Category: Crypto News
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Bitcoin: record withdrawals from exchanges for investors
The weekend didn’t hold any major moves for cryptocurrencies, although Bitcoin returned just below $17,000. The situation for the leading digital currency remains in the balance, with the pressure continuing after the collapse of Sam Bankman-Fried’s FTX exchange. This is confirmed by the data on flows in recent months provided by CryptoCompare, which show that in November…
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Binance closes a trader’s account!
Last minute. The crypto exchange Binance suspends a trader’s account after complaints on Twitter. We tell you the allegations of both! The main cryptocurrency exchange, Binance, suspends the account of one of the largest and most influential traders in the crypto community. Due to a series of tweets accusing Binance and 3Commas of leaking their API, causing…
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Crypto.com CEO Kris Marszalek defends himself against FUD around the exchange
According to a CNBC investigation, Crypto.com CEO Kris Marszalek was involved in companies that went bankrupt. Despite the fact that no evidence of wrongdoing by the Crypto.com exchange has emerged, the trading history of its CEO, Kris Marszalek, is replete with red flags. Following the collapse of a Kris Marszalek company in 2009, a judge…
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Mike Novogratz Changed His Forecast That Bitcoin Could Hit $500,000
Novogratz has repeatedly predicted that Bitcoin could hit $500,000 in five years. However, during a recent appearance on Bloomberg TV, the CEO of Galaxy Digital said that it was no longer possible for Bitcoin to reach the $500,000 mark during that span. Friend Mike changed his prognosis due to a change in circumstances. Mike Novogratz has modified his Bitcoin…
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El Salvador will be one of the richest nations thanks to Bitcoin according to Tim Draper
During an interview, billionaire and renowned venture capitalist Tim Draper considered that El Salvador will become one of the richest countries in the world. This, according to Draper, thanks to the fact of having officially adopted Bitcoin as the official currency. The statements of the renowned guru took place in a chat with Anthony Pompliano, where the…
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Huobi Report Suggests Cryptocurrencies Will Bottom Out in 2023
A Huobi Research report predicts that the cryptocurrency market will bottom out in 2023. As well as significant advances in on-chain storage and Layer 2 rollups. Huobi researchers have dove into the major events that occurred in the cryptocurrency market and industry in 2022 to try to predict how they might shape the landscape in the coming…
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Vitalik Buterin: “Focus on technology rather than price”
Ethereum co-founder Vitalik Buterin offered some advice to traders: “Focus on technology rather than price.” Ethereum co-founder Vitalik Buterin has shared some sage advice for traders feeling affected by the cryptocurrency bear market: “Focus on technology rather than price.” The Ethereum co-founder made the recommendation in response to a Dec. 3 post by self-described cryptocurrency investor CoinMamba. Echoing…
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Warner Music partners with Polygon to create Web 3.0 music platform
Warner Music Group, one of the world’s leading music companies, is going further into Web 3.0 by joining forces with Polygon with the launch of LGND Music. Music non-fungible tokens (NFTs) have been an emerging trend following the industry’s integration with Web 3.0 technologies. Giants like Sony Entertainment have recently added support for NFTs. WMG is…
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The Spanish accommodation app, Central de Reservas, will allow payments with Bitcoin
The Spanish accommodation reservation platform, Central de Reservas, announced that it will allow clients or users to pay with Bitcoin (BTC). Thanks to its recent integration with the crypto provider Criptan, which was recently recognized by the Bank of Spain. The CEO of Central de Reservas, Ricardo Buil, stated the following : «We are in a moment of constant…
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Law on consumer protection of cryptocurrencies
Bills on Cryptocurrency Consumer Protection and Proof of Exchange Reserves Introduced in the US Congress US Congressman Ritchie Torres has introduced bills in the House of Representatives to ban the misuse of client funds by cryptocurrency exchanges. And so, require these platforms to disclose proof of reserves to the Securities and Exchange Commission (SEC). The short bills…
