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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

ugurhan/iStock via Getty Images A month after the collapse of the FTX (FTT-USD) cryptocurrency exchange and a month-long period of consolidation in the range of $15,500-$17,200 per Bitcoin (BTC-USD), the most popular cryptocurrency was trying to break out of the bearish trend and was trading above $18,000 for a short time. Despite the appearance of the first signs of optimism in the market, the situation began to worsen again, primarily due to news of a potential criminal case against the… Source link

In an interview this week, CZ told CNBC’s “Squawk Box” anchors that, in fact, a “good chunk” of that payment was received in FTT – which, lest we forget, is now aggressively less valuable than an IOU – and that up until recently he had “actually forgot” about some $580 million FTT that Binance had left over from the transaction. Source link

ADELAIDE, AUSTRALIA / ACCESSWIRE / December 19, 2022 / DeFi protocol Fluidity has announced that it will go live on the Ethereum mainnet on December 19. Fluidity, Monday, December 19, 2022, Press release picture The blockchain incentive layer, which rewards users for swapping, trading or performing any on-chain transaction with Fluid-wrapped assets, will initially be released on Ethereum with Solana, Arbitrum and Polygon to follow. Built around a completely safe, audited system, Fluidity… Source link

Bitcoin (BTC) stayed rigid below $17,000 at the Dec. 19 Wall Street open as skeptical traders feared more downside. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC traders call time on upside potential Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around the $16,700 mark, practically unmoved over the weekend. The pair saw only fractional volatility at the open, as United States equities fell slightly. At the time of writing, the S&P 500 and Nasdaq… Source link

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

The global crypto market has seen a positive trend despite the strong bearish pull. The recent changes for Bitcoin, Binance Coin, and others show that there has been a decrease in gains. The market has faced turbulence due to the lowered gains. Though there have been attempts to revive its value, there has been no big change. As the market continues to face problems, there have been fluctuations in the influx of capital. According to experts, Eva Kaili’s arrest has proved to be a setback… Source link

During this increase in regulatory attention, the Securities and Exchange Commission will continue to declare that all tokens are unregistered securities, which is categorically untrue. Just because this new database technology is able to digitize and tokenize any asset doesn’t mean all such assets are securities. We will see tokens representing everything: an electron on a microgrid, a bar of gold, a carbon offset credit, a software license, a governance right, a concert ticket, a… Source link

Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The world’s largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday. Bitcoin Bitcoin (BTC) started the week below $17,000, as prices continued to consolidate following a volatile weekend. Following a low of $16,671.80 on Sunday, BTC/USD rose to a peak of $16,815.39… Source link

Are you keeping bitcoin on an exchange? Let me tell you a story about what happens when you, and others, leave your bitcoin on exchanges. You might be surprised to hear what that means for your holdings. It might sound a lot like your own. Let’s call our character Bill. Bill has been cautiously watching bitcoin for years, hearing about it in passing and reading a few articles. After inadvertently saving a lot of cash due to lockdowns, he decided to dive into bitcoin at last. A friend told… Source link