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Cryptocurrency News

Location American Cryptocurrency News for 8 December 2022
Binance's Bitcoin Reserves Collateralization Ratio Sits at 101% According to Mazars Audit - This is What You Need to Know A report by auditing firm Mazars has revealed that Binance's bitcoin reserves have a 101% collateralization ratio, suggesting that the exchange has more than all of the BTC it needs to cover customer deposits. In a recen...
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Binance CEO, Coinbase exec feature in Masterclass crypto crash-course Industry experts and one skeptical economist tackle the world of crypto, blockchain and Web3 in a new series from online learning platform Masterclass.
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Nigeria Announces New Cash Withdrawal Restrictions -- ATMs Limited to Less Than $44 per Day In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,11...
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Mad Money's Jim Cramer Advises Investors to Get out of Crypto -- Says 'It's Never Too Late to Sell' The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trading platform �...
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Ren protocol warns users to unwrap tokens or risk losses as upgrade looms The team stated on Twitter that deposits would be disabled "shortly" and withdrawals within 30 days.
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Countries and institutions move into crypto despite market drop: Report November saw a reduction in BTC mining revenue for publicly traded miners, a decline in venture capital investment, and signals of Bitcoin going to $12,000.
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FTX's Odd Relationship With Vertical Farming Firms -- A Look at Exchange Boss Ryan Salame's and Bahamian PM Philip Davis' Trip to 80 Acres After discovering that ten holding firms associated with FTX Digital and Alameda Research invested roughly $5.4 billion into nearly 500 firms and projects, people have been curious about a few specific investments. One s...
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Bitcoin Infrastructure Firm Blockstream Seeks Fresh Funds at 70% Lower Valuation Than in 2021 The Bitcoin-focused development and infrastructure firm Blockstream is seeking fresh funds at a valuation that "may be below $1 billion," or about 70% lower than its most recent funding round in 2021, according to a Bloo...
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Total crypto market cap falls to $840 billion, but derivatives data shows traders are neutral Regulatory pressure continues to limit each upside breakout, but data shows some compelling reasons for an eventual crypto market rally.
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Alameda-Funded Ren Tells Users to 'Bridge Back to Native Chains' as It Sunsets 1.0 Platform According to the team behind the open protocol Ren, developers are winding down the Ren 1.0 network following the FTX and Alameda Research collapse. Last year, under previous Ren leadership, Alameda acquired Ren and was ...
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Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.
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Best Crypto to Buy Today, 8 December - IMPT, TWT, D2T, GMX, RIA 2022 has been a rocky year for the cryptocurrency market. Bitcoin's value has decreased more than 74% since its peak in November 2021, and most other cryptocurrencies have lost even more value during that time. ...
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Ethereum Price Prediction with ETH Down 4.5% from Highs - Here's Where It's Headed Next Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain network, has mounted a decent recovery on Thursday in tandem with a more risk-friendly tone to trade in traditional asset classes...
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Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Co...
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Solana Price Prediction as SOL Drops 5.5% - Time to Buy the Dip? SOL, the cryptocurrency that powers Solana's higher performance smart-contract enabled blockchain, has stabilized in the $13.50 area on Thursday after falling back from the mid-$14.00s on Wednesday. Versus its earlier we...
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New Report: November Month Alone Saw Record-Breaking $4.88 Billion Worth of Crypto Lost or Stolen - Here's What Happened As much as $4.88bn worth of crypto was either lost or stolen in November, with one incident alone accounting for a whopping $2.8bn, a new report from DappRadar has revealed. According to the report, the single largest ca...
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Today in Crypto: PayPal to Expand its Crypto Service to Luxembourg, Bybit Integrates ApeX Pro DEX, Nomad Preparing Relaunch Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news.__________...
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XRP Price Prediction -XRP Jumps 4%, Can it Keep Going Higher? XRP, the native cryptocurrency that powers Ripple's global blockchain-based payments system, has jumped around 4% from the monthly lows it printed on Wednesday under $0.3750. The cryptocurrency was last changing hands ju...
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Drones, Fertility, and Defi -- A Look at Alameda Research's Massive $5.4 Billion Portfolio of Investments Over the last few weeks, there's been a lot of information revealed surrounding the recent FTX and Alameda Research disaster. On Dec. 6, the Financial Times (FT) published documentation that shows Alameda's investment po...
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Bitcoin takes liquidity near $17K as US dollar shows weakness pre-CPI BTC price action targets $17,000 amid gently increasing volatility, with a week to go until U.S. inflation data.
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Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereu...
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Bitcoin Price Prediction as BTC Falls Below $17,000 - How Low Can it Go? The BTC/USD pair is trading sideways, maintaining a narrow range of $16,750 to $16,900 on December 8, but Bitcoin price prediction remains bearish following the breakout of an upward channel. Bitcoin has dropped 75% this...
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