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Poloniex launches the lowest futures trading fees in the industry
15.11.2022
Global cryptocurrency exchange Poloniex has optimized the payment system for USDT-collateralized perpetual contracts to give buyers the lowest fees available. As of today, all customers who trade USDT-collateralized perpetual contracts on Poloniex will pay Maker and Taker fees of 0.01% and 0.04%...
BlockFi expresses its anguish regarding FTX’s bankruptcy
15.11.2022
BlockFi has gone the extra mile and made a public announcement regarding its sheer anguish. This is in reference to how the negative situation at FTX appears to be having a terrible impact on all of its clients. This is their method of reaching out to their customers in an attempt to get them...
Visa Terminates Agreements With Bankrupt Crypto Exchange FTX
15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...
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...
Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’
15.11.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bottom is in.” He is now pushing for crypto regulation. “What I’m...
FTX collapse followed by an uptick in stablecoin inflows and DEX activity
14.11.2022
Investors piled into stablecoins following FTX’s collapse and an uptick in DEX activity suggests a rising interest in self-custody options
BlockFi denies rumors that majority of its assets were held on FTX
14.11.2022
Although it admitted to “significant exposure,” the crypto lender assured clients that it has “the necessary liquidity to explore all options.”
Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse
14.11.2022
PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, influencers and professional traders who are distressed by the FTX collapse. The market witnessed...
The Key to Taxing Digital Assets Is Finding the Right Cubbyhole
14.11.2022
The government may write special rules regarding the treatment of the new asset within the cubbyhole, but there will be an existing tax bucket for every new idea, says KPMG's Tony Tuths
Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’
14.11.2022
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was revealed that a transfer of $400 million was made to gate.io in recent weeks. Polygon also...
Crypto Trading Platforms Deal With Massive Withdrawal Requests — Over $5 Billion in BTC, ETH Removed From Exchanges
14.11.2022
During the last week, the crypto community has been dealing with the demise of FTX and its affiliated crypto businesses, and ever since then, the proof-of-reserves topic has found its way to the forefront of conversations. Another silver lining to the fiasco is the fact that cryptocurrency...
The State of Crypto Taxation in India: Past, Present and Future
14.11.2022
Even though the legality of crypto in India is still a matter of debate, new crypto tax laws are already affecting businesses and individuals
Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
14.11.2022
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with...
FTX tokens (FTT) Fails 80%; BudBlockz (BLUNT) just about to rise
14.11.2022
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across digital asset markets. Alameda and FTX are parts of the rapidly diminishing crypto empire owned...
FTX tokens (FTT) falls 80%; BudBlockz (BLUNT) just about to rise
14.11.2022
The FTX Token (FTT) fall raises concern about the financial troubles of crypto trading firm Alameda Research. It has fueled what appears to be a contagion that has driven down prices generally across digital asset markets. Alameda and FTX are parts of the rapidly diminishing crypto empire owned...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
14.11.2022
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from...
Binance to remove FTT spot pairs
14.11.2022
Binance has published a notice on its official website, informing all traders that it will remove FTT spot pairs, namely FTT/BNB, FTT/BTC, FTT/ETH, and FTT/USDT. The update goes into effect on November 15, 2022, at 4:30 UTC. The assets can only be traded in FTT/BUSD. Trade orders will...
Polygon (MATIC), Maker (MKR), and Snowfall Protocol (SNW) are three cryptocurrencies that are gaining momentum!
14.11.2022
Snowfall Protocol (SNW) is up 500% since inception and poised to go higher, but why? Let’s dig a bit deeper, and we’ll look at Polygon (MATIC) and Maker (MKR). There is no such thing as a get-rich-quick; there are simply good investments that do well and others that lose! And I’ve...
Bahamas investigating FTX for potential criminal wrongdoing
14.11.2022
The allegations of criminal misconduct and other fraudulent acts involving FTX are currently being investigated by financial investigators working in close coordination with the relevant authorities at the Bahamas Securities Commission. This pertinent information was provided by dependable sources...
Why are investors choosing Orbeon (ORBN) over STEPN (GMT) and Avalanche (AVAX)?
14.11.2022
In an ever-growing world of digital currencies and projects, investors have to get selective about their portfolios. It is no longer just about potential but the pace at which the projects can provide returns to investors. For that reason, many investors are now turning to Orbeon Protocol (ORBN)...