Amid the crypto winter and the Ripple lawsuit saga, XRP is breaking records with over a 4% price surge in 30 days. Unfortunately, the past 30 days have been terrible in the market after the FTX collapse, which broke down cryptocurrency values. However, the low price period proved very beneficial to some fat wallet holders …
Continue reading “Whales Move Over 275 Million XRP Amid Price Surge”
The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. In the short term, the altcoin might be registering gains, but as the technicals …
Continue reading “Ethereum Price To Remain Sluggish Before It Attempts A Rally”
The world’s biggest coffee chain has ventured into the Web3 domain, making it one of the biggest companies, if not the biggest, to do so. […] Go to Source
The chief executive of the world’s largest crypto exchange is sounding off against Sam Bankman-Fried, claiming that the disgraced FTX founder is a “fraudster.” In a lengthy thread, Changpeng Zhao says that Binance pulled out of its investments in FTX over a year and a half ago as something seemed off about the crypto exchange’s …
The internet — arguably the greatest invention in human history — has gone awry. We can all feel it. It is harder than ever to tell if we are engaging with friends or foes (or bots), we know we are being constantly surveilled in the name of better ad conversion, and we live in constant …
Top Stories This Week 7 class action lawsuits have been filed against SBF so far, records show Former FTX CEO Sam Bankman-Fried has been named in seven class action lawsuits filed since the fall of his crypto empire. These lawsuits, however, are separate from the numerous probes and investigations examining the crypto exchange and its …
A chorus of recession calls Fed officials have been prohibited from speaking ahead of next week’s fed funds announcement; investors have been left pondering on U.S. rate cuts priced in for 2023 and 2024. While December 2023 Fed Funds Rate Futures are priced at 4.5%, December 2024 is currently priced at 3.5%; an aggressive rate …
Continue reading “Bitcoin on-chain deep dive: BTC falls below the global electrical cost”
Trading volume on decentralized exchanges (DEXs) hit $32 billion within seven days in mid-November, recording another high since early June this year. This came after an explosive, tumultuous week in the crypto industry, which drove many investors — both seasoned and new alike — to take refuge in self-custodial, permissionless and decentralized trading platforms. A …
Continue reading “Selecting a derivatives DEX: An overview & comparison”
Wrapped Bitcoin is the leading form of Bitcoin “wrapped” in a smart contract on the Ethereum network. This allows it to be used in Ethereum-based decentralized finance (DeFi) applications. WBTC is backed 1:1 to the value of Bitcoin, so one WBTC is theoretically equivalent to one BTC. BitGo is the main WBTC issuer, meaning they …
Continue reading “Analyzing the WBTC FUD after the FTX collapse and its depeg”
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried to Testify Before Congress Former FTX CEO Sam Bankman-Fried (SBF) has …
Continue reading “FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress”
During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community has been noticing significant xrp whale movements during the past week as one whale moved 143,000,000 xrp worth more than $55 million on Dec. 9, and another whale moved 40,000,000 xrp …
Continue reading “This Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets”
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics …
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar …
The Axie Infinity price prediction shows that AXS is beginning to restart the uptrend after touching the daily low of $7.86. Axie Infinity Prediction Statistics […] Go to Source
The Graph price prediction shows that GRT is pushing higher with 11.12% gains as the coin spikes to the north. The Graph Price Statistics Data: […] Go to Source
