Binance was the first large crypto exchange to react to the FTX debacle by hiring an external auditor to prove that the company does not have any solvency issues and that its…
Category: Bitcoin
Multiple Companies Reimagine Themselves And Distance From FTX
There is no doubt that the FTX debacle has been a game-changer for the whole crypto community and revealed core issues that all businesses must address to remain competitive and retain their…
Modest Drop in BTC Mining Difficulty Expected Soon
Bitcoin mining difficulty was further boosted on 20th November by 0.51% when blocks were at the height of 764,064. Although the increase was little yet it allowed the network to see its…
Lead Digital Currencies BTC And Ethereum Technical Analysis
Global trade markets, particularly the ones in the US, are reacting positively to the minutes of the FOMC’s latest meeting as a result of which Ethereum’s value went past $1,200. The minutes…
Investors Should Be Worried As 10,000 Bitcoin Have Just Been Moved
Just when the overall cryptocurrency industry started witnessing a recovery, an alarming revelation has been made about 10,000 Bitcoin (BTC). Bitcoin is also among the assets that had recently started moving in…
Report From Analysts Shows Cryptocurrency Industry Would Survive FTX Contagion
In May 2022, the Terra ecosystem suffered from a massive crash and even now, its impact has lingered with the entire crypto industry. However, several months after the crash, the majority of…
High Confidence in Litecoin May Help LTC Surge to $75
Just as the year 2022 is coming to an end, a great amount of growing interest is being witnessed for Litecoin (LTC). It is the second-oldest cryptocurrency was launched back in 2011…
Bitcoin And Ether Investors Are Still Traumatized By FTX Crash
The fallout of the FTX crash seems to be much more than the market analysts had expected. Despite the FTX Token (FTT), the native token of FTX taking most of the damage,…
Despite Widening Fallout Of FTX, Bitcoin Price Has Managed To Sustain $16k
On the Thursday trading session, the trading price of most of the cryptocurrencies ended up facing a downtrend. This happened because of a great financial void created by the FTX exchange. After…
Strong Comments from Elon Musk Help in Boosting Weakening Price of Bitcoin
Despite taking a huge fall in the past week, things have recovered a bit for Bitcoin (BTC). With the initiation of the new week, the trading price of Bitcoin started under $17,000….
Trading Price of LINK Expects a 50% Correction as Chainlink Witnesses a Plunge
The price of the native token of the Chainlink network “LINK” ended up taking a fall in the recent trading session. The market downtrend has continued harming the trading price of LINK,…
In 12 Months, Energy Usage Of Bitcoin Surges 41%, Regulatory Risks To Rise
The energy consumption for Bitcoin (BTC) has continued rising and the growth rate has been significantly higher in the running year. YoY Increase in Energy Consumption According to data, the year-over-year (YoY)…
Moscow Sees Massive Growth in Number of Bitcoin-Powered ATMs
Not even the war has been effective in curtailing the growth of crypto activity in Russia, particularly in Moscow. Instead, the interest in digital currencies and activities relating thereto have increased tremendously…
Number Of Global Bitcoin ATMs Reaches 38,804
The first Bitcoin ATM in the world was made available to the public on October 29th, 2013, and was operated by Robocoin. It was founded in Vancouver, Canada in a coffee shop…
Google Shares Data That Shows Bitcoin Is Losing Traction While Web3 Is Gaining Popularity
Over time, the interest of the internet community has started to fade in favor of Bitcoin (BTC). However, people are curious to know as much as they can about the new technology…
Bitcoin Price Is To Hit $30,000 In November, Claims An Analyst
One of the Bitcoin and crypto analysts has recently shared his predictions about the Bitcoin movement in near future. He has shared his speculations about the direction he sees Bitcoin’s price move….
Interest Rate Hike By Feds Has Unsettled Bitcoin Market As It Falls To 1-Week Low
On October 21, the trading price of Bitcoin ended up falling near $19,000. Although the bulls tried their best to rebound the trading price of Bitcoin, the bears did not give them…
Fidelity Has Announced It Is To Offer Clients Trading And Custody In ETH
Fidelity Digital Assets has reportedly made an announcement of offering new services to its clients. The asset manager, which is responsible for the management of $4.5 trillion in assets is getting into…
Exchange Traded Fund For Bitcoin To Be Liquidated Close To October’s Conclusion, Announces Valkyrie Funds
One of the major fund managers for cryptocurrencies in the United States ‘Valkyrie Funds’ recently had a sad announcement for the crypto community. The fund manager announced that they have decided that…
Grayscale Launches Grayscale Digital Infrastructure Opportunities To Invest In Bitcoin Hardware
Grayscale Investments has made an announcement in regards to launching a new subsidiary that is to focus on the crypto mining segment. The responsibility of the particular subsidiary would be to invest…