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Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market
2.12.2022
Dogecoin has trounced bitcoin with a 40% surge in the past 10 days. In the past, outsized gains in DOGE have paved the way for a broader market sell-off
Bitget Takes on World Cup 2022 with Messi to Inject Confidence in Social Trading
1.12.2022
The leading exchange expands the team globally as Messi leads Argentina to the round of 16. World Cup 2022 in Qatar is one of the most expensive World Cups in history, with an estimated cost of $US 220 Billion invested, more than 15 times spent. According to Bloomberg, crypto and blockchain...
Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
30.11.2022
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only...
‘Magic: The Gathering’ Clone Calvaria is the newest P2E hype, but only Oryen Network posts 200% returns for presale buyers
28.11.2022
Play-to-Earn (P2E) games have become popular in the crypto market this year. These projects enable users to monetize their playtime while experiencing the best blockchain offers. One of the latest, most-popular P2E platforms is Calvaria. The trading card game is enjoying success in its ongoing...
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem
27.11.2022
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of...
Bitget Launches Major Campaign With Messi to Reignite Confidence in the Crypto Market
26.11.2022
PRESS RELEASE. Seychelles, Nov 26, 2022 – Leading global cryptocurrency exchange, Bitget, has announced a series of marketing campaigns with Lionel Messi, the Argentinian Football legend, with the launch of the brand film to celebrate the 2022 World Cup. With this USD 20 Million investment...
Leading Cardano stablecoin project shuts down after excruciating launch delays
24.11.2022
Ardana developers claimed back in January that "almost all of the product/smart contract development is finished."
Leading Crypto Wallet MetaMask Reveals it Collects User Data, Faces Backlash From Community
24.11.2022
Major Ethereum (ETH)-focused blockchain company ConsenSys updated its privacy policy on Wednesday, stating that the popular crypto wallet MetaMask will be collecting certain user data - much to the dissatisfaction of the privacy-loving community. The wallet co-founder, however, said that this...
Can Filecoin (FIL), Neo (NEO), and Orbeon Protocol (ORBN) become market leading coins?
23.11.2022
After a volatile year for the cryptocurrency markets, many investor groups are assessing which projects could emerge as those that can lead the market forward. Some older projects like Filecoin and Neo are in the mix. Still, there is a particular sense of excitement around a new project called...
Bitget Registers in Seychelles and Plans to Grow Its Global Workforce by 50%
22.11.2022
PRESS RELEASE. Seychelles, Nov 22, 2022 – Leading global cryptocurrency exchange Bitget announces that it has registered in Seychelles to aid global expansion. The exchange operates in a decentralised manner with no specific headquarters, with regional hubs in strategic markets, and plans to set...
Crypto Economy’s Market Cap Slides Below $800 Billion for the First Time Since December 2020
21.11.2022
The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second leading crypto asset ethereum shed 7.61% on Monday...
Bitcoin Miners Face a Squeeze as BTC Production Cost Remains Well Above Spot Market Value
21.11.2022
Bitcoin miners are dealing with lots of pressure following the recent difficulty adjustment increase on Nov. 20, 2022, and the leading crypto asset dropping further in value against the U.S. dollar following FTX’s collapse. Statistics recorded this past weekend show that bitcoin’s...
UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’
19.11.2022
The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K....
FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms
18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...
Gold Bug Peter Schiff Insists This Is ‘Not a Crypto Winter,’ Economist Says It’s More Like ‘Crypto Extinction’
15.11.2022
Since bitcoin started falling from its all-time high last year, the economist and gold bug, Peter Schiff, made sure everyone knows that he wholeheartedly believes the leading crypto asset will fall to zero. Now that FTX has collapsed, Schiff has doubled down on his belief and he’s wasted...
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...
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...
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...
Crypto.com CEO Shares Company’s Crypto Reserve Addresses in the Wake of FTX Bankruptcy
11.11.2022
On Nov. 11, 2022, the CEO of Crypto.com Kris Marszalek shared the company’s proof-of-reserves addresses that hold leading crypto assets like bitcoin and ethereum. Marszalek says a “proof-of-reserves audit preparation is underway” and the wallet addresses shared are the company’s cold wallets....
AscendEX New User Promotions: Reward Every Step of the Way
11.11.2022
PRESS RELEASE. New York, NY, November 11, 2022 – AscendEX, a leading global cryptocurrency exchange, is excited to announce its new user rewards program, providing users an exclusive chance to mine BTC and earn satoshis rewards (SATs) by completing tasks. In addition, all new users will...