Bitcoin cash rose to a one-week high in today’s session, despite crypto markets mostly trading lower. The global cryptocurrency market cap is down by 2.45% as of writing, which comes as traders reacte...
Tag: news
Genesis Global Trading’s Lending Unit Suspends Withdrawals and New Loan Originations – Bitcoin News
Following Blockfi, Liquid Global, and Salt Lending halting withdrawals, reports indicate that Genesis Global Trading’s lending unit has halted customer withdrawals. Genesis’ interim chief executive of...
Dow Jones Futures Add 300 Points on News of Waning Inflation
Futures tied to the Dow Jones and other leading indexes climbed significantly after reports suggested that inflation may be slowing. On Tuesday, stock futures tied to the Dow Jones and other major ind...
Value Locked in Defi at Its Lowest Point Since March 2021, Smart Contract Tokens Shed $22 Billion in 36 Days – Bitcoin News
Smart contract platform tokens and decentralized finance (defi) protocols have taken a beating since the FTX collapse last week. The market capitalization of all the smart contract platform tokens in ...
Apple’s Plans To Source Chips From Arizona Is Big News
Taiwan Semiconductor Manufacturing Co. (TSMC) headquarters in Hsinchu, Taiwan. Photographer: Lam Yik … [+] Fei/Bloomberg © 2022 Bloomberg Finance LP Apple’s plans to source chips from Arizona is...
ETH Lower, as Markets React to Missile Exploding in Poland – Market Updates Bitcoin News
Ethereum moved into the red on Nov. 16, as markets became nervous, following a missile accidentally exploding in Poland. Fears grew of potential escalation in the war between Russia and Ukraine, as th...
Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse – Exchanges Bitcoin News
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United ...
Sage Group Rises 6% Following News Of Soaring Cloud Sales
Photo by Joseph Branston/Future via Getty Images Future via Getty Images Accounting software business Sage Group reported “significant strategic progress” on Wednesday as it released full-year financi...
Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration – Economics Bitcoin News
A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by seve...
African Crypto Industry Leaders’ Perspective and Advice to Regulators – Bitcoin News
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In Africa,...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage – Markets and Prices Bitcoin News
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten...
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’ – Exchanges Bitcoin News
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested...
Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure – Featured Bitcoin News
A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount...
Mark Cuban Says FTX Implosion Isn’t Crypto Blowup — Explains Why He Invests in Crypto – Featured Bitcoin News
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He al...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire...
Elliptic Analysis Says $477 Million Stolen From FTX, ‘Accounts Drainer’ Becomes 35th Largest ETH Holder – Bitcoin News
Three days ago, on Nov. 11, 2022, it was reported that FTX’s wallets saw unusual activities and FTX Telegram channel admins stressed that FTX was “hacked.” The same day, the new FTX CEO John Ray confi...
The Grand WAHED PitchFest – Pitch Your Idea and Win 25,000 USDT – Press release Bitcoin News
press release PRESS RELEASE. WAHED is delighted to announce the Grand WAHED Pitchfest, an opportunity for entrepreneurs and innovators to secure funding for their next world-changing idea. Founders ar...
2 More Crypto Platforms Pause Withdrawals as Liquid Global and Salt Lending Cite Exposure to FTX – Bitcoin News
On Nov. 15, 2022, the crypto exchange Liquid Global revealed that it has suspended fiat and crypto withdrawals “until further notice.” The same day, customers leveraging the crypto lending platform Sa...
Next Level Blockchain Ecosystem IllumiShare SRG Set to Launch Token Presale – Press release Bitcoin News
press release PRESS RELEASE. In a move that will excite crypto enthusiasts, IllumiShare SRG has announced its token presale launch, which will hold on the 23rd of November after an unveiling party in ...
Bahamas Regulator Appoints ‘Big Four’ Auditor PWC as Joint Provisional FTX Liquidator – Bitcoin News
On Nov. 14, 2022, the Securities Commission of the Bahamas (SCB) published a press release that explains the ‘Big Four’ accounting firm PWC (Pricewaterhousecoopers) has been designated as provisional ...
Hundreds of Billions of SHIB Transferred as News About Vital Milestones Gets Revealed
Yuri Molchan Nearly trillion Shiba Inu coins have been shifted as news about several new SHIB milestones got out to the public Contents Whales move 878 billion SHIB New important SHIB-related updates ...
UNI Hits 1-Week High, XRP 10% Higher – Market Updates Bitcoin News
Uniswap rose to a one-week high in today’s session, as crypto markets seemed to have settled following recent turbulence. The last seven days were filled with increased levels of fear, uncertainty, an...
Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’ – Bitcoin News
Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to...
Crypto.com’s Exposure to FTX Less Than $10 Million Says CEO — CRO Token Not Used as Collateral – Featured Bitcoin News
According to the CEO of Crypto.com, Kris Marszalek, his firm had recovered much of the $1 billion that had been sent to FTX when the crypto exchange collapsed. However, he acknowledged that at the tim...
BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets – Market Updates Bitcoin News
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from ...
Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse – Press release Bitcoin News
press release PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protecti...
Huobi Becomes Latest Crypto Exchange to Disclose Proof-of-Reserves – Exchanges Bitcoin News
Huobi, the Seychelles-based crypto exchange, recently became the latest digital asset exchange platform to reveal the number as well as the value of its digital assets held in reserves. Huobi has said...