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Bitcoin’s bear market is far from over, but data points to improving investor sentiment

December 12, 2022 by

Crypto investor sentiment saw a slight upswing, but the potential of a deep liquidity crisis in the sector could keep investors at bay.

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Argo Blockchain reports insufficient funds, ‘no assurance’ it can avoid Chapter 11 bankruptcy

December 12, 2022 by

According to the mining firm, “inadvertently published materials” led to the suspension of trading of Argo Blockchain on the London Stock Exchange and Nasdaq on Dec. 9.

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SBF misses the Senate hearing but promises to testify to the House: Law Decoded

December 12, 2022 by

Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13.

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Price analysis 12/12: SPX, DXY, BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT

December 12, 2022 by

Cryptocurrency and stock markets could see a sharp spike in volatility due to this week’s CPI print, interest rate hike and a conference from Federal Reserve chair Jerome Powell.

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Bitcoin traders cross fingers in hopes that a positive Fed meeting triggers a run to $18K

December 12, 2022 by

All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000.

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Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow

December 12, 2022 by

The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow.

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NYC Mayor stands by Bitcoin pledge amid bear market, FTX: Report

December 12, 2022 by

During Eric Adams’ time in office, the NY state government passed a law which will implement a two-year moratorium on proof-of-work mining, and the crypto market turned bearish.

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Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely

December 12, 2022 by

The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena.

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SushiSwap CEO reveals DEX lost $30M on LP incentives this year

December 12, 2022 by

“Ultimately, we must harden the business model to produce more swap volumes & generate more fees,” wrote CEO Jared Grey.

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Hackers copied Mango Markets attacker’s methods to exploit Lodestar: CertiK

December 12, 2022 by

The attacker made close to $6.9 million in profits and left users with a pile of bad debt.

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BTC price shakes off Binance ‘FUD’ as analysts eye Q1 2023 Bitcoin bottom

December 12, 2022 by

BTC price stability remains for the time being, but there’s plenty in store to “scare” Bitcoin traders.

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NFT project blocks Chinese Twitter comments citing the need for ‘North American expansion’

December 12, 2022 by

NFT artist SHHAN previously told users to “switch to English” in the community chat, which went largely unfollowed.

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US DOJ split over charging Binance in the 2018 AML investigation: Report

December 12, 2022 by

Binance has faced compliance warnings from many countries over the past couple of years, but it managed to overcome those shortcomings in most nations barring the U.S.

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What is a Doji candle pattern and how to trade with it?

December 12, 2022 by

ADoji candlestick shows indecisiveness in the market, wherein buying and selling behavior offset each other in a particular timeframe.

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Industry execs voice confidence in DeFi adoption despite security flaws

December 12, 2022 by

1inch Network co-founder Anton Bukov believes that recent events in the centralized finance space have highlighted the importance of DeFi.

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Bybit joins trend, releases Merkle Tree-verified proof of reserves

December 12, 2022 by

The Dubai-based exchange released its reserve wallet addresses shortly after the FTX fiasco began, and now it launched a verification system for users to track its holdings.

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Bitcoin Lightning Network to be used in fiat transfers between EU and Africa

December 12, 2022 by

CoinCorner and Bitnob teamed up to create cross-border transactions between the UK and Europe to Africa via the Bitcoin Lightning Network.

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‘Biggest week of the year’ — 5 things to know in Bitcoin this week

December 12, 2022 by

Bitcoin price action, sideways since FTX, could see snap volatility thanks to the “most important” CPI print of the year.

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Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange

December 12, 2022 by

While some execs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of self-custody.

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Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’

December 12, 2022 by

Former BitMEX CEO thinks the Bitcoin price could have reached the bottom after most of the “irresponsible entities” have all run out of Bitcoin to sell.

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US senator calls on SEC’s Gensler to answer for ‘regulatory failures’

December 12, 2022 by

Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy.

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NFT market held back by oversupply, greed and bad projects: Gary Vee

December 12, 2022 by

The number of celebrities, brands and artists that hopped on the NFT bandwagon was bound to cause supply and demand issues, said the Vee Friends creator.

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Bank of England opens applications for ‘proof of concept’ CBDC wallet

December 12, 2022 by

The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.

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US Senator: There’s ‘no reason why’ crypto should exist

December 12, 2022 by

Senator Tester is one of many Democratic senators slamming crypto of late, arguing that as the sector is backed by nothing, and provides nothing, thus there’s “no reason” why it should exist.

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Crypto spam bots go silent while Musk promises to prosecute scammers

December 12, 2022 by

Some users in the crypto Twitter space are already reporting a reduction in the number of scam bots after Elon Musk’s latest changes to the social media platform.

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SBF wants to start a new business, officially added as hearing witness

December 12, 2022 by

With FTX creditors numbering over one million and owed up to $50 billion, FTX’s old CEO said he’s interested in starting a business to repay them all.

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Terra co-founder Do Kwon hiding out in Serbia, says authorities

December 12, 2022 by

South Korean authorities have requested cooperation from the Serbian government in order to bring Kwon back to face charges in South Korea.

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Bitcoin’s boring price action allows XMR, TON, TWT and AXS to gather strength

December 11, 2022 by

BTC’s price range is tightening in preparation for a potential range expansion. Meanwhile, XMR, TON, TWT and AXS are maintaining their bullish momentum.

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3Commas denies staff members stole API keys

December 11, 2022 by

Crypto trading firm also rejects claim that users’ API keys were leaked and urges users to file a police report.

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Binance’s proof-of-reserves raises red flags: Report

December 11, 2022 by

Corporate structure, Bitcoin liabilities and internal control quality are among the points of concern.

Categories CoinTelegraph, Crypto Leave a comment
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