Cryptocurrency Analysis and News Portal
"FTX will look to continue interacting with regulators to facilitate access to digital assets in a safe and compliant manner," Bankman-Fried said in a statement today. "We look forward to working alongside our investors to achieve our mission and continue our tremendous growth throughout 2022 and beyond.” Source
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Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView.Open interest "still not flushed"Data from Cryptox Markets Pro and TradingView followed BTC/USD as it fell through $35,000 during the
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The saga started earlier this week when Multichain instructed its users to remove approvals for six tokens, warning that otherwise their assets would be exposed to a security vulnerability. The tokens were WETH, PERI, OMT, WBNB, MATIC and AVAX. Multichain tweeted on Tuesday that hackers had siphoned about $1.4M in
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Bitcoin traded towards $41,200 before recovering against the US Dollar. BTC must clear $42,800 to start a fresh increase in the near term. Bitcoin extended decline and traded below the $42,000 support zone. The price is still trading below $43,000 and the 100 hourly simple moving average. There is a crucial bearish trend
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Cryptocurrency accounting and data company Lukka said it had raised $110 million in a new funding round led by hedge fund giant Marshall Wace.In a Friday announcement, Lukka said it had completed a $110 million Series E funding round led by Marshall Wace, with participation from Soros Fund Management —
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Crypto asset software company Lukka has closed a Series E funding round of $110 million that pushed its valuation up over $1.3 billion. The round was led by global alternative asset manager Marshall Wace. The funds will go toward accelerating Lukka’s global expansion strategy. Source
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Fear in the crypto market is now the highest it has been in the last six months, suggesting that now may be the time to buy Bitcoin. Crypto Fear And Greed Index Shows Lowest Value In Six Months As per the latest weekly report from Arcane Research, the fear and greed index
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On the surface it appears that significant concentration near the top would affect the decentralization of the network. However, the rise of Lido (a decentralized and liquid alternative to staking pools) looks to be positive for the network. Staking providers give those with less than 32 ETH (over $100,000) an
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Transactional data shows large amounts of cardano were bestowed towards the effort. One wallet exchanged 100,000 cardano for 100,000 tree tokens – worth over $118,000 at the time of writing – to become the biggest donor for the cause. Other large donors exchanged amounts ranging from 5000 cardano (≈$5,900 at
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The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have remained relatively low. According to on-chain analytics resource CryptoQuant, while the Bitcoin price fell off a cliff over the past 24 hours, the estimated
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