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Yearly archives: 2022
FTX Price Prediction Today, November 18, 2022: FTT/USD Stays Depressed
FTX token has stayed under the resistance of $2.00 for about three consecutive days. This has been the norm even when it looks like a […] Go to Source
Polkadot Price Prediction Today, November 18, 2022: DOT/USD Slides Towards $5.36
Ever since late August this year, after price action in the DOT/USD market broke down the support of $7.00, this crypto has since traded under […] Go to Source
‘Secret’ Altcoin Goes Parabolic After Rumors of European Ban on Privacy Coins Swirl
An anonymity-focused altcoin is outperforming the rest of the crypto markets as rumors of a European ban on privacy coins circulate. Secret (SCRT) is a privacy-centric chain built on the Cosmos (ATOM) network with end-to-end encryption and smart contracts called “Secret Contracts.” Its network aims to allow users to make any coin or blockchain private …
Bahamian securities regulator ordered the transfer of FTX’s digital assets
The Securities Commission of The Bahamas (SCB) said it had ordered the transfer of all digital assets of FTX Digital Markets (FDM) to a digital wallet owned by the commission on Nov. 12. In a Nov. 17 statement, the SCB said it exercised its power as a regulator acting under the authority of a Supreme …
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FTX names Kroll as claims agent, to update users on bankruptcy developments
Bankrupt crypto exchange FTX has appointed restructuring administration firm Kroll as its agent to track all claims against FTX and ensure interested parties are notified of developments throughout its Chapter 11 bankruptcy case. Known as the “claims and noticing agent,” Kroll was appointed to the role on Nov. 12 with the news made public on …
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The huge impact 3D Generative AI will have on the Game Industry; RobotEra Presale
According to James Gwertzman, an interactie light artist and co-founder of PlayFab, the largest development in the video game business since 3D is generative AI. […] Go to Source
El Salvador President Says Country Will Buy 1 Bitcoin A Day
Since the bitcoin price decline began, El Salvador and its president Nayib Bukele have basically been put under a microscope. The country’s bitcoin plan had seen it buy more than 2,300 BTC but the bear market had wiped a significant portion of the value from their holdings. Nevertheless, Bukele has not backed down on his …
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Top 4 Altcoins That Defy The FTX Fiasco – TWT, LTC, GMX, CHZ
The price action displayed by top altcoins in recent times has yet to be encouraging with the market’s erratic price movement after a cascading effect suffered by FTX led to many altcoins, including the price of Ethereum (ETH), battling for survival. The Domino effect of the FTX saga and other huge investors has left the …
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Why Binance And Top Crypto Exchanges Halt Transactions With Solana Stablecoins
Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem. Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss …
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Bitcoin Long-Term Holders Face Major Financial Stress
The Bitcoin and crypto market is still wallowing in turmoil from the collapse of the FTX exchange. Many crypto assets have followed a correlation with the decline of FTX Token, FTT. As a result, the past few days brought an intense bearish pull on the prices of virtual assets. With the recent events’ outplay, the …
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Bitcoin Reserve On Binance Sharply Rises, Whales Preparing For More Dumping?
On-chain data shows the Bitcoin reserve on Binance has been sharply going up in the last couple of days, something that could be a sign of dumping. Bitcoin Reserve On The Crypto Exchange Binance Has Observed Sharp Growth In Recent Days As pointed out by an analyst in a CryptoQuant post, the funding rates have …
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FTX’s downfall resulted from the market acting as ‘judge, jury and executioner’ — Pompliano
Prolific podcaster and cryptocurrency investor Anthony Pompliano has not lost faith in people or the crypto industry despite the disappointing conduct of former FTX CEO Sam Bankman-Fried. Bankman-Fried, once widely regarded as crypto’s “white knight” is now a pariah in the crypto industry due to — by his own admission — the “careless” mishandling of …
Circle CEO Jeremy Allaire Says Crypto Use Cases Still Remain Strong Following FTX Debacle
The CEO of USD Coin (USDC) issuer Circle says that the concept of crypto offering more transparency than traditional finance still holds amid the current fiasco in the industry. In a new interview on Yahoo Finance Live, Jeremy Allaire says that the blockchain-based decentralized system that came out of the 2008 financial crisis continues to …
U.S. House Financial Services Committee Plans Official Hearing on FTX Collapse: Report
The U.S. House Financial Services Committee is reportedly planning on holding an official hearing regarding the recent collapse of the crypto exchange platform FTX. According to a new report by The Wall Street Journal, the leaders of the committee, Democratic Representative Maxine Waters of California and Republican Representative Patrick McHenry of North Carolina, said they are …
