It’s no secret that the crypto industry is growing remarkably. In the past year alone, we’ve seen a surge in people interested in investing in […] Go to Source
Yearly archives: 2022
Crypto Analyst Who Nailed 2018 Bitcoin Bottom Predicts End of BTC Bear Market – Here’s His Target
The crypto strategist who accurately called Bitcoin’s (BTC) bottom in 2018 is unveiling the price level that he thinks would mark the end of the bear market. Pseudonymous analyst Smart Contracter tells his 214,300 Twitter followers that Bitcoin is “pretty bloody close to a bottom.” “I still think there might be another month or so …
Cathie Wood’s ARK Invest adds more Bitcoin exposure as GBTC, Coinbase stock hit new lows
Bitcoin (BTC) firms’ shares are a major “buy” for asset manager ARK Invest in the midst of the FTX meltdown. The latest data confirms that ARK continues to up its holdings of both exchange Coinbase (COIN) and the Grayscale Bitcoin Trust (GBTC). Cathie Wood buys the dip With FTX contagion still rippling through the crypto …
Hong Kong believes stablecoin volatility can spillover to traditional finance
The fall of crypto giants this year reignited questions about the stability of cryptocurrencies and their impact on fiat ecosystems. Hong Kong Monetary Authority (HKMA) assessed the situation and found that the instabilities of crypto assets, including asset-backed stablecoins, can potentially spill over to the traditional financial system. The HKMA assessment on asset-backed stablecoins pointed …
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SBF, FTX execs reportedly spend millions on properties in the Bahamas
The latest revelation from the FTX case reveals that Bahamian properties worth millions were bought in the company name. FTX, at the time operated by Sam Bankman-Fried (SBF), his parents and other high-level executives of the company, reportedly purchased at least 19 properties in the Bahamas over the last two years. Collectively, these purchases have …
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Defi Coin Price Prediction for Today, November 22: Price Reversal at the $0.05572 Support Value is Imminent
Defi Coin Price Forecast: DEFCUSD Price Reversal at the $0.05572 Support Value is Imminent (November 22)DEFCUSD pair is likely to face the positive side soon. […] Go to Source
Bank of America Quick to Defend Blockchain Technology after FTX Collapse
The collapse of FTX has reduced the confidence of investors in cryptocurrencies. However, the Bank of America (BofA) believes that while trust in cryptocurrencies has […] Go to Source
Vitalik Buterin – Centralized Exchanges Could Use Cryptographic Proofs, ZK-Snark To Build Trust
HodlX Guest Post Submit Your Post The renowned blockchain programmer wrote a blog on how centralized exchanges can move toward trustlessness. Buterin opines zero-knowledge succinct non-interactive argument or knowledge (ZK-SNARK) is the best proof of the reserves. Ethereum’s co-founder Vitalik Buterin published a blog on November 19, 2022, on how CEXs (centralized exchanges) can use cryptographic proofs …
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their promotion of the now-bankrupt crypto exchange, FTX. Joe Rotunda, director of enforcement at the Texas State Securities Board reportedly told Bloomberg in a Nov. 22 report that the Texas State …
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Sam Bankman-Fried deepfake attempts to scam investors impacted by FTX
A faked video of Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has circulated on Twitter attempting to scam investors affected by the exchange’s bankruptcy. Created using programs to emulate Bankman-Fried’s likeness and voice, the poorly made “deepfake” video attempts to direct users to a malicious site under the promise of a “giveaway” that …
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US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product. In a letter addressed to Fidelity Investments CEO Abigail Johnson on Nov. 21, the three senators said the recent fall of FTX is more reason than any for the …
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Uniswap’s new privacy policy sees backlash from decentralization buffs
Decentralized exchange (DEX) Uniswap’s recently updated privacy policy appears to have attracted the ire of some members of the community, with concerns that collecting and storing user data works against crypto’s core values. In recent responses to a November blog post regarding its updated privacy policy, some vocal members of the community suggested it i uncharacteristic …
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ETH Price Prediction – Is A Post-Weekend Rally to $1200 Likely?
Ethereum price preidction remains bearish as ETH, the second largest cryptocurrency, has managed to gain support near the $1,080 level. However, the most recent G20 […] Go to Source
Ethereum Price Prediction Today, November 22, 2022: ETH/USD Appears Trapped Under 78.6 Fib Level
Not long after price action surpassed the $1,600 price mark, the ETH/USD market attracted massive selling. Subsequently, this rapidly sank price action below the 78.60 […] Go to Source
Holo Price Prediction Today, November 22, 2022: HOT/USD Not Showing Much Optimism
HOT/USD Seems to have resumed its downward path. However technical indicators appear to be portraying that minimal profits are being picked up. If this proves […] Go to Source