Kris Marszalek, CEO of Crypto.com, has provided information on his company’s financial situation in a live-streamed session on YouTube in the wake of the collapse of FTX, one of the biggest cryptocurrency exchanges in the world. CEO of crypto.com responds to queries regarding exchanges. The CEO of Crypto.com, Kris Marszalek, clarified that his exchange, which …
The Wall Street Journal said that the U.S. Justice Department is looking into the FTX situation. The SEC and CFTC are also looking into investments made by FTX customers. Sam Bankman-Fried, the CEO of FTX, insisted that the company is doing great despite the impending problems. The exchange’s actions amid the ongoing debate have drawn …
The Ongoing FTX Crisis Investigations Heats the Market Read More »
Despite preparations for a rescue offer from bigger rival Binance, cryptocurrencies experienced a second day of steep falls on Wednesday as investors remained concerned about the viability of the industry and the financial state of major exchange FTX. To address a “liquidity bottleneck” at the competing exchange, cryptocurrency giant Binance reached a non-binding deal on …
Dutch monarch Maxima has expressed support for a digital euro. While, speaking to members of the European Commission, the Queen said: “Let’s imagine a brighter future and create a digital euro that works for all Europeans.” Dutch monarch Maxima Zorregieta Cerruti expressed her encouragement for the ECB’s efforts to prepare for the introduction of the …
Undoubtedly, the FIFA World Cup is the world’s biggest sporting event right after the Olympics. While the biggest companies strive to put their names around the arena, this year, FIFA chose Crypto.com as its main sponsor. Due to this decision, an audience of 4 billion people will gaze their ears and eyes towards the crypto …
FIFA 2022 & Crypto.com – The Game Never Witnessed Before Read More »
Before the CPI, funding rates reached a 6-month high. There are warning signs that market exuberance is out of control before the U.S. elections and important economic data. How will BTC price respond as Bitcoin battles some well-known FUD in the second week of November? On November 6, the largest cryptocurrency managed a weekly close …
The year 2022 has not been that of crypto billionaires’ favorite. But the $44-billion Twitter takeover by Elon Musk has made it look promising as it’s nearing its end. Even as a speculation, the Musk-Twitter extravaganza has birthed aspects of crypto-integration into one of the most famous social networks. While the deal sparked debate and …
Recent APT price research reveals that the price has been moving downward inside a channel. Within ten days, APT lost 27.98% of its value. The innovative coin’s support level is $6.89, while its resistance level is $8.51. APTOS is currently trading at $7.49, down 4.61% from its previous day’s closing price. Moreover, this price movement …
Here Is Why APT Has Dropped 27.98% In Only 10 Days Read More »
By 04:56 (08:56 GMT), Litecoin was trading at $61.260 on the Investing.com Index, up 10.36% for the day. Since November 2, it was the biggest percentage advance in a single day. The increase brought Litecoin’s market size to $4.108B, or 0.41% of the entire market worth of cryptocurrencies. Litecoin’s market capitalization now stands at $25.609 …
According to the data, the Bitcoin (BTC) price is $20,628.11. Currently, between 55% and 60% of BTC is profit. If BTC cannot hold a position over $20,400, its price may decline. According to the data, Bitcoin (BTC), the market leader in cryptocurrencies, is trading at $20,628.11. This comes following a 0.61% price increase in the …
Hong Kong has lost its reputation as a fintech hub. Hence, the government has proposed allowing ordinary investors to trade cryptos and exchange-traded funds. After the city, which had previously considered restricting bitcoin trade to professional investors, drew strong criticism for planned legislation for digital assets that would have impeded innovation, several start-ups have gone …
Over the past year, crypto whales have been selling off BTC. The price of BTC is now 58% below the ATH it reached in November 2021. Due to its high level of unpredictability, cryptocurrency is not enticing to big investors. Santiment, a blockchain analytics company, found that over the past year, Bitcoin (BTC) whales have …
Why Are Crypto Whales Investing in Global Treasuries? Read More »
On Wednesday, while the dollar was weakening due to increased expectations of dovish signals from the Federal Reserve, Bitcoin achieved a three-week high, and Ethereum reached its best level since the merge. By 22:27 ET, Bitcoin was up 4.6% to $20,201, trading above $20,000 for the first time in three weeks, while Ethereum was up …
In its Digital Asset Fund Flows Report, released on October 24, a European cryptocurrency investment firm revealed that digital asset investment products saw cumulative outflows of $5 million over the previous week. This period started in September 2022. The most significant decline was in investment product volumes, which fell to $758M during the week. This …
Investments in Cryptos Have Halved, Was It All a Bubble? Read More »
The Bitcoin community isn’t sure whether the currency’s price will rise or fall in the upcoming year. Most experts and technical indicators predict it will bottom in the months between $12,000 and $16,000. A probable recession that might endure until 2024, at least in Elon Musk’s estimation, as well as a volatile macroeconomic climate, stock …
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