Crypto news

Tron price started a fresh increase above the $0.0530 level against the US Dollar. TRX price is now trading above $0.0540 and the 55 simple moving average (4-hours). There is a key connecting trend line forming with resistance near $0.0552 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0556 resistance zone. TRON price started a fresh increase above $0.054 against the US Dollar, similar bitcoin. TRX price could rise...

Bitcoin price started a recovery wave above the $17,000 support against the US Dollar. The price is now trading above $17,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $18,000 resistance zone. Bitcoin price is recovering above $17,000 against the US Dollar. BTC might extend its recovery if...

Coinbase, BTC Direct und Bitpanda: Mittlerweile gibt es einige Bitcoin Serices, die sich auch für Anfänger und Einsteiger eignen.. Coinbase, die globale Plattform für Kryptowährungen, bietet Finanzdienstleistern in der Schweiz jetzt einen noch einfacheren und sicheren Einstieg in die Welt der Kryptowährungen an. Seit dem 01. Dezember 2022 ist Coinbase Teil des Open Business Hub von Swisscom und erhält zentralen Zugang zu den Business-API-Ökosystemen...

The FTX collapse spurred action from yet another financial watchdog. The Thailand Securities and Exchange Commission (SEC) is gearing up to impose more stringent regulations on crypto assets similar to that of the global market in a bid to protect investors. According to Bangkok Post, the SEC said that regulators should play a greater role in enhancing investor protection mechanisms. The regulator has established a working committee consisting of relevant government agencies...

On December 13, 2022, Bahamian authorities denied parole to Sam Bankman-Fried, also known as SBF, after he was charged by U.S. lawmakers with eight counts of financial fraud. As reported by Reuters, Bahamian Chief Magistrate JoyAnn Ferguson-Pratt denied Sam Bankman-Fried’s lawyers’ request for parole, citing a “great” risk of him becoming a fugitive. Therefore, SBF, now inmate 1472, must spend Christmas in a Bahamian correctional facility, per Magistrate Ferguson-Pratt’s...

FTX’s bankruptcy attorney and new CEO, John Ray, spoke to the House Financial Services Committee on Friday to break down some of the internal details of the exchange’s fallout.  Ray said that FTX customers’ assets were used by Alameda Research for margin trading, confirming a long-held suspicion about the two companies that former boss Sam Bankman-Fried (SBF) has been hesitant to admit.  Confirming the Fraud During his preliminary remarks, Ray said that while his...

Tether is back again with criticism of the mainstream media, which has once again called out the stablecoin provider for having potentially unreliable reserves. In response to the “recent cycle of Tether FUD,” the company has promised to reduce the secured loans in its reserves to zero by the end of 2023.  What’s the FUD About? Earlier this month, the Wall Street Journal called out Tether for its “secured loans” – whereby Tether lends out its own stablecoin tokens rather than...

Popular Youtuber Nicholas Merten (DataDash) argued that investors have not rushed to “buy the dip” on worries of the inflation numbers, which clocked in lower than the expectations earlier today. Based on his research, the number of people buying and selling BTC has been dropping each week recently, which indicates that its price will likely continue to fall.  More Pain Coming In his most recent video, Merten claimed that the traditional bear market for bitcoin is yet to...

Crypto and Bitcoin markets are heading for a lull period if the on-chain activity is anything to go by. In its last weekly on-chain report for the year, analytics provider Glassnode reported that Bitcoin annualized realized volatility has been the lowest since October 2020. The metric matches similar low volatility levels at the previous cycle bottom in late 2018. Futures volumes are also severely depressed at multi-year lows, it stated, adding: “This shows the massive impact...

Satoshi Nakamoto was last active on the popular and veteran bitcointalk forum on this date 13 years ago. Nakamoto did not want to be a “mysterious shadowy figure.” Instead, the creator of the world’s largest crypto-asset wanted to focus on the open-source project and give more credit to the dev contributors. Source: Bitcointalk“More Work To Do” Over a decade later, the identity of Satoshi Nakamoto continues to be an unsolved mystery. The Bitcoin creator contributed...