Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
A bearish technical setup and a declining number of Ethereum whales pose downside risks for ETH price. The annual supply...
Day: November 11, 2022
‘Hang in there’ — Crypto Twitter encourages Solana community amid FTX onslaught
Sandeep Nailwal, the co-founder of Polygon, encouraged Solana community members to keep on building. With Solana (SOL) being heavily affected...
Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011
A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since 2011, changing the address format...
Traders take a neutral position after Ethereum futures contracts see massive liquidations
ETH price plummeted to a 4-month low at $1,070 after a wave of futures liquidations. Ether (ETH) price shed roughly...
FTX contagion victim Deepak.eth puts NFT collection up for sale
Deepak.eth, the founder of the blockchain infrastructure Chain, listed their NFT collection for sale on OpenSea starting at 8,000 ETH....
New York Fed collaborates with Singapore MAS to explore CBDCs
A joint effort is aimed at assessing the possible use of wholesale central bank digital currencies in cross-border transactions. The...
Hodlers in loss sit on 50% of BTC supply after $5.7K Bitcoin price dip
Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets. Bitcoin...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better...
Zimbabwean Central Bank Launches CBDC Consumer Survey
The Zimbabwean central bank has said it is “conducting a CBDC Consumer Survey to solicit opinions on the design and...
Russia and Turkey to Collaborate on Combating Crime-Related Crypto Transactions
Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use...
NFTSTAR and Neymar Jr․ to Release Beastmode Metaverse HUMAN NFT Drop
PRESS RELEASE. The9 Limited (Nasdaq: NCTY) (“The9”), an established internet company, has newly announced that its NFT community NFTSTAR is...
Rumors continue to fly surrounding Sam Bankman-Fried and the fall of FTX
A rumor suggesting that FTX CEO Sam Bankman-Fried has been arrested is circulating on social media. The crypto community continues...
California regulators to investigate FTX crypto exchange collapse
The California DFPI announced it will open up an investigation as to the “apparent failure” of FTX and says it...
Tether chief technology officer confirms no plans to rescue FTX
FTX won’t be getting a bailout from Tether who confirmed it isn’t planning to provide a cash injection despite the...
US senators commit to advancing crypto bill despite FTX collapse
The two U.S. Senators said the downfall of FTX clearly exemplified “the need for greater federal oversight of the digital...
