The one-day moving average of Ethereum’s amount of supply last active three to five years ago reached an 11-month low of 13,950,244.967 ETH, according to Glassnode data. Furthermore, the seven-day ave...
Tag: crypto news
Shiba Inu invited to work with the World Economic Forum – crypto.news
Shiba Inu (SHIB)’s main developer has been invited to work with the World Economic Forum on MV global policy. Shytoshi Kusama, Shiba Inu’s lead exec, asks the community to decide whether the Shiba Inu...
Bank of Japan set to test virtual Yen, plans to utilize three giant banks – crypto.news
In 2026, the Bank of Japan (BOJ) intends to decide if it should launch virtual money. The apex bank is still testing a prospective virtual Yen amidst Japan’s uncertainties as to when to adopt a blockc...
fundamentals are greenlit – crypto.news
Litecoin — one of the world’s oldest cryptocurrencies — has seen over $1 billion worth of inflows while most of the crypto market was bleeding. Fundamentals help explain this discrepancy. As of press ...
Bitcoin mining company Core Scientific reports a $400 million quarterly loss – crypto.news
Core Scientific, a Bitcoin (BTC) mining company, may be the next to file for bankruptcy after reporting a third-quarter loss of more than $400 million. The business, regarded as the biggest publicly t...
FTX gets court first day motion – crypto.news
Close to two weeks after the FTX crypto exchange collapsed and filed for chapter 11 bankruptcy, the exchange finally got its first-day court motion on Tuesday the 22nd of November. The hearing was hel...
El Salvador inches closer towards controversial Bitcoin bonds – crypto.news
El Salvador is moving forward with plans to sell bitcoin-backed bonds, as evidenced by the national assembly’s consideration of a draft law to govern digital assets. Bitcoin bonds plan still in play M...
New York Governor bans proof-of-work mining – crypto.news
New York Governor Kathy Hochul on Tuesday signed a bill prohibiting certain Bitcoin Mining operations powered by carbon-based energy. Proof-of-work mining companies will only be permitted to expand, r...
Ripple CTO accuses investor groups of fanning FTX scam – crypto.news
Ripple CTO David Schwartz has taken to Twitter to share some vital lessons he drew from the FTX crisis. According to Schwartz, the collapse of the exchange still has a crucial lesson: temptation is al...
Kroll compiles docket filed in FTX Bankruptcy proceedings – crypto.news
FTX have shared the dockets presented on their bankruptcy proceedings earlier today on the Kroll webpage. Additionally, the fallen crypto exchange plans to crowdsource all of the due diligence and rel...
Celebrity-owned blue chip NFTs lose significant value – crypto.news
Celebrities holding blue chip NFTs like Bored Apes Clubs (BAYCs), Azuki, and Cryptopunks have seen their NFTs lose a great deal of value over the last nine months. NFT value drastic nosedive, unlike o...
CFTC reportedly blew off legal requirement when serving Ooki DAO – crypto.news
The CFTC’s race to serve a lawsuit against Ooki DAO has sparked a backlash from crypto supporters. In their assessment, they claim the CFTC’s method of serving notice was illegal, claiming that member...
Argentina football fan token falls after shocking World Cup defeat – crypto.news
Affected by Argentina’s 1:2 upset loss to Saudi Arabia in the World Cup, fans sold off their ARG tokens during Argentina’s upset loss against Saudi Arabia. Crypto partying hard at FIFA world cup 2022 ...
Cathy Wood’s ARK Invest trusts Grayscale despite lack of transparency: $1.7M invested – crypto.news
Ark Investment Management — the investment firm headed by Cathie Wood — bought 189,000 shares in Grayscale’s Bitcoin Trust (GBTC) on Monday. Ark’s GBTC holdings data shows that its number of shares in...
Ripple’s General Counsel responds to SEC reports – crypto.news
Stuart Alderoty, general counsel at Ripple, recently responded to a New York Times piece that misunderstood the authority of the US Securities and Exchange Commission (SEC) in establishing the securit...
FTX account drainer might have an insider – crypto.news
The FTX account drainer has kept at his prowling since the leading crypto exchange collapsed three weeks ago. Users’ accounts have been steadily drained through a backdoor allegedly built into the FTX...
China’s foreign exchange bureau calls for stronger crypto regulations – crypto.news
An exec at China’s Foreign Exchange Bureau urges stronger legislation to regulate crypto trade in China. Fresh agitations for crypto regulations in China China’s Foreign Exchange Bureau has called for...
Australian Bitcoin miner under pressure to repay $107.8 million debt – crypto.news
The ongoing crypto winter seems to have snared its latest victim after Australian Bitcoin mining company Iris Energy received a notice of demand from its lender and Bitcoin rig maker Bitmain Technolog...
MAS dispels Binance and FTX treatment misconceptions following the latter’s collapse – crypto.news
On November 21st, the Monetary Authority of Singapore (MAS) released a statement addressing a few misconceptions surrounding crypto exchange FTX and Binance. In the statement, MAS stated that they lis...
diversify your investment portfolio with Polygon, Algorand, and BudBlockz – crypto.news
As a savvy trader or investor, you need to keep your eyes fixed on the market to be ahead of the curve to ensure that you gain maximum returns. It is also best to do detailed and adequate research and...
Elon Musk to reinstate Trump on Twitter after 22 months – crypto.news
Elon Musk reinstates Trump’s Twitter account after 22 months. Crypto users are curious about the likely impact on crypto markets. Donald Trump unbanned on Twitter After a Twitter poll in which nearly ...
Liquid Global halts crypto trading after FTX’s bankruptcy filing – crypto.news
The fall of Sam Bankman-Field’s crypto firm (FTX) has affected several other companies globally, and more are following the trend. FTX’s Chapter 11 filing in a U.S. court has also caused some crypto c...
Bitcoin dips below $16,000, first time in two years – crypto.news
Bitcoin has plunged sharply in the last 24 hours to the shock of some of its proponents. The market was taken by surprise at the development especially because it was thought that most of the dust aro...
Cardano developer unveils privacy blockchain and token – crypto.news
Input Output Global, the firm behind the Cardano blockchain, will release a new data-protection and privacy-focused blockchain along with an accompanying token, company CEO Charles Hoskinson announced...
Ukraine regulator drafting crypto tax rules – crypto.news
The resounding calls for crypto regulations have led to creating a special council under Ukraine’s securities (NSSMC). The new council is set to coordinate and draft crypto taxation regulations accord...
Court filing shows that FTX owes top 50 creditors $3.1 billion – crypto.news
According to circulating reports, FTX owes close to $3.1 billion to only its top 50 creditors. This information is courtesy of FTX’s recent bankruptcy court filings. While the bankruptcy proceedings a...
Disney reappoints Genesis adviser Robert Iger as CEO – crypto.news
Bob Iger, a supporter of the Metaverse, has announced a sudden return to his previous position as Disney’s CEO, succeeding the company’s former CEO, Bob Chapek. Since he left The Walt Disney Company, ...
South Korea probing native tokens of crypto exchanges – crypto.news
Reports emerging from South Korea indicate that the country’s financial authorities have launched an extensive investigation to determine whether domestic cryptocurrency exchanges issued and traded th...
FTX calls for help from exchanges to recover lost funds – crypto.news
On Sunday, FTX requested assistance from its fellow cryptocurrency exchanges, pointing out that money stolen from the beleaguered exchange is being transferred to other entities through intermediary w...
Billionaire hedge fund manager still bullish on crypto – crypto.news
Despite the recent collapse of the FTX cryptocurrency exchange and the market upheaval that followed it, billionaire investor and hedge fund manager Bill Ackman claims he is still optimistic about cry...