A closely followed crypto strategist says that Ethereum (ETH) is gearing up for a big move that could dictate whether it outperforms Bitcoin (BTC) next year. Justin Bennett tells his 111,600 Twitter followers that the ETH/BTC pair is about to make a decision soon as it approaches the end point of a symmetrical triangle pattern. …
Monthly archives: November 2022
Gemini gets regulatory greenlight in Italy, Greece amid lending halt
Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the firm announced on Nov. 30. The crypto exchange has also received registration as a custodial wallet provider and …
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BTC price taps $17K as analysis warns of inbound Bitcoin ‘risk events’
Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: $17,500 monthly close “most bullish outcome” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating. Highs of $17,072 appeared on Bitstamp, with the pair …
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What is the best crypto use case? Community answers
While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use cases for cryptocurrency. On Twitter, the Cointelegraph social team asked the community to share their perspectives on what the best crypto use case is. From …
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Binance acquires regulated crypto exchange in Japan
Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported. In an official public announcement on Nov. 30, Binance CEO Changpeng Zhao said the crypto exchange was committed to re-entering the Japanese market under regulatory compliance. The acquisition of …
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Market-Beating Trading Bot Is a Big Fan of This Altcoin
Real Vision Bot, a trading bot that is popular for outperforming the crypto market, has shared its newest portfolio allocations amid the ongoing bear market. […] Go to Source
Third Russian Crypto Exec Dies in Strange Circumstances – What’s Going On?
Vyacheslav Taran, the President of Libertex Group and creator of Forex Club, has died. Taran passed away on November 25 in France after a helicopter […] Go to Source
Oryen Network reportedly in cahoots with Shiba Inu Developers to make Staking more User-Friendly
Crypto staking can be a complex and time-consuming process, and this deters many potential users from adopting it. Making staking more user-friendly would encourage more […] Go to Source
Binance returns to Japan after buying local crypto exchange Sakura
Summary: Changpeng Zhao’s company bought Sakura Exchange BitCoin, a regulated crypto exchange in Japan. Binance’s acquisition means the country runs a business in Japan for the first time since 2018. CZ’s exchange sought a crypto license in the region, as EWN reported earlier in September 2022. Binance acquired trading platform Sakura Exchange BitCoin (SEBC) for …
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Binance re-enters Japan, controls over 75% of exchanges’ monthly trading volume
Binance has re-entered the Japanese market with its acquisition of Sakura Exchange BitCoin (SEBC), according to a Nov. 30 announcement. #Binance Acquires JFSA Registered Sakura Exchange BitCoin, Committed to Enter Japan Under Regulatory Compliancehttps://t.co/xfdnaY2hiO — CZ 🔶 Binance (@cz_binance) November 30, 2022 The Changpeng Zhao-led exchange revealed that it bought a 100% stake in the …
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Animoca to launch $2B investment fund for metaverse
The fund is currently at the formation stage and intends to raise between $1 billion and $2 billion to invest in metaverse-related businesses. 2 min read Updated: November 30, 2022 at 10:26 am Cover art/illustration via CryptoSlate Animoca Brands CEO Yat Siu said the company is working on setting up a fund of up to …
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Brazil approves cryptocurrency bill recognizing Bitcoin as a payment method
Lawmakers in Brazil have approved a cryptocurrency framework bill for the use of digital currencies in the Latin American country. Once passed into law, Brazilians can use Bitcoin as a payment method, while digital assets will be recognized as an investment asset class. Bitcoin as payment House bill 4401/21 aims to establish an agency to …
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Game7 Launches $100 Million Grants Program to Push Web3 Gaming Development
Game7, a blockchain gaming-focused DAO (decentralized autonomous organization) has announced the launch of a $100 million grants program. The objective of this grants program is to support the Web3 gaming community in these times of market downturn and to advance the adoption of blockchain gaming on several chains. Game7 to Support Blockchain Gaming With $100 …
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Cameroonian Fintech Ejara Raises $8 Million in Series A Investment Round
Just over 12 months after raising $2 million, the Cameroonian fintech whose app allows users to buy and store crypto assets recently said it had received $8 million in its Series A investment round. According to Ruth Foxe Blader, partner at Anthemis, Ejara aims to become the one-stop platform where “a suite of financial products …
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Crypto Exchange Kraken Settles With Treasury Department Over Sanctions Violations
Crypto exchange Kraken has settled with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) over its apparent violations of sanctions against Iran. The cryptocurrency exchange has agreed to remit $362,159 to settle its potential civil liability and invest an additional $100,000 in certain sanctions compliance controls. Kraken Settles With OFAC The …
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