Here’s the Worst-Case Scenario for Bitcoin (BTC) and Ethereum (ETH), According to Analyst Benjamin Cowen

A widely followed crypto analyst is outlining what he believes could be the worst-case scenarios for the leading two digital assets. In a new interview on the Altcoin Daily YouTube channel, crypto strategist Benjamin Cowen says that macroeconomic headwinds could drive Bitcoin (BTC) and Ethereum (ETH) to fresh bear market lows. Looking at Ethereum first, …

Top Analyst Predicts Big Rally for One Ethereum-Based Altcoin, Says Crypto Catalyst Coming in Two Weeks

The crypto strategist who called the end of last year’s Bitcoin (BTC) bull market is predicting a surge for an Ethereum-based altcoin. The pseudonymous analyst known in the industry as Pentoshi tells his 657,500 Twitter followers that the technicals and fundamentals are aligning for decentralized oracle network Chainlink (LINK). According to Pentoshi, LINK is showing …

Line shuts down crypto exchange to focus on blockchain and LN token

The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023. According to the statement, the closure was driven by the continued cryptocurrency bear market and other …

How Web3 resolves fundamental problems in Web2

Web3 returns content rights to the author, enhances the security level, eliminates unfair censorship, ushers in transparency, automates the functioning of software and facilitates a creator economy. Thanks to the characteristics of Web3, businesses can take advantage of opportunities that are beyond imagination. Concepts like decentralization and permissionless cybersphere were just in sci-fi. Nonetheless, Web3 …

Oryen Network Ranked as Most Undervalued Cryptocurrency – Early Backers are already up 200%, while Solana and Polygon are declining

Not many cryptocurrencies get the recognition they deserve – some are undervalued, while others are overpriced. Still, the crypto market has proven it can self-correct […] Go to Source

LINE-founded cryptocurrency exchange BITFRONT announces closure

Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01 The current state of Bitcoin Miners is extremely stressful as coin prices declined, and credit has contracted, while mining input energy costs have also been on the rise. 🤝 Brought to you …

JP Morgan believes regulation will lead to convergence of crypto, TradFi

Wallstreet banking giant JP Morgan & Chase believes there are significant changes coming to the crypto industry in 2023 in the form of regulation, which will likely cause a convergence between crypto and the traditional financial industry, according to its latest Global Markets Strategy report. Major changes coming to the crypto industry in 2023 pic.twitter.com/qW6cHLyc6N …

Another $2B worth of Bitcoin withdrawn from Coinbase over weekend

Glassnode and CryptoSlate Deep Dive: How a cold winter is impacting Bitcoin miners and why the fear has just begun – Issue 01 The current state of Bitcoin Miners is extremely stressful as coin prices declined, and credit has contracted, while mining input energy costs have also been on the rise. 🤝 Brought to you …

Argentina to Revamp Anti Money Laundering Law, Proposes Creation of VASP Registry

Argentina is preparing to revamp its anti-money laundering and terrorism financing law. It has proposed to include the creation of a registry for virtual asset services providers (VASPs) in the country as part of the new modifications. The changes would prepare the country for the review that the Financial Action Task Force (FATF) is slated …

Report: Nigerian Crypto Exchange Quidax Cuts Its Workforce by 20%

As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told its customers it is ‘not going anywhere, anytime soon.” ‘No Relationship With FTX’ The Nigerian …

WEMIX Delisting: South Korean Crypto Exchange Upbit Accused of Instigating Token Removal

According to the CEO of Wemade, Henry Chang, the South Korean cryptocurrency exchange Upbit was the brains behind the Digital Asset Exchange Joint Consultative Body (DAXA)’s decision to delist WEMIX. The Wemade CEO accused Upbit of applying different standards and of failing to furnish his company with the token supply guidelines. Wemade Not Formally Notified …

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