Bitcoin [BTC] retail investors embrace the crypto winter while whales shy away
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Bitcoin retail investors have been constantly showing interest in BTC  However, velocity, volume, and daily activity continued to decline  Bitcoin holders, who have been on the receiving end of selling pressure, could have some reasons for optimism in the coming future. According to a recent update by crypto analytics firm Glassnode, retail investors have been showing an increasing interest in BTC. Read Bitcoin’s Price Prediction 2022-2023 Bitcoin shrimps take over Reportedly, the net position of shrimps has grown. Since the collapse of FTX, shrimps added 96k BTC to their ho ..read more
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TIME President Keith Grossman Joins Crypto Payments Startup MoonPay
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Keith Grossman, president of TIME, has left the media firm to join crypto payments infrastructure firm MoonPay. Source link ..read more
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Binance moves $2 billion of bitcoin as part of reserves audit
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Binance has moved 127,351 bitcoin ($2 billion) to verify to an auditor it has control over the claimed address. The transfer of such a large amount of bitcoin today from Binance to an unknown wallet led to questions among the crypto community regarding the nature of the transaction. In response, Binance CEO Changpeng Zhao clarified that the transfer is part of an ongoing audit at Binance.  “This is part of the Proof-of-Reserve Audit. The auditor requires us to send a specific amount to ourselves to show we control the wallet. And the rest goes to a Change Address, which is a new addres ..read more
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Some Things to Be Thankful For, Even Though Everything in Crypto Is On Fire
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Why you should be thankful: The ability to hold your own coins is part of the value proposition of most cryptocurrencies. From the perspective of the Bitcoin system, one of the value propositions is that there is a finite, provably scarce number of bitcoin. If exchanges were found to be circulating an amount in excess of the number of bitcoin issued (i.e., they are selling paper, fake bitcoins rather than real bitcoins) we could: a) out some bad-faith actors in the space and b) see some crazy price movement as the demand for “real, actual” bitcoin spikes dramatically. Source link ..read more
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Coinsquare confirms data breach, says customer assets ‘not at risk’: CoinDesk
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Canadian crypto firm, Coinsquare, shed more light on a “data incident” in an email the exchange sent to customers on Friday, according to a CoinDesk report. The incident initially occurred on Nov. 19, prompting Coinsquare to undergo “an unscheduled maintenance period” to deal with the issue, Coinsquare said via Twitter, adding that no client funds were at risk. The email sent days later revealed that, although no passwords were exposed, breached data include “customer names, email addresses, residential addresses, phone numbers, dates of birth, device IDs, public wallet addresses, transactio ..read more
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DOT stands unimpressed despite Polkadot’s latest achievement. Assessing…
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Polkadot recently announced that it had hit a milestone of 500,000 DOT in its nomination pool Price and volume remain dull even as more initiatives are introduced The creation of Polkadot nomination pools, which would let the staking of as few as one DOT, was announced by Polkadot in October. The pool, which started after that, reached a new milestone recently, per an announcement from Polkadot. But how has DOT performed throughout the years? Read Polkadot’s [DOT] price prediction 2023-2024 DOT in Nomination Pools Regarding its nomination pool, Polkadot declared yet another milestone on 26 ..read more
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US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s
Cryptocurrency Market
by Cryptocurrency Market
1y ago
The report said that Alabama Securities Commission Director Joseph Borg indicated that his agency and several other states are involved in the investigations, which focus on whether Genesis and other companies persuaded residents of their states to invest in crypto securities without having the proper registrations. Borg did not name the other companies being investigated. Source link ..read more
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Here are the top three cryptocurrency stories from last week
Cryptocurrency Market
by Cryptocurrency Market
1y ago
As the FTX collapse continues to reverberate, knock-on effects are still being felt throughout the industry. Chief among them is DCG’s empire, with concerns that one of its flagship businesses, Genesis, could go bankrupt. Binance has also reacted in its own way to the FTX meltdown, by setting up a $1 billion fund to help affected businesses. On a separate note, MetaMask has come under fire for its data collection practices, with many crypto users now worried about their own privacy. MetaMask’s founder downplayed the impact. Genesis in dire straits Crypto lending business Genesis is facing po ..read more
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Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation
Cryptocurrency Market
by Cryptocurrency Market
1y ago
Crypto financial services firm Matrixport is seeking to raise $100 million in funding at a $1.5 billion valuation, as first reported by Bloomberg. The startup was looking to raise at a $1 billion valuation earlier this year. It most recently raised $100 million at a $1 billion valuation in a Series C fundraising round in August 2021. According to the report, the startup currently has $50 million in commitments for this round and is still seeking commitments for the other half of the round. “Matrixport routinely engages with key stakeholders, including investors, as part of its normal co ..read more
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Black Friday magic event for $100 000 at BetFury
Cryptocurrency Market
by Cryptocurrency Market
1y ago
It isn’t a solar eclipse, It’s the dark magic of Black Friday! The time has come for royal Bonuses, fantastic discounts, and super favorable offers on BetFury Crypto Casino. Go to the dark side and share the $100 000 prize pool! Make this Friday the most profitable ever! Black Friday Free Boxes – BFG, ALU, WINk Are you ready to collect a lot of crypto in a few clicks? We offer exclusive Free Crypto Boxes, especially for Black Friday!  Free х2 BFG Box – up to 18 BFG daily. Free ALU Box – up to 7 ALU daily. Free WINk Box – up to 700 Win daily. BFG Mining Boost +20% tokens for 24h Only ..read more
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