The trading price of the altcoin SNM suddenly rose by over 4,000% to $10.91 on Nov. 20, 5:30 a.m. (ET), while the coin’s 24-hour trade volume stood at just over $720 million. The altcoin’s abrupt price surge has fueled speculation that the altcoin is being targeted by a pump-and-dump group. Binance Dominates the Altcoin’s Trade …
Continue reading “Altcoin SNM’s 4,000% Price Surge in 24 Hours Fuels Pump and Dump Claims”
While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from cryptoquant.com indicate that Binance’s bitcoin reserves reached an all-time high on Nov. …
SHIB is under bears’ pressure SHIBUSD Price Analysis – 20 November Should the sellers’ momentum increase further and break down the $0.0000073 level, SHIB may […] Go to Source
The tamadoge market is now in an uptrend. In its bullish move, it has successfully broken the $0.023 and $0.024 resistance levels. Buying pressure continues […] Go to Source
The Aave market takes the $96.8 level as the basis for the bearish trend that hits a brick wall at the $60 price level. The […] Go to Source
On November 3, Storj bulls attempt breaking the resistance level which is at $0.5. But the $0.5 price level, which was once the support level […] Go to Source
South Korean authorities have reportedly seized over $100 million from Shin Hyun-seong, the co-founder of collapsed stablecoin issuer Terra (LUNA). According to a new report by YTN Korea, a court has frozen the funds of Hyun-seong at the request of prosecutors. Hyung-seong is accused of selling pre-issued LUNA tokens to unaware customers before the firm’s …
The President of the Federal Reserve Bank of Minneapolis says that the whole notion of digital assets can be discarded following the collapse of prominent crypto exchange platform FTX. Fed President Neel Kashkari says there is corruption in crypto that won’t end with the downfall of FTX as the entire industry is “nonsense” and has …
The FTX collapse continues to stoke fears of a contagion in the cryptocurrency space as investors wait to hear about businesses that may face the heat. One of the marquee names to come under the circle of suspicion is the Grayscale Bitcoin Trust (GBTC), which has seen its discount to Bitcoin’s (BTC) price reach record …
Continue reading “TON, TWT, CHZ and QNT breakout amid traders’ crypto contagion fears”
At the time of writing, the Bitcoin price prediction is dropping over 0.87% within 24 hours as it trades around the $16,537 level. Bitcoin Prediction […] Go to Source
The bankruptcy of FTX has rocked the cryptocurrency market to its very core, yet traditional financial institutions are stepping into the world of digital currency. […] Go to Source
Following the collapse of FTX due to the lack of an effective and advanced trading intelligence platform, the global crypto market has been in turmoil […] Go to Source
The disgraced founder of FTX reportedly personally took in hundreds of millions of dollars last year after a funding round for the embattled crypto exchange. According to a new Wall Street Journal report, FTX launched a $420 million funding spree in October 2021, telling high-profile investors that the money would be used to grow the …
According to blockchain analysis company Chainalysis, funds stolen from the FTX crypto exchange are now being converted from ETH into Bitcoin. On Nov. 20, Chainalysis took to Twitter to encourage exchanges to freeze these coins, should the thief attempt to convert them into fiat or further obfuscate the assets through other means. 1/ Funds stolen …
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Following the recent collapse of FTX, the fallout spread to Genesis, which had already been bailed out by parent company Digital Currency Group (DCG) earlier this year following the failure of Three Arrows Capital. There are growing concerns over the possibility of the contagion spreading to Greyscale Bitcoin Trust and Digital Currency Group but are …
Continue reading “Op-Ed: Could DCG be the catalyst for max pain in the crypto markets?”
