Cryptocurrencies like Bitcoin (BTC) are created using the fundamental technology known as the blockchain. Since the invention of the steam engine, electricity, and computer technology, the fourth indu...
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$200B Gone From Crypto Markets in 2 Days as Bitcoin Slumped to $15.5K
Bitcoin, and the entire market for that matter, has seen better days as the asset plummeted to multi-year lows of $15,500. The alternative coins suffered just as badly, but some, such as SOL and FTT, ...
Hurricane Nicole Makes Landfall In Florida—Here’s Where It’s Headed
Topline Hurricane Nicole made landfall on Florida’s east coast early Thursday morning as a Category 1 storm, according to the National Hurricane Center—though it was quickly downgraded back to a tropi...
Bitcoin: A-Z of how the king coin fared following FTX’s proposed acquisition
Bitcoin’s price fell below the $17,500 mark for the first time in two years Short traders who had hoped for a further decline in price got liquidated Binance CEO Changpeng Zhao’s confirmation of the i...
FTX used $4 billion including customer funds to keep Alameda afloat: Reuters
FTX chief Sam Bankman-Fried transferred at least $4 billion in FTX funds to Alameda Research, including native toke FTT and shares in Robinhood, according to Reuters. The transfers were made aft...
E. Warren Calls For SEC, Despite Financial Ties
Predictably, the collapse of FTX has put U.S. regulators on notice. Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have launched investigati...
Amazon Has Lost $1 Trillion in Market Cap. Ouch.
Amazon.com has now lost more than $1 trillion in market capitalization, the most ever by a U.S. company and the first time one company has shed that much market value. It’s a painful reminder to inves...
FTX Legal Staff Quit En Masse Amid Binance Assessment
FTX Staff Quit News Updates: Amid a difficult scenario at FTX with the liquidity crisis, the company has news issues to deal with. According to latest reports, a majority of FTX’s employees in some im...
Top Crypto Analyst Updates Outlook on Bitcoin and Solana, Says One Ethereum Rival Still Looking Strong
A widely followed analyst is laying out his forecast for Bitcoin (BTC) and two Ethereum (ETH)-rivals as the crypto market goes deeper into the red territory. In a new video, Jason Pizzino tells his 27...
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro – Regulation Bitcoin News
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital eu...
7 Useful Tips to Keep Your Crypto Wallet Safe
The growing crypto market is enjoying constant waves of popularity. And anyone would agree when they find out that the global crypto market was valued at $1.69 billion in 2021. It is crystal clear: de...
A Chance for 3D Creators to Be Part of the Web 3.0 Revolution
If there has ever been a perfect time to become a metaverse fashion designer, it’s now. The design world is undergoing a total revolution, making it more real than ever. The availability of improved t...
Bankrupt lender Celsius files motion to extend time for ‘reorganization’
Troubled crypto lender Celsius said it filed a motion with a U.S. court asking to extend the time it needs to come up with a reorganization plan. The firm is now going through bankruptcy proceedings, ...
How Much Longer Till The Bottom
In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past Bitcoin bear markets to see how much further we could have before a bottom is in. Take a look at the video be...
FTX’s demise part 2 with Wintermute’s Evgeny Gaevoy and CryptoQuant’s Ki Young Ju
Episode 110 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro, Wintermute Founder and CEO Evgeny Gaevoy, and CryptoQuant Co-founder and CEO Ki Jung Ju. Listen belo...
Some central banks have dropped out of the digital currency race
As countries around the world race to launch a central bank digital currency (CBDC), some jurisdictions have slowed down or dropped out of the race altogether. While many observers were pushing a narr...
A Failed FTX-Binance Deal Is ‘Catastrophic’ for Crypto Sector
However, it may not be a total exodus for institutional investors as they already have a large presence into the sector. “Whatever the outcome is, I don’t think it will lead to institutional investors...
$320 Million in Solana Will Hit Market in 24 Hours, Get Ready
Arman Shirinyan Situation on market might be aggravated as Alameda and FTX continue funds distribution Contents 18 million unlocked 1.7 million SOL to get liquidated The situation around the FTX excha...
Vitalik Urges Meme Coins To Give Directly To Charities Instead To Him
Buterin says projects trying to leverage his name for promotion should give directly to charities instead of giving him an allocation of the supply. Ethereum co-founder Vitalik Buterin in a tweet yest...
Chia Network Establishes Official Singapore Entity and Begins Operations
SINGAPORE & SOUTH SAN FRANCISCO–(BUSINESS WIRE)–Chia Network, Inc. (“Chia”) founded by Bram Cohen to provide an open-source, public blockchain optimized for real-world adoption, today announced th...
We need ‘greater regulatory visibility’ in crypto
The recent events surrounding the two of the greatest cryptocurrency exchanges have re-opened some of the long-standing questions about the prevention of such occurrences and mitigating their effect o...
Binance walks away from FTX deal, citing ‘mishandled customer funds,’ regulatory scrutiny
Binance has announced that it will not pursue its option to purchase FTX because of its due diligence and reports that a US agency was investigating the exchange over its handling of customers’ funds....
Solana Spells Trouble as Over 54 Million SOL Get Unlocked
Update Nov 10, 8:50 UTC: The Solana Foundation recently issued a statement affirming that the plan to unstake was postponed and around 28.5 million SOL tokens were been re-staked. Solana’s price could...
Crypto.com disables transfers to Solana
Crypto.com has informed its users that it has currently disabled Tether (USDT) and USD Coin (USDC) deposits and withdrawals on the Solana Blockchain. Is the exchange running for cover after the price ...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140% – Coinotizia
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The c...
Fashion’s Leather Misinformation Problem And Why ‘Vegan’ Doesn’t Mean ‘Sustainable’
Bella Hadid, wearing black vegan leather jacket and pants, Paris Fashion Week. GC Images While ‘alternative leathers’ continue to attract huge investments, some designers are speaking out ...
Binance will no longer buy FTX
Join Our Telegram channel to stay up to date on breaking news coverage A well-known CEO who was driving the crypto industry’s push into mainstream finance saw a spectacular tumble. A 30-year-old entre...
Which crypto companies have exposure to FTX?
With the fate of crypto exchange FTX hanging in the balance, many of crypto’s most notable companies have taken to social media to clarify whether they have exposure to the exchange, its native token ...
Users Can Get Sandwich on Lightning Network as Subway Accepts Bitcoin
To encourage this initiative, users who make payments in BTC on all footlongs, and meatball marinaras would have a 10% discount. Subway, the largest franchise in the world, is reportedly tapping into ...
Bitcoin Free Fall Continue, Will BTC Price drop Below $10K ?
The collapse in the price of bitcoin has destroyed liquidity levels going all the way back to 2020. After the crypto industry had a high-profile liquidity issue hitting the FTX exchange, the market to...
JPMorgan Team Says Crypto Markets Face ‘Cascade’ of Margin Calls
(Bloomberg) — Crypto markets face weeks of deleveraging in the fallout from the crisis at digital-asset exchange FTX.com, a period of upheaval that could push Bitcoin down to $13,000, according ...
CFTC Commissioner Kristin Johnson comments on FTX saga
The recent events surrounding the two of the greatest cryptocurrency exchanges have re-opened some of the long-standing questions about the prevention of such occurrences and mitigating their effect o...