Billionaire Changpeng Zhao Predicts One Catalyst Will Drive the Next Crypto Bull Market

The chief executive of the world’s largest crypto exchange platform by volume says that one specific catalyst will spark the next industry-wide bull market. In a new letter penned by Binance CEO Changpang Zhao, the billionaire says that he believes unique innovations within the Web3 sector of the market will bring about the next crypto …

Litecoin (LTC) and Binance Coin (BNB) Are Crypto Assets To Keep on the Radar As Whale Activity Spikes: Santiment

A prominent crypto analytics platform says that whale transactions centered around Litecoin (LTC) and the native tokens of Binance are drastically on the rise. According to the market intelligence firm Santiment, investors should keep an eye on Bitcoin (BTC) alternative LTC, Binance Coin (BNB) and BUSD, Binance’s proprietary stablecoin, as transactions valued over $1 million …

Investors seek to sell FTX, Celsius, BlockFi, Voyager claims

Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others.  Data from crypto claims trading startup Xclaim shows that there are at least hundreds of investors who have been affected by the recent collapses …

Ethereum needs to defend $1,180 to sustain this 50-day ascending pattern

Ether (ETH) has been ranging near $1,200 since Dec. 17, but an ascending trend has been quietly gaining strength after 50 consecutive days. The pattern points to $1,330 or higher by March 2023, making it essential for bulls to defend the current $1,180 support. Ether/USD 1-day candle chart. Source: TradingView The anxiously awaited migration to …

FTX founder reportedly cashes out $684K after being released on bail

FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests. SBF has cashed out $684,000 in crypto to an exchange in Seychelles while being under house arrest, according to the on-chain investigation by DeFi educator BowTiedIguana. Decentralized finance (DeFi) analyst BowTiedIguana took to Twitter …

Bahamas regulator is temporarily holding $3.5B FTX assets

The commission said it would only release the assets to creditors and customers that own them or the joint provisional liquidators as directed by The Bahamas Supreme Court. 1 min read Updated: December 30, 2022 at 11:04 am Cover art/illustration via CryptoSlate Bahamas Securities Commission said it is temporarily holding FTX assets worth $3.5 billion …

Turkey completes first digital lira transactions

The country’s central bank will continue its tests in early 2023. 1 min read Updated: December 30, 2022 at 12:20 am Cover art/illustration via CryptoSlate Turkey’s national bank announced in a Dec. 29 press release that it has successfully carried out the first transactions involving its digital lira. The Central Bank of the Republic of …

Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability

Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time to control the influence these have on the stability of the exchange market. Analysts have recently linked the situation in peer-to-peer (P2P) crypto markets to the recent drop in the value of the bolivar. Venezuelan Government to Monitor …

Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds for the world, a “humble contribution,” as he put it, to the …

Crypto Analyst Who Predicted May 2022 Bitcoin Collapse Issues Dire Altcoin Warning – Here’s His Outlook

The crypto analyst who correctly called the collapse of Bitcoin (BTC) this year is now issuing a warning to investors about an impending altcoin implosion. Pseudonymous trader Capo tells his 694,900 Twitter followers that while the financial markets may look bad, the conditions look even worse for altcoins. “The entire market looks bad… Thing is …

Nic Carter dives into proof-of-reserves, ranks exchange attestations

Bitcoin advocate Nic Carter has released an in-depth analysis of centralized exchange proof-of-reserves and ranked the attestations provided by some of the most prominent crypto trading platforms in the space.  Carter published a detailed examination of the quality of several exchanges’ proof-of-reserves (PoR). The crypto executive used parameters such as attestation to assets held and …

Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?

Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021. Solana price down 97% from November 2021 peak  On the daily chart, SOL’s price rebounded to around $10.25, up over 20% from its previous day’s low of approximately $8.  …

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