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ADA price analysis: Cardano is continuing the downtrend

16.12.2022
Cardano is a strong competitor of Ethereum with more flexibility, sustainability, and scalability for running smart contracts for decentralized finance apps, gaming, tokens, and more. At the time of writing this post, ADA/USD is trading around $0.3, which broke the previous support level of $0.45...

Binance proof-of-reserves removed from the auditor's site

16.12.2022
Mazars Group, known for its proof-of-reserve audit services for crypto companies, reportedly removed PoR audits from its site

Donald Trump delivers his first collection of NFT

16.12.2022
All of this seems to be happening when the situation is not conducive in any way the NFT scenario is concerned. As has been observed, the entire NFT market scenario constantly seems to be spiraling downwards, with no respite being seen shortly. Donald Trump recently posted on Truth Social, which...

Will Kusama (KSM) help to expand Polkadot?

16.12.2022
Kusama offers a public pre-production environment before releasing Polkadot projects on the network. It works as a sandbox for the developers and offers different facilities for testing before finalizing the design for Polkadot projects. KSM is a native coin of this network used to pay gas fees....

Sam Bankman-Fried Makes New Bid for Bail Following Denial of First Request – Here’s the Latest

16.12.2022
The FTX/Sam Bankman-Fried saga continues: the exchange founder submitted another bail request, just two days after his first one was denied, according to two news outlets. Bankman-Fried, the former CEO of the colossal failure that ended up being the FTX exchange, made a bail application before...

Bitcoin is a better platform for Web3, says Lightning Competition organizer

16.12.2022
A tournament to find and support new Bitcoin companies could be a way of attracting developers from Web3 ecosystems to crossover to Bitcoin

Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch

16.12.2022
Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles....

North Korea ‘Distributing Virus-ridden Mycelium Wallet Clone on Telegram,’ Say Experts

16.12.2022
Security firms say North Korea’s Lazarus group is distributing a virus-ridden Mycelium Wallet clone on Telegram channels – in a bid to compromise systems and steal crypto. Per SBS and Bloomberg, the clone is named Somora. But, they say, it is riddled with trojan-like software that the bears...

5 key takeaways from Huobi 2022 crypto industry report

16.12.2022
In Huobi’s most recent industry report, dissects the most discussed crypto-related terms, countries with high levels of activity in the industry, regulations and more

Dogecoin Price Prediction – Can DOGE Reach $1 in 2023?

16.12.2022
The dogecoin price has fallen by 6% in the past 24 hours, falling to $0.082213 as the cryptocurrency market continues to reel from the latest Fed hike and the ongoing effects of the FTX collapse. Its latest movements also mean that it's down by 16% in the past week and by 20% in the past fortnight...

Amber Group raises $300M to recover from FTX contagion

16.12.2022
The new funding from Fenbushi aims to help Amber address some of the “significant drawdowns” as an aftermath of the FTX default

Crypto Companies Enable Money Laundering, Warns Incoming FCA chair – Regulation Coming Soon?

16.12.2022
Ashley Alder, the incoming chair of the UK’s Financial Conduct Authority (FCA), believes crypto firms are “deliberately evasive” and facilitate money laundering, asking for more regulations. During a virtual meeting, Alder told UK Treasury members on Wednesday that many crypto platforms...

Bitcoin Price Prediction as BTC Completes 61.8% Fibonacci Retracement - Time to Buy the Dip?

16.12.2022
On Friday, the Asian session saw more selling in the cryptocurrency market as the US Federal Reserve and the European Central Bank raised interest rates. Despite the BTC sell-off, the Bitcoin price prediction remains bullish as long as it remains above the $17,000 support zone.... Read More:...

Reports Suggest Caroline Ellison Is Working With Feds and Snitching on FTX Co-Founder Bankman-Fried

16.12.2022
Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds” and it’s possibly the reason why Ellison...

Could Rate That Crypto (RTC) be the crypto winter savior?

16.12.2022
There are over 21000 cryptocurrencies in existence at the last count. Not all of them are equally desirable, just as not all the real world’s currencies are on the same footing. Investors looking to enter the cryptoverse have a few questions: whether to buy a lot of one currency, divide their money...

Silvergate faces class-action lawsuit over FTX and Alameda dealings

16.12.2022
The suit is looking to hold Silvergate accountable for its alleged roles in transferring FTX user deposits to Alameda bank accounts

ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation

16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...