Analyzing the current state of Ethereum, DeFi, stablecoins, NFTs post-FTX fallout

Price drawdown from ATH 2022 approaches year-end; it has been a historical year for all asset classes due to the rapid tightening of monetary policy worldwide and the strength of the U.S. dollar. It had severe implications on the crypto ecosystem, which has seen a wide range of liquidations and margin calls, as well as …

Alameda Research CEO Caroline Ellison Reportedly Spotted at a Coffee Shop in Manhattan With FTX Dog ‘Gopher’

On Dec. 4, 2022, the Twitter account and citizen journalist called Autism Capital shared two pictures of a woman that closely resembles the Alameda Research CEO, Caroline Ellison. The pictures were taken at a coffee and sandwich shop in Manhattan at 8:15 a.m. (ET). Citizen Journalist Reportedly Spots Alameda’s Caroline Ellison in New York According …

Bitcoin’s Third Largest Wallet Changed Hands, but Onchain Data Shows It’s Likely the Same Owner

Last year and during the first half of 2022, speculators assumed the third-largest bitcoin address was a ‘mysterious whale,’ even though the wallet had shown strong characteristics of being a cryptocurrency exchange. The address known as “1P5ZED” has since been replaced by another address, after the wallet started to transfer its entire bitcoin balance in …

Web3 Crypto Onboarding Platform Transak Integrates With Coinbase Wallet

According to Transak, users of the Coinbase self-custody wallet in South East Asia can now use its Web3 onboarding platform “as a fiat on-ramp to buy crypto.” Transak’s integration with the Coinbase wallet is coming at a time when more users are becoming “aware of the importance of keeping their assets safe, secure, and in …

Avalanche Price Prediction for Today, December 4: AVAX/USD May Soon Hit $14 Resistance

The Avalanche price prediction shows that AVAX could renew the bullish trend as the coin prepares for a bullish rally in the days to come. Avalanche Prediction Statistics Data: Avalanche price now – $13.67 Avalanche market cap – $4.2 billion Avalanche circulating supply – $310 million Avalanche total supply – $404.2 million Avalanche Coinmarketcap ranking …

Bitcoin (BTC) Overdue for a Rally As On-Chain Metrics Reach Historic Levels: InvestAnswers

Popular crypto analyst InvestAnswers says that an on-chain signal is suggesting that Bitcoin (BTC) is way overdue for a rally. In a new strategy session, the pseudonymous analyst takes a look at Bitcoin’s realized price (RP) metric, which records the value of all BTC at the price they were bought, divided by the number of …

South Korean Judge Throws Out Arrest Warrant for Terra Founder Do Kwon’s Associates: Report

A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon’s associates. According to a new report by local publication Yonhap News, Hong Jin-Pyo, the chief judge in charge of warrants at the Seoul Southern District Court, is dismissing the arrest warrant issued for Shin Hyun-seong, one …

Bitcoin price consolidation could give way to gains in TON, APE, TWT and AAVE

The United States equities markets shrugged off the hotter-than-expected labor data on Dec. 2 and recovered sharply from their intraday low. This suggests that market observers believe the Federal Reserve may not change its stance of slowing the pace of rate hikes because of the latest jobs data. Although the FTX crisis broke the positive …

Crypto Declared Dead Yet Again As Bitcoin Hits All-Time High In Long-Term Investor Holdings

BTC Conviction is at an all-time high as long-term investors keep adding to their BTC stack unfazed by the recent news and fallouts according to data from Glassnode. Crypto has been declared dead quite a few times as Fear and Uncertainty is at highs in the crypto industry. Although low conviction holders may have left, …

Popular Analyst Predicts Bitcoin (BTC) Rally, Says US Dollar Flashing Signs of Ending Parabolic Surge

A closely followed crypto strategist is calling for a Bitcoin (BTC) surge just as the US dollar index (DXY) is showing signs that its parabolic rally this year could be coming to an end. In a new strategy session, Jason Pizzino tells his 279,000 YouTube subscribers that the US dollar index won’t stop crashing as …

AAX clients storm exchange’s office in Lagos following operational halt

Nigerian customer’s of the crypto exchange AAX reportedly attacked the company’s office in Lagos and harassed its employees, in a response for the recent halt of withdrawals, according to local reports from Dec. 3.  Although it’s unclear when the assault happened, the Nigerian Blockchain Technology Association Stakeholders (SiBAN) confirmed the storm in an announcement on …

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