Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control. The sentiment across the cryptocurrency ecosystem remains fragile as market participants assess the impact of the FTX crisis on various businesses within and outside of the crypto sector. Trading firm QCP Capital said in its...Continue Reading

Businesses exposed to Sam Bankman-Fried’s bankrupt cryptocurrency exchange are beginning to topple. Bitcoin (BTC) is the greatest monetary revolution of the modern age. By simply buying and holding Bitcoin, citizens are staging a peaceful protest against the indentured servitude brought on by fiat economics. In the process, they’ve initiated one of the greatest wealth transfers...Continue Reading

Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research. London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earlier this month.  Bloomberg reported on Nov. 18...Continue Reading

The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy. A bill was introduced into the Russian State Duma, the lower house of parliament, on Nov. 17 that would legalize cryptocurrency mining and the sale of...Continue Reading

BTC’s price targets now include $12,000, with Ether potentially falling to $800 for the pit of the bear market. Bitcoin (BTC) saw a fresh rejection at $17,000 on Nov. 18 as nervous markets weathered more FTX fallout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC gets a $12,000 price target Data from Cointelegraph Markets Pro...Continue Reading

Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions. The cryptocurrency sector is the Wild Wild West in comparison to traditional finance, yet a number of banks are showing interest in digital assets and decentralized finance (DeFi). This year in particular has been notable...Continue Reading

When it comes to designing a metaverse map, its more about the vibe than practicality. From space pods to jungle islands and celebrity neighbors, users want to feel like they are someplace special. What considerations go into designing a metaverse platform? Insiders explain that one key factor is that virtual worlds need to be created...Continue Reading

Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody. The FTX debacle sparked an increase in calls for crypto self-custody this week, including Binance CEO Changpeng Zhao describing it as a “fundamental human right.” However, some warn that there are still risks involved when...Continue Reading

Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services. In the wake of the recent FTX scandal, another crypto business is feeling the market effects. Genesis Block, a frontrunner for providing cryptocurrency retail services in Hong Kong, announced...Continue Reading

BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear. Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation. Data from on-chain analytics platform CryptoQuant shows that on Nov. 18, a giant tranche of almost 60,000 BTC...Continue Reading