Monthly archives: October 2023

Crypto analytics firm Glassnode says that liquidity is drying up in the altcoin market as an appetite for risk-on assets declines. In a new analysis, the firm says key altcoin metrics are at cycle lows indicating market weakness. Says Glassnode, “Liquidity continues to dry up across the digital assets as network settlement, exchange interaction and …

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A widely followed analyst is urging caution on a multi-billion dollar crypto asset as it hovers above a key support level. Pseudonymous trader Altcoin Sherpa tells his 196,700 Twitter followers that the utility token of the Binance crypto exchange and the native token of the Binance Smart Chain (BNB) is “not looking great, to be …

Continue reading “Crypto Trader Warns One Top-10 Blue-Chip Altcoin ‘Not Looking Great’, Updates Outlook on Bitcoin and Blur”

Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job. News Join us on social networks Anonymous hackers of the now-defunct exchange FTX have been moving large amounts of assets stolen from the platform, with new transactions occurring just as the ongoing trial of FTX founder …

Continue reading “FTX hacker moves $120M amid Sam Bankman-Fried trial: Report”

Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high. Vintage Finance Join us on social networks Stock markets in the Asia-Pacific region and Europe saw gains on Thursday. This uptick was attributed to the United Kingdom’s economic recovery, China’s recent stimulus …

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An internal document was revealed in court showing Sam Bankman-Fried believed Binance leaked Alameda’s balance sheet to the media in 2022. News Join us on social networks Evidence presented in court as a part of the ongoing criminal trial against Sam “SBF” Bankman-Fried, former CEO of crypto exchange FTX, reveals SBF believed Binance leaked an …

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On Oct. 8, the U.K. Financial Conduct Authority (FCA) enacted new regulations that affect how crypto companies can promote and advertise their services. Those rules, generally referred to as the crypto marketing regime or financial promotion regime, are detailed in an announcement. The FCA notes that crypto companies operating in the U.K. must be registered …

Continue reading “What the U.K.’s New Crypto Advertising Laws Mean for Investors”

Top stablecoin USDT is witnessing a surge in on-chain activity, according to the crypto analytics firm Santiment. Santiment notes that USDT, which is issued by Tether and aims to maintain to maintain a 1:1 peg with the US dollar, recently notched a three-month high in active addresses, in large part due to an increase in …

Continue reading “USDT Whale Activity Heating Up As Exchange Deposits Rapidly Accelerate, According to Analytics Firm Santiment”