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These Countries Were Hit The Hardest By the FTX Collapse – Find Out Why


South Korea, Singapore, and Japan are the three countries most impacted by crypto exchange FTX's infamous implosion, with a combined 15.7% traffic share to FTX.com, said a report by Coingecko.  The methodology of the study, as explained by Julia Ng, who leads Growth Marketing & PR at CoinGecko...

Dogecoin (DOGE) takes support from the 200 EMA curve!


Dogecoin has been one of the most critical cryptos; it mostly relies on price action and buying sentiment; fundamentals don’t matter at all. Holding the 9th spot in the overall cryptocurrency rankings as per market value, Dogecoin has perhaps become the better-performing cryptocurrency in...

FTX submits list of creditors revealing $3B in debt


The FTX crisis has reached a new level of difficulty. The business owes its unsecured creditors more than $3 billion, according to court documents. Moreover, a pair of customers are claiming to have $200 million each in their dues. Due to a lack of liquidity, FTX recently announced that it would...

Emurgo to launch USDA in 2023 Q1


Emurgo, the extended commercial arm of Cardano, has announced plans to launch a new stablecoin in the US market. USDA will be backed by the regulated authorities and it will be pegged to the US Dollar at 1:1. USDA is anticipated to debut in the first quarter of 2023. This adds a new stablecoin...

Bitcoin close to the $16k mark: Will BTC test $10k?


Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...

Uzbekistan Licenses 2 Crypto Exchange Service Providers


The regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto...

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