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Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
From a $32 Billion Valuation to Financial Troubles: An In-Depth Look at the Rise and Fall of FTX
10.11.2022
During the last two days, the cryptocurrency community has been dealing with the FTX fiasco after Binance revealed that it was backing out of the deal to acquire the rival exchange. Between Nov. 8-9, the crypto economy shed more than $230 billion in value as FTX’s troubles shook investors....
Sam Bankman-Fried apologizes over FTX liquidity crisis: 'I fucked up twice'
10.11.2022
According to the FTX CEO, Alameda Research was also “winding down trading” but United States-based exchange FTX US “was not financially impacted” by recent events
Bitcoin (BTC) and Cardano (ADA) are finally in the green, while Orbeon Protocol (ORBN) has been rising for weeks
10.11.2022
Bitcoin (BTC) and Cardano (ADA) are finally in the green after the bruising crypto bear market. Investors are looking to pile into these types of top ten coins, but what is the upside? Oberon Protocol (OBRN) could provide a better option for crypto enthusiasts as the project targets a niche market...
Put Rocketize ahead of Dogecoin and Cronos in your investment portfolio
10.11.2022
For more than a decade, cryptocurrencies have been in the spotlight, with both the mainstream media and traders reporting on their remarkable rise. There are hundreds of different cryptocurrencies, but the majority fall into one of two main categories: decentralized or centralized. Users control...
Binance shares wallet addresses and activity after proof of reserve pledge
10.11.2022
Days after CZ took to Twitter to announce a new proof-of-reserve system for Binance users, the site went live with public details of its wallet addresses and on-chain activity
Binocs launches Australian Crypto exchanges app
10.11.2022
While cryptocurrency market surges are seen in Australian crypto investors and traders, the Australian Tax Office(ATO) has imposed a few rules and regulations concerning the taxation of crypto exchanges. Although the crypto gains are subject to Capital Gains Tax, the income is considered among...
Reliable crypto assets to add to your portfolio: Fantom, Cosmos, and Big Eyes
10.11.2022
Are you seeking for any reliable new crypto investments that might make your money in the upcoming months work for you rather than against you? Although the terrain of the present bear market has been somewhat challenging to navigate, there is still plenty of profit to be had if you know where...
Cryptocurrencies with long-term potential: Cardano, Ripple, Budblockz, Solana
10.11.2022
The bear market continues to fuel the interest in cryptocurrencies with long-term potential. Some crypto projects have already been extremely valuable in the current weak market and are a great long-term investment opportunity. This article covers four crypto coins that have shown true potential...
Brian Armstrong pushes to have an easy spot on US Cos. amid FTX crisis
10.11.2022
FTX now sees nothing going in its favor. The Securities and Exchange Commission and the Department of Justice are investigating the venture’s handling of customer funds. Certain assets should have been registered with the SEC; otherwise, FTX could be charged with breaking US regulations...
FTX loses Binance as a savior
10.11.2022
FTX came out to report that it was suffering from a liquidity crunch. With the exception of Binance, which expressed interest in acquiring FTX’s non-US operations, a number of businesses began to withdraw from FTX. Binance’s decision to back out of the deal, citing concerns about...
SOL raises interest rates to overcome Solend liquidity crises
10.11.2022
Investors on Solana, a top blockchain platform, are in a state of panic after the apparent fall of the FTX cryptocurrency exchange. The other centralized exchange eventually stopped stablecoin trades through Solana on Tuesday. In the wake of this week’s decline in the value of Solana’s...
Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX
10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...
Ledger hardware wallets hit by the FTX earthquake, CTO says
10.11.2022
Some Ledger users weren’t able to process withdrawals using Ledger Live on Wednesday, according to social media reports
Queen Maxima of Netherlands Sees Multiple Benefits of Digital Euro
10.11.2022
Queen Maxima of the Netherlands has outlined multiple benefits central bank digital currencies (CBDCs) could bring, particularly in the area of financial inclusion. “Governments could use a digital euro to channel financial support to low-income households. This would deepen longer-term...
Incredible 90% Guaranteed APY Will Generate Far Greater Wealth than Other Quality Crypto like Tamadoge and Klaytn
10.11.2022
Oryen (ORY) promises a 90% increase in its cryptocurrency investment for investors. The measure of the amount investors earn from digital assets is known as the Annual Percentage Yield or APY. The higher the APY of an asset, the more investors can earn on such an asset. Over the years, crypto...
Crypto.com commits to proof-of-reserves after halting certain deposits and withdrawals
10.11.2022
"We share the belief that it should be necessary for crypto platforms to publicly share proof of reserves," the Crypto.com CEO said
Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX
10.11.2022
According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in...
OKX, Kucoin say proof of reserves will be ready in a month
9.11.2022
Similar protocols are used by Kraken, Bitmex, Gate.io, and many other exchanges, but were not used by FTX
MiCA proponent cites FTX in advocating for regulation: 'Crypto assets are not play money'
9.11.2022
"With a global MiCA, the FTX crash would not have happened," said European Parliament economics committee member Stefan Berger