Bitcoin and Crypto News

Daily expert insights on cryptocurrencies, blockchain, NFTs and more

Cardano NFTs create growth – Ghostchain is up 674 %

Nov 11, 2022

Cardano has been late to the NFT party and one of the reasons was the fact that its technical development took longer than expected. Many critics called Cardano a “ghost chain” for its lack of a DeFi and NFT economy. It seems that this assessment is far from being correct and while we are still facing a brutal bear market, Cardano NFT ecosystem is doing great.

Binance won't buy FTX, markets tank

Nov 10, 2022

The deal of Binance acquiring FTX, which was supposed to cost $1, is most likely off. Crypto markets weren't pleased. BTC dropped to 15.700 euro before recovering a bit during the night. The fact that millions of FTX depositors might not see their money back, is considered a blow that the crypto industry will take a while to recover from.

FUD debunked: USDC and USDT are perfectly safe

Nov 10, 2022

In the last couple of days many misconceptions about stablecoins were discussed in the media. The FUD was juicy and the story was told that Tether (USDT) and Circle (USDC) had exposure to FTX and could face serious consequences. None of this is true and while FTX is imploding, stablecoins are not affected.

Markets in shock - here's what happened with FTX

Nov 09, 2022

After a week that started off great with a nice step forward, the markets took two big steps back. Declining prices all across the board, and social media full of FUD (fear, uncertainty, doubt). It is important to understand what caused this market crash and what to expect next.

Crypto is crashing – could this offer new opportunities? 

Nov 09, 2022

By the looks of it, FTX and Binance started a feud via Twitter last weekend that resulted in a liquidity shortage and crash that is so far unprecedented. To some crypto veterans, this feels like Terra and Celsius repeating all over again. It is in those times when everything seems to be swallowed by a black hole that cannot be escaped when fortunes are made. 

Battle of the Titans: Binance to acquire FTX

Nov 08, 2022

After shocking 48 h and a tanking FTT price both billionaires came to an agreement. Binance entered a preliminary agreement to help FTX with a liquidity crisis that was induced to some extend by a business move that was made by Binance CEO Changpeng “CZ” Zhao only one day earlier.

Stablecoin growth: Circle integrates EUROC on Solana

Nov 08, 2022

Solana is one of the fastest and most scalable blockchains and has a thriving DeFi ecosystem. Despite several hiccups and complete outages, this ecosystem is growing. It was last weekend during the Solana Breakpoint conference when Circle announced its new plans for Solana.

Market panic because of war between Binance and FTX

Nov 08, 2022

Crypto markets are plummeting against the backdrop of what seems to be a feud between the CEO's of two giant crypto exchanges: Binance and FTX. We list the rather worrying developments and discuss the possible implications of this new war within crypto.

Silk Road hacker caught with fifty thousand BTC under bathroom floor

Nov 08, 2022

The US government has just given itself another opportunity to put some Bitcoin on its balance sheet. The Department of Justice found 3 billion worth of Bitcoin on a computer in a popcorn can in the bathroom of a man in Georgia. He had hacked the online dark market Silk Road ten years ago.

Is the BTC price decoupling from the stock market?

Nov 08, 2022

In the recent month or so, Bitcoin and crypto prices seem to be decoupling from stock markets. It's a promising sign that the correlation that seemed to last forever, might be breaking. It's too early to decry victory yet, but still. After all, why would you hold crypto in your portfolio, if it moves with other assets?

FTT tanks amidst concerns over FTX and Alamedas financial status

Nov 07, 2022

Last week a report from Coindesk raised concern in the crypto community. According to that report, Alameda research has billions of Dollars’ worth of illiquid assets in its balance sheet and took out loans using them as collateral. This is very similar to what we have witnessed during the lending crisis involving Terra, Celsius, Voyager and BlockFi. The price for FTT started tanking yesterday when the CEO of Binance announced that his company would sell about 23 million FTT which was worth $585 million at that time. Is FTX is broke, is this the next catastrophe, and how could this possibly play out for the crypto market?

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