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Crypto Prices Explode CPI Day as Inflation Falls, Traders Call Macro Bottom - Which Coins to Buy
13.12.2022
Stocks and the Bitcoin price pumped to $18,000 on bullish CPI data below forecast, 7.1% year on year versus 7.3% expected.
Bitcoin is currently up 5% in the past day, trading back above the June lows of $17,500 broken following the collapse of FTX exchange. Ethereum and many of the big caps...
Crypto Whales Just Added These Coins to Their Portfolios – Find Out Why
12.12.2022
If you've been paying any attention at all to the cryptocurrency market, you know that it is currently in bear territory. This news is good for investors looking to buy cryptocurrencies at a lower price point, as so far, crypto markets have always bounced back to much higher levels after every...
Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits
12.12.2022
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits. Bybit to Limit Services...
Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance
11.12.2022
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit,...
Oryen Network shows DeFi interest still alive after large volume of BUSD and USDC come in for presale tokens
11.12.2022
As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today is Oryen (ORY). Oryen’s presale success has shown that there is still lots of DeFi interest...
Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says
11.12.2022
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s financial intelligence agency. At the same time, the regulator supports prohibiting payments with digital coins...
Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
10.12.2022
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed...
Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported
10.12.2022
The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or only under special legal regimes in Russia, as an exception. Russia’s Central...
Meme Coin Economy Heals After the FTX Fiasco Swelling by $1.4 Billion in 30 Days
10.12.2022
The meme coin economy has seen its value increase 7.77% against the U.S. dollar during the last month, as the meme token market leader dogecoin jumped 29.4% higher in 30 days. Dogecoin has also managed to move from the ninth-largest market cap position to the eighth-largest crypto market valuation...
Why is Crypto Going Up – DXY Down, Time to Buy Coins For Altcoin Season?
9.12.2022
On Friday, a weaker dollar may have helped propel crypto prices upward as stock market investors remained cautious after U.S. inflation numbers came in at historically high levels despite a slight easing, and uncertainty around the upcoming FOMC meeting next week....
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After Bitcoin & Ethereum Price Recovery New Crypto Coins Set to Pump?
9.12.2022
The Bitcoin price is up over 2% and the ETH price nearly double that - is it time to buy new cryptocurrencies for altcoin season?
The crypto markets still have to contend with PPI data later today then CPI and FOMC next week, but at press time Bitcoin has closed four hour candles just over the...
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
7.12.2022
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at...
Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022
5.12.2022
In a number of recent interviews, the former co-founder of FTX, Sam Bankman-Fried (SBF), explained that he “wasn’t running Alameda” and he “didn’t know the size of their position.” In a more recent discussion with The Block’s Frank Chaparro,...
Uzbekistan Approves Rules for Issuance and Circulation of Crypto Assets
3.12.2022
The authority responsible for crypto oversight in Uzbekistan has determined the order of issuing and circulating digital assets in the country. The main reason behind the move is to establish a mechanism that would allow local companies to attract capital through coins and tokens. Uzbekistan...
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...
Crypto's Ugly November Draws to Close With ‘Sam Coins’ in Gutter, Bitcoin Down 18%
30.11.2022
FTT, Serum's SRM and Solana's SOL tumbled following the FTX collapse in November. Bitcoin had its worst loss in five months
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...
Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive
29.11.2022
The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the world will use the two incidents to justify...
Experts Believe These Coins Will Beat the Bear Market and Come Out Stronger on the Other Side
28.11.2022
The cryptocurrency bear market rages on, with many cryptocurrencies trading at a fraction of their all-time highs. Ethereum has been particularly hard hit today and is now down over 75% from its all-time high a little over a year ago of $4,811 – with a fresh 4.44% leg down so far on Nov....
“Not your keys, not your coins”… Take Back Control, The Easy Way
28.11.2022
Consumers have long trusted their banks to look after their money because they know that they’re insured against theft and loss. Simply put, if the bank goes out of business and loses the money of its account holders, those people can still get their money back. It’s because of this trust that...