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Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends. As the coldest days of the crypto winter set in, investors’ speculative interest in the crypto market has fallen to pre-2021 levels, impairing the chance of a substantial directional price move. However, there’s a possibility...
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The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse. Cryptocurrency trading firm Amber Group, which had roughly 10% of its trading capital stuck on FTX at the time of the exchange’s collapse, has reportedly acquired cryptocurrency platform, Sparrow Holdings according to an announcement on Dec....
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The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people. A United States Trustee has announced nine creditors to the committee responsible for part of crypto exchange FTX’s bankruptcy proceedings. According to court documents filed Dec. 15, U.S....
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Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk. On this week’s episode of Market Talks, Cointelegraph welcomes Drew Vosk,...
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As Web3 tools and features become integrated into many known Web2 communities, creating NFTs that are family friendly becomes a need in the space. Nonfungible tokens (NFTs) continue to be a dominant force within the Web3 space for increasing innovation and adoption. As the space continues to push its way into mainstream adoption will reach new...
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“Our recovery tool is able to move unsupported assets directly from your inbound address to your self-custodial wallet without exposing private keys at any point,” said Coinbase. Major cryptocurrency platform Coinbase has offered an asset recovery tool for users who “mistakenly send unsupported tokens” to exchange addresses. In a Dec. 15 announcement, Coinbase said users...
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As various mainstream industries adopt Web3 tools, the world of filmmaking can take a lesson from the offerings of NFTs and the newly appeared soulbound tokens to define a new age of cinema. Web3 tools and innovations are making their way into various mainstream industries across the world. Some such as the sports and music...
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Bitcoin is rapidly taking out near-term support levels as an FOMC comedown sees BTC price grab liquidity. Bitcoin (BTC) is trending down after hitting one-month highs around the latest macroeconomic data and policy update from the United States. Having topped out at around $18,370 on Bitstamp on Dec. 14, BTC/USD is now giving back its...
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More than 10,000 delegators have since joined the blockchain indexing network. According to data provided to Cointelegraph on Dec. 15, network growth still appears to be strong for blockchain indexer The Graph. Launched two years ago, The Graph Network allows developers to easily search, index, use and publish data from public blockchains. From November 2021...
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A highly profitable trading strategy was how hacker Avraham Eisenberg described his involvement in the Mango Markets exploit that occurred on Oct. 11. By manipulating the price of the decentralized finance protocols underlying collateral, MNGO, Eisenberg and his team took out infinite loans that drained $117 million from the Mango Markets Treasury.  Desperate for the...
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