Crypto news

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Three Arrows Capital (3AC), a Singapore-based crypto hedge fund, became one of the many industry participants that went bankrupt in the bear market. At its peak, 3AC managed more than $10 billion worth of assets. Its undoing was disastrous but wasn’t purely a market-driven phenomenon. In the latest Twitter thread, Zhu Su said the parent firm of Grayscale Investments and Genesis Trading conspired with FTX to bring down Terra’s LUNA token and Staked Ether (stETH). Zhu Su Blasts...

Bitcoin tried to challenge $17,000 hours ago but was stopped before having the chance to come close, at least for now. The altcoins have calmed since yesterday’s impressive gains, except for Solana, which continues to recover its recent losses and LDO. Bitcoin Came Close to $17K The end of 2022 was untypically calm for the primary cryptocurrency, which remained around $16,500 after losing a few hundred dollars throughout the week. Although the first day of the new year...

Dubai steht am Rande einer Immobilienrevolution, die Bauprojekte sind in vollem Gange und Investoren aus aller Welt haben die Möglichkeit, davon zu profitieren. Diese luxuriöse Stadt in den Vereinigten Arabischen Emiraten hat aufregende Pläne, sich zu einer wahren Weltstadt zu entwickeln. Mit nur 100 Franken ist es jetzt sogar möglich, sich in die Riege der cleveren Investoren einzureihen, die ein regelmässiges passives Einkommen erzielen – und das in dieser pulsierenden Stadt. Unglaublich,...

INTERNET CITY, DUBAI, Dec 30, 2022 – LBank Exchange, a global digital asset trading platform, will list Weber (WBC) on January 1, 2023. For all users of LBank Exchange, the WBC/USDT trading pair will be officially available for trading at 8:00 UTC on January 1, 2023. As a next-generation Web 3.0 integrated platform, Weber PROJECT provides various services based on know-how built up over the years as a blockchain specialist. Its native token Weber (WBC) will be listed on...

The Dogecoin Foundation – a nonprofit organization that supports the development of the first-ever memecoin – announced a new 5,000,000 DOGE development fund. The capital will be distributed to developers who contribute to the advancement of the token’s ecosystem. The entity also revealed that Marshall Hayner (one of the fund’s custodians) joined the Dogecoin Foundation Board of Directors.  Stimulus for Developers The organization vowed to move five million DOGE (worth around...

The 2022 crypto winter got colder and darker in November when one of the biggest and most prominent crypto exchanges, FTX, imploded. The company, which had bailed out several crypto firms during the Terra-induced crash in May 2022, ended up filing for bankruptcy. While FTX’s founder, Sam Bankman-Fried (SBF), and other executives are currently facing multiple lawsuits for fraud, fresh reports have surfaced alleging that the FTX-linked crypto trading firm, Alameda Research, was...

Ripple’s price has gone through increased volatility over the last 24 hours, experiencing fluctuations of around 15% in a matter of hours. Yet, there might be more of it en route. Technical Analysis  By: Edris XRP/USDT Daily Chart On the daily timeframe, it is evident that the price has dropped towards and rebounded from $0.3 rapidly, as demonstrated by the considerable wick to the downside. The initial decline has been in play since the price was rejected from the 200-day...

The Consumer Price Index (CPI) releases showing the current inflation rate in the USA and the Federal Open Market Committee (FOMC) meetings which determine the rate hikes in the country, have resulted in significant price swings in the cryptocurrency market over the past several months. In the following, we take a look at the events’ dates in 2023. The CPI Calendar Year-over-Year inflation numbers are quite staggering in certain countries, such as Lebanon (162%), Venezuela...