Cryptocurrency Analysis and News Portal
Place/Date: - January 11th, 2023 at 10:08 pm UTC · 4 min read Source: Snowfall Protocol Recall the incredible runs of Dogecoin (DOGE) and Shiba Inu (SHIB) in the spring of 2021? These tokens built strong communities that powered them to eye-watering
Read More
FTX debtors have prioritized selling four businesses owned by the company, however, the US bankruptcy trustee in FTX’s case has argued that FTX has provided very little information on what’s actually being sold.In the new legal filing of FTX’s bankruptcy case, more than 117 buyers have shown interest in purchasing
Read More
Friday morning's reports on job and wage growth and the service industry gave hope that the Fed may further slow the pace of monetary tightening. Original Source
Read More
The demand for mortgage in the United States nosedived at the tail end of 2022 following a two-week reprieve. Mortgage demand in the US ended 2022 down 13.2%, with interest rates on the rise. Following a brief lull in the first half of December last year, mortgage application
Read More
On-chain data shows the Bitcoin open interest RSI is currently forming a pattern that can lead to a short-term correction in the asset’s value. Bitcoin Open Interest 14-Day RSI Has Been Climbing Up Recently As pointed out by an analyst in a CryptoQuant post, a short-term bearish correction might soon take place
Read More
After transitioning from proof-of-work (PoW) to proof-of-stake (PoS), the Ethereum community saw the launch of two new PoW Ethereum forks: ethereumpow and ethereumfair. In the past four months, the value of both coins has dropped by 94.8% to 98.4% in U.S. dollars. PoW Ethereum Forks Ethereumpow and Ethereumfair Suffer Significant Value
Read More
SBF remains under house arrest after posting a $250 million bail bond back in December.Sam Bankman-Fried (SBF) the embattled founder and former Chief Executive Officer of bankrupt FTX Exchange is set to appear in court today to start the criminal proceedings on his fraud charges where he is expected to
Read More
Bonk was airdropped to several Solana NFT projects and has steadily gained interest among holders. Source
Read MoreThe coronavirus pandemic has truly been a watershed event — not just for the financial industry but for the world at large. Many had plans and goals that they wanted to achieve before the year ran out but had to stop. Companies had to file for bankruptcy, and people lost
Read MoreFloating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as an exciting new opportunity," FPG CEO John Peurifoy explained in a May 28 statement. The funding
Read More