Crypto news

The Aussie cryptocurrency exchange – Swyftx – and the investment platform – Superhero – have reportedly abandoned the previously planned $1 billion merger deal. Some of the main reasons are the enhanced control over crypto firms in Australia and the diminishing interest in digital assets following the spectacular collapse of FTX. Swyftx Takes Another Punch As reported by The Australian Financial Review, Swyftx will sell Superhero back to its founders – John Winters and Wayne...

Mark Cuban is not happy about what’s happened with FTX, and he’s taking to social media and other online platforms to express his disappointment. Mark Cuban Isn’t Happy About the FTX Fall The FTX collapse rocked the crypto world. What was long considered one of the biggest players in the digital currency world has suddenly come crashing down without notice, and its fall from grace has led to several repercussions. Allegedly experiencing a liquidity crunch, the company...

[PRESS RELEASE – Please Read Disclaimer] Bitsgap has completed the major redesign of its three most successful crypto trading bots ahead of the Christmas sale Tallinn, Estonia — Bitsgap, one of the biggest crypto aggregators, has completed the redesign of its main crypto trading bots in time for the holiday season, offering all annual plans at a discounted price. Despite the crypto downturn, the Bitsgap team has had a busy few months, redesigning its most successful bots and...

In a market outlook report published on Dec. 20, Coinbase Institutional stated that the crypto winter will extend well into 2023, especially for altcoins. Company analysts expect digital asset selection will transition towards “higher quality names” like Bitcoin and Ethereum. This is based on several factors, such as sustainable tokenomics, the maturity of respective ecosystems, and relative market liquidity. They were not confident that altcoins would see much momentum next...

A new green version of cryptocurrency is being unveiled in the town of Vienna, Austria. Known as Live Green Coin (LGC), the asset is set to make a lot of environmentally concerned people very happy given there have been several arguments over the years that digital currency is going to somehow bring the Earth to its knees. LGC Is Here! Robert Kun – CEO and founder of LGC – explained in a recent statement: It is with great happiness and genuine excitement that we announce...

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The Advertising Standards Authority (ASA) – UK’s advertising regulator – banned an NFT promotion by Crypto.com on December 21. According to the press release, ASA flagged a paid-for Facebook advertisement for the crypto platform, citing failure to illustrate the risk of investing in NFTs as well as clarify details with regard to fees. This isn’t the first complaint against an advertisement by the exchange. In fact, the regulator banned two adverts from the platform following...

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It was said that crypto holders would make a big dent in this year’s midterm elections, and as of this writing, republicans have retaken control of the House of Representatives, offering clear evidence that bitcoin fans and Americans in general have turned on Biden and his nation-hating cronies. Biden Is Losing Power Throughout 2022, crypto prices have been crashing and reaching what appear to be points of no return. Bitcoin, for example, has fallen to a new low of...