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XRP Price Prediction as XRP Jumps 8% in 7 Days – How High Can it Go?

29.11.2022
The price of Ripple’s XRP token dropped sharply on Monday in tandem with downside in broader cryptocurrency markets on risk-averse macro flows. XRP/USD was last changing hands in the $0.39 area, down around 3.4% over the last 24 hours according to CoinMarketCap. That takes the cryptocurrency’s...

Kevin O’Leary Reveals How He Almost Secured $8 Billion to Rescue FTX Before It Collapsed

29.11.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared how he and Sam Bankman-Fried (SBF) almost raised $8 billion from institutional investors to save crypto exchange FTX before it collapsed. However, when reports emerged of FTX being investigated by several authorities, including...

Billion-Dollar NFT Platform Backed By Gary Vee Cuts a Third of Workforce Amid Market Downturn – Here’s What You Need to Know

29.11.2022
And the layoffs continue amid the ongoing bear market, with the non-fungible token (NFT) platform Candy Digital becoming one of the latest companies to fire a significant number of its employees. Candy Digital is an NFT platform founded by entrepreneur and investor Gary Vaynerchuk and Michael...

Video games & the fractalization of attention

28.11.2022
Also: the latest Xbox Activision shenanigans, & lots more news

Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

28.11.2022
Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants

Meta fined €265M for allowing scrapers to steal Facebook's centralized user data

28.11.2022
Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way

ECB president reiterates calls for 'MiCA II' in response to FTX collapse

28.11.2022
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”

FTX collapse impacts Miami’s nightclub scene: Report

28.11.2022
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene

GK8 increases insurance cap on digital assets to $1B

28.11.2022
Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage

Bitcoin’s bottom might be below $15.5K, but data shows some traders turning bullish

28.11.2022
Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was the final bottom

Compound Finance to impose lending caps in light of failed Aave exploit

28.11.2022
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%

Amid Civil Unrest in China, Gold and Silver Prices Hold Steady — Equity, Crypto Markets Flounder

28.11.2022
Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious...

Controlling shareholders' stakes in GBTC are 'highly illiquid': Report

28.11.2022
"It's net good news for GBTC shareholders and FUD fighting," said Selkis

Bitcoin Languishes Near $16K as BlockFi Bankruptcy Keeps Crypto Credit Contagion Concerns in Focus

28.11.2022
US-based cryptocurrency lending and borrowing platform BlockFi, formerly one of the biggest in the cryptocurrency space, filed for Chapter 11 bankruptcy protection on Monday. The company indicated that it hopes to restructure and will continue operations for the time being....

US House committee sets Dec. 13 date for FTX hearing

28.11.2022
The House event, titled "Investigating the Collapse of FTX," will follow a similar hearing in the Senate Agriculture Committee scheduled for Dec. 1

Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand

28.11.2022
Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures

Billionaire Investor Bill Ackman Says Crypto Regulators Will Take ‘Years’ to ‘Catch Up’

28.11.2022
The way to clean up the crypto space is not necessarily more rules, but instead better enforcement of existing rules, believes the American billionaire hedge fund manager Bill Ackman. But even then, the job will likely take regulators years, he said. The legendary investor’s views on crypto...