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FTX debtors can issue subpoenas to company 'insiders', says court
The list of FTX insiders included former CEO Sam Bankman-Fried, former Alameda Research CEO Caroline Ellison, FTX co-founder Gary Wang, and members of SBF’s immediate family.
YouTuber baits MMA fighter to promote fake NFTs: Nifty Newsletter, Feb. 1–7
YouTuber Logan Paul and his CryptoZoo NFT team face a lawsuit alleging that they executed a rug pull.
3AC founder has 'chosen to ignore his duties' by not responding to subpoena, say bankruptcy lawyers
According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder's online activity and attempts to raise funds for GTX.
ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle
Web3 developer ConsenSys has cast 7.03 million UNI votes in favor of Uniswap v3 deploying on BNB Chain.
Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and major altcoins are witnessing a tough battle between the bulls and the bears, indicating indecision in the near term.
Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
Bitcoin and major altcoins are witnessing a tough battle between the bulls and the bears, indicating indecision in the near term.
Price analysis 2/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAX
The United States Federal Reserve Chairman Jerome Powell said on Feb. 7 that the “disinflationary process, the process of getting inflation down,” has started but it is still in its very early stages.
He cautioned that strong data would be met with more rate hikes. Though the comments are mixed, they triggered buying in the S&P 500 and Bitcoin (BTC) on Feb. 7 as investors speculated that the Fed may soon end its rate hikes.
Bitcoin’s strong rally in January and signs of ebbing inflation seem to have turned around investor sentiment. CoinShares data on Jan. 30 shows that institutional investors pumped $117 million into digital investment products. That sent the total assets under management to $28 billion, a sharp 43% increase from its November 2022 low.
Daily cryptocurrency market performance. Source: Coin360Although the sentiment seems to have turned around, bear markets rarely end without a retracement of the rise from the low. The price needs to form a higher low followed by a higher high to confirm a potential trend change.
What are the critical support levels on Bitcoin and altcoins that could arrest future declines? Let’s study the charts of the top-10 cryptocurrencies to find out.
BTC price metric which cued biggest Bitcoin bull runs brakes out at $23K
Bitcoin's January performance has sparked an event which preceded the start of every macro bull market, data reveals.
BTC price metric that cued biggest Bitcoin bull runs breaks out at $23K
A little-known Bitcoin (BTC) price metric has just given a new bull run signal — and it has never been wrong.
As noted on Feb. 8 by Caleb Franzen, senior market analyst at Cubic Analytics, the Williams %R oscillator has left its bottom zone for the first time since May 2022.
Analyst: Oscillator crossover is a “great sign”
Bitcoin gaining 40% in January and continuing to hold higher levels has produced breakout signals across various on-chain indicators.
Some analysts are cautious, opting to wait and see if the improved conditions last, but for Franzen, the data coming from the Williams %R oscillator is of particular interest.
Williams %R is a momentum oscillator that measures how near BTC/USD is to its recent highs or lows. Momentum oscillators are utilized to measure the strength of a price trend, and Bitcoin’s January performance has made it a prime test case.
End of bull run? The Graph awaits correction after a 200% GRT price rally
The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.
GRT price skyrockets with other data management tokens
GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of short-term upside exhaustion after rising over 200% earlier in the year. At its sessional high, the token was changing hands for $0.23 on Feb. 7, its highest level in nine months
GRT/USD daily price chart. Source: TradingViewBuying flocked to the GRT market amid a relatively stronger risk-on mood, led by the United States Federal Reserve’s slower interest rate hikes and a strong recovery witnessed in the Bitcoin (BTC) market, which typically influences altcoins into tailing the trend.
The GRT price rally also accompanied similar gains across data management platform tokens. This sector’s market capitalization doubled so far in 2023, with Ocean Protocol (OCEAN), Mask Network (MASK) and Band Protocol (BAND) recording over 200%, 100% and 60% gains, respectively.
Data management tokens and their performances. Source: MessariWill The Graph’s price correction continue?
The impressive GRT price rally has left The Graph as technically overbought, according to its daily relative strength index (RSI) indicator.
End of bull run? The Graph awaits correction after a 200% GRT price rally
The Graph (GRT) price slipped on Feb. 8 alongside a broader correction across the top crypto assets.
GRT price skyrockets with other data management tokens
GRT’s price plunged nearly 14.5% intraday to $0.18, showing signs of short-term upside exhaustion after rising over 200% earlier in the year. At its sessional high, the token was changing hands for $0.23 on Feb. 7, its highest level in nine months
GRT/USD daily price chart. Source: TradingViewBuying flocked to the GRT market amid a relatively stronger risk-on mood, led by the United States Federal Reserve’s slower interest rate hikes and a strong recovery witnessed in the Bitcoin (BTC) market, which typically influences altcoins into tailing the trend.
The GRT price rally also accompanied similar gains across data management platform tokens. This sector’s market capitalization doubled so far in 2023, with Ocean Protocol (OCEAN), Mask Network (MASK) and Band Protocol (BAND) recording over 200%, 100% and 60% gains, respectively.
Data management tokens and their performances. Source: MessariWill The Graph’s price correction continue?
The impressive GRT price rally has left The Graph as technically overbought, according to its daily relative strength index (RSI) indicator.
UK blockchain carbon offset platform raises $45M in seed funding
Carbonplace says it will use the funds to scale its services and become the "SWIFT of carbon markets."
Crypto and psychedelics: Clarifying regulations could help industries grow
It’s a long road to federal legalization, but opposition to psychedelics is waning at the state level and Capitol Hill.
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple […]
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin Aversano
Location: Los Angeles
Date minted first NFT: Feb. 15, 2021
Which blockchains? Ethereum
Bio:
Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple million-dollar sales, including one auctioned at Christie’s.
A multidisciplinary artist with a great eye and passion for photography, Aversano’s journey into NFTs started with a trip to Peru to work with local shamans to try to get over an addiction and depression. It was on that trip that he started to heal and found a spark that would become the initial idea for his iconic collection.
“I never questioned that I was an artist, but you know the feeling inside when you’re grappling with anger, depression, sadness and grief. I was looking to outgrow the grief and become whole. In San Pedro, there was a ceremony run by twins. It really opened my heart to connecting with my twin, who passed during my mom’s pregnancy. It felt like opening Pandora’s box. I remember thinking, ‘Okay, there’s something there, and I need to work on it.’”
A few months removed from San Pedro, Aversano was at an exhibition and photographed a pair of twins who came to his art show. That night, he knew he was ready to take on this new project spotlighting twins.
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin Aversano
Location: Los Angeles
Date minted first NFT: Feb. 15, 2021
Which blockchains? Ethereum
Bio:
Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple million-dollar sales, including one auctioned at Christie’s.
A multidisciplinary artist with a great eye and passion for photography, Aversano’s journey into NFTs started with a trip to Peru to work with local shamans to try to get over an addiction and depression. It was on that trip that he started to heal and found a spark that would become the initial idea for his iconic collection.
“I never questioned that I was an artist, but you know the feeling inside when you’re grappling with anger, depression, sadness and grief. I was looking to outgrow the grief and become whole. In San Pedro, there was a ceremony run by twins. It really opened my heart to connecting with my twin, who passed during my mom’s pregnancy. It felt like opening Pandora’s box. I remember thinking, ‘Okay, there’s something there, and I need to work on it.’”
A few months removed from San Pedro, Aversano was at an exhibition and photographed a pair of twins who came to his art show. That night, he knew he was ready to take on this new project spotlighting twins.
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple […]
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple […]
Justin Aversano makes a quantum leap for NFT photography
Artist name: Justin AversanoLocation: Los AngelesDate minted first NFT: Feb. 15, 2021Which blockchains? Ethereum Bio: Unintentionally, the healing process of losing his twin sister at birth sparked Justin Aversano’s career to become the poster child for NFT photography. His most famous collection, “Twin Flames,” has 5,900 ETH in total sales volume on OpenSea and multiple […]