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Bitcoin at $16K: Will BTC turn long-term bearish?
28.11.2022
Bitcoin is the most popular cryptocurrency with a wide range of use cases. Many crypto enthusiasts regard it as a market leader because rally shown in 2020-21. Since the beginning of this year, 2022, it has been in a downtrend, and still, it is continuing its negative sentiment even in November....
Coinbase: Institutional Investors Increased Allocations During Crypto Winter, Long-Term Price Outlook Positive
28.11.2022
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook...
Crypto Winter No Longer Has Big Impact on Long-Term Industry Growth, EY Executive Says
26.11.2022
EY’s global blockchain leader says that for the first time ever, crypto’s price swings do not have that big of an impact on the long-term growth of the industry. Nonetheless, he stressed: “It is also important that regulators crack down on obvious Ponzi schemes faster and with...
Biggest Movers: XRP Climbs to 3-Week High, DOGE Nearly 10% Higher
25.11.2022
Xrp rallied to a three-week high on Friday, breaking out of a long-term resistance level in the process. The token rose to its highest level since early November, as prices surged for a fifth straight session. Dogecoin also hit a multi-week high, rising by nearly 10% today. XRP XRP, formerly known...
ETH Hacker Gets 10 Year Jail Term, But BTC Theft ‘May Not Be Criminal’ in China
23.11.2022
Tokens such as ethereum (ETH) and bitcoin (BTC) continue to rest on uneasy legal ground in China – where an ETH hacker who struck in 2018 was recently sentenced to 10 and a half years behind bars. But prosecutors in the country have explained that it could be tricky to convict BTC thieves who have...
From Fine Art to Bored Apes and Punks: Blue Chip NFTs Owned by Celebs Lose Significant Value
22.11.2022
During the week of Jan. 30 to Feb. 5, 2022, the search term “NFT” had a Google Trends (GT) score of 90 and today the GT score has dropped a great deal down to a score of 12. Not only has interest declined, but blue chip non-fungible tokens (NFTs) don’t hold the value they once...
Will Ethereum (ETH) break the long-term support of $1000?
21.11.2022
Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
Dash hits yearly low: Should You buy it for the long term?
17.11.2022
Dash is an open-source blockchain technology, a fork of Bitcoin that also offers similar features with improved technology. However, after the FTX liquidity crisis, investors show less faith in DASH than in Bitcoin, but both are trading around the yearly low. At the time of writing this post, DASH...
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...
Collapse of Crypto Exchange FTX Sees Long-Term Bitcoin Holders Shift to Distribution
15.11.2022
A sustained decline in bitcoin owned by long-term holders may mean a widespread loss of conviction, Glassnode said
Hackers keeping stolen crypto: What is the long-term solution?
12.11.2022
In the long run, the industry needs to come together and step up its cybersecurity game in a big way rather than seek out such temporary fixes
Cryptocurrencies with long-term potential: Cardano, Ripple, Budblockz, Solana
10.11.2022
The bear market continues to fuel the interest in cryptocurrencies with long-term potential. Some crypto projects have already been extremely valuable in the current weak market and are a great long-term investment opportunity. This article covers four crypto coins that have shown true potential...
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
10.11.2022
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term...
Bank of Russia Suggests Tax Cuts for Long-Term Digital Asset Holders
9.11.2022
The Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public discussions on the development of the digital asset market in the Russian Federation. Bank of Russia...
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction
8.11.2022
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed...
Sam Bankman Fried Announces Substantial Donations in US Mid-Term Elections
6.11.2022
FTX CEO Sam Bankman-Fried has revealed that he donated millions of dollars to support bipartisan politicians in a bid to lure more crypto allies.
In a Saturday tweet, Bankman-Fried said that he was "a significant donor" in both Republican and Democrat primaries, "supporting constructive...
Needham's John Todaro Says USDC Is ‘Exciting’ for the Long Term and Will Benefit Coinbase
4.11.2022
John Todaro, vice president at investment and asset management firm Needham & Co., discusses whether USDC could become the “de facto” CBDC for the U.S. and why crypto exchange Coinbase could operate like a bank if it were to “mint” more of the stablecoin
MicroStrategy CEO reiterates 'long term' Bitcoin play in Q3 earnings
2.11.2022
The world’s largest corporate holder of Bitcoin has reduced its losses compared to previous earnings as its CEO says it will continue to buy and hold Bitcoin long term
Majority of Voters Want More Crypto Regulation — See Digital Assets as Long-Term Part of Economy, Survey Shows
28.10.2022
A new survey shows that a majority of likely voters want more crypto regulation. “Our national survey shows voters believe in the promise of digital assets and see it as a long-term part of the economy and their financial future,” said the Crypto Council for Innovation. Voters Want More...