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New FTX CEO Discusses Possibility of Rebooting Defunct Crypto Exchange in First Interview Since Taking Over
19.1.2023
Following recent disclosure that FTX debtors and bankruptcy administrators located $5.5 billion in liquid assets, the new FTX CEO John J. Ray III discussed the business in his first interview since taking over the exchange’s restructuring process. Ray detailed during the interview that he...
‘No Point’ to European Union's Crypto Rules Unless World Follows Suit, Official Says
19.1.2023
FTX's collapse may have added fuel for those seeking stricter crypto rules, but even the good guys may get it wrong, financial services commissioner Mairead McGuinness told CoinDesk
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
19.1.2023
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid...
Why the Bitcoin Price Rally is Stalling on Mixed Rates and Growth Outlook, DOJ Action – But Will Climb Again
19.1.2023
The bitcoin price is up 0.4% at $20,910, recovering somewhat from a $1,000 plunge after a crypto exchange co-founder was arrested on Wednesday, and weak US data pointed to an economic hard landing.
Although there was good news on wholesale inflation in the US yesterday, the shock retail sales...
Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup Announces a DAO
19.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: National Australia Bank to Create a Stablecoin, Customers Sue Compass Mining, NYX Professional Makeup...
Indian Minister Says No Issue With Crypto if Laws Are Followed
19.1.2023
Rajeev Chandrasekhar, India's Minister of Information Technology, has said crypto would face no issue within the country if related laws are followed.
Speaking at an event in the southern city of Bengaluru, Chandrasekhar said there is "nothing today that outlaws crypto as long as you follow...
Why Crypto Prices Are Lower Today But A Rebound is On the Cards
19.1.2023
Crypto prices have fallen a little today after over a week of consistently bullish news, but investors need not be worried as there are several opportunities left to capitalise on in the market.
Although the retracement has only been in single digits, there are some who are lamenting the recent...
New FTX Head Says Crypto Exchange Could Be Revived: Wall Street Journal
19.1.2023
John J. Ray III made the comment in his first interview since taking over FTX in November
Crypto Exchange Luno's Co-Founder Departed in December
19.1.2023
Stranex departed Luno in December nearly 10 years after founding the exchange, which is owned by CoinDesk parent company Digital Currency Group
'Dr Doom' Nouriel Roubini Calls Crypto A Scam - Is He Right?
19.1.2023
Economist Nouriel Roubini, also known as Dr. Doom because of his overly pessimistic views on financial outcomes, took aim at cryptocurrencies yesterday, labelling 90% of them as a scam. ...
Read More: 'Dr Doom' Nouriel Roubini Calls Crypto A Scam - Is He Right?
Germany’s N26 Bank Bucks the Trend, Seeks to Expand its Crypto Trading Offering to More Countries
19.1.2023
German digital bank N26 has announced it is increasing the number of nations where its clients are allowed to trade cryptocurrencies, adding Germany, Switzerland, Belgium, Portugal, and Ireland to the list.
“Eligible N26 customers in these markets will soon be able to trade almost...
Crypto Crowd Sentiment Surges as Bitcoin Bulls Bet the Bottom is In
19.1.2023
Prior to the recent DoJ FUD (fear, uncertainty and doubt) and US equity market weakness-induced pullback in Bitcoin and broader cryptocurrency markets on Wednesday, the crypto trading crowd was having its second most bullish week in terms of sentiment in the past 14 months, crypto analytics firm...
Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease
19.1.2023
The recent risk revival in traditional markets and cryptocurrencies may not sustain as the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said
What are hierarchical deterministic (HD) crypto wallets?
19.1.2023
A hierarchical deterministic wallet uses a single seed to create an infinite number of addresses, allowing users to recover funds using a master key
2023: The Year Regulators Finally Grasp Crypto?
19.1.2023
Amid a prolonged collapse in asset prices, the digital assets space had a wild 2022. The problems may force regulators’ hands on the crypto space
Shiba Inu Price is Off 11% at $0.00001118 As Crypto Pulls Back After DOJ Action - Should Buy SHIB on the Dip
19.1.2023
Shiba Inu price appears to have taken a breather after a consistent push by bulls for slightly over two weeks. This pressure is not unique to SHIB, as Bitcoin price is down 2.2% in 24 hours to trade at $20,796, while Ethereum price is exchanging hands at $1,527 after sliding 3.3%. The most popular...
Best Crypto to Buy Today 19th January – KAVA, MEMAG, APT, FGHT, FXS, CCHG, AGIX, RIA, TARO, D2T
19.1.2023
The cryptocurrency market has witnessed a 2.5% drop in the past 24 hours, with gains over the last week giving way to a slight correction. Still, with its total cap at roughly $997 billion, it remains up by 8% in a week and by 20% in a month.
And despite today's losses, some coins have bucked...
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
19.1.2023
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto...
Will China Reopening Boost Crypto Price?
19.1.2023
● The end of zero-COVID has implications for growth and inflation globally. ● "China's reopening is happening faster, and earlier, and so is the recovery"
China is rapidly reopening after three years of lockdown by abruptly relaxing strict Covid restrictions. Mainland China has opened sea and land...
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
19.1.2023
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over $2 trillion from the crypto market. However, the dark horse in the face of these ugly events was the crypto exchange – Bitget. Despite the hardships...