4 Key Takeaways from the FTX Fiasco
16.11.2022
The real reason why the FTX failure hits so hard is not because the crypto industry was duped, but because it proved that the industry was vulnerable to being duped
Billionaire Charlie Munger Condemns Cryptocurrencies Following FTX Collapse, Says ‘I Think It’s Totally Crazy’
16.11.2022
Berkshire Hathaway’s Vice Chairman Charlie Munger has long voiced his criticism of crypto, with a particular focus on bitcoin (BTC). Unsurprisingly, the ongoing market downturn and the abrupt collapse of major exchange FTX have further pushed the investor over the brink....
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How to invest in BudBlockz (BLUNT) and Bitcoin (BTC) in 2023?
16.11.2022
To reap huge returns in cryptocurrencies, it is always a good idea to balance your portfolio by investing in established tokens and new coins. BudBlockz (BLUNT) is a new cryptocurrency that aims to enable easy trading for cannabis markets. It can be bought long-term, and Bitcoin (BTC) can also...
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets React to Missile Exploding in Poland
16.11.2022
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 the missile hit Poland, which is a NATO-backed country. Poland and NATO have both downplayed...
Bitcoin Price Prediction as Ukraine Conflict Escalation Fears Send Prices Lower – Time to Buy the Dip?
16.11.2022
A few hours ago, Bitcoin attempted to break the $17,000 barrier but was stopped by the release of UK inflation figures. Most alternative cryptocurrencies are also slightly down today. SBF, the former CEO of FTX, has been venting on Twitter about how he plans to make customers whole and how he plans...
CMC Markets’ Net Trading Revenue plunges up by 27%
16.11.2022
CMC Markets, a London-based brokerage group, released their six months interim financials between April and September, reflecting a 21% hike in its net operating income (NOI), generating £153.5 million. The estimation published is for the first half (H1) of its fiscal year, 2023. While CMC Market’s...
FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack
16.11.2022
The infamous Mt. Gox Bitcoin hack cost the same in U.S. dollar terms as FTX emptying its 20,000 BTC balance
Cristiano Ronaldo Launches NFT Collection With Binance Crypto Exchange
16.11.2022
“The legend is coming to Binance,” said the exchange.
Football giant Cristiano Ronaldo will be launching his non-fungible tokens (NFT) collection this Friday.
“My NFT collection is coming on November 18, exclusively on Binance,” said Ronaldo in a tweet. He added that fans can use a referral code...
Pantera Capital Believes Bitcoin Will Hit $150,000 Soon, Here’s How and When
16.11.2022
Crypto asset manager Pantera Capital believes bitcoin (BTC) will hit close to $150,000 sometime in the first half of 2025, while also hinting that this cycle’s bottom could be right around the corner.
The predictions about the BTC price and what will happen after the next Bitcoin halving came...
Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse
16.11.2022
The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022
US reportedly considering Bankman-Fried extradition for questioning
16.11.2022
Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States
Will Uniswap (UNI) turn long-term bullish breaking the resistance?
16.11.2022
At the time of writing this post, UNI was trading around $6.29, which is around the baseline of the Bollinger Bands. On the daily chart, $5.5 is a crucial level, and if the price sustains over this level, then you can trade in Uniswap for the short term. It is interesting to note that Bollinger...