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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...
MakerDAO community votes against CoinShares' 500M investment proposal
28.11.2022
About 72.43% of the community votes went against CoinShares' proposal to invest MakerDAO’s funds into various traditional assets
Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT
28.11.2022
Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week
Best Crypto to Buy Today 28 November – D2T, CELO, TARO, DOGE, IMPT
28.11.2022
Read More: Best Crypto to Buy Today 28 November – D2T, CELO, TARO, DOGE, IMPT
Kraken settles with US Treasury's OFAC for violating US sanctions
28.11.2022
The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran
Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’
28.11.2022
On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings...
Crypto Listing and Delisting Announcements: Week 48
28.11.2022
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....
Cardano Price Prediction as Smart Contracts on Platform Grow Over 300% in 2022
28.11.2022
Cardano price prediction is bearish, but the double bottom pattern will likely support it around $0.2960. A bullish reversal could be triggered by candles closing above this level.
Since the introduction of the smart contracts feature, the Cardano (ADA) network has grown significantly. It moves...
Jack Dorsey’s Block sues Bitcoin.com for trademark infringement
28.11.2022
“The use of the designation "VERSE" constitutes an infringement of our client's trademarks under German trademark law,” Block’s legal counsel said in a letter to Bitcoin.com
FTX logos and promotional material still everywhere despite bankruptcy proceedings
28.11.2022
Though some officials have removed all traces of their deals with FTX, the firm's branding still appears on a few sports venues and merchandise
Experts Believe These Coins Will Beat the Bear Market and Come Out Stronger on the Other Side
28.11.2022
The cryptocurrency bear market rages on, with many cryptocurrencies trading at a fraction of their all-time highs. Ethereum has been particularly hard hit today and is now down over 75% from its all-time high a little over a year ago of $4,811 – with a fresh 4.44% leg down so far on Nov....
Crypto fund investment still dominated by the United States: Database
28.11.2022
Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds at 2.9%
Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies
28.11.2022
"We're looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration," wrote Game7 in its FAQ
Terra Supporters Hope to ‘Defy the Odds’ by Pumping the Now-Defunct Stablecoin USTC Back to $1 Parity
28.11.2022
It’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe...
Biggest Movers: DOGE Down 10%, XRP Extends Declines
28.11.2022
Dogecoin was down by as much as 10% to start the week, as the token retreated from Sunday’s high. The meme coin raced to a three-week high over the weekend, however bulls appeared to have abandoned their positions, opting to secure profits. Xrp, formerly known as ripple, fell for a third...