Cryptocurrency Analysis and News Portal
Place/Date: - December 12th, 2022 at 5:21 am UTC · 3 min read Source: Orbeon Protocol So far, 2022 has not been a good year for crypto; many cryptocurrencies lost more than 70% of their value. Fortunately, this is good news for analysts and investors who want
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The S&P 500, Wall Street's benchmark equity index, has gained 16% in less than two months to trade above the widely-tracked 200-day moving average for the first time since early April. The USD/JPY pair, often called a turbo bet on the Fed policy and U.S. rates, has dropped 11% to
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Following yesterday's confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users.The team said it was identifying liquidity providers to decentralized exchanges as well as protocols supporting aBNBc or aBNBb LP. The group also said it
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Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday. Original Source
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Ethereum managed to clear the $1,230 resistance zone against the US Dollar. ETH tested $1,280 and seems to be forming a strong support near $1,230. Ethereum gained bullish momentum and cleared the $1,230 resistance zone. The price is now trading above $1,230 and the 100 hourly simple moving average. There is a short-term
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Polkadot price seems to be returning on its feet, courtesy of recent developments. DOT’s network released its newest update, highlighting some core developments that could pave a path for its foundational roadmap for 2023. Polkadot has plans to delve deeper into smart contract development through its project Substrate. This focuses on
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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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On Nov. 11, 2022, FTX Trading Ltd. filed a voluntary petition for Chapter 11 bankruptcy protection in Delaware. The news followed a few days of speculation and evidence that had shown the digital currency exchange was likely insolvent. The company’s bankruptcy filing and information concerning Sam Bankman-Fried’s (SBF) quantitative cryptocurrency
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The premium stems from users with trapped assets on FTX putting their money into major tokens in hopes of receiving some recovery value, one observer said. Source
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