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Access real-time blockchain and cryptocurrency news updates from around the globe.
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
The crypto lender was previously "rescued" by FTX following the LUNA stablecoin collapse.
Bitcoin will 'teleport' to $14K or worse if BTC breaks $16K — analyst
Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout.
Bitcoin will ‘teleport’ to $14K or worse if BTC breaks $16K — Analyst
Bitcoin (BTC) hovered above $16,000 on the Nov. 28 Wall Street open as analysts diverged on what to expect from the next market move.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin spot price near key support
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining the $16,000 support level at the time of writing amid misgivings over China’s impact on risk assets.
After a modestly higher weekly close, the pair still lacked volatility as one commentator warned of a “teleport” toward $12,000 should $16,000 break.
“When it breaks below 16k, it teleports to 12k-14k,” Il Capo of Crypto insisted.
Popular Twitter account Credible Crypto asked where the volatility had gone, while Crypto Tony likewise identified $16,000 as a line in the sand for his own trading strategy.
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
Tokenized government bonds free up liquidity in traditional financial systems
There are a number of benefits associated with tokenized government bonds, yet adoption may take time.
Bitcoin is the king of crypto brand awareness for Aussies: Report
The IRCI report states that Australians still believe in Bitcoin and that the boomer demographic is growing in conviction.
Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news.
Line shuts down crypto exchange to focus on blockchain and LN token
The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges.
How Web3 resolves fundamental problems in Web2
Web3 is the next-era internet based on decentralized architecture and some innovative concepts. Find how Web3 resolves fundamental problems in Web2.
How Web3 resolves fundamental problems in Web2
Web3 is the next-era internet based on decentralized architecture and some innovative concepts. Find how Web3 resolves fundamental problems in Web2.
FTX collapse put the Singapore government in a parliamentary hot seat
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.
FTX collapse put the Singapore government in a parliamentary hot seat
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors.
New BTC miner capitulation? 5 things to know in Bitcoin this week
Bitcoin miners face a shakeout, one metric warns as the November monthly close looms for BTC.
New BTC miner capitulation? 5 things to know in Bitcoin this week
Bitcoin (BTC) prepares to exit a grim November just above $16,000 — what could be on the menu for BTC price this week?
In a time of what analyst Willy Woo has called “unprecedented deleveraging,” Bitcoin is far from out of the woods after losing over 20% this month.
The impact of the FTX implosion remains unknown, and warning signs continue to flow in even after the first wave of crypto business bankruptcies.
In particular this week, eyes are on miners, who are seeing profits squeezed by falling spot prices and surging hash rates.
Upheaval is in the air, and should another “capitulation” among miners occur, the entire ecosystem could be in for a further shock.
FTX under 'active' civil and criminal investigation: Bahamas AG
Bahamian Securities Commission, the Prime Minister’s financial intelligence unit, and a financial crimes unit are all involved in the FTX investigation.
Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
Dogecoin investors continue to be hopeful that Musk's vision for Twitter 2.0 will include some form of DOGE integration.
Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
Billionaire entrepreneur Elon Musk has confirmed that he intends on integrating payments into what he describes as Twitter 2.0 — “The Everything App” — fuelling a short-lived 19.4% price surge for meme-inspired cryptocurrency Dogecoin (DOGE).
The new Twitter CEO revealed his plans in a Nov. 27 tweet to his 119.2 million followers, in which he shared several slides from a recent “Twitter company talk.”
While Musk made no mention of DOGE in the tweet or in the attached slides, this didn’t appear to stop some investors from being hopeful that Dogecoin would be involved in some way.
According to data from CoinGecko, Dogecoin’s (DOGE) price surged 19.4% from $0.089 to $0.107 over several hours after the tweet before cooling off to $0.096 at the time of writing.
Other plans listed as part of Musk’s vision for Twitter 2.0 included "Advertising as Entertainment," “Video,” “Encrypted DMs,” “Longform Tweets” and “Relaunch Blue Verified.”
Crypto Twitter calls for calm after wETH insolvency joke goes viral
Ethereum bull Anthony Sassano and Gnosis co-founder Martin Köppelmann were among those explaining later that the Wrapped Ethereum (wETH) FUD was part of an inside joke.
Crypto Twitter calls for calm after wETH insolvency joke goes viral
An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real.
The wETH insolvency FUD (fear, uncertainty and doubt) seemingly began to make the rounds on Nov. 26, with false rumors alleging that wETH isn’t backed 1:1 by Ether (ETH) and is insolvent.
Blockchain developer and contributor to the ERC-721A token standard “cygaar” was one of the first to spread the joke, before confirming in a subsequent post that it was in fact a “shitpost” to see who was reading his content.
In fact, only a day before, cygaar tweeted that “WETH cannot ever go insolvent” and that “WETH will always be swappable 1:1 with ETH.”
Ethereum bull and host of The Daily Gwei Anthony Sassano also joined in on the wETH joke with his own parody post on Nov. 27, but had to clarify later that the initial post was “shitpost/ meme” after reading the replies.