An altcoin built on interoperable blockchain Cosmos Network (ATOM) is surging despite the latest crypto market doldrums. The native crypto asset of smart contract platform OKX Chain (OKT) has seen a significant price increase in the last seven days as it inks new partnerships, defying the latest bear market sparked by the downfall of prominent …
Monthly archives: December 2022
Popular Crypto Analyst Issues Ethereum Warning, Details Catalysts That Could Trigger Massive Plunge
Widely followed cryptocurrency analyst Benjamin Cowen is warning that Ethereum (ETH) may collapse due to at least one big economic worry. In a new strategy session, Cowen tells his 779,000 Youtube subscribers that the leading smart contract platform could decline by more than 65% from its current price of $1,174. “I do think you’re still …
Bitcoin still lacks this on-chain signal for BTC bull market — David Puell
Bitcoin (BTC) only needs one more key on-chain signal for a classic bull market to begin, analyst David Puell says. In a tweet on Dec. 17, the Puell Multiple creator argued that the stage is almost set for the end of the BTC price bear market. Puell: Bitcoin network activity “underwhelming” Despite many calling for …
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Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis
The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets, preventing DCG-induced service disruption for users. With users proactively exploring …
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Bitcoin and equities roll over as markets digest another round of rate hikes: MacroSlate Report
Here’s a macro roundup of CPI and rate hikes from the fed, ECB and BOE. 3 min read Updated: December 17, 2022 at 8:58 am Cover art/illustration via CryptoSlate On Dec. 13., a further decline of CPI to 7.1% was met by an expected rally in equities and a drop in the U.S. dollar and …
FTX Collapse Has Rekindled Security and Reliability Concerns for Web3 Projects Says Marketing Expert
The fallout from the collapse of failed crypto exchange FTX is forcing Web3 brands, and projects previously focused on managing the public’s perception, to concentrate on fighting for their very legitimacy, Laura K. Inamedinova, a Web3 marketing expert, has said. Besides just trying to convince backers and investors, Inamedinova said Web3 players have the more …
Capgemini: Nine out of Ten Consumers Interested in the Metaverse
A report issued by Capgemini, a consulting firm, has found that most consumers are at least curious about the metaverse and what it might bring to their lives. The report, which also examined consumer and company expectations of immersive experiences, explains that many are already taking advantage of the metaverse concept. Capgemini: Metaverse Seeing Interest …
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UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War
The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (IDPs) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures the funds are instantly transferred to the intended recipients. Only ‘Most Impacted and Vulnerable …
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Top 10 Christmas Crypto Gainers – Number 7: BGB
Bitget Token (BGB) coin has been performing extremely well over this year and has surged nearly 67% year-to-date, supported by Bitget’s status as an important […] Go to Source
Top 10 Christmas Crypto Gainers – Number 8: NEST (NEST up 250% YTD)
The NEST Protocol (NEST) coin was another major cryptocurrency that experienced significant growth this year. NEST Protocol (NEST) outperformed several other cryptocurrencies this year, increasing […] Go to Source
Bitcoin To Crash to $10,000 Before Exploding by Over 200%, Says Investment Giant VanEck – Here’s the Timeline
The head of digital assets research at global investment behemoth VanEck, Matthew Sigel, is predicting wild fluctuations for Bitcoin (BTC) over the coming months. Starting with a bearish forecast, Sigel says in a post detailing his crypto predictions for 2023 that Bitcoin could fall to between $10,000 and $12,000 in next year’s first quarter. According to …
Metaverse experience to sway real-world travel choices in 2023: Survey
As borders open up following prolonged COVID-induced travel restrictions, the Metaverse, one of the latest sub-crypto ecosystems, is set to help travelers decide on the destinations they want to experience in person, reveals a new survey conducted by Booking.com personally. Popular online travel agency Booking.com surveyed 24,179 respondents across 32 countries, which revealed travelers’ strong …
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Democrats to reportedly return over $1M of SBF’s funding to FTX victims
Following the arrest of former FTX CEO Sam Bankman-Fried (SBF), three prominent Democratic groups have reportedly decided to return over $1 million to investors that lost their funds due to misappropriation. On Dec. 16, the Democratic National Committee (DNC), the Democratic Senatorial Campaign Committee (DSCC) and the Democratic Congressional Campaign Committee (DCCC) pledged to return …
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Crypto Casino Launch – LBLOCK Is The One To Watch in 2023
Lucky Block emerged as one of the leading cryptocurrency presales in late 2021 and soon took the crypto space by storm with its NFT competition […] Go to Source
Op-ed: What happens to Bitcoin if Binance goes down?
After the spectacular collapse of the U.S. cryptocurrency exchange FTX, investor confidence in the cryptocurrency ecosystem is very low. Hence, the ongoing media reports and social media rumors about higher-than-usual outflows from the world’s largest crypto exchange Binance are raising alarm bells among crypto investors and the wider investing community. Binance’s controversial proof of reserves …
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