After the publicly-listed bitcoin mining firm Argo Blockchain suspended trading on Nasdaq and the London Stock Exchange, the company said it would follow up the next day with an announcement. The following day, on Dec. 28, 2022, Argo detailed it is selling its Helios facility to Galaxy Digital for $65 million, and the financially troubled …
Yearly archives: 2022
Sam Bankman-Fried’s life on bail: Armed guards, daily jogs and gawkers
Sam Bankman-Fried has reportedly been leading a decent lifestyle while under house arrest in his parent’s home in Palo Alto — with daily jogs, a security detail, and a couple of in-home visits. However, it’s not exactly a life of endless luxury either. The former FTX CEO is reportedly required to wear an ankle monitor …
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Why The Bitcoin Price Could Kick Off 2023 On The Wrong Foot
The Bitcoin price has finally shown signs of life, albeit to the downside, a direction that might dominate the charts in 2023. During the holidays, the cryptocurrency was stuck on a single level, but the end of 2022 might see As of this writing, Bitcoin trades at $16,600 with a 1% loss in the last …
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Bitcoin Could See Another Bull Rally If This Happens
Bitcoin is still strangling at the $16,000 price level with no significant movement up or down. This is normal given the historically low rates of volatility that are being recorded in the market. However, there may be some good rallies in the near future for the digital asset, but it depends on what BTC whales …
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Shiba Inu Formed This Pattern, Breakout Incoming?
The Shiba Inu price has moved south on its chart over the last 24 hours. In the same time frame, SHIB depreciated by 3%. In the past week, the meme coin also did not register gains, losing a few support lines after losing close to 6% of its market value. SHIB has now formed a …
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Bitcoin Might Be Going Through Its “Most Challenging” Cycle Based On This Metric
The current Bitcoin cycle might be its “most challenging” one yet if the drawdown in this on-chain metric is anything to go by. Total Amount Held By 1k-10k BTC Value Band Has Sharply Gone Down Recently As pointed out by an analyst in a CryptoQuant post, the latest drawdown in the holdings of the 1k-10k …
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Prolonged Crypto Winter Pushes Kraken Exchange Out Of Japan
The crypto winter is a drawn-out one exacerbated by the collapse of large players such as Terra and the FTX crypto exchange. As crypto businesses continue to feel the effects of the current bear market, another major player, Kraken, has been affected to the point that it has, once again, put a pause on operations …
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California regulator warns of 17 crypto websites suspected of fraud
The California Department of Financial Protection and Innovation (DFPI) has fired off 17 separate warnings over two days of crypto brokers and websites it suspects of being fraudulent. The list includes Tahoe Digital Exchange, TeleTrade Options, Tony Alin Trading Firm, Hekamenltd/Tosal Markets Limited, Trade 1960, Yong Ying Global Investment Company Limited, Unison FX, VoyanX.com, and …
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Head of Coin Bureau Says He’s Looking To Get Back Into Cardano (ADA), but Sees Problems With Ecosystem
A popular crypto analyst says his interest in Cardano (ADA) is returning, although he has one concern about the blockchain’s ecosystem. In a new interview with Altcoin Daily, the pseudonymous host of Coin Bureau known as Guy says that while he recently sold off his ADA holdings it is a promising project likely to survive …
XRP Rival Stellar (XLM) Reports 172% Increase in Payments, Other Positive Numbers in 2022 Report
XRP rival Stellar (XLM) is reporting a healthy 172% increase in payments in 2022 in addition to other positive numbers. According to a new blog post by Stellar founder and CEO Denelle Dixon, the global payments platform has been posting “astronomical” numbers in 2022 despite an ongoing crypto winter. Dixon highlights the fact that Stellar …
Solana’s Anatoly Yakovenko Shares Thoughts on Ecosystem’s Biggest NFT Projects Leaving for Ethereum and Polygon
Solana (SOL) co-creator Anatoly Yakovenko has chimed in on the expansion of some of the blockchain’s biggest projects to other chains. In November, Solana’s largest marketplace for non-fungible tokens (NFTs), Magic Eden, announced it was expanding to its third chain, Polygon (MATIC). Magic Eden also operates on Ethereum (ETH). Later that month, Solana crypto wallet …
Founder of ‘Solana Killer’ Aptos (APT) Reveals Plans for 2023, Says Leaps in Innovation Coming
The co-founder of Aptos (APT) says a lot of innovation is coming to the ‘Solana killer’ blockchain project in 2023. In a new interview with crypto influencer Scott Melker, Aptos CEO and cofounder Mo Shaikh says that the blockchain will see significant development next year, especially catering to decentralized finance (DeFi). “There’s some really cool …
What to expect from crypto the year after FTX
Cryptocurrency had its Lehman moment with FTX — or, perhaps, another Lehman moment. The macroeconomic downturn has not spared crypto, and as November rolled around, nobody knew that we were in for the collapse of an empire worth billions of dollars. As the rumors of bankruptcy began to take hold, a bank run was inevitable. …
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3Commas CEO confirms API key leak following warning from CZ
Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform. I am reasonably sure there are wide spread API key leaks from 3Commas. If you have ever put an API key in 3Commas …
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Which celebrities joined and left crypto in 2022?
The crypto world is still developing at lightning speed. The adoption of projects built on blockchain technology has increased tremendously in 2022, and this is partly due to the celebrities who have contributed to it. Thanks to these well-known people, crypto-related projects have reached a large audience, through their social media accounts and the many …
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