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The collapse of FTX and related developments did more to pull up or push down the price of Bitcoin (BTC) throughout Q4, compared to macroeconomic events such as rate hikes, according to research.In a “State of Bitcoin Q4 2022” report published on Feb. 10, Messari research analysts Sami Kassab and
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Metaverse decentralized infrastructure service provider OVER has launched its much-awaited OVER GATE Console as it seeks to play a more dominant role in the evolution of Web3.0 through the powers of Augmented Reality.The OVER GATE Console is designed to bring help users to create geo-localized experiences that will help in
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It’s no secret that the crypto market was gripped by bearish pressure for the entirety of 2022. However, amid all the volatility and chaos, many positive news stories appeared as well — especially regarding the global adoption of digital assets and crypto-related technologies in general.Looking back at 2022, here are
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2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on
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Place/Date: Paris, France - December 21st, 2022 at 7:16 am UTC · 3 min read Contact: Tal Dotan, Source: Binance Binance, the leading cryptocurrency exchange, is spreading holiday cheer with festive events and promotions. Last year, Binance introduced its popular Gift Cards, empowering users to gift cryptocurrency in
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Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching the stablecoin asset tether over to usd coin, and
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Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader: $17,500 monthly close “most bullish outcome”Data from Cryptox Markets Pro and TradingView showed BTC/USD following traders’ predictions to sweep higher levels before consolidating.Highs of $17,072 appeared on Bitstamp, with the
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Former FTX CEO Sam Bankman-Fried has once again attracted the ire of the crypto community — this time over his slated appearance at an upcoming New York City conference on November 30. Vocal members of Crypto Twitter have questioned why the former CEO of the now-bankrupt exchange continues to walk free given
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Genesis trading announced on Nov. 10 that it will receive an additional equity infusion of $140 million from its parent company, Digital Currency Group. According to the company, this decision was made to “strengthen its balance sheet” and boost its “position as a global leader in crypto capital markets.”Genesis said
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The MakerDAO Risk Core Unit, a key group within the MakerDAO governance system, submitted an urgent request on Nov. 11 to change collateral parameters for the decentralized autonomous organization’s stablecoin, Dai (DAI).Primoz, a member of the Risk Core Unit team, posted the request to the MakerDAO forum.“In light of recent
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