by Crypto University | May 6, 2022 | News, Weekly Recap
Binance Commits $500M to Elon Musk Acquiring Twitter Binance, the biggest cryptocurrency exchange worldwide, has committed $500 million to help Elon Musk to buy Twitter. Thus far, Musk has raised over $7.1 billion from third-party investors, including an $800 million...
by Pedro Lopez | May 6, 2022 | Crypto U Research
The world of trading, although profitable, is very complicated. 90% of the people that trade cryptocurrencies lose their money, as luck is not a reliable factor to count on. Traders need to follow multiple rules to protect their money and stick to smart investments....
by Crypto University | May 5, 2022 | News, Weekly Recap
Fed Rate Hike Causes Spike In Bitcoin Price The Federal Open Market Committee (FOMC) announced an interest rate hike of 0.5% on Wednesday. It is the highest single rate hike in over 22 years. The Bitcoin price spiked by 6% following the news. In its efforts to...
by Crypto University | May 4, 2022 | News, Weekly Recap
ApeCoin Integrates with Polygon ApeCoin, created by Yuga Labs, has announced its integration with the Polygon Network, a decentralized Ethereum scaling platform. That comes as a response to the backlash Yuga Labs received after releasing Otherdeeds (like title deeds)...
by Crypto University | May 3, 2022 | News, Weekly Recap
Crypto.com Cuts CRO VISA Card Rewards Crypto.com, a cryptocurrency exchange platform based in Singapore, announced that they were reducing rewards for CRO Visa cardholders, effective from the 1st of June. In a press release, they announced a reduction in CRO Card...
by Crypto University | May 2, 2022 | News, Weekly Recap
Wikipedia Foundation no Longer Accepts Crypto, The Wikipedia Foundation will no longer accept Bitcoin as a donation. The decision is linked to environmental concerns and to the high volatility of the coin. The WMF started accepting cryptocurrency in 2014 in response...
