Binance joins lobbying group as criticism of the exchange ramps up
The exchange has come under increasing pressure from critics after the collapse of its rival, FTX.
External news feeds 2170/2253
FTT Breaks $1 Support for the First Time Since FTX Collapsed, Token Struggles With Dwindling Trade Volume
Despite FTX’s collapse last month, the trading platform’s crypto token FTT had managed to not plummet all the way down to zero, and surprisingly it hovered below the $2 per unit region after Nov. 12, 2022. For 38 days FTT remained above the $1 per…
Auros Global expects to resume regular operations following restructuring plan
The crypto trading firm reportedly suffered a $20 million dollar exposure in the FTX collapse.
Cardano (ADA) Falls Below Critical Point, Why There Is More Pain To Come
Cardano (ADA) remains one of the hardest-hit cryptocurrencies even before the bear market was officially in full bloom. The digital asset which had seen returns higher than 1,000% during the 2021 bull run would eventually see almost the entirety of…
Blockchain VC funding surpasses 2021 total despite declining since May
After a tumultuous year in crypto, investors are now more selective with their funding.
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today’s session, ending a six-day losing streak in the process. Chainlink was also in the green, as it…
Former Diablo Immortal devs pick ImmutableX for upcoming Web3 MMORPG
Metaverse Game Studios announces partnership with blockchain gaming platform ImmutableX to power upcoming Web3 gaming title Angelic.
Bitcoin Still “Overvalued” According To NVT Ratio
On-chain data shows signs aren’t looking good for Bitcoin as the NVT ratio is indicating that the crypto is still overvalued right now. Bitcoin NVT Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC…
Bank of Japan’s Kuroda Shocks Markets by Raising the Benchmark Rate to 0.5% From 0.25%
The Japanese yen is up 3.42% against the U.S. dollar on Tuesday as the Bank of Japan surprised the world by deciding to allow the benchmark interest rate to rise to 0.5% from 0.25%. The Japanese central bank was one of the only banks worldwide to…
Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG
The deal will involve NYDIG taking ownership of miners, with the aim to lessen chances of a bankruptcy.Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement for the $74.4 million debt with its lender…
Bitcoin miner Greenidge signs $74M debt restructuring agreement with NYDIG
The deal, if executed, would essentially restructure the company into a hosting firm for Bitcoin mining rigs.
HRF Bitcoin Development Fund Awards $325,000 In New Grants
12 projects across five continents have received $325,000 in funding from the Human Rights Foundation.The Human Rights Foundation’s Bitcoin Development Fund has announced a new set of grants to go out across the globe to support builders in the…
‘Forget a pivot’ — Markets won’t see Fed rate cut boost in 2023, says analyst
Bitcoin, stocks or else, there is now no light at the end of the Fed rate hike tunnel in 2023, says Jim Bianco.
Waves founder announces new stablecoin as USDN depegs
Days after USDN lost its peg with USD, Waves CEO and founder Sasha Ivanov promised that his new stablecoin will be “undepeggable."
3 reasons why BNB price risks another 30% decline by January
BNB has entered the breakdown stage of its prevailing ascending triangle pattern alongside some negative fundamentals that can push price further down.
Bitcoin Poised To Resume Its Inclination To Outperform, Says Bloomberg Senior Analyst
After the Bank of Japan (BOJ) announced a surprising turnaround in its monetary policy today, the Bitcoin price managed to rise near the important resistance level of $16,900. The BOJ announced that it will drastically widen its yield curve control…
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing…
Game developers expect to work on Web3 games in the future: Survey
A new survey showed that developers believe that integrating Web3 will have an impact in terms of user acquisition and retention.
Update: Cointelegraph’s crypto intelligence platform is turning 2
Research suggests that historical analysis of crypto markets, combined with real-time conditions and investor sentiment, can be extremely informative.
Sango Coin listing postponed by Central African Republic
As the first country to adopt Bitcoin as legal tender in Africa, the Central African Republic appears to be struggling with its investor-oriented token, Sango Coin.
Bitcoin Bearish Signal: ‘Mid-Term’ Holders Show Signs Of Dumping
Why Bitcoin Long-Term Holders Seem To Be Losing Interest In BTC
Current market conditions hinder bullish market movements even for Bitcoin, which is arguably the king of cryptocurrencies. Recently, a crypto analyst named nino released an analysis showing that long-term Bitcoin positions are being liquidated. …
The Africa Bitcoin Conference Showed That Africa Needs Bitcoin, Just As Bitcoin Needs Africa
This month’s Africa Bitcoin Conference underscored the need for Bitcoin on the continent and the progress of grassroots projects there.This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs.The inaugural Africa…
Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian…
Layer 2 Labs Raises $3M At Launch To Supercharge Bitcoin's Ecosystem
The firm, led by BIP 300 and BIP 301 author Paul Sztorc, is on a mission to bring privacy, scalability and better UX solutions to Bitcoin.Layer 2 Labs is launching with the goal of scaling and building out drivechains for the Bitcoin Network. The…
Animoca Brands is the most funded metaverse developer in 2022: Nasdaq
New data from Nasdaq research revealed that over the last investors were keener to back late-stage industry leaders such as Animoca Brands compared to early-stage startups.
South Korean court freezes $92M in assets related to Terra tokens
The CEO of Terraform Labs’ affiliate firm Kernel Labs reportedly held the largest amount in illegal proceeds from Terra.
Meta Will Continue to Push Metaverse Investments in 2023 According to Head Of Reality Labs
Meta will continue to invest in VR (virtual reality) tech in 2023, according to statements made by Andrew Bosworth, head of Reality Labs, the metaverse division of the company. While Meta has made some changes and adapted to the current shaky…
Bringing community-based solutions to crypto lending can solve trust issues
The crypto lending space is plagued with trust and security concerns, but crypto lending platform BNPL Pay offers an innovative community-based lending solution.