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Billionaire Mike Novogratz Says These Cryptos Are Here to Stay Despite Current Bear Market – Here’s What You Need to Know
28.11.2022
Michael Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, named two major cryptocurrencies among those that are here to stay despite the massive turbulence seen in the crypto market this year: bitcoin (BTC) and ethereum (ETH).
The CEO shared...
After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market
27.11.2022
On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took...
How bad is the current state of crypto? On-chain analyst explains
25.11.2022
Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin's on-chain data gives investors hope
Bitcoin, Ethereum Technical Analysis: ETH Slips Below $1,100 Ahead of FOMC Minutes Report
22.11.2022
Ethereum fell below $1,100 on Nov. 22, ahead of tomorrow’s much anticipated United States Federal Open Market Committee (FOMC) minutes release. Many are looking toward this report for hints from the U.S. Federal Reserve, in terms of when it could pivot from current policy. Bitcoin was also...
Vitalik Buterin: Singapore’s Current Crypto Regulation Is Not Working – Here’s Why
21.11.2022
A resident of Singapore, Ethereum (ETH) co-founder Vitalik Buterin says that the country’s financial regulator, the Monetary Authority of Singapore, is enforcing a regulatory approach to crypto he calls “tough balance”. While he appreciates some of the regulator’s policy choices, he also states...
Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’
21.11.2022
On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current...
Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
19.11.2022
Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services....
Ripple CEO Says Current Crisis Will Make Crypto Stronger, Announces Huge Updates
17.11.2022
While FTX’s sudden collapse continues to fuel uncertainty among the world’s crypto investors, some industry representatives believe that the cryptosphere could emerge stronger from the turmoil. This is according to Brad Garlinghouse, the CEO of US blockchain company Ripple Labs, who has also...
New FTX CEO Says Sam Bankman-Fried Does Not Speak on Firm’s Behalf, After SBF’s Candid Interview With Vox
17.11.2022
Following the former FTX CEO Sam Bankman-Fried’s (SBF) interview with the New York Times and several direct text messages with Reuters, SBF recently did a much longer and more candid interview with Vox journalist Kelsey Piper. After the interview done via Twitter direct messages, the current...
Matt McGuire, CTO of Caduceus, on Metaverse Development, Caduceus and the Current Crypto Landscape | Ep. 176
16.11.2022
In an exclusive interview with cryptonews.com, Matt McGuire, CTO of Caduceus, talks about the future of metaverse development, the current crypto landscape, and the importance of being RVM compatible. ...
Read More: Matt McGuire, CTO of Caduceus, on Metaverse Development, Caduceus and the Current...
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
14.11.2022
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest...
SBF’s ‘Truly Trustless’ Protocol — Serum’s Upgrade Authority May Be Tainted, Devs Look to Fork Project
13.11.2022
According to Solana’s founder, Anatoly Yakovenko, Serum developers are forking the platform because the “upgrade key to the current one is compromised.” Serum, created by FTX’s Sam Bankman-Fried (SBF), was touted as “completely permissionless,” but now that...
Blockfi Pauses Customers Withdrawals, Cites ‘Lack of Clarity’ on FTX’s Status as Cause
11.11.2022
Blockfi, a cryptocurrency lending platform, has announced that it is limiting the operations of its platform and pausing customer withdrawals. The company issued a letter where it states that this decision was caused by the “lack of clarity” on the current state of FTX, which...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
3.11.2022
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower...
A positive outlook on the current situation of Web3
31.10.2022
A decentralized autonomous organization (DAO) is the community in the metaverse that showcases expressions and opinions about Web3 on the whole. Therefore, the current need of the hour is to have a deeper understanding and further study exactly what this entails. The first phase in this process...
Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’
29.10.2022
Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but also that the sector was still in its early stages...
Google Admits Crypto Winter Is Hurting Ad Business
27.10.2022
The digital asset market downturn that started the current crypto winter is negatively affecting search spending, Google has acknowledged. Ad growth in the third quarter fell to a low seen only once in almost a decade, the tech company revealed this week. With Fewer Crypto Ads, Google Registers...
Stablecoins: A New Key to Success in the Current Crypto Market
25.10.2022
TKTK
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
25.10.2022
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current...
Market Wrap: Bitcoin Holds Its Perch Over $19K and Is Likely to Continue Trading in Its Current Narrow Range
24.10.2022
BTC, ether and most other major cryptos have been trading in a narrow band as investors mull over macroeconomic uncertainties; veteran trader Peter Brandt says that crypto investors are “just tired.” Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets