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Bitget Raises Its Protection Fund to $300M to Reassure Users After FTX’s Collapse
15.11.2022
PRESS RELEASE. Nov 15th, 2022 – Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 Million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building...
Bitcoin Bull Michael Saylor Says FTX Crash Can Benefit BTC – Here’s What He Said
15.11.2022
“The FTX collapse is an expensive ad for Bitcoin,” said former MicroStrategy CEO and bitcoin (BTC) bull Michael Saylor.
In a tweet on Monday, Saylor argued that the only future for the crypto industry that is actually viable is “registered digital assets trading on regulated digital...
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
15.11.2022
A study from Technavio, a market research firm, has predicted that the area of the metaverse dedicated to entertainment, including virtual concerts, video games, and movies, will grow to $28.92 billion in value from 2021 to 2026. The report states that 33% of this growth will originate in U.S....
Renewed Bitcoin Market Swoon Has Put Price Support At $13K in Crosshairs: Technical Analysis
15.11.2022
Bitcoin has broken below $18,000, which was an area of support in recent weeks. The next levels to watch are $13,500 and $12,500, analysts at Morgan Stanley said
Binance CEO urges crypto buyers to 'hold' amid 'unpredictableness'
15.11.2022
Binance CEO Changpeng Zhao (CZ) said people should invest in crypto if they're using "cash that you don't need for a long time" as the market sees high volatility amid FTX's fallout
Elon Musk: Bitcoin Will Make It — Dogecoin to the Moon
15.11.2022
Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” and “DOGE to the moon.” Amid crypto winter and the chaos surrounding bankrupt crypto exchange FTX, Musk believes...
Market Wrap: Bitcoin Holds Steady Through FTX Gloom
14.11.2022
Most other major cryptos were trading in the green, albeit barely so. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
14.11.2022
Investors piled into stablecoins following FTX’s collapse and an uptick in DEX activity suggests a rising interest in self-custody options
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
14.11.2022
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse. The market witnessed...
Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’
14.11.2022
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was revealed that a transfer of $400 million was made to gate.io in recent weeks. Polygon also...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
14.11.2022
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from...
This Crypto Exchange Just Suspended Withdrawals – What is Going On
14.11.2022
Crypto exchange AAX announced that it has suspended activity for up to 10 days due to a “scheduled system upgrade” that happened during a difficult time for the industry and the markets.
AAX’s website currently displays a notification that states,...
Read More: This Crypto Exchange Just Suspended...
Rocketize targets top spot in the crypto market like Shiba Inu and Aave
14.11.2022
Shiba Inu (SHIB) and Aave (AAVE) are among the top 50 tokens in the cryptocurrency market. They have a significant community of enthusiasts and offer market-relevant features. Presently, the new cryptocurrency Rocketize (JATO) intends to emulate their success. Rocketize is still developing but aims...
Crypto token supplies explained: Circulating, maximum and total supply
12.11.2022
Circulating, maximum and total supply are all essential metrics for an investor’s price discovery. Find out here what they are and how they can be used
Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin
12.11.2022
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%....
Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues
12.11.2022
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below...
Market Wrap: Bitcoin Returns to Red, Tumbling 7% on FTX Collapse
11.11.2022
Other cryptos also fell as investors digested the latest developments in the crypto exchange giant’s unraveling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Genesis receives additional equity infusion of $140M following recent market events
11.11.2022
According to the company, this will bolster its position as a global leader in crypto capital markets
MakerDAO Risk Core Unit makes urgent parameter change request in light of recent market events
11.11.2022
The proposed change would prevent certain coins that have fallen in value recently from being used as collateral
Total crypto market cap drops to $850B as data suggests further downside
11.11.2022
The crypto market managed an 11% bounce from the Nov. 9 low, but a handful of metrics show a severe lack of investor confidence