First time Bear market? Advice from Bitcoin Bull Michael Saylor

First-time bear market? It’s also the first Bitcoin (BTC) bear market for Michael Saylor, one of the world’s biggest Bitcoin bulls.  Executive chairman of one of the world’s largest pro-Bitcoin companies, Saylor took a moment out of his busy schedule at the Los Angeles Pacific Bitcoin conference to speak with Cointelegraph. Crucially, Saylor told Cointelegraph …

Ethereum developer ConsenSys said Infura stores IP addresses from MetaMask users

Summary: The blockchain firm said Infura collects IP addresses from MetaMask users and temporarily stores the data. ConsenSys shared the news via an update to the company’s privacy policy. Decentralized exchange Uniswap also tweaked its privacy policy to include off-chain data collection. ConsenSys, a blockchain product company building Ethereum-centered solutions, told users that the company …

Crypto Analysts Predict Massive Breakout for Litecoin (LTC) After Years of Accumulation

A widely followed crypto strategist is predicting that Bitcoin (BTC) alternative Litecoin (LTC) will have a massive breakout after years of underwhelming performance. Pseudonymous crypto trader Kaleo tells his 546,400 Twitter followers that Litecoin will likely repeat its historical bull runs in relation to the price of the king crypto after a long period of …

Top Ethereum Rival Is Now Flashing Bullish Signal, According to Crypto Analytics Firm Santiment

Crypto analytics platform Santiment says that the heavily bearish sentiment revolving around Solana (SOL) could push the price of the Ethereum (ETH) competitor up. The market intelligence firm says that the fear, uncertainty and doubt (FUD) surrounding Solana could trigger the smart contract platform to rally until the heavily bearish sentiment reduces. “There are not …

UAE regulator revokes FTX license amid the exchange collapse

As the FTX debacle still creates waves in the crypto industry and beyond, the Dubai Virtual Assets Regulatory Authority (VARA) has suspended the license which allows FTX to make preparations to service the local market.  In an announcement posted on its official website, VARA mentioned that it has revoked the approval of FTX MENA’s Minimum …

Bitcoin exchanges see 180K BTC supply decrease amid Mt. Gox BTC sales

Bitcoin (BTC) exchanges may have just seen the largest exodus of user funds ever, data suggests. Data from on-chain analytics firm Glassnode shows that on Nov. 23, major exchanges were down almost 179,000 BTC in monthly withdrawals. Major exchanges see record BTC withdrawals With FTX contagion still in the air, exchange users have been busy …

Crypto lender Hodlnaut reportedly faces police investigation in Singapore

Singapore-based crypto lender Hodlnaut is reportedly facing a police probe over alleged offenses of cheating and fraud. According to reports published in local media, the police’s commercial affairs department has launched an investigation into the founders of the exchange based on multiple complaints against the platform between August and November 2022. The Singapore police noted …

Criminals profit over 5000% following reawakening of 10,000 Bitcoin

A crypto wallet belonging to a defunct Russian crypto exchange BTC-e moved 10,000 Bitcoin (BTC) ($165 million) on Nov. 23 to two unidentified wallets. Chainalysis reported on Nov. 23 that BTC-e had begun withdrawal from its wallet nearly a month ago. On Oct. 26, successors of the defunct exchange sent small amounts of Bitcoin to a …

Study: 6,100 Crypto ATMs Installed in 2022, Figure 3 Times Less Than in Previous Year

New data has shown that as many as 6,100 crypto and bitcoin automated teller machines were installed in the first eleven months of 2022. The latest figure is approximately three times less than the ATMs that were installed in 2021. The data shows that the United States, which has over 34,000 crypto ATMs, accounts for …

IMF Blog: Better Regulation of Africa’s Growing Crypto Market Urgently Needed

A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post on the IMF blog has said. The blog post reiterated the IMF’s belief that risks to a country are “much greater if crypto is …

Deloitte: Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP

Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms are already being used by millions.” Deloitte’s Metaverse Study A new …

Bitget Gives Investors an Edge With a Series of Crypto Social Trading Features

sponsored For most retail investors, trading has traditionally been a solitary exercise, making the barrier to entry relatively high. Information regarding trading instruments and market conditions can often be hard to come by or, at other times, too complex for beginners to grasp. Here at Bitget, the organisation is determined to remove this barrier by …

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