Toncoin (TON) Continues To Mark Higher Gains, Big Move Coming?

Toncoin has defied the entire crypto market sentiment as its value continues to trend higher. As per CoinMarketCap data, the native token of the TON blockchain has kept over 20% gain in the last seven days. The token has experienced extreme volatility in the last 24 hours, though. And it’s not just on the last …

OKB Token Records Higher Gains Amidst Crypto Market Volatility

OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80. It also surged over 11% on its weekly chart, joining the likes of Toncoin and Trust Wallet Token to …

MATIC Backpedals Into Bearish Track Despite Its Social Dominance

The current state of MATIC and Polygon’s crypto ecosystem ranks among the worst. It took a toll on In the wake of FTX’s demise, the industry-wide contagion has impacted other projects, Polygon among them. Despite this, Polygon is in the top three DeFi companies in terms of revenue. However, Polygon and its native coin is …

Crypto Exchanges Record Massive Outflow Of Bitcoin, What Does This Indicate?

The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In addition, the exchanges, led by the top figures in the industry, house most of the iconic brands in the crypto ecosystem. Since the early days of Bitcoin …

This Crypto Venture Capital Loses Almost $1B On FTX, When Will This FTX Fiasco End?

The collapse of the FTX crypto exchange is one of the biggest shocks to hit the industry. The impact of the fall is spreading to different crypto assets and several investors on the exchange. The crypto market has been experiencing massive downward performance as prices of assets kept declining. Hence, the overall value is far …

Ripple to consider deals for FTX assets: Brad Garlinghouse

Ripple CEO Brad Garlinghouse is reportedly interested in buying certain parts of collapsed crypto exchange FTX. On the sidelines of Ripple’s Swell conference in London — was held on Nov. 16 and 17 — Garlinghouse told The Sunday Times that former FTX CEO Sam Bankman-Fried called him two days before the company filed for bankruptcy …

On-Chain Metrics Suggest Crypto Is Nearing the Bottom of the Bear Market Despite Recent Price Woes: IntoTheBlock

Certain on-chain metrics indicate crypto could be nearing the bottom of the bear market, according to the analytics firm IntoTheBlock. Lucas Outumuro, head of research at IntoTheBlock, notes in a new analysis that more than half of Bitcoin (BTC) holders are losing money on their positions, a level not seen since March 2020. In the …

BTC difficulty to adjust over weekend as miners capitulate

Difficulty is expected to adjust down as hashrate slows suggesting a possible top is in Cover art/illustration via CryptoSlate Bitcoin’s mining difficulty is expected to adjust Sunday night/Monday morning (Nov. 20/21.) Currently, over 100% of the mined Bitcoin supply is being spent at the fifth most significant rate ever. Following back-to-back difficulty negative or neutral …

‘FTX Accounts Drainer’ Now Holds Over 250,000 ETH, Address Is the 27th Largest Ethereum Wallet

The exploiter responsible for siphoning millions of dollars in ERC20 tokens and ethereum from FTX has added more ether to the entity’s holdings. The wallet is now situated in the top 30 largest wallet positions in terms of ethereum holdings. The address dubbed the “FTX Accounts Drainer” now holds 250,735 ethereum on Saturday, Nov. 19, …

New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’

Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that the proof of concept will be done in a …

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