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'Wave lower' for all markets? 5 things to know in Bitcoin this week
19.12.2022
BTC price hovers in a tight range, but Bitcoin analysts are predicting a grim end to the year for risk asset holders
Ethereum bulls wake up after four years to transfer 22,982 ETH
19.12.2022
The ETH tokens in question originated from trading platforms Genesis and Poloniex and were found transferring 13,103.99 ETH and 9,878 ETH, respectively
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say
19.12.2022
Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use crypto exchanges. Prosecutor’s Office Insists Russian...
Nifty News: Building bridges in the Metaverse, elaborate Apes scam and more
19.12.2022
A South Korean province is using the Metaverse for closer economic ties with Vietnam and an elaborate phishing scam netted 14 Bored Apes
Bitcoin Price and Ethereum Prediction; Breakout Patterns Will Drive Price Action
19.12.2022
During the Asian session on December 19, Bitcoin is trading at $16,700, as investors appear to be waiting for a solid fundamental reason to drive price action. Similarly, Ethereum is trading in a choppy range of $1,150 to $1,200. A break out of this range will help us determine future market price...
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
19.12.2022
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021
$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
19.12.2022
The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
19.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition, the U.S. Treasury Department’s Financial Stability Oversight Council (FSOC)...
Best Crypto to Buy Today 19 December – FGHT, BNB, D2T, SHIB, TARO
19.12.2022
Last week, the Federal Reserve made headlines when they announced a 50 basis point rate hike after four consecutive 75 bps hikes. This led the market to act like rate increases had reached their peak. But during the press conference that followed, Fed Chair Jerome Powell made it clear that rates...
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
19.12.2022
Over 150 crypto wallets blacklisted for alleged links to funding terror groups can now be drained of all funds following a ruling by an Israeli court
Shark Tank Star Kevin O’Leary Defends Support of Crypto Exchange FTX and Sam Bankman-Fried
19.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has defended his support of the collapsed crypto exchange FTX and its former CEO Sam Bankman-Fried (SBF). “This is America. The justice system provides the presumption of innocence unless proven otherwise,” he stressed....
US Senate banking chair floats possibility of banning crypto
19.12.2022
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”
350 new 'scam tokens' were created every day this year: Solidus Labs
19.12.2022
From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year
Federal Prosecutors Probe Democrats Over Donations From Sam Bankman-Fried
19.12.2022
Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried (SBF) and another executive of the collapsed cryptocurrency exchange. “To any person, entity, or political campaign that...
The Federal Reserve's pursuit of a 'reverse wealth effect' is undermining crypto
19.12.2022
The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets
New FTX CEO Told Members of Congress SBF’s Family ‘Certainly Received Payments’ From the Business
19.12.2022
According to multiple reports, FTX co-founder Sam Bankman-Fried’s parents face scrutiny over their reported involvement with their son’s business operations. The two Stanford professors Joseph Bankman and Barbara Fried have not been charged with any wrongdoing, but the current FTX CEO, John J....
Gate.io experiences slowdown in deposits and withdrawals due to node maintenance
18.12.2022
In a statement, the crypto exchange said that users' funds are safe and transactions are still being processed
XRP Price Prediction – Can XRP 10x in the Next Bull Market?
18.12.2022
Given the market slowdown, XRP price prediction remains bearish, as it has broken through a symmetrical support level at $0.3735. However, XRP is now trading just above the double-bottom support level of $0.3470. Will XRP be able to 10x in the next bull market? Let's find out!
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While Miners Deal With Low BTC Prices, Bitcoin’s Mining Difficulty Target Expected to Increase 3% Higher
18.12.2022
Bitcoin’s mining difficulty target is expected to increase on Dec. 19, 2022, after printing the largest reduction recorded in 2022 on Dec. 5, at block height 766,080. During the last 2,016 blocks, Bitcoin’s hashrate has been around 254.3 exahash per second (EH/s), and block intervals...
Sam Bankman-Fried Reverses Decision to Contest US Extradition Request After a Few Nights in Bahamian Jail
18.12.2022
It was just a few days ago that Sam Bankman-Fried, the ex-billionaire CEO of defunct cryptocurrency exchange FTX and hedge fund Alameda, decided to contest a US extradition request for his central role in the FTX meltdown that defrauded thousands of investors. However, after spending a few nights...