Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar.
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MANA Loses 80% Of Its Value Over The Last 12 Months – No More Blessings To Come?
The MANA cryptocurrency used in Decentraland has clearly seen better days. From its 2017 high of $5.85, MANA has dropped 80% in value in the last 12 months, as shown by the most recent available data. Presently, a share of MANA can be purchased for…
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion…
Sam Bankman-Fried apologizes for FTX liquidity crisis: ‘I fucked up twice’
According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events.
Swaps Updates Take Payment Processing and UX to Badass Level
PRESS RELEASE. Tallinn, Estonia: Swaps is pleased to announce that we have updated our platform. As a crypto and fiat payment processing company, we prioritize providing our partners with the best crypto on-ramp, off-ramp, and checkout services…
Maintaining decentralization: Are custody services a threat to DeFi protocols?
DeFi ecosystems try to live up to crypto’s decentralized ethos, but single-token governance protocols could prove a challenge.
Binance shares wallet addresses and activity after proof of reserve pledge
Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity.
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines Following FTX Saga, Markets Now Look Towards US Inflation Report
Cryptocurrencies continued to crash on Thursday, as market sentiment surrounding the FTX saga remained on the minds of traders. Bitcoin fell below $16,000 late on Wednesday, with prices remaining close to two-year lows today. Ethereum slipped below…
Claims and rumors fuel crypto market turmoil amid FTX collapse
A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research.
Amid FTX Rumors Tether’s USDT Peg Of $1 Wobbles – What’s Going On?
The crypto market still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether’s stablecoin USDT might be more affected by the downfall of FTX than it would like to admit. Moreover, there currently seems…
ETC Price And Social Dominance Figures Down In Last 7 Days – What’s Next?
Similarly to Bitcoin and other altcoins, ETC (Ethereum Classic) has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly, biweekly, and monthly time frames is not…
Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound
Tether follows TRON's USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.
Honor Veterans Day By Adopting Bitcoin And Ending Forever War Funding
Adopting bitcoin on Veterans Day can help put an end to forever wars that unnecessarily risk the lives of U.S. soldiers.This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture.On the occasion of Veterans Day…
State-Run Chinese Newspaper Economic Daily Warns Against ‘Betting Big’ on the Metaverse
Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing…
Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
Wallets associated with Sam Bankman-Fried's Alameda Research could be behind the dollar de-peg, alleges Tron's founder.
Ledger hardware wallets hit by the FTX earthquake, CTO says
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports.
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of…
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.
Grayscale Bitcoin Trust closes with 41% premium lost amid FTX meltdown
On Nov. 9, the GBTC closed at a record discount of 41% with a one-share price standing at $8.76.
HashKey Group receives approval to operate crypto exchange from Hong Kong SFC
Hash Blockchain Limited (HBL), a member of the HashKey Group (HashKey), a blockchain asset financial services group in Asia, announced today it has received approval from the Securities and Futures Commission of Hong Kong (SFC) to operate a virtual…
Bitcoin miners ‘next trigger’ for BTC price crash as outflows hit multi-month highs
Miners face an impossible situation if prices stay this low, which could result in a sell-off accompanied by a BTC price macro low.
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to…
Bitcoin Plunges To $15,700 As Binance Rejects FTX Takeover – Levels To Watch
Solana Falls Out Of The Top 10 Crypto, Why There Is More Pain To Come
Solana (SOL) has been one of the tokens hit by the FTX decline in the last few days. Given FTX’s exposure to the token and the fact that they hold a sizable position, it has suffered a massive decline in tandem with the FTT token. The token has…
JP Morgan Predicts Bitcoin Crash To $13.000 Due To Cascade Of Margin Calls
Amidst the drama surrounding the busted deal between FTX and Binance, banking giant JP Morgan has commented on the current state of Bitcoin and the broader crypto market. If FTX does file for bankruptcy, the contagion could be massive. As…
OpenSea to enforce creator royalties on all collections after community outcry
The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post.
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the…
ZOIDS WILD NFT ARENA Launches Frontier Test Today
PRESS RELEASE. ZOIDS WILD NFT ARENA, a blockchain trading card game presented by Z SPOT and developed by ACT Games, launches a two-week beta test named Frontier Test today, where players can experience various aspects of the game for free. The Test…
Sequoia Capital marks down entire $214M FTX stake to zero
The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income.
XRP Price Prediction: Why The Bulls Could Protect This Crucial Support
XRP price started a major decline from the $0.50 resistance against the US Dollar. The recent collapse of FTX and FTT sparked a sharp move towards the $0.32 support. Ripple is down over 15% and there was a drop below the $0.40 support against the…