After climbing to a high of 0.79 ether on Dec. 17, 2022, Donald Trump’s non-fungible tokens (NFTs) have dropped considerably in value over the last 12 days. On Dec. 29, 2022, Trump’s NFT collection has a floor value of 0.15 ether, which is around 81% lower than the floor value highs recorded last week. Trump …
Yearly archives: 2022
BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022
Today’s top ten crypto assets make up a large portion of the crypto economy’s current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites allow patrons to add their favorite coins to a watchlist, between coingecko.com and coinmarketcap.com, …
Continue reading “BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022”
‘Ultra Sound’ Money — Simulation Shows Ethereum’s Inflation Rate Is Significantly Lower Using Proof-of-Stake
Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on …
2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate
Bitcoin’s hashrate has jumped from the low 170 exahash per second (EH/s) recorded this week, to above the 300 exahash range after a number of bitcoin mining operations from Texas temporarily went offline on Dec. 25, 2022. Furthermore, three-day hashrate distribution statistics recorded on Dec. 29, 2022 indicate that two mining pools command more than …
Continue reading “2 Bitcoin Mining Pools Command More Than 53% of BTC’s Total Hashrate”
Billionaire Mike Novogratz’s Galaxy Digital To Acquire Struggling Argo Blockchain’s Main Facility
Crypto investment firm Galaxy Digital is acquiring the main facility of Bitcoin (BTC) miner Argo Blockchain for $65 million. According to Argo, billionaire Mike Novogratz’s crypto investment firm is buying the mining facility known as Helios in Dickens Country, Texas, as well as providing the struggling company with a $35 million loan. Argo was thrown …
Crypto Analyst Warns Bitcoin (BTC) ‘Still Trending Down’, Looks at Litecoin, Fantom, and One AI Altcoin
A widely followed crypto analyst is breaking down Bitcoin (BTC), Litecoin (LTC), Fantom (FTM) and one little-known altcoin that combines artificial intelligence (AI) and blockchain technologies. Crypto trader Michaël van de Poppe tells his 643,500 Twitter followers that BTC is “trending down” after two harsh rejections. “Still trending down. – Harsh rejection at $16,800. – Harsh rejection …
North Korean Hackers Are Posing As Venture Capitalists To Steal Crypto Assets: Security Firm
A unit of the North Korean state-sponsored hacker Lazarus Group is impersonating financial and investment firms to steal crypto assets. According to security firm Kaspersky, the group known as BlueNorOff is creating fake domains that look like those of legitimate venture capital and banking companies. “The actor usually used fake domains such as cloud hosting …
FTX Subsidiary To Begin Returning Crypto Assets to Users in Full Next Year
A subsidiary of bankrupt crypto exchange FTX is set to start returning digital assets to users in full as soon as next year. According to a new blog post by FTX Japan, the crypto firm says it will grant eligible customers the ability to withdraw their funds after the high-profile collapse of its parent company …
Continue reading “FTX Subsidiary To Begin Returning Crypto Assets to Users in Full Next Year”
Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer
Former FTX CEO Sam Bankman-Fried (SBF) may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits to be received for entering a guilty plea instead of going to trial. Set to appear in court in the first days of January to enter a …
Bank of India report calls for regulatory coordination on crypto market challenges
The Reserve Bank of India (RBI) has appealed to the country’s presidency of the G20 group of the world’s largest economies as a pulpit to call for the development of a global regulatory framework for crypto assets. In its latest financial stability report, released Dec. 29, the bank again expressed its concerns about the burgeoning …
FTX’s Liquid exchange hopes to return customer assets next year
The FTX-owned Japanese crypto exchange Liquid has announced plans to begin the process of returning customer assets in 2023. According to the Dec. 29 statement issued on its blog, the exchange is preparing to return assets entrusted by both customers from FTX Japan and Liquid Japan, and is working on a report for January 2023 …
Continue reading “FTX’s Liquid exchange hopes to return customer assets next year”
Celo Price Prediction for Today, December 29: CELO/USD Hits $0.48 Resistance Level
The Celo price prediction may continue to show a bullish movement if the coin could rise above the $0.50 resistance level. Celo Price Statistics Data: […] Go to Source
Crypto Trader Involved in $110,000,000 Exploit Arrested for Alleged Commodities Fraud and Manipulation
The crypto trader behind the $110 million exploit of the Solana (SOL)-based decentralized finance (DeFi) trading platform Mango Markets is now under the custody of US authorities. A court document submitted by U.S. Attorney Damian Williams to Magistrate Judge Katharine Parker of the Southern District of New York says that Avraham Eisenberg was arrested in …
Alameda’s Crypto Wallets Are Quietly Swapping Funds for Bitcoin (BTC): On-Chain Data
Alameda Research’s Ethereum (ETH) addresses are quietly swapping altcoins for Bitcoin (BTC), according to on-chain sleuths. The pseudonymous on-chain researcher known as Ergo says on Twitter that Alameda addresses are “digging around in the sofa for spare change” and swapping ERC-20 tokens for ETH and the top stablecoin Tether (USDT). The ETH and USDT are …
Pro-XRP Lawyer Says SEC Chair Gary Gensler Will Drive Crypto Prices Lower With Future Lawsuit Against an Exchange
Attorney and XRP supporter John Deaton thinks Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), will pursue more regulatory action that will drive crypto prices lower. Deaton says he expects Gensler to sue a crypto exchange and argues that most of the exchange’s tokens are unregistered securities. Consequently, he believes crypto prices …