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Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month
16.12.2022
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during the last three days. While 20% of BUSD’s supply was drained since last month...
Industry execs confident in DeFi adoption despite security flaws: Finance Redefined
16.12.2022
The top 100 DeFi token had a mixed week with majority of them losing bullish momentum from the last week
CryptoQuant's Audit of Binance Reveals No 'FTX-Like' Behavior in Proof-of-Reserves
16.12.2022
An on-chain audit of Binance by the blockchain analytics firm CryptoQuant has concluded that Binance’s reserves of bitcoin (BTC) and other major coins “are not showing ‘FTX-like’ behavior at this point.”
In analyzing the numbers, CryptoQuant said it compared Binance’s BTC liabilities, as stated...
Total crypto market cap takes another hit, but traders remain neutral
16.12.2022
The total crypto market cap is at risk of falling below $825 billion, but data shows traders actively adding to their longs and shorts
Crypto Listing and Delisting Announcements: Week 50
16.12.2022
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Solana Struggles to Remain in the Top 20 as Prior Ties to FTX and Alameda Wounded the Project
16.12.2022
Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last month against the U.S. dollar and to date, it’s...
Why is Ethereum (ETH) price down today?
16.12.2022
Ethereum price is down today and a growing list of challenges could continue to weigh on ETH price for the foreseeable future
Earn 175% APR Through ApeCoin (APE) Staking on LBank Exchange
16.12.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has recently launched ApeCoin (APE) staking in its “Earn” – “Flexible” section, users will be able to earn APE token with an annual return of 175% (floating adjustment), and withdraw...
Bitcoin targets $16.7K amid fear BNB may 'drag whole crypto market down'
16.12.2022
Binance Coin "has nothing but air below it," one analyst warns as BTC price action goes from bad to worse
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
16.12.2022
According to lawyers representing FTX's provisional liquidators, allegations that Bahamian officials were giving residents preferential treatment were “wholly without merit”
Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend
16.12.2022
Cardano fell to an all-time low on Friday, as sentiment in crypto markets remained bearish in today’s session. The token fell for a third consecutive day, with prices moving below a key price floor in the process. Polygon also extended recent declines, hitting a multi-week low as a result....
Oryen Network takes off ahead of Solana and Dogecoin; Presale live
16.12.2022
If you had put money into Solana or Dogecoin initially, you would have had to face the market’s difficulties. However, Oryen Network is already handsomely rewarding early investors in its live presale, and it is widely expected to succeed where these two have failed. Oryen (ORY) During phase...
Best Crypto to Buy Today 16 December – FGHT, CHZ, D2T, LDO, RIA
16.12.2022
After suffering a 2.49% drop due to the Federal Open Market Committee's interest rate hike, Bitcoin has continued its fall and is now trading just under $17,000 with an overall decline of 2.88% over the past 24 hours. This slump has been attributed both to wider macroeconomic conditions as well...
Bitcoin Price Prediction as BTC Falls Below $18,000 – How Low Can it Go?
16.12.2022
The prediction for the price of Bitcoin has become bearish, as BTC has fallen below an upward channel. If BTC closes outside of this channel, it is likely to drop to $16,775.
The US session saw further selling in BTC after worse-than-expected US Flash Services PMI on Friday, disappointed market...
Today in Crypto: MoneyGram Partners with Stellar Development Foundation, First Two ETFs Launched in Hong Kong, FTX Wants to Sell Four Subsidiaries
16.12.2022
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: MoneyGram Partners with Stellar Development Foundation, First Two ETFs Launched in Hong Kong, FTX Wants...
Ethereum Price Prediction – Can ETH Flip Bitcoin in 2023?
16.12.2022
ETH, the native cryptocurrency that powers the Ethereum blockchain, continues to suffer amid elevated post-hawkish Fed meeting sell pressure. ETH, otherwise known as Ether, was last down over 5.0% on Friday, having broken out to fresh monthly lows under its 21-Day Moving Average (DMA) earlier...
Raydium is attacked, loses $2 million
16.12.2022
The team said that authority over the automated market maker and farm programs have been paused, “for now.”
Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web
16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...
Only for foreign trade: Bank of Russia stands against free crypto investment
16.12.2022
The Russian government doesn’t want to enable Bitcoin for regular Russian people but exclusively for foreign trade entities
Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout
16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...