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Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows
17.10.2022
Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to a new research covering the period since the start of the war in Ukraine. Industry experts behind the study say that bitcoin’s lower valuation and financial restrictions increasingly...
GPB points towards increased volatility for the UK capital market
17.10.2022
Liz Truss lost her position after her credibility went for a ride post the u-turn on tax cuts. There is a gap between her government and the capital market, which is becoming more evident with each passing day. Higher volatility in GBP is now inevitable, with support from the chances that...
Report: Ghanaian Currency Slips to Another Low Versus the US Dollar
17.10.2022
After it slipped to a rate of about 12:1, the Ghanaian cedi became the latest African currency to touch a new low versus the U.S. dollar, albeit on the unofficial foreign exchange market. Having started 2022 trading around 6.25 per dollar, the cedi has now lost over 90% against the appreciating...
Three Aussie crypto funds halted as regulator cites non-compliance
17.10.2022
Three funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to "non-compliant" target market determinations
Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession
17.10.2022
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
16.10.2022
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June...
Binance to Offer $500 Million Worth of Loans to Crypto Mining Industry
16.10.2022
Cryptocurrency exchange Binance has set out to support crypto miners through a lending program established by its mining pool. Presenting the initiative this week, the coin trading platform also unveiled that Binance Pool intends to launch cloud mining products. Leading Exchange Binance Looking...
FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
16.10.2022
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists...
Big Eyes Coin enters stage 4 of presale; Ready to take over the market like Avalanche and Nexo
15.10.2022
Cryptocurrency, often known as digital money, is a digital currency transacted on the internet using a decentralized digital ledger. Cryptocurrencies could potentially assist in maintaining economic stability due to their decentralization from regulating organizations such as governments. There...
Biggest Movers: QNT Hits 10-Month High on Saturday
15.10.2022
Quant rose to its highest point since the start of the year on Saturday, as prices climbed for a third straight session. In addition to this, tron was also higher, as the token attempted to break out of a key resistance point. Overall, cryptocurrency markets were down 1.95% as of writing. Quant...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Reenter the Market
15.10.2022
Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards $20,000. Ethereum was also down today, falling below $1,300 in the process. Bitcoin...
CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
15.10.2022
FTX’s proposal to cut out the middlemen in U.S. crypto derivatives has shaken traditional financial firms, but the chairman of the Commodity Futures Trading Commission (CFTC) said the idea could mark an “evolution” in the way markets work
Mango Market's DAO forum set to approve $47M settlement with hacker
14.10.2022
Over 98% of voting tokens favor the deal, which also stipulates that Mango Markets won't pursue criminal charges
3 emerging crypto trends to keep an eye on while Bitcoin price consolidates
14.10.2022
BTC’s price is range-bound, giving other assets room to gain a foothold in an otherwise down market
Market Wrap: Crypto Markets Take Quieter Ride Following Thursday’s Roller Coaster
14.10.2022
Prices are relatively flat across the board following a tumultuous week of discouraging economic indicators. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Crypto Market Maker Wintermute Pays Off $96M TrueFi Debt Weeks After Being Hacked
14.10.2022
The TrueFi loan was one of the firm's largest outstanding known debts owed to a DeFi lending platform
Crypto Boutique Law Firm Roche Freedman Removed From Class Action Against Tether
14.10.2022
After a Manhattan federal judge blasted Roche Freedman LLP founding partner Kyle Roche’s public statements, the judge has removed the crypto boutique law firm from the market manipulation lawsuit against Tether and Bitfinex. The recent hearing has shown that U.S. district judge, Katherine...
Bitcoin bear market will last '2-3 months max' —Interview with BTC analyst Philip Swift
14.10.2022
On-chain data is showing there is light at the end of the tunnel for Bitcoin hodlers, says LookIntoBitcoin creator, Philip Swift
Biggest Movers: XRP, ATOM Rebound From Recent Declines
14.10.2022
Xrp rebounded from recent drops in price on Friday, as the token surged by nearly 10% in today’s session. Cosmos was another notable gainer, as it snapped a four-day losing streak. Overall, cryptocurrency markets were mostly higher, with the global market cap up nearly 5% as of writing....
Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge, as US Inflation Uncertainty Fades
14.10.2022
Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%. Despite this, traders seem to have breathed a sigh of relief, as the uncertainty surrounding...