Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive. Cryptocurrency had its Lehman moment with FTX — or, perhaps, another Lehman moment. The macroeconomic downturn has not spared crypto, and as November rolled around, nobody knew that we were in for the collapse of...Continue Reading

The Binance CEO was less than receptive to claims of losses due to a 3Comma API key leak earlier this month; now he recommends disabling 3Comma API keys. Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at...Continue Reading

Sports players, movie stars, models, musicians; the gang’s all here, with more celebrities entering the blockchain space with each passing month. Will that trend continue in 2023? The crypto world is still developing at lightning speed. The adoption of projects built on blockchain technology has increased tremendously in 2022, and this is partly due to...Continue Reading

Users’ subscriptions to cloud mining products have been extended for three days due to the power outage. The severe winter storm in North America shut down Binance’s cloud mining products between Dec. 24-26, according to an official announcement on Dec. 28. As a result of the power outage, the company announced that users’ subscriptions to...Continue Reading

Bankman-Fried has claimed repeatedly that he does not consider himself to have criminal liability in the collapse of FTX, but his colleagues have already pleaded guilty. Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six...Continue Reading

Investment firm Fidelity recently filed trademarks that showed its intentions to enter the NFT and metaverse space. In this week’s newsletter, read about investment giant Fidelity planning to enter the nonfungible token (NFT) space and how Italy’s NFT market will grow. Check out how North Korean hackers use phishing websites to target NFT holders and...Continue Reading

A lack of excitement on order books is just one sign that downside volatility could easily resume, says Material Indicators. Bitcoin (BTC) is not about to bottom at just below $17,000, new analysis warns as bid liquidity dries up. In social media posts after Christmas, on-chain analytics resource Material Indicators flagged waning interest in protecting...Continue Reading

Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control. Gold has been an outperformer in 2022 compared to the United States equities markets and Bitcoin (BTC). The yellow metal is almost flat for the year while the S&P 500 is down more than 19% and Bitcoin has...Continue Reading

The firm’s Bitcoin holdings have declined 45% from their average purchase price of $30,397. According to a new filing with the U.S. Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoins (BTC) at an average price of $17,181 for a total of $42.8 million during the period Nov. 1 and...Continue Reading

Bitcoin may be in line for worse losses in the new year, analysts say, but BTC price action has a least fared better than TSLA. Bitcoin (BTC) circled $16,750 after the Dec. 28 Wall Street open after stocks dragged markets lower. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin analysts stick to downside fears Data...Continue Reading