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Cathie Wood’s Ark Invest Buys $21 Million Worth of Coinbase Shares – What Do They Know?

10.11.2022
Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has bought a dip. According to Barron’s, Ark’s exchange-traded funds (ETFs) bought nearly 421,000 – or 420,949, to be precise – of major crypto exchange Coinbase’s shares, to expand its position in...

Trading volume stays above $2T for Exness

10.11.2022
Exness has disclosed its trading volume data for the month of October 2022. With a trading volume of more than $2.5 trillion, October marked the eighth consecutive month in which Exness reported a trading volume of more than $2 trillion. The figure represents a 142% year-over-year increase and...

Metaverse.Network & Bit.Country partners with MEXC Global

10.11.2022
Bit.Country, a metaverse service provider, and Metaverse. Network, a blockchain, has announced its partnership with MEXC Global. MEXC Global is a secure crypto asset exchange platform. MEXC Global will be launching its first Metaverse on Bit. The country aims to provide users with a wide range...

Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX

10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...

Ethereum price plunges 23%: Can ETH revive this fall?

10.11.2022
Even after the Merge upgrade, investors were optimistic for an uptrend, but the external factors such as US Fed regular rate hikes, supply chain issues, inflation, and now FTX ‘liquidity crunch’ has reduced the market cap of Ethereum, at least for the short term. Indeed, ETH is a popular coin,...

Evercity on Hedera connects to regenerative finance

10.11.2022
Evercity, a platform for green finance and carbon origination, is headquartered in Berlin, Germany. It was also involved in the construction and maintenance of an open-source protocol that could be maintained for financial problems. Presently, it has successfully positioned itself on the Hedera...

Most of FTX Legal Team Depart as Exchange Collapses

10.11.2022
An issue that seems to have massively contributed to major crypto exchange Binance’s decision not to acquire FTX is that a significant part of the latter’s team went for the exit. According to Semafor, citing people familiar with the matter, “Most of FTX’s legal and compliance staff quit Tuesday...

MetaMask Launches Bridge Aggregator to Move Tokens Across Blockchains – Game Changer?

10.11.2022
Crypto wallet specialist MetaMask is launching Bridges, a new aggregator designed to allow the users of its flagship Portfolio decentralized app (Dapp) to easily move their tokens across chains. “MetaMask Bridges is a bridge aggregator to help you find the best routes to move your tokens from...

Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research

10.11.2022
Wallets associated with Sam Bankman-Fried's Alameda Research could be behind the dollar de-peg, alleges Tron founder Justin Sun

XRP Price Prediction – XRP Drops 20%, Can it Fall to $0.10?

10.11.2022
The XRP price has fallen by 2% in the past day and by 20% in the past week, as the fallout from FTX's apparent insolvency continues to wreak havoc on the cryptocurrency market. The altcoin is also down by 27% in the past month, with the downturn of the past few days all-but erasing gains it...

Crypto Price Crash Update: Why Did FTX Fall? – Here’s What We Know Now

10.11.2022
Earlier this week, speculations around the liquidity crunch at FTX sent shock waves across the entire crypto industry. The news that Binance could potentially purchase FTX slightly saved the day, but when the exchange backed out of the deal yesterday, cryptocurrency prices went into a free...

Why Crypto Prices Are Still Crashing and Will The Bleeding Stop Soon?

10.11.2022
Crypto prices continue to crash after Binance pulled the plug on its proposed acquisition of FTX and the troubled exchange said it was facing bankruptcy unless it could raise $4 billion. Meanwhile, the bitcoin price fell to as low as $15,597, but has since recovered 3.5% to trade at $16,350....

Ledger hardware wallets hit by the FTX earthquake, CTO says

10.11.2022
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports

Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

10.11.2022
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria’s controversial currency plan is unlikely...

Russian Central Bank Still Saying No to Use of Crypto in Settlements

10.11.2022
Russia’s Central Bank has thrown another spanner into the crypto adoption plans of the nation’s pro-business Ministry of Finance – by saying it still opposes the use of coins in settlements and “accounting” scenarios.... Read More: Russian Central Bank Still Saying No to Use of Crypto in Settlements

OpenSea to carry on charging creator fees for NFT collections

10.11.2022
OpenSea, the most successful NFT marketplace in terms of volume, has stated that it will continue to enforce creator fees on its platform for any collections that are already in existence. This signifies that the creators of NFT collections currently trading on OpenSea will be allowed to continue...

Crypto.com Exchange Suspends Withdrawals on Solana blockchain as Crypto Prices Crash – Another Exchange in Trouble?

10.11.2022
Major cryptocurrency exchange Crypto.com has suspended deposits and withdrawals of two major stablecoins, USDT and USDT, on the Solana blockchain. In an email to users on Wednesday, the platform reportedly said that they are suspending deposits and withdrawals of USDC and USDT on the Solana...