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Miami Nightclub Owners Mourn The Lack of Crypto Rich Customers as Market Prices Crash
1.12.2022
Miami nightclub owners are facing slumping sales and dwindling revenue as crypto rich kids are staying away from the entertainment venues amid the recent collapse of FTX and the broader crypto market downturn.
According to a new report from the Financial Times, nerdy crypto entrepreneurs...
Binance acquires Sakura Exchange BitCoin to enter the Japanese market
1.12.2022
Binance recently announced the acquisition of 100% of the SEBC (Sakura Exchange BitCoin). The development allows Binance to enter Japan as a JFSA (Japanese Financial Service Agency) regulated platform. As the leading crypto infrastructure and blockchain ecosystem provider, Binance holds immense...
How is Tora Inu challenging other coins?
1.12.2022
The newest meme coin to dominate the cryptocurrency market is called Tora Inu. Because it has both a visionary whitepaper and a roadmap, industry analysts believe that Tora Inu will soon become the next-generation meme currency regarding its market capitalization and user engagement. Tora Inu Takes...
Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity
1.12.2022
Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general manager...
Total crypto market-cap hits $850M as Bitcoin and altcoins recover from FTX’s collapse
30.11.2022
The total crypto market recovers some lost ground as the contagion risks associated with FTX’s collapse begin to look resolvable
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
30.11.2022
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four stock indexes jumped between 2% to 5% higher...
Market maker Keyrock closes $72 million in Series B funding round
30.11.2022
Investors in the round included Ripple, SIX Fintech Ventures, and Middlegame Ventures
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...
IBM and Australian Stock Market’s Blockchain Projects Failed, a Blow to Private Ledgers
30.11.2022
Analysts are Predicting These Coins to Do Well This Year As Crypto Prices Crash
30.11.2022
Coin prices across the crypto market have crashed this year, leaving many investors wondering what to do next. However, bear markets don't last forever, and some projects with strong fundamentals, real use cases, solid teams, and enthusiastic investor backing will no doubt come out the other side...
Biggest Movers: LTC Nears 6-Month High, as Near Rebounds From Recent Lows
30.11.2022
Litecoin has been a notable mover on Nov. 30, as the token edged closer to a recent six month high. Following yesterday’s gains, cryptocurrency prices remained in the green on Wednesday, with the global market capitalization up 2.07% as of writing this. Near protocol also surged today,...
Bitcoin, Ethereum Technical Analysis: BTC Moves Above $17,000 on Wednesday
30.11.2022
Bitcoin moved to $17,000 on Wednesday, as markets continued to digest the U.S. consumer confidence report. Confidence amongst consumers fell to its lowest level since July, despite inflation easing in the world’s largest economy. Ethereum remained higher, edging closer to $1,300. Bitcoin...
Market Maker Keyrock Raises $72M Series B Amid FTX Contagion
30.11.2022
The liquidity provider, which closed the funding in September, had minimal exposure to the collapsed exchange
Game7 Launches $100 Million Grants Program to Push Web3 Gaming Development
30.11.2022
Game7, a blockchain gaming-focused DAO (decentralized autonomous organization) has announced the launch of a $100 million grants program. The objective of this grants program is to support the Web3 gaming community in these times of market downturn and to advance the adoption of blockchain gaming...
The creator of the FTSE100 launches indices for crypto
29.11.2022
The constituent coins that make up the indices have not yet been released, but it does include performance data for the first three quarters of 2022
The World’s Largest NFT Marketplace Opensea Adds BNB Blockchain Support
29.11.2022
On Tuesday, the world’s largest non-fungible token (NFT) marketplace in terms of overall NFT sales volume, Opensea, announced that BNB blockchain-based NFTs will be supported on the marketplace platform. With BNB blockchain support, Opensea users will be able to purchase and list BNB...
$16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report
29.11.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss if Bitcoin can actually drop all the way down to $12,000 or $14,000 and how the markets could potentially react
Crypto Gaming Remains Resilient Despite Market Crash, This New Crypto Raised $2 Million in Bear Market
29.11.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Despite the current bearish sentiment in the crypto market, blockchain gaming has remained strong and is doing well. Calvaria, the newest and most...
Biggest Movers: LINK Hits 20-Day High, DOGE Rebounds From Monday’s Losses
29.11.2022
Chainlink raced to a 20-day high on Nov. 29, as the token surged for a second straight day. Cryptocurrency markets were mostly higher in today’s session, following a sluggish start to the week. Dogecoin was another notable gainer on Tuesday, as the meme coin rebounded from yesterday’s losses....
How stable are stablecoins in the FTX crypto market contagion?
29.11.2022
The collapse of crypto-exchange FTX hit the crypto world like a tropical storm. It bears asking once again: How stable are stablecoins?