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Industry confident in NFTs amid FTX collapse: Nifty Newsletter, Nov. 16–22
23.11.2022
Despite the effects of the FTX debacle, many industry players remain positive and hopeful that NFTs will recover
Polygon Price Prediction as MATIC Shoots Up 7% Despite Wider Market Struggles
23.11.2022
Polygon's MATIC has been on a steady climb since Nov. 22. After starting the day at $0.78, it shot up 7% over the next day and a half to settle down to its current price of $0.84 as of writing on Nov. 23....
Read More: Polygon Price Prediction as MATIC Shoots Up 7% Despite Wider Market Struggles
Genesis Has $2.8 Billion in Outstanding Loans, Parent Company DCG Was Lent Substantial Amounts - Here’s What You Need to Know
23.11.2022
Troubled crypto trading and lending firm Genesis Global has lent out some $2.8bn to various crypto firms, including large loans to its parent company, Barry Silbert’s Digital Currency Group (DCG)....
Read More: Genesis Has $2.8 Billion in Outstanding Loans, Parent Company DCG Was Lent Substantial...
Here's why $16.5K is critical for November's $1.14B Bitcoin options expiry
23.11.2022
BTC bulls were liquidated during the drop to $15,500 on Nov. 21, and more downside could occur if bears profit $245 million during Friday's expiry
Bitcoin Price Prediction as FOMC Minutes to Blast BTC Into Bullish Territory
23.11.2022
Bitcoin failed to maintain its upward trend on November 23 and fell below $16,650. However, following the release of dovish FOMC meeting minutes, Bitcoin is gaining bullish momentum.
According to FOMC minutes, Fed officials' "Substantial Majority" see rate hikes slowing "soon." Most Open Market...
US lawmakers ask DOJ hold FTX execs accountable 'to the fullest extent of the law'
23.11.2022
“The fall of FTX was not simply a result of sloppy business and management practices, but rather appears to have been caused by intentional and fraudulent tactics," said the letter
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
23.11.2022
The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.”...
Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities
23.11.2022
Rising from the ashes of old crypto exchanges, a new paradigm arises
Litecoin Price Prediction – LTC Blasts Up 27%, Can it Reach $100 by 2023?
23.11.2022
Litecoin (LTC) has made a surprise breakaway even as the greater crypto market struggles to make gains, pushing up fast since Nov. 22 and rising over 27% in the past 48 hours. The question is, does it have more bullish juice left or will the latest pump be followed by a sharp correction?
This...
Best Crypto to Buy Today 23 November – CRV, D2T, LTC, TARO, DASH
23.11.2022
The cryptocurrency market generally recovered on Wednesday and pushed its market cap to $860 billion. Litecoin price led the mid-week bear rally, in a move that brought its weekly cumulated gains to 37.4%. Dash also outperformed its peers with a 14.65% recovery. Although Curve DAO Token only...
MEXC Global Vice President Andrew Weiner Explains the Appeal of Futures Trading
23.11.2022
A 6-year veteran of the crypto industry, Andrew Weiner serves as the Vice President of MEXC Global. As the former executive of RegTech and digital identity pioneer iComplyKYC, he worked with notable brands that include Thomson Reuters, ComplyAdvantage, IBM, Mastercard, Deloitte, and KPMG to deliver...
Bankruptcy Lawyers Say FTX Was Operated by ‘Inexperienced and Unsophisticated Individuals’
23.11.2022
On Tuesday, the attorneys representing FTX told the court that a “substantial amount of assets have either been stolen or are missing” and further stressed to the bankruptcy court that FTX executives left the lawyers James Bromley and Sullivan Cromwell with limited information. Bromley further...
Sam Bankman-Fried is 'deeply sorry' for collapse in letter to FTX team
23.11.2022
The former CEO described his role in the exchange's downfall as a failure in oversight, saying he should have been "more skeptical of large margin positions."
Blockchain VC funding halves in October despite some strong raises
23.11.2022
VC funding continues to decline, but Uniswap bucks the trend by drumming up $165 million in a Series B round
Buenbit users access Everyday DeFi from the Rootstock-based RIF Suite
23.11.2022
IOV Labs and Buenbit have teamed up to provide its users access to the Rootstock as well as RIF ecosystem. Buenbit users would be able to access the services and goods from Everyday DeFi which are protected by the Bitcoin network. In many ways, both corporations see the association as a huge...
Biggest Movers: LTC Moves to 6-Month High, SOL up Nearly 20%
23.11.2022
Litecoin extended recent gains on Nov. 23, with the token climbing to its highest point since May. The move saw prices climb by nearly 20% in today’s session, and comes ahead of this afternoon’s Federal Open Market Committee (FOMC) minutes. Solana also surged on Wednesday, moving...
Chinese VC loses $42M in crypto due to compromised mnemonic seed phrase
23.11.2022
Bo Shen previously suffered another devastating hack to his personal wallet in 2016
Today in Crypto: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase Transaction on a Blockchain-based Network
23.11.2022
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: Australia Sues Block Earner, Hacker Steals $42M from Fenbushi Founding Partner, DBS Completes Repurchase...
BTC price holds $16K as analyst says Bitcoin fundamentals 'unchanged'
23.11.2022
Bitcoin sentiment is the worst one analyst has ever seen as BTC price action holds its own into Thanksgiving
Cointelegraph Historical Collection private sale is now live
23.11.2022
Crypto fans can immortalize cryptocurrency history via Cointelegraph’s digital collectibles, with the full launch coming on Dec. 1