Cryptocurrency Analysis and News Portal
[1] As of Dec. 15, 2022, the CryptoX Digital Asset Classification Standard (DACS) was updated, and the definition of “currency” changed. However, the CryptoX Market Index (CMI) Family will reflect the changes as of the January reconstitution in accordance with its standard methodology. Source
Read More
Solana-based decentralized finance protocol Raydium has suffered an exploit, according to a statement from the developer. An initial investigation by the team revealed that the attacker took over the exchange’s owner account. The team said that “authority” over the automated market maker and farm programs has been paused “for now.”Twitter
Read More
Elon Musk briefly ranked second on the “world’s richest person” list on Wednesday after suffering a dip in net worth. On Wednesday, Elon Musk briefly ceded his position as the world’s richest person to LVMH Moët Hennessy Louis Vuitton CEO Bernard Arnault. According to Forbes, Musk temporarily lost the “world’s richest” title after a substantial drop in
Read More
ETH price losses key demand zone of $1,200 again Price remains weak as bears battle bulls; so much uncertainty in the market ETH price gets rejected from a low of $1,220 on the high timeframe The price of Ethereum (ETH) trading below $1,200 continues as the price faced rejection, breaking and trending higher
Read More
According to a new twitter post on Nov. 23, Bo Shen, general partner of the Vitalik Buterin-advised venture capital fund Fenbushi Capital, claime that $42 million worth of funds were drained from his Trust Wallet on Nov. 10. Shen, who grew up in China but now lives in Atlanta, says
Read More
BNB’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $260. BNB’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most traders and investors. BNB’s price looks weak and continues to trade below
Read More
The past few days in the Bitcoin and crypto market have had a forceful impact from the bears. The prices of most of the crypto assets have been tolling to the south beyond expectation. In addition, the entire market is experiencing a decline due to the collapse of the FTX
Read More
The collapse of the FTX crypto exchange is one of the biggest shocks to hit the industry. The impact of the fall is spreading to different crypto assets and several investors on the exchange. The crypto market has been experiencing massive downward performance as prices of assets kept declining. Hence, the
Read More
While trading in the red zone at press time, the KuCoin token (KCS) has lost substantially in the last 7 days. The token had joined the entire crypto market in its downward trend after the FTX implosion. However, exchanges like KuCoin may benefit from the recent failure of the FTX
Read More
Some days back, the crypto market was celebrating a significant rally in the price of major cryptocurrencies. Bitcoin hit a remarkable recovery
Read More