Price Analysis for Crypto market leaders, Bitcoin, Ethereum, Litecoin
The general crypto market moves in retrospect of Bitcoin(BTC) Ethereum(ETH) and Litecoin (LTC) because they’re built on the layer 1 blockchain, Volatility in the market is determined by these coins which is why In this article, we analyzed the top 3 cryptocurrencies to determine the movement of the market. Bitcoin Analysis Bitcoin’s price declined by […]
FTX gets three more months to stop all operations in Japan
Japanese authorities have postponed FTX Japan’s suspension deadline because the firm has so far failed to return assets from custody to creditors. Local regulators have given the Japanese affiliate of the now-defunct cryptocurrency exchange FTX permission to work through withdrawal-related problems into the following year. According to Reuters, a statement addressing FTX Japan operations has […]
SBF To Testify Before House Committee On December 13
Sam Bankman-Fried said he is willing to face U.S House Committee on Financial Services but he will have very little information to talk about. The former CEO of FTX has stated his willingness to appear before American authorities. On December 13, the House Committee on Financial Services. However, he acknowledged that a lack of knowledge […]
FalconX says finances strong despite FTX exposure
FalconX says balances locked on the collapsed exchange FTX represented 18% of unencumbered cash equivalents. The cryptocurrency trading firm FalconX has admitted that the demise of FTX cost it money. However, the company added that this ratio fell well within their counterparty exposure limits. The company stated that its assets locked on FTX represent only […]
Bitcoin Community Works To Unlock Its DeFi Potential
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi. One year after the Bitcoin soft fork, industry support for Taproot is still at a crawl, demonstrating that the world’s largest cryptocurrency holds great promise for innovation and wider adoption of Web3 solutions. CEO of the Web3 developer platform […]