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Tether vs. USD Coin on-chain data reveals two very different stablecoins
23.11.2022
The market cap of Tether dropped amid the FTX fiasco while USD Coin supply increased by $2 billion
Ethereum Price Prediction – Can ETH Reach $2,000 Soon?
23.11.2022
Ethereum price bounces off support at $1,074 with a 7.4% rally in mid-week trading. This fresh bullish wave is moving across the crypto market days after the FTX drainer who made away $600 million plunged crypto assets into another tailspin.
The largest smart contracts token is exchanging hands...
Binance and Paxos’s BUSD: High Quality Reserves, Audits, and Regulation
23.11.2022
What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this piece is intended as an explanation of BUSD. First and foremost, BUSD is a stablecoin pegged to the US Dollar...
Bitcoin regains the $16k mark: Will BTC continue the recovery?
23.11.2022
Bitcoin is a leading cryptocurrency that runs on a Proof of Work consensus. After the FTX liquidity crisis, investors started questioning the sustainability of decentralized crypto networks, especially small and mid-caps, because it is not regulated by any central authority. Loss of value means...
Bitcoin Price and Ethereum On The Rise, El Salvador to Issue Bitcoin Volcano Bonds
23.11.2022
On November 23, the leading cryptocurrency, Bitcoin, showed signs of new recovery, having broken through the downward trendline and 50-day moving average to trade near $16,500. Similarly, Ethereum, the second-most valuable cryptocurrency, has followed Bitcoin's lead and pumped over 5%...
Bitcoin Price Prediction as Crypto Prices Crash, Here’s Where BTC is Headed Next
22.11.2022
During the European session, Bitcoin finally made some upside movement, having bounced off the double-bottom support level of $15,650. Genesis Global Capital, one of the largest cryptocurrency lenders, halted customer withdrawals due to a liquidity issue caused by an increase in withdrawal requests...
Cardano Price Forecast as Cardano Prepares to Launch New Algorithmic Stablecoin in 2023
22.11.2022
The cryptocurrency market continues to wade through the murky red waters of a bearish trend – made worse by the collapse of FTX. Despite the negative market mood, ADA has so far held well against the rest of the market, down only 0.6% in the past 24 hours.
The Cardano ecosystem continues to grow...
TRON (TRX) falls back to the ultra-strong level of $0.048!
22.11.2022
TRON blockchain has showcased immense uptrend possibilities in previous years, but even since the dark clouds emerged on cryptocurrencies, it has failed to make a comeback. Just as BTC and other tokens are facing rejection, so has this token succumbed to the intense selling pressure. Operating...
Best Crypto to Buy Today 22 November – D2T, TRX, TARO, APE, IMPT
22.11.2022
The cryptocurrency market is gradually recovering from the impact of the FTX hacker moved assets and triggered a weekend sell-off that extended to Monday. Analysts feared that major assets like Bitcoin and Ethereum would continue dumping, especially if the FTX drainer decided to offload...
Bitcoin Price and Ethereum Hold Crucial Support, Huobi Token Gains 10%
22.11.2022
Bitcoin hit a two-year low on Tuesday morning in Asian trading as investors drove down prices for most cryptocurrencies over fears that the failure of the FTX.com cryptocurrency exchange on November 11 could lead to the insolvency of other businesses with ties to the exchange.
Ethereum,...
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...
Cardano Price Forecast as ADA sees Huge $300 Million Trading Volume in 24 Hours
21.11.2022
The Cardano price is kicking off the week on a negative note amid widespread declines in the crypto market. The largest cryptocurrency, Bitcoin (BTC), is down 3.6% on the day and is trading at $16,041, while Ethereum (ETH) exchanges hands at $1,116....
Read More: Cardano Price Forecast as ADA sees...
Bitcoin Price Prediction as BTC Falls to $16,000 Support – Time to Buy the Dip?
21.11.2022
During the European session, Bitcoin continued to trade sideways, but overall the trading bias remained positive above the triple bottom support area of the $15,800 level. Digital Currency Group (DCG), a key player in the cryptocurrency sector, announced Monday that it is the parent company...
FTX submits list of creditors revealing $3B in debt
21.11.2022
The FTX crisis has reached a new level of difficulty. The business owes its unsecured creditors more than $3 billion, according to court documents. Moreover, a pair of customers are claiming to have $200 million each in their dues. Due to a lack of liquidity, FTX recently announced that it would...
Join Coco’s Carnival now at BC.GAME & win up to $2,100,000 or a Tesla
21.11.2022
The World Cup fever started to hype up in Qatar as one of the sporting industry’s most anticipated major football leagues; fans are excited about the intense competition among the participating teams. This year, the World Cup will have 64 intense matches in different cities in Qatar,...
Bitcoin close to the $16k mark: Will BTC test $10k?
21.11.2022
Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...
Will Ethereum (ETH) break the long-term support of $1000?
21.11.2022
Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...
FTX exchange suffers $59M loss due to hacking
21.11.2022
The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this loss had transferred 50,000 ETH from one of the wallets to another address. The hacker had then...
Bitcoin Price Prediction as BTC Jumps 6% From Recent Lows – Big Move Incoming?
20.11.2022
On Sunday, November 20, the total cryptocurrency market cap is $821 billion, 1.93% lower than yesterday. The market cap of DeFi coins has decreased by 1.83%.
Bitcoin, the leading cryptocurrency, has remained mostly unchanged, up 6% from a recent low of $15,828. Since Bitcoin has been trapped...
Bitcoin Price Prediction as BTC Sees $16 Billion Trading Volume Come In
19.11.2022
Bitcoin (BTC) was trading near a recent price floor as the weekend began on a bearish note. Bitcoin is trading slightly lower on Saturday, below the 23.6% Fibonacci retracement level, with resistance at $17,250.
An already negative trend has been reinforced by the continuous drop in BTC's price...