Binance Announces Recovery Fund For Crypto Firms In Liquidity Crisis ⋆ ZyCrypto

Advertisement &nbsp &nbsp The giant crypto exchange aims to mitigate FTX-induced effects in the industry. Tron’s founder, Justin Sun, has pledged support for the new initiativ...

Even As Whales Offload ADA, Cardano Could See Huge Price Boost If This Happens ⋆ ZyCrypto

Advertisement &nbsp &nbsp Cardano (ADA), like the rest of the crypto market, has traded with massive volatility in 2022. However, a Santiment analyst has noted several indicat...

Peter Schiff On Why Bitcoin Will Never Hit $69,000 Again ⋆ ZyCrypto

Advertisement &nbsp &nbsp Peter Schiff, the chief market strategist of Euro Pacific Asset Management, has hit out at the benchmark cryptocurrency Bitcoin (BTC), stating that i...

Bitcoin Plunges Below $17,000 As Concerns Over FTX Spook Investors ⋆ ZyCrypto

Advertisement &nbsp &nbsp Crypto investors continued to take heat Saturday following a market plunge that has largely to do with concerns over FTX’s financial health. At the t...

Solana Validators Unstake Over 31 Million SOL Tokens Amid Price Rout ⋆ ZyCrypto

Advertisement &nbsp &nbsp According to Solana Compass data from the Solana blockchain explorer, the network has just seen over 31.2 million SOL tokens (worth around $438 milli...

SEC’s Win Against This Blockchain Firm in High-Profile Securities Case Unnerves XRP Army ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ripple adherents have continued to fret over a recent U.S. Securities and Exchange Commission(SEC) win in a securities lawsuit filed against blockcha...

Singapore And New York Regulators Explore Cross-border CBDC PaymentS ⋆ ZyCrypto

Advertisement &nbsp &nbsp In a media press release dated November 11, 2022, the Monetary Authority of Singapore (MAS) and the New York Fed announced a collaboration project (P...

Oryen ICO Sees remarkable progress and now considered one the best tokens of 2022 ⋆ ZyCrypto

Advertisement &nbsp &nbsp The Oryen Network’s Initial Coin Offering (ICO) gained the favour of its early holders as it amassed 110% profits in mere weeks after its first phase...

Polygon, Cardano, and Solana — Top 3 Altcoins On The Cusp Of Meteoric Boost In Q4 2022 ⋆ ZyCrypto

Advertisement &nbsp &nbsp The crypto market has a few crypto assets looking poised for a bullish breakout in adoption and price performance and are worth looking out for in No...

Uncertainty Looms Amid Binance’s Failed Acquisition Of The FTX Crypto Exchange ⋆ ZyCrypto

Advertisement &nbsp &nbsp On November 2, 2022, the Fed raised its key interest rates by 75 basis points for the fourth time this year, bringing the target range for the federa...

Bitcoin’s Energy Usage Spikes To 41% In 12 Months Amid Increasing Regulatory Interest In PoW Mining ⋆ ZyCrypto

Advertisement &nbsp &nbsp A new report shows a 41% spike in creating new blocks on the Bitcoin network.  Bitcoin consumes 0.16% of global energy usage and is responsible for 0...

Crypto Market Attempts Recovery; Ethereum Whales Lead In Accumulation ⋆ ZyCrypto

Advertisement &nbsp &nbsp The cryptocurrency market has been attempting a price recovery after crashing hard in the last few days. According to data from crypto market intelli...

Heavy Taxation Could Kill India’s Cryptocurrency Market, Binance CEO Warns ⋆ ZyCrypto

Advertisement &nbsp &nbsp Binance CEO Changpeng Zhao mentioned India’s high crypto taxes as something that can kill the Indian cryptocurrency sector. He said this while speaki...

Seasoned Price Action Trader Says This Has To Happen For The Crypto Relief Rally To Continue ⋆ ZyCrypto

Advertisement &nbsp &nbsp In a tweet on October 31, seasoned price action trader Justin Bennett asserted that Tether (USDT’s) dominance has to break its upward trend for the l...

Polygon, Cardano, and Solana — Top 3 Altcoins On The Cusp Of Stellar Boost In Q4 2022 ⋆ ZyCrypto

Advertisement &nbsp &nbsp The crypto market has a few crypto assets looking poised for a stellar breakout in adoption and price performance and are worth looking out for in No...

Ripple Top Exec Makes Surprising Offer To FTX Employees As Exchange Files For Bankruptcy ⋆ ZyCrypto

Advertisement &nbsp &nbsp Ripple chief technology officer David Schwartz has indicated that FTX employees are welcome to pursue careers at the blockchain cross-border payments...

Over 80,000 BTC Leaves Exchange Wallets as Traders Lose Confidence In Centralized Exchanges ⋆ ZyCrypto

Advertisement &nbsp &nbsp The financial turmoil occasioned by the FTX liquidity crisis has led to investors withdrawing their Bitcoin from Centralized Exchange (CEX) wallets e...

Crypto.Com to Publish Its Audited Proof Of Reserves As Transparency Concerns Rock Exchanges ⋆ ZyCrypto

Advertisement &nbsp &nbsp In what appears to be the new trajectory amid the downfall of giant crypto exchange FTX, Crypto.com has become the latest exchange to promise its cus...

Bears Drag Bitcoin to Lowest Price Level In Two Years — Where’s BTC Headed Next? ⋆ ZyCrypto

Advertisement &nbsp &nbsp The Bitcoin (BTC) market continues to be dominated by bearish traders. BTC bears dragged down the price of the benchmark crypto to around $17,500, it...

Binance’s Non-Binding Agreement Leaves FTX’s Future Highly Uncertain ⋆ ZyCrypto

Advertisement &nbsp &nbsp Troubled cryptocurrency exchange FTX received a glimmer of hope in the form of Binance signing a non-binding agreement to be acquired by the world’s ...

Ripple’s Chances of Winning Case Against SEC Revealed Following LBRY’s Defeat ⋆ ZyCrypto

Advertisement &nbsp &nbsp One of Ripple’s allies apparently lost a case to the U.S. Securities and Exchange Commission (SEC). The new development has resulted in panic amongst...

Crypto Market Could See Biggest Crash In History If Binance Cancels FTX Acquisition — Arthur Hayes ⋆ ZyCrypto

Advertisement &nbsp &nbsp Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX has warned that a decision by Binance to pull out of the FTX acquisition arrangemen...

New Metrics Reveals Why Crypto Market Prices Swing Bullish or Bearish ⋆ ZyCrypto

Advertisement &nbsp &nbsp According to data from Santiment, the relationship between social sentiment and crypto bullish and bearish price directions has been forming a new dy...

Solana Set To Give Apple And Samsung A Run For Its Money With New Offerings and Partnerships ⋆ ZyCrypto

Advertisement &nbsp &nbsp Helium network enters into a partnership with Solana to provide carrier support for its upcoming mobile phone. Solana’s mobile device has been touted...

Bitcoin Miners Think Outside The Box To Survive Crypto Winter As Top Firms Look Beyond Web3 ⋆ ZyCrypto

Advertisement &nbsp &nbsp Bitcoin miners are pivoting to other digital solutions as the bear market bites harder.  New “hodling” strategies, hedging bets against bitcoin price...

Cathie Wood reveals her first BTC investment is in over $7 million of unrealized profit ⋆ ZyCrypto

Advertisement &nbsp &nbsp Cathie Wood, the founder, CEO and CIO of ARK Invest, has revealed that she first bought $100,000 worth of BTC at a price of around $250 back in 2015 ...

FTX Token Crashes 85% In Minutes — FTT Becoming The Next LUNA ⋆ ZyCrypto

Advertisement &nbsp &nbsp Star Xu, the founder of cryptocurrency exchange OKX, has spoken up about the rift between Binance and FTX’s founders, resulting in a sell-off of FTX’...

Twitter Might look to adopt crypto if it carries on with membership plans ⋆ ZyCrypto

Advertisement &nbsp &nbsp The CEO of Binance hints at a possible integration of cryptocurrencies into the popular social networking service platform Twitter.  This comes after...

FTX Capitulates and Agrees to Sell to Binance Following the Liquidity Crunch that Rocked the Exchange ⋆ ZyCrypto

Advertisement &nbsp &nbsp Binance has agreed to purchase FTX after days of uncertainty over the financial status of the company. The deal is a non-binding one that allows Bina...

Ethereum Looking Super Bullish On Vitalik Buterin’s Updated Network Roadmap ⋆ ZyCrypto

Advertisement &nbsp &nbsp Vitalik Buterin, the co-founder of the Ethereum blockchain, has released an update to the roadmap of the preeminent smart contracts blockchain networ...

Demand for USDT Erupts in Lebanon as Rising Inflation Kicks In ⋆ ZyCrypto

Advertisement &nbsp &nbsp The U.S. dollar-pegged stablecoin issued by Tether, USDT, has been rising in popularity in Lebanon amid rising inflation that has made access to fore...

From Crypto Savior To Being Up Against The Ropes — How It Turned Around For FTX’s Sam Bankman-Fried ⋆ ZyCrypto

Advertisement &nbsp &nbsp FTX’s founder earned the title of being crypto’s white knight after a series of bailouts to troubled firms in the industry. Barely six months after t...