Crypto Currencies News page: 1

Crypto Market Enjoys Significant Gains Despite BlockFi Filling for Bankruptcy

Crypto Economy | 2022-11-29, 12:15

The cryptocurrency market was trading with decent gains on Tuesday despite crypto lender BlockFi filing for bankruptcy. It seems investors and traders have returned to the market after the Thanksgiving weekend. The crypto market seems to be enjoying a balmy

Non-whale Bitcoin investors break new BTC accumulation record

The Coin Telegraph | 2022-11-29, 12:10

Bitcoin addresses holding up to 10 BTC have been accumulating record amounts of BTC in the aftermath of the FTX collapse. ...

BlockFi makes first appearance in bankruptcy court

FX Empire | 2022-11-29, 11:41

By Dietrich Knauth (Reuters) – U.S. cryptocurrency lender BlockFi on Tuesday will make its first appearance in U.S. bankruptcy court after filing for Chapter 11 protection on Monday. BlockFi is expected to tell U.S. Bankruptcy Judge Michael Kaplan in Trenton,

FTX reportedly used Alameda’s bank accounts to process customer funds

The Coin Telegraph | 2022-11-29, 10:56

Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits. ...

Global stocks rise as China rebounds; dollar falls: markets wrap

Moneyweb | 2022-11-29, 10:41

Spot gold rose 0.7% to $1 753.83 an ounce. ...

National Bank of Ukraine releases draft concept for digital hryvnia

The Coin Telegraph | 2022-11-29, 10:21

One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. ...

Some Demand Stabilisation in Crypto

FX Empire | 2022-11-29, 10:07

Market Picture Bitcoin declined on Monday along with stock indices, testing six-day lows near $16K, following a decline in demand for risky assets due to unrest in China. Near this round level, the first cryptocurrency saw a demand, and in early trading on

ADA Price Prediction: Bulls to Target $0.320 on Risk-on Sentiment

FX Empire | 2022-11-29, 07:37

Key Insights: On Monday, ADA fell by 2.24% to end the day at $0.306. A NASDAQ Composite Index-fueled sell-off led ADA to test support at $0.300 before steadying. The technical indicators remain bearish, with ADA sitting below the 50-day EMA, to leave

ETH is on the Move, with the NASDAQ Supporting an ETH Run at $1,250

FX Empire | 2022-11-29, 06:49

Key Insights: Bitcoin (BTC) and ethereum (ETH) joined the broader crypto market in the red on Monday. Risk aversion swept across the global financial markets on news of protests across China over the government’s zero-COVID policy. However, market risk

Cryptoverse: Messi takes on Ronaldo in fan coin world cup

FX Empire | 2022-11-29, 06:49

By Medha Singh and Lisa Pauline Mattackal (Reuters) – The market for fan tokens, a volatile cocktail of crypto and sport, is heating up in the desert of Qatar. Interest in this niche breed of cryptocurrencies, typically linked to sports teams like Barcelona or

Crypto exchange Bitfront shuts down

FX Empire | 2022-11-29, 06:49

(Reuters) – Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving

FTX collapse sends shockwaves through other Australian businesses

The Guardian | 2022-11-29, 05:34

Withdrawals now suspended at the Brisbane-based cryptocurrency exchange Digital Surge for more than a week Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails , free app or daily news podcast The collapse of the

DOGE Bulls Target $0.11 as Investor Focus Returns to Twitter Plans

FX Empire | 2022-11-29, 05:03

Key Insights: Dogecoin (DOGE) and shiba inu coin (SHIB) joined the broader market in the red on Monday, with DOGE seeing red for the second time in four sessions. Sentiment towards DOGE integration onto the Twitter payment platform took a backseat, with

XRP Faces a Jittery Few Days as the Focus Returns to SEC v Ripple Case

FX Empire | 2022-11-29, 04:18

Key Insights: On Monday, XRP fell by 1.91%, marking the second loss in eight sessions. Investor optimism toward a favorable outcome to the SEC v Ripple case took a backseat, with the NASDAQ Index weighing on investor sentiment. The technical indicators are

The crypto-collapse: inside the crazy world of FTX - podcast

The Guardian | 2022-11-29, 04:04

The cryptocurrency exchange FTX collapsed earlier this month, leaving billions of dollars unaccounted for. Alex Hern explores what happened and where the money went For a time, it seemed that everything Sam Bankman-Fried touched turned to gold. He’d been a

BTC Fear & Greed Index Avoids Extreme Fear Despite NASDAQ Loss

FX Empire | 2022-11-29, 03:33

Key Insights: On Monday, bitcoin (BTC) fell by 1.36% to end the day at $16,212, with support at $16,000 limiting the downside. Risk aversion stemming from protests in China weighed on the NASDAQ Index and BTC, with news of BlockFi filing for bankruptcy adding

Crypto Market Daily Highlights – BNB Led a NASDAQ Fueled Pullback

FX Empire | 2022-11-29, 01:03

Key Insights: It was a bearish Monday session for the crypto top ten. Binance coin (BNB) led the way down for a second consecutive session. Risk aversion stemming from China protests sent the crypto market into the red, with news of BlockFi filing for

Bitcoin capitulations abound — Data shows realized and unrealized losses at record-highs

The Coin Telegraph | 2022-11-28, 22:55

Bankruptcies, shrinking profit margins and traders realizing hefty losses are all signs of capitulation from various market participants. ...

FTX collapse impacts Miami’s nightclub scene: Report

The Coin Telegraph | 2022-11-28, 22:19

Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene. ...

Compound Finance to impose lending caps in light of failed Aave exploit

The Coin Telegraph | 2022-11-28, 21:43

Some illiquid altcoins will have their borrow limit reduced by upwards of 99%. ...

Controlling shareholders' stakes in GBTC are 'highly illiquid': Report

The Coin Telegraph | 2022-11-28, 21:06

"It's net good news for GBTC shareholders and FUD fighting," said Selkis. ...

Crypto exchange Kraken settles U.S. investigation over alleged Iran sanctions violations

FX Empire | 2022-11-28, 21:02

(Reuters) – Crypto exchange Kraken has agreed to pay a fine to settle civil liability related to apparent violations of sanctions on Iran, the U.S. Treasury Department’s Office of Foreign Assets Control said on Monday. As part of the settlement with OFAC,

FTX's collapse shows that lawmakers need to learn more about crypto to properly regulate it, ...

Business Insider | 2022-11-28, 20:54

Cynthia Lummis Tom Williams / Getty Images FTX's collapse underscores the need for US lawmakers to learn about crypto and widen regulation, Senator Cynthia Lummis says. Lummis introduced a bipartisan crypto bill with Democratic Senator Kirsten Gillibrand in

MakerDAO community votes against CoinShares' 500M investment proposal

The Coin Telegraph | 2022-11-28, 20:48

About 72.43% of the community votes went against CoinShares' proposal to invest MakerDAO’s funds into various traditional assets ...

Major Cryptocurrencies Technical Analysis: BTC/USD Eyeing Lower While LTC/USD Is Poised to Climb

FX Empire | 2022-11-28, 19:32

Charts: TradingView BTC/USD: Daily Timeframe We have an interesting technical landscape to work with on bitcoin versus the US dollar (BTC/USD). Since November 2021, buyers have essentially been on the ropes, plummeting an eye-popping 78%. Also of technical

Crypto lender BlockFi files for Chapter 11

FX Empire | 2022-11-28, 19:32

(Reuters) – U.S. cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight affiliates in a New Jersey court, the latest casualty since FTX’s collapse earlier this month triggered instability in the crypto

BlockFi Files for Bankruptcy Months After Accepting Helping Hand From FTX

Gizmodo | 2022-11-28, 18:28

Crypto lender BlockFi was once eager to hand

BlockFi Files For Bankruptcy

FX Empire | 2022-11-28, 18:26

Key Insights Crypto lender BlockFi, which halted withdrawals after the collapse of the crypto exchange FTX, has finally filed for bankruptcy. At first glance, BlockFi has enough liquidity to ensure an orderly bankruptcy process. Crypto markets are under some

Crypto lender BlockFi files for bankruptcy after FTX collapse

The Guardian | 2022-11-28, 18:08

BlockFi announces Chapter 11 bankruptcy filing in US as fall of FTX continues to reverberate across industry The crypto lender BlockFi has become the sector’s latest big operator to declare bankruptcy, as the fallout of the collapse of offshore cryptocurrency

Crypto Trends and Predictions for 2023

Crypto Economy | 2022-11-28, 17:54

2022 has been a year that most crypto investors will be happy to put behind them. It is hard to believe that little more than 12 months have passed since Bitcoin was at a record $60,000. The FTX debacle has led to a rush of investors pulling their digital

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