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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...
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...
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...
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
3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber
11.11.2022
On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth of 11-Year-Old Bitcoins Move Amid the Crypto Market Rout A large...
Crypto Market Maker B2C2's CEO Phillip Gillespie Departs
11.11.2022
Phillip Gillespie, the group CEO of prominent crypto market maker B2C2 has left his role and has been replaced by Nicola White, who joined the firm from Citadel Securities in 2021
JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K
11.11.2022
Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall...
Claims and rumors fuel crypto market turmoil amid FTX collapse
10.11.2022
A report from Reuters claimed that FTX used some of its customer deposits to support Alameda Research
Galaxy Digital Reveals Update on Ties to FTX, Partnership Has ‘Exposure of Approximately $76.8 Million’
10.11.2022
Following the issues surrounding FTX, the publicly-listed firm Galaxy Digital published its third-quarter earnings report and noted it has an “exposure of approximately $76.8 million of cash and digital assets to FTX.” The news follows a great number of exchange executives announcing that they...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays
9.11.2022
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60 billion in trade volume. Out of the top ten crypto exchanges by trade volume, exchanges...
Messari Releases Q3 2022 State of TRON and State of USDD Reports
8.11.2022
Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. Both reports indicated positive conclusions about the stable...
Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator
4.11.2022
The government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again...
The crypto market bottom is ‘almost in’ — Market Talks chats with trader Korean Jew Crypto
3.11.2022
Market Talks discussed the Bitcoin bottom, DOGE’s price action and signs to follow in order to know when it’s time to ape into crypto
Research report outlines why the crypto market might be on the verge of a reversal
1.11.2022
The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term
Fed Preview: As Crypto Market Sees Smaller Rate Hikes From December, Major Banks Warn 'Slower Doesn't Mean Lower'
1.11.2022
Markets are running ahead of themselves in pricing smaller Fed rate hikes and an early end of liquidity tightening, according to major investment banks
2 metrics signal the $1T crypto market cap support likely won’t hold
31.10.2022
Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,500 — Market Momentum Remains Bullish
28.10.2022
Ethereum dropped below $1,500 on Friday, as cryptocurrency markets fell following earlier gains in the week. Bitcoin was also in the red in today’s session, as the token moved closer to a breakout below $20,000. Overall, the global crypto market cap is down 1.90% as of writing. Bitcoin...
CFTC Commissioner Compares Crypto Market Crash to 2008 Global Financial Crisis – More Regulation Coming?
28.10.2022
The current crypto market downturn is comparable to the 2008 global financial crisis, and more regulatory oversight is needed, according to Christy Goldsmith Romero, commissioner of the Commodity Futures Trading Commission (CFTC)....
Read More: CFTC Commissioner Compares Crypto Market Crash to 2008...
Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets
28.10.2022
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s...
Google Admits Crypto Winter Is Hurting Ad Business
27.10.2022
The digital asset market downturn that started the current crypto winter is negatively affecting search spending, Google has acknowledged. Ad growth in the third quarter fell to a low seen only once in almost a decade, the tech company revealed this week. With Fewer Crypto Ads, Google Registers...