Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants

Binance announced Nov. 24 that it is spearheading the creation of a so-called Industry Recovery Initiative (IRI) on BloombergTV. New details about the project to “to lead the charge when it comes to protecting consumers and rebuilding the industry” have been released on the exchange’s blog.  The company wrote: “As a leading player in crypto, …

Ethereum coders reached consensus on Shanghai update

Summary: Ethereum developers had their weekly call to discuss what features should roll out in the next hard fork. Marius Van Der Wijden said coders were already working toward staked Ether withdrawals prior to the call. Developers will proceed with around eight Ethereum Improvement Proposals for Shanghai, the next technological upgrade. The timeline for the …

Russian lawmakers looking to establish state-backed crypto exchange

The draft bill would need to get the approval of the Russian Central Bank alongside the country’s Ministry of Finance.  1 min read Updated: November 24, 2022 at 11:52 am Cover art/illustration via CryptoSlate Russian lawmakers are working on a draft amendment bill enabling the country to launch a national crypto exchange, local media Vedomosti …

New York Times Gets Mocked for Allowing Sam Bankman-Fried to Speak at Dealbook Summit

The former FTX CEO Sam Bankman-Fried (SBF) says he plans to speak with Andrew Ross Sorkin at the annual New York Times Dealbook Summit on Nov. 30, according to a tweet he published on Nov. 23. SBF’s tweet received quite a bit of response and its unconfirmed as to whether or not the former FTX …

Biggest Movers: LINK Nears 2-Week High, SOL Extends Recent Gains

Chainlink rallied to a 12-day high earlier in today’s session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high. Chainlink (LINK) Chainlink (LINK ) rose for …

Russia Prepares to Create Government-Controlled Crypto Exchange

Lawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of the participants in these efforts. Legislators Want Russia to Have Its Own …

Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy

Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged in today’s session. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, following news that the …

Data Lake Launches Consent-to-Earn Medical Data Donation System

press release PRESS RELEASE. The EU-funded web3 startup Data Lake has launched the world’s first medical data donation system, based on Distributed Ledger Technology and with a novel incentives mechanism that rewards people for their medical data altruism called “Consent-to-Earn” (C2E). They recently launched their pilot program to collect patient consents in multiple Polish hospitals. …

New Coinbase Survey Reveals Where Institutional Investors Expect Crypto Prices To Be in One Year

Crypto exchange giant Coinbase is releasing the results of a new survey it commissioned to find out how blue-chip investors feel about the future of the crypto industry. The 2022 Institutional Investor Digital Assets Outlook Survey queried 140 US-based institutional investors with a combined $2.6 trillion of assets on their management on what their outlook …

How to talk to family members about crypto this Thanksgiving season

This week in the United States, millions of people comprising various political and financial backgrounds are traveling to see family members for the first time in months to celebrate Thanksgiving. For crypto-minded individuals, questions about the market may come as quickly as “Why did you cut your hair?” or “Why didn’t you become a doctor?” …

Bitcoin price still due $12K dip, says trader as ETF guru backs GBTC

Bitcoin (BTC) stayed undecided at the Nov. 24 Wall Street open as one trader reinforced a $12,000 BTC price target. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price “main target” for bottom $12,000-$14,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $16,500 as an eerie calm continued on the market. The pair …

Bitcoin miners look to software to help balance the Texas grid

Although Bitcoin (BTC) mining remains a controversial topic, it’s becoming more common to hear how Bitcoin mining can help balance grid demand. This is being demonstrated in the state of Texas, as Bitcoin miners are able to participate in demand response programs, which incentivize miners to turn off their operations during peak demand.  A spokesperson …

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