USDC is a U.S. dollar-backed stablecoin issued by Circle and Coinbase to combat the price swings of the highly volatile cryptocurrency market. Is USD Coin safe? Despite the fact that the USD Coin is subject to regulatory oversight, investors must weigh the pros and cons of investing in stablecoins before committing any funds. Comparing USDC...Continue Reading
Reasons for bearishness include U.S. Federal Reserve tightening, the absence of leverage buyers’ demand, and fearful BTC option traders. December will likely be remembered by Bitcoin’s (BTC) fake breakout above $18,000, but apart from that brief overshoot, its trajectory was entirely bearish. In fact, the downward trend that currently offers an $18,850 resistance could bring...Continue Reading
Name: Mati GreenspanAnonymous: NoTwitter followers: 48,000Known for: The face of eToro for years, Greenspan is a rare moderate voice on Crypto Twitter. Who is this guy anyway? The friendly but cynical Mati Greenspan became a well-known crypto market commentator in publications such as Forbes, Bloomberg and The Wall Street Journal as a senior market analyst...Continue Reading
An indicator tracking transactions in profit and loss is yet to repeat its traditional bear market bottom sequence, says CryptoQuant. Bitcoin (BTC) may not be good value enough for a macro price bottom, according to analysis from CryptoQuant. In a blog post on Dec. 29, a contributor to the on-chain analytics platform flagged one BTC...Continue Reading
Anything could happen in the coming weeks and months when Bitcoin attempts to break out of its post-FTX trading range. Bitcoin (BTC) is approaching the end of 2022 at levels not seen in over two years — what do traders think will happen next? BTC price reeling from USD strength Currently down 15% in Q4...Continue Reading
Crypto Unicorns founder Aron Beierschmitt chats with NFT Steez about the key components blockchain-games need to build sustainable in-game play-and-earn economies. As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize the need for games to be more “fun” and less finance-oriented. In the most...Continue Reading
Hedge funds and debt investors have already purchased some of the claims. Instead of waiting for a lengthy bankruptcy process, some investors, who have claims on FTX exchange, Celsius Network, BlockFi and Voyager Digital, are looking to pass on their claims to others. Data from crypto claims trading startup Xclaim shows that there are at...Continue Reading
A shop with obscure brand partners and generic texts, where you can’t really buy anything. As the malpractices of the FTX continue to pop up and be uncovered by the prosecution, it turns out the disgraced crypto exchange’s customers were sending money to a fake electronic online shop, which was reportedly opened by Sam Bankman-Fried. ...Continue Reading
SBF has allegedly cashed out $684,000 from a crypto exchange in Seychelles while being under house arrest, according to an on-chain investigation. FTX founder Sam Bankman-Fried is reportedly cashing out large amounts of cryptocurrency soon after being released on bail, on-chain data suggests. SBF has cashed out $684,000 in crypto to an exchange in Seychelles...Continue Reading
ETH price bulls struggle as futures remain trading below its fair value, signaling excessive demand for shorts. Ether (ETH) has been ranging near $1,200 since Dec. 17, but an ascending trend has been quietly gaining strength after 50 consecutive days. The pattern points to $1,330 or higher by March 2023, making it essential for bulls...Continue Reading
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