall bearish sentiment suggest further declines ahead in the absence of positive catalysts, even while some large investors accumulate on dips.
Binance Considers Exiting Russian Market Amid Sanctions
Binance may exit Russia due to sanctions over Ukraine invasion and legal issues.