by Michael
The ongoing FTX saga has injected more uncertainty into an already shaken market. If it was not clear already, even the biggest centralized exchanges can fail. The problem is multi-faceted. On the one hand, just like in traditional finance, centralized institutions... 
by Michael
Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), is trading close to 50% below the BTC price on spot markets. Data from on-chain analytics platform Coinglass confirms that on Dec. 8, GBTC shares hit a new record low of -47.2% against BTC/USD. GBTC... 
by Michael
Terra Luna Classic price crawled back on Thursday. The number of LUNC holders has been stable. USTC price soared by over 20%. Terra Luna Classic price crawled back on Thursday as investors reacted to the strong comeback of USTC. It rose to a high of $0.00017, which... 
by Michael
Over the last few months, the crypto market has largely been pretty serene. Bitcoin had been in crab motion around $20,000 for quite a while, as it plodded along while waiting for the wider macro conditions to make a move. I wrote in late October to be cautious around... 
by Michael
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The new limits, which... 
by Michael
Messaging app Telegram has rolled out a new update enabling users to create accounts using blockchain-based anonymous numbers, as opposed to cell phone numbers. Telegram already hides people’s private phone numbers from non-added users on the app, however, users will... 
by Michael
The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction chart has shown. Ethereum is nonetheless projected to close the following day trading above $1,000. According to the Coincodex... 
by Michael
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of... 
by Michael
A Central Bank Digital Currency (CBDC) pilot program in Australia has received more than 140 use case proposals from the finance industry, but the Reserve Bank of Australia (RBA) warns that it could displace the Australian dollar and result in people avoiding... 
by Michael
Nifty Gateway officially launches on the Immutable X network. IMX has lost nearly 10% of its value and could dip further before the end of the day. The broader crypto market continues its poor performance this week. Nifty Gatesway launches on Immutable X IMX, the... 
by Michael
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a bill designed to regulate the sector which is likely to be adopted... 
by Michael
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe focus a little more on crypto.” JPMorgan Chase’s... Page 2,300 of 4,509« First«...102030...2,2982,2992,3002,3012,302...2,3102,3202,330...»Last » Translate »
