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How NFT technology is creating room for a ‘no risk’ sports prediction market?
21.11.2022
Sports betting dates back to the ancient times when chariot racing was a popular form of entertainment in ancient Greece, around 700 BC. Today, it is a billion-dollar industry featuring all forms of sporting events. But more importantly, sports betting has come a long way to find its footing...
Dogecoin (DOGE) takes support from the 200 EMA curve!
21.11.2022
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
21.11.2022
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...
First official DAO in the US to fight SEC without attorneys
21.11.2022
American CryptoFed DAO begins litigation battle with SEC over 2021 token registrations, opts not to have attorneys in a fight for registration
Emurgo to launch USDA in 2023 Q1
21.11.2022
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...
Brazilian Bank Itau Unibanco to Offer Cryptocurrency Custody Services in 2023
21.11.2022
Itau Unibanco, one of the biggest Brazilian banks, has announced it will offer cryptocurrency custody services in 2023. Itau Digital Assets, the cryptocurrency unit of the company, will be responsible for this offering, which will be first available to customers of the bank, and then to third...
Kraken Crypto Exchange Founder Jesse Powell Says This One Thing Can Trigger the Next Bull Market
21.11.2022
Jesse Powell, co-founder and former CEO of cryptocurrency exchange Kraken, has predicted that the upcoming Bitcoin halving can trigger the start of the next bull market.
Powell, who appeared in an episode of the Bankless podcast, talked about the overall state of the crypto industry following...
Binance makes moves in hardware wallet industry with new investment
21.11.2022
Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round
Goldbug and Crypto Sceptic Peter Schiff Says Bitcoin Will Fall to This Level, More Selling to Come
21.11.2022
The arch-bitcoin (BTC) skeptic Peter Schiff has said that BTC's actual price is much lower than what we're currently seeing, that it will drop significantly more, and that bitcoin mania is "over".
Last week, in a Twitter thread, Schiff shared his opinion on recent Grayscale’s bitcoin trust (GBTC)...
Bitcoin close to the $16k mark: Will BTC test $10k?
21.11.2022
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
21.11.2022
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...
Oryen Network’s 140% profits for its holders spark incredible hype. BNB, Big Eyes, and DOGE holders are joining the ICO
21.11.2022
By offering limitless and passive income based on an amazing yielding mechanism, Oryen is gunning for the top place in the cryptocurrency market. The new competitor is shaking up the market because its initial coin offering (ICO), presently in phase 4, attained peak results of 140% profits. This...
Will Ethereum (ETH) break the long-term support of $1000?
21.11.2022
Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...
Celsius bankruptcy victims get proof-of-claim deadline from US court
21.11.2022
The situation surrounding the Celsius bankruptcy continues as U.S. regulators set a deadline for those affected by the situation to file a proof claim against the company
‘High-ranking’ S Korean Civil Servant Caught Trading DOGE During Key Meeting
21.11.2022
A “high-ranking” South Korean civil servant has been caught buying Dogecoin (DOGE) on his cell phone – in the middle of an important local government meeting.
Reporters from the media outlet News1 snapped a photo of the official – a senior auditor in the affluent Gyeonggi Province. The auditor...
Ethereum Price Prediction as FTX Hacker Begins Dumping $200 Million ETH Holdings
21.11.2022
The Ethereum price has dropped by 7.5% in the past 24 hours, as proceeds from last week's FTX 'hack' have begun being dumped on the market. As of writing, the address associated with this breach continues to hold over 200,000 ETH (worth more than $223 million), suggesting that the price of...
Vitalik Buterin: Singapore’s Current Crypto Regulation Is Not Working – Here’s Why
21.11.2022
A resident of Singapore, Ethereum (ETH) co-founder Vitalik Buterin says that the country’s financial regulator, the Monetary Authority of Singapore, is enforcing a regulatory approach to crypto he calls “tough balance”. While he appreciates some of the regulator’s policy choices, he also states...
FTX exchange suffers $59M loss due to hacking
21.11.2022
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this loss had transferred 50,000 ETH from one of the wallets to another address. The hacker had then...
Binance Now Holds Nearly 600,000 Bitcoin Worth $9.6 Billion – Largest BTC Holder in the World?
21.11.2022
The Bitcoin balance of Binance, the world's largest cryptocurrency exchange, has more than doubled over the past 10 days, nearing 600,000.
According to data by crypto analytics platform Coinglass, Binance currently holds over 575,000 BTC coins, having added more than 137,011 coins just over...
Uniswap and Aave continue to operate during ongoing FTX Crisis
21.11.2022
The recent crash of FTX sent shockwaves through the entire digital asset market, signaling its own impending collapse. Even Sam Bankman-Fried, the newly appointed CEO of the platform, expressed his agreement that this was an unprecedented show of mismanagement. While the popular best crypto...