FTX hires forensics team to find customers’ missing billions: Report

The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto. Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant, Matt Jacques, according to a …

Bitcoin Holders Show Rapid New Accumulation For First Time This Bear, Bottom Signal?

On-chain data shows Bitcoin holders have done some rapid fresh accumulation recently, something that may lead to bottom formation for the cycle. Bitcoin 1w-1m Realized Cap UTXO Age Bands Have Sharply Gone Up As pointed out by an analyst in a CryptoQuant post, the percentage of the BTC realized cap that was last moved between …

Will This New Development Push The Chainlink Price To $7?

The Chainlink price has not reflected positive changes despite a major development in the altcoin’s ecosystem. Over the last 24 hours, LINK has declined by over 4%. Even in the weekly window, the altcoin lost over 6% of its value. LINK had charted considerable gains in the month of November. The bulls, however, could not …

Key Support Line For Cardano Price Rests Here As The Coin Moves South

The Cardano price has declined steeply over the past trading sessions. The altcoin currently trades within a descending triangle pattern. This means that the coin could be headed for further decline unless it manages to break past a few vital price ceilings. Over the last 24 hours, ADA declined by 1.3%. In a weekly timeframe, …

Bitcoin Bullish Signal: Exchange Whale Ratio Sharply Declines

On-chain data shows the Bitcoin exchange whale ratio has sharply declined recently, a sign that may prove to be bullish for the price of the crypto. Bitcoin 7-Day MA Exchange Whale Ratio Has Rapidly Gone Down Recently As pointed out by an analyst in a CryptoQuant post, the metric also saw a similar decline during …

Bitcoin Miners Feel The Heat, More Selling Pressure Might Be Imminent

Bitcoin is still stuck in a tight range as market sentiment declines from optimistic to bearish and market participants brace for a possible impact. The cryptocurrency was thriving on the possibility of a positive change in the macroeconomic landscape. Did bulls rush into a trap? As of this writing, Bitcoin (BTC) trades at $16,800 with …

FTX hires forensics team to find lost customers’ billions: Report

The new management for bankrupt crypto exchange FTX has reportedly hired a team of financial forensic investigators to track down the billions of dollars worth of missing customer crypto. Financial advisory company AlixPartners was chosen for the task and is led by former Securities and Exchange Commission (SEC) chief accountant, Matt Jacques, according to a …

Just 8% of Americans have a positive view of crypto: CNBC survey

A new CNBC survey suggests that only 8% of Americans have a favorable view of cryptocurrency as of the end of November, down significantly from the 19% recorded in March. CNBC’s All-America Economic Survey was conducted between Nov. 26 and Nov. 30. It, however, should be taken with a grain of salt as, despite its …

SBF subpoena is ‘definitely on the table,’ says Rep. Maxine Waters

The United States House Financial Services Committee Chair Maxine Waters said a subpoena is “definitely on the table” for former FTX CEO Sam Bankman-Fried, who has been requested to testify at a Dec. 13 hearing looking into the collapse of FTX. In a Dec. 8 tweet Waters said that “lies are circulating” after a report from …

Introducing Allbridge Core – Crosschain Stablecoin Swap Solution

Lisbon, Portugal Allbridge – a crosschain solution provider, just launched its latest product Allbridge Core, enabling seamless transfer of stablecoins between a wide variety of EVM and non-EVM blockchains. Allbridge Core offers a native bridging experience, making vital improvements to the user experience by removing the interaction with the wrapped assets. This is achieved by establishing …

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