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Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets
15.11.2022
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from FTX’s Sam Bankman-Fried, who cryptically tweeted “What happened” to his...
BudBlockz presale doubles investors’ money: Is it the next STEPN?
15.11.2022
STEPN successfully united fitness and gaming with non-fungible tokens (NFT). BudBlockz looks like it could be following in its footsteps, as it is expected to make waves in the marijuana industry. Cryptocurrencies have been around for a while, and thousands of them are in the market. Dozens of...
Axie Infinity P2E outranked as hot new Toon Finance coin takes over
15.11.2022
Toon Finance Takes over P2E industry If you look at Axie Infinity at its peak, you will soon see that it had well over 3 million players. The market cap also stood at $10 billion as well. Players in a lot of developing countries were said to be reporting way more money from playing the …
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...
Biswap x IguVerse, a collaboration to look out for
15.11.2022
Biswap and IguVerse could soon head into what one can only call the mighty integration in the Web3 gaming industry. There will be numerous advantages and opportunities for users as a result of the collaboration. One of these is the BNB Chain’s ability to execute transactions quickly...
FTX debacle sees Nansen take stock of major exchange onchain holdings
15.11.2022
Blockchain analytics firm Nansen has released an overview of major cryptocurrency exchanges’ onchain asset holdings and portfolios in the wake of FTX’s collapse
Trezor reports 300% surge in sales revenue due to FTX contagion
15.11.2022
The hardware wallet firm is certain that the latest uptick in demand is a result of investors rescuing their funds in the aftermath of the FTX failure
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...