Regulation
Gemini Creditor Committee Presents Plan to Resolve Liquidity Issues
The creditor committee expects to hear from Genesis and DCG by the end of the week. Source link
Month: December 2022
Regulation
US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX – Bitcoin News
A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows […]
Ethereum
Payments Giant Visa Looks To Ethereum For Automatic Payments System
Payments giant Visa has teased a possible integration with the Ethereum network to enable an automatic payments system. Visa has already been working with blockchain for a while. However, this time around, it is gearing […]
Bitcoin
EY Says It Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers
Big Four auditor EY said in a statement that it was “aware” of the bitcoin transactions moving out of Quadriga’s cold wallets. Source link
Market Analysis
How Long Will the XRP, BTC, and ETH Price Continue to Run For?
The Bitcoin (BTC) price broke down from an ascending parallel channel. The Ethereum (ETH) price created a double bottom pattern. The XRP (XRP) price is still trading inside a symmetrical triangle. Bitcoin Price Creates Bullish […]
Finance
Bank of Russia to Test International Crypto Payments With Companies – Finance Bitcoin News
The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime […]
Regulation
FTX Collapse Adds to 2022 Crypto Price Decline, Marks Worst Year in Industry History
Last year’s price run-up in the largest cryptocurrency, bitcoin (BTC), to a record $69,000 brought rampant speculation and risk-taking by crypto traders who used “leverage,” or borrowed money, to amplify their bets. The unwinding of […]
Ethereum
On-Chain Data Shows Binance’s Financials Are a ‘Black Box’
Whether BNB, Binance’s native token, could face the same fate as FTT, the native token of bankrupt exchange FTX, is still unclear, Thurman said. “You would have to see somewhere around $12 billion in net […]
Bitcoin
More FTX Fallout as Traders Turn Defensive
What today’s data shows is that, similar to in past market cycles, flights to safety within the cryptosphere is translating to movement of capital into BTC and ETH, relative to other coins. On the other […]
Market Analysis
Why CHZ Price Bump Failed to Materialize During FIFA World Cup
The Chiliz (CHZ) price has decreased since Nov. 7 and broke down from crucial horizontal and diagonal support levels. The 2022 FIFA World Cup ended on Dec. 18. Even though the Chiliz blockchain and Socios platform […]