The crypto slump after the FTX slump seems to fade away gradually. This becomes all the more evident with the performance of BNB on the […] Go to Source
Monthly archives: November 2022
Dogecoin Rallies As Price Breaks Major Resistance; Here Is Why $0.15 Is Possible
DOGE’s price holds above $0.08 as the price gears for a rally to a possible high of $0.15. DOGE’s price remains strong as bulls reclaim $0.088 despite uncertainty in the market traders and investors remain cautious. DOGE’s price bounces from a low of $0.07 on the daily timeframe as the price reclaims $0.088 as price …
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Chainlink Extends Accumulation By 200 Days; Will Bulls Push For A Breakout?
LINK’s price retraces to its 200 days range as the price aims for a breakout ahead of its staking scheduled in December 2022. LINK’s price remains strong as bulls reclaim $6 despite uncertainty in the market traders and investors remain cautious. LINK’s price bounces from a low of $5.5 on the daily timeframe as the …
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Binance Coin Revives Its Bullish Strength Above $290; Will Bulls Defend This Area?
BNB’s price bounces off from $250 as the price rallies to a high of $300 as bulls take charge of the price. BNB’s price remains strong as bulls reclaim $300 despite uncertainty in the market traders and investors remain cautious. BNB’s price bounces from a low of $250 on the daily timeframe as the price …
On-Chain Data Shows Signs Of Fresh Bitcoin Accumulation
On-chain data shows signs of some fresh Bitcoin accumulation taking place during the last month. Bitcoin UTXOs Aged 1 Week To 1 Month Have Risen Up In Recent Days As pointed out by an analyst in a CryptoQuant post, UTXOs purchased between 1 week and 1 month ago have risen since the FTX crash. The …
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Bitcoin Bulls Get Rejected As $16,700 Proves Too Strong; Here Is What To Expect
BTC’s price is rejected from breaking above $16,700 as this region is too strong for bulls. BTC’s price remains bearish in the high timeframe as most traders and investors remain cautious. BTC’s price bounces from a low of $15,500 on the daily timeframe as the price reclaims $16,500 as price struggles to break higher above …
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Ethereum Whale Accumulation Soars to Highest Rate in Two Years As ETH Bounces: Santiment
A prominent market intelligence firm finds that Ethereum (ETH) whales are gobbling up the leading smart contract platform at the highest rate seen since 2020. According to crypto analytics agency Santiment, deep-pocketed Ethereum investors are snapping up ETH at a significant rate. Santiment says the last accumulation event like this that happened in 2020 sparked …
Cardano (ADA) Developer Helps Create New Method for Evaluating Blockchain Decentralization
Cardano (ADA) developer Input Output Global (IOG) is working with the University of Edinburgh to create a new system that will determine if a blockchain is truly decentralized. IOG says that most blockchains claim to be decentralized but these assertions are subjective because no standard framework for evaluating decentralization exists. The technology company says the …
Defunct Crypto Exchange FTX and Sam Bankman-Fried Facing Fraud Investigation in Turkey
Bankrupt crypto exchange FTX and its co-founder Sam Bankman-Fried could face fraud charges overseas as Turkish officials probe the former CEO. According to a new announcement by Turkey’s Financial Crimes Investigation Board, Bankman-Fried and the crypto exchange are being investigated for fraud over its recent disintegration. Bankman-Fried is accused of mishandling billions of dollars worth …
Programming languages prevent mainstream DeFi
Decentralized finance (DeFi) is growing fast. Total value locked, a measure of money managed by DeFi protocols, has grown from $10 billion to a little more than $40 billion over the last two years after peaking at $180 billion. Total value locked in DeFi as of Nov. 2022. Source: DefiLlama The elephant in the room? …
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Trouble in the Bahamas following FTX collapse: Report
Following the collapse of crypto exchange FTX, which was headquartered in the island country of Bahamas, Bahamians are reportedly still trying to find a way to make sense of everything, while remaining optimistic about the future. According to a report by the Wall Street Journal, the island country — which had encouraged cryptocurrency companies to feel …
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Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01
Glassnode Special Offer Explore all the live charts covered in this report in Glassnode Studio. ⚡Special offer⚡ For a limited time, you can save 40% on a monthly or yearly Glassnode Advanced plan and access the data and insights which are helping thousands of crypto traders and investors around the world. Offer ends 29 November. …
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred to new addresses in several transactions. Bitcoin Stored …
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Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event
Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau. The event planned for April 2023 was supposed to be hosted by the now-bankrupt FTX and the Skybridge Capital-backed …
Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding
Crypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and …
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