The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. The cryptocurrency market has been struggling with bearish sentiments around most of its assets in the aftermath of the FTX collapse. This includes Ethereum (ETH), which has fallen back below the $1,100 level. However, the cryptocurrency community appears to be bullish on the asset’s future despite the market’s current situation. Notably, the… Source link

Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained below $1,200. Bitcoin Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped… Source link

The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the market has maintained a southward move beyond expectations. Besides the FTX saga, other activities have been erupting in the crypto space. Recently, Ethereum was hit with devastating selling pressure. The sudden move cut deep into the value of the… Source link

Gamza Khanzadaev Ethereum whale worth $817 million reactivates after being dormant for two years An unknown Ethereum whale holding 720,000 ETH, equivalent to $817 million, has “woken up” after being dormant for two years, according to a report from on-chain analytics portal Lookonchain. The investor awakening took place with the movement of this entire mass of coins, a number that exceeds even the position of Ethereum’s founder, Vitalik Buterin, according to him. However, the movement… Source link

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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 strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Ethereum co-founder Vitalik Buterin has published a cryptic tweet, which at first glance could cause further uncertainty in the crypto community. Referring to rumors of a possible bankruptcy of Genesis Trading and its parent company Digital Currency Group (DCG), Buterin wrote that “I’m hearing through the grapevine that something important is about to happen.” Buterin did not go into further detail, going on to say, “please recognize the fact that my elite social connections to… Source link

Litecoin has been climbing the crypto market cap ranking and currently stands at rank 15 with a market cap of  as of press time. Meanwhile, the shake-up sees Solana move in the other direction, sliding from its top 10 position at the end of October to place behind Litecoin at 16th. On Oct 30, Litecoin was languishing in the 21st spot, sandwiched between Cosmos and Chainlink. However, recent events have turned the crypto industry upside down, with some commentators warning that the FTX… Source link

It seems that the European Union is moving to ban privacy coins such as Monero (XMR), Dash (DASH) and Zcash (ZEC). Monero, Zcash and Dash at risk: here’s why From a document leaked by anonymous sources, it has been revealed that the European Parliament is working on an anti-money laundering policy proposal. The aim of the proposal is to ban banks and cryptocurrency providers from interacting with the privacy coins.  The news was revealed by an anonymous diplomat who disclosed it to a… Source link

It seems that the European Union is moving to ban privacy coins such as Monero (XMR), Dash (DASH) and Zcash (ZEC). Monero, Zcash and Dash at risk: here’s why From a document leaked by anonymous sources, it has been revealed that the European Parliament is working on an anti-money laundering policy proposal. The aim of the proposal is to ban banks and cryptocurrency providers from interacting with the privacy coins.  The news was revealed by an anonymous diplomat who disclosed it to a… Source link