Price analysis 11/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTC
Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.
External news feeds 1918/1941
Why Bitcoin Is Not At Risk Of Knocking $10,000 If Grayscale Increases Selling Pressure
The crypto market has seen extreme selling pressure over the past week, with Bitcoin recording a fresh yearly low below its current levels. The number one crypto by market cap is entangled in the collapse of crypto exchange FTX and its subsequent…
Crypto Biz: FTX fallout leaves blood in its wake
Businesses exposed to Sam Bankman-Fried's bankrupt cryptocurrency exchange are beginning to topple.
EverEarn Ethereum Blockchain Public Presale With USDC Rewards
PRESS RELEASE. As if the cryptoverse needed more reasons for people to be fearful, both FTX and BlockFi rocked cryptocurrency blockchains and investors alike, sending prices spiraling, blockchains congesting, and investors hunkering down for more…
Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.
Trust Wallet Token (TWT) Undeterred Market Downtrends With Over 90% Gains
As calls for self-custody rage on, Trust Wallet Token has enjoyed unprecedented surges in the past week. On TWT’s week-on-week chart, the token has amassed over 90% gains. This comes as FTX’s debacle unfolds and traders grow wary of centralized…
Analysis of FTX and Alameda Collapse Points to Terra LUNA Fallout Starting the Domino Effect
An analysis of the FTX and Alameda Research collapse has been published by the blockchain and crypto analytics firm Nansen and the report notes that the Terra stablecoin collapse, and the liquidity crunch that ensued, likely started the domino…
Is Binance CEO Changpeng Zhao To Blame For FTX Collapse?
In the space of one week, FTX had gone from being the second-largest crypto exchange by trading volume to being bankrupt. This swift move from being ‘okay’ to being in ‘hot water’ has shown just how uncertain things can be in the crypto market…
Biggest Movers: LTC Rallies to 1-Week High, as UNI Snaps Recent Losses
Litecoin rallied to a one-week high on Friday, as the token rose for a second consecutive session. The move saw prices climb by close to 8% earlier in the day, and comes as crypto markets mostly traded higher. Uniswap also gained, rebounding from…
$138B investment manager Man Group to launch crypto hedge fund: Report
Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.
Bitcoin Bearish Signal: 130k BTC Just Flowed Into Binance
On-chain data shows the crypto exchange Binance has just received Bitcoin inflows of 130k BTC, a sign that may be bearish for the price of the crypto. Binance’s Bitcoin Exchange Reserve Has Sharply Spiked Up Over Past Day As pointed out by an…
Banks still show interest in digital assets and DeFi amid market chaos
Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.
Topps Sells out Crypto-Themed Garbage Pail Kids ‘Non-Flushable Token’ Cards
Amid the craziness tied to the FTX collapse, the latest Garbage Pail Kids (GPK) non-fungible token (NFT) collection takes aim at the crypto industry, roasting subjects like the LUNA collapse, Bored Ape Yacht Club, and Cryptopunks. Following the…
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — Analysis
BTC’s price targets now include $12,000, with Ether potentially falling to $800 for the pit of the bear market.
Chiliz Continues To Trend Higher Amidst World Cup Fever; Is $0.4 Possible?
Brazil Based FTX Customers Organizing to File Class-Action Lawsuit
A group of customers of the recently collapsed crypto exchange FTX, is organizing to take legal action against the company. The suit would be led by Ray Nasser, CEO of Arthur Mining, and will be brought by customers who had more than $100,000 on…
Crypto self-custody a ‘fundamental human right’ but not risk-free: Community
Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.
Bitcoin, Ethereum Technical Analysis: BTC Nears $17,000 Heading Into the Weekend
Bitcoin was closing in on the $17,000 level on Friday, as cryptocurrency markets rebounded heading into the weekend. The token moved away from a recent support point of $16,200 in today’s session, as bulls reentered the market. Ethereum also…
Multicoin Expects FTX Contagion To Hold Industry In Its Grips For Weeks To Come
In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain write in a 3,400-word letter that the FTX…
Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE
One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian…
FTX market aftershock reportedly causes Genesis Block to cease trading in Hong Kong
The Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.
Bitflex: Next-Generation Cryptocurrency Exchange Officially Launches
PRESS RELEASE. Seychelles, November 18, 2022 – Bitflex Ltd. (“Bitflex,” “we” or “our”), a blockchain technology company in the global market, today has just announced the official launch of its cryptocurrency exchange. The launch follows an
Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear.
Sony Files Patent to Use NFT Tech for Keeping Track of in-Game Digital Assets; Introduces Moments Market
Electronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the usage of this tech in order to record the story of…
Bitstamp gets a crypto license from the Bank of Spain
The EU-based exchange became the 46th crypto business to obtain a permit to offer virtual currency exchange services for fiat currency in the country.
FTX meltdown triggers FINRA into probing crypto comms
The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.
Chainlink (LINK) Performs Poorly Amidst Market Uncertainty
Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22. Overall, LINK has recorded over 12% loss in the weekly chart…
Sam Bankman-Fried rumor mill running amok: Trading course, FBI extradition, FTX hack
A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.
Chiliz (CHZ) Leads Market Gains With Over 8%
CHZ continues to lead the market in gains as more anticipation builds toward the World Cup. The go-to fan token was seen keeping an intraday profit of 7.37%. It reached a local high of $0.246 during the day before retracting to its current price of…