“First Mover” covered the top stories in crypto, including Sam Bankman-Fried reportedly signing paperwork to begin the extradition process. Bernie Madoff’s former attorney, Ira Lee Sorkin, weighed in. Plus, TRON founder Justin Sun discussed the chill of crypto winter as Core Scientific, one of the largest bitcoin miners, filed for bankruptcy. And Teddy Fusaro of Bitwise Asset Management provided his crypto markets outlook heading into the new year. Source link

Twitter has added a new crypto feature that enables Twitter users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing “Bitcoin” or “Ethereum” into the search tab.  The Elon Musk-led social media platform didn’t announce the new feature to the public. However, the Documenting Bitcoin account was one of the first to highlight the update, and shared a screenshot of the new price index feature to its 853,700 Twitter followers on Dec. 21. Twitter now shows the #bitcoin… Source link

This is an opinion editorial by Will Schoellkopf, author of “The Bitcoin Dog” and host of the Bitcoin podcast “It’s So Early!” When it comes to paywalls versus #value4value, is it really all or nothing? Author’s note: My aim is not to attack anyone personally. I will use specific people’s quotes for my examples, but my intent is to respectfully challenge ideas, not attack people. Healthy debate of ideas in good faith helps Bitcoin, so I hope they understand. In Gigi’s article,… Source link

Ethereum (ETH) creator Vitalik Buterin is citing four significant reasons why the world needs cryptocurrency after the FTX collapse has emboldened its naysayers. In a new interview on the Bankless podcast, Buterin highlights four use cases illustrating the benefits crypto brings people throughout the world. Buterin says crypto is already a better way to make transactions when sending donations to various charities and investing in startup ventures. “I personally have used… Source link

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The recent correlation seen between stock prices and the crypto market diverged on Wednesday as cryptocurrencies fell under pressure while the major stock market indices broke higher, helping to lift the sentiment on Wall Street. As a result of the positive day for stocks, the… Source link

Searching BTC data back to 2015, and filtering for RSI levels between 49 and 50 shows 61 occurrences with an average gain of 2.2%, 30 days after the fact. For ETH, filtering for RSI levels between 47 and 49, showed 43 occurrences since 2017, with an average 30-day gain of 6.7%. Source link

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Monero (XMR) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 0.82% to $147.84 while the broader crypto market is down 0.67%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero… Source link

Ah, what a perfect way to end a year of fraud, deception and disappointment. Earlier this week, on-chain sleuths noticed that more than 100 BTC were on the move from wallets that were controlled by and theoretically only accessible to former QuadrigaCX CEO Gerald Cotten. The problem? Cotten was supposed to have died in December of 2018. Source link

“The probability of a recession is high,” crypto trader Thomas Kralow previously said in an emailed comment. “People lose their jobs, the Fed pivots too late and we will see the same situation that played out back in 2008. When the Fed pivoted there was a relief rally for S&P 500, but as the interest rates finally started going down the market crashed another 40%.” Source link