The world’s largest crypto exchange, Binance, has been dealing with a torrent of FUD (fear, uncertainty, and doubt) since the downfall of FTX. The firm is now fighting back with its latest blog post. On Dec. 22, Binance published a blog post in Chinese to address seven key issues the company wanted to clear up. At …
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If there is one significant aspect of the numerous crashes in the crypto sector over the past year that the mainstream media has overlooked, it […] Go to Source
FTX and Alameda want to freeze those shares as three others try to lay claim. 2 min read Updated: December 23, 2022 at 3:00 am Cover art/illustration via CryptoSlate FTX and Alameda Research are attempting to secure ownership of Robinhood stock worth over $440 million, based on a court filing dated Dec. 22. According to …
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The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic and financial stability. Indian Central Bank Warns About Crypto Causing the Next Financial Crisis …
A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position to stop this activity.” Stablecoin TRUST Act of 2022 U.S. Senator Pat Toomey (R-PA), ranking …
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Many cryptocurrencies saw mixed trading on December 22 as the market capitalization of the major cryptocurrencies fluctuated today after falling slightly the previous day by […] Go to Source
After crashing in November due to the collapse of FTX, formerly among the biggest and quickest crypto exchanges in the world, cryptocurrency markets are still […] Go to Source
Bitcoin price is attempting an upside break above $16,800. BTC could start a decent increase if it clears the $16,800 and $17,000 resistance levels. Bitcoin is still facing a strong resistance near $17,000 and $17,200. The price is trading above $16,700 and the 100 hourly simple moving average. There is a key bearish trend line …
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Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kicked out of the network and could no longer use their machines had switched to others such as Ethereum Classic and Ravencoin to put their very specific machines to use. At the time, ETC’s …
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Bitcoin is stuck at its current levels, but the market might begin moving again before 2023 makes its entry. The key factors shaping global markets are changing, and cryptocurrencies are bound to follow the general trend into the new year. As of this writing, Bitcoin trades at $16,800 with sideways movement in the last 24 …
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On-chain data shows a Bitcoin ratio has hit the lowest value since February 2019, something that may suggest the bottom could be near for the current cycle. Bitcoin SOPR Ratio Hits Lows Not Seen Since 4 Years Ago As pointed out by an analyst in a CryptoQuant post, the SOPR Ratio has a value of …
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With Christmas almost here, hopes for a Santa Claus rally in Bitcoin and the rest of crypto are fading fast. But what exactly is the phenomenon, and how often has the Christmas miracle occurred in the past? What’s A Santa Claus Rally? The Most-Wished For Gift By Bitcoin Bulls A Santa Claus rally is defined …
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A U.S. bankruptcy court has granted Bitcoin (BTC) miner Core Scientific interim approval to access a $37.5 million loan from existing creditors to fund the firm amid its liquidity issues. Core Scientific is one of the largest cryptocurrency mining companies in the United States, but filed for Chapter 11 bankruptcy on Dec. 21 as a …
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A New York federal judge decided on Thursday to release FTX founder Sam Bankman-Fried on a $250 million bond as he awaits trial on fraud […] Go to Source
A widely followed crypto strategist is predicting the upcoming Christmas holiday will bring a Bitcoin (BTC) rally. The pseudonymous analyst Kaleo tells his 552,400 Twitter followers that a festive rally is in store for the king crypto because no one is expecting it as the hash rate remains strong. “Santa rally [season] begins soon.” He …
