XRP sheds almost $5 billion from its market cap in a month despite positive Ripple lawsuit news

XRP has recorded phases of high price volatility in recent weeks as the token’s community monitors the progress of the ongoing cases between the Securities Exchange Commission (SEC) and Ripple.  Indee...

Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months – Markets and Prices Bitcoin News

Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% sinc...

Bullish News For Polygon! zkEVM Mainnet Is Coming Soon

Polygon, an Ethereum layer-2 solution, has recently seen massive hype due to notable partnerships with major brands such as Starbucks, Mercedes, Meta, Reddit, eBay, Disney, and Adobe, among others. An...

BTC, ETH Continue to Consolidate as USD Strengthens – Market Updates Bitcoin News

Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global m...

Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report – Economics Bitcoin News

Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Af...

Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell – Wallets Bitcoin News

On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger say...

As Citigroup Weakens, Here’s What the Charts Say Is Next for the Stock

Shares of Citigroup (C) have weakened in the past year and the selloff does not look over yet. Let’s check out the charts and indicators on the banking giant.    In the daily bar chart of C, bel...

Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’ – Featured Bitcoin News

The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss c...

Knockoff Lotions, Weight Loss Drugs, Chinese News Sites: Inside Alameda’s Investment Portfolio

In the months preceding FTX’s spectacular demise, reports revealed that the crypto exchange secretly diverted some $4 billion in company funds to prop up its struggling sister trading firm, Alameda Re...

FTX Co-Founder SBF Retains White-Collar Lawyer Who Represented Ghislaine Maxwell – Bitcoin News

On Dec. 6, 2022, the former FTX CEO Sam Bankman-Fried (SBF) reportedly retained the attorney Mark Cohen, the lawyer that represented Ghislaine Maxwell during her recent sex trafficking case. SBF’s spo...

Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready – Regulation Bitcoin News

Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryp...

Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’ – Featured Bitcoin News

The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “ac...

XRP News: Ripple CTO Countered XRPL Control Claims of ChatGPT

Rumors and conspiracy theories are not meant to benefit any market, more specifically for crypto like burgeoning and sensitive markets. If not controlled in an early stage, the fake statements and ana...

GensoKishi Official Release | LAND Sales Coming in December – Press release Bitcoin News

press release PRESS RELEASE. On November 30th, the MMORPG game “GensoKishi Online-Meta World” was officially released. It is the web 3 version of the iconic Japanese 3DMMO “Elemental Knights Online,” ...

Court in China Recognizes NFTs as Virtual Property Protected by Law – Regulation Bitcoin News

A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a...

Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices – Bitcoin News

On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s qu...

Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time – Bitcoin News

Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trad...

The news of the day related to the collapse of FTX

The never-ending leak of news pertaining to the collapse of FTX continues since the exchange platform fell into disgrace, now close to bankruptcy. Every CEO, executive, and industry expert has his or ...

Barcelona and Argentina Legend Mascherano Joins Alchemy Pay as Brand Ambassador – Sponsored Bitcoin News

sponsored Barcelona and Argentina soccer legend, Javier Mascherano has signed for the leading fiat-crypto payment gateway Alchemy Pay. On December 1st, He announced on his social media platforms that ...

LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High – Market Updates Bitcoin News

Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77...

Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon – Blockchain Bitcoin News

Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were...

ETH Falls Below $1,300 Following Monday’s False Breakout – Market Updates Bitcoin News

Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping ...

South African Digital-Only Bank Launches Crypto Payments Gateway – Fintech Bitcoin News

A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat cu...

Argentina Signs Automatic Tax Data Sharing Agreement With the United States – Taxes Bitcoin News

The government of Argentina has signed a data sharing agreement with the U.S. to enhance the cooperation of the countries in the tax arena. The agreement, which was signed by Sergio Massa, minister of...

Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry – Regulation Bitcoin News

Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of inn...

Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022 – Mining Bitcoin News

On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 ...

India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims – Regulation Bitcoin News

An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the sam...

Winners, News And Notes On December 5, 2022

The Usos vs. Matt Riddle and Elias on WWE Raw. Credit: WWE.com WWE Raw advertised The Usos defending the WWE Tag Team Championships against Matt Riddle and Elias. Raw also advertised two women’s Tripl...

Bitcoin Could Fall to $5,000 Next Year – Markets and Prices Bitcoin News

Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidit...

Danai Gurira On ‘Wakanda Forever’s Box Office Power And Audiences Embracing The Sequel

Danai Gurira attends The 2022 Gotham Awards at Cipriani Wall Street in New York City. Getty Images for The Gotham Film & Media Institute Black Panther sequel Wakanda Forever continues to hold off ...

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume – Markets and Prices Bitcoin News

On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sal...

AMD, Nvidia, and 3 More Chip Stocks to Buy That Have ‘Priced In’ the Downturn

Five chip stocks are considered buying opportunities by KeyBanc Capital Markets after the semiconductor sector’s big drop in share prices this year. The iShares Semiconductor (SOXX) exchange-traded fu...