Crypto news

Despite the recent correction in which bitcoin lost roughly 20% of its value in a week, on-chain data suggests that the liquidity crisis could be increasing. In just three days, exchanges have seen more than 23,000 coins taken off, worth more than $1.3 billion. $1.3B In BTC Withdrawn From Exchanges in Three Days Citing data from the blockchain analytics company Glassnode, crypto analyst Ali Martinez outlined the recently enhanced bitcoin withdrawals from digital asset trading...

[PRESS RELEASE – Please Read Disclaimer] FYD, a decentralized community of freelancers, announces the release of FYDme: a web/mobile application to cater the gig economy and newcomers in crypto. FYDme is scheduled for public BETA release on November the 30th. Meanwhile FYDcoin is gearing up for its listing on Lbank November the 23rd. AMSTERDAM – November 16, 2021- The introduction of FYDme is set to disrupt the gig economy and usher in a new era for freelancers and online...

The Parliamentary Standing Committee on Finance in India has recently issued a statement saying that bitcoin and cryptocurrency must be regulated given that the digital currency and blockchain spaces “cannot be stopped.” India May Be Moving In the Right Direction This is a huge statement coming from an authority based in India given the country’s up-and-down relationship with what is arguably one of the largest and fastest-growing financial industries out there. India...

Changpeng Zhao – Chief Executive Officer of Binance – revealed that Binance US (the American arm of the cryptocurrency exchange) plans to raise hundreds of millions of dollars in a funding round. Additionally, Binance will soon disclose where its new headquarters will be. Funding Rounds Before The IPO Speaking at the Bloomberg New Economy Forum in Singapore, Zhao (commonly known as CZ) admitted he does not know the exact number of the fresh funding. However, it will be a...

One of the richest people in the digital currency arena is Sam Bankman-Fried, the CEO and founder of popular cryptocurrency exchange FTX. He says that one of the big things that helps keep him rich is charity and giving away part of his crypto funds to other needy people and industries. This helps him keep his money in check and consistently reminds him about what’s important in life. Sam Bankman-Fried Says Giving Crypto Away Keeps Him Grounded In an interview,...

Das Liechtensteiner FinTech-Unternehmen CROWDLITOKEN AG stellt unter der Führung des neuen CEOs Dadvan Yousuf den Erwerb einer weiteren Schweizer Immobilie vor. Ab sofort können sich Investoren aus ganz Europa ab 100 CHF/EUR über digitale Wertpapiere (Tokens) beteiligen. Die Gewerbeliegenschaft im Zentrum von Heimberg BE mit Büro- und Verkaufsflächen hat einen Marktwert von rund CHF 5.65 Millionen Schweizer Franken. Der jährliche Mietertrag beträgt rund CHF 285’000, was einer...

Cape Town, Africa & Switzerland 16th Nov 2021. African blockchain disruptors and early-stage startups have joined CV Labs Global Incubation Program Batch_03. The African contingent of incubatees is reflective of Crypto Valley Venture Capital’s (CV VC) global investment strategy, to invest in blockchains’ wider applicability to solving problems and creating new markets, beyond crypto. The incubation program is a precursor to CV VCs’ public-private partnership with the Swiss State...

This morning, bitcoin dipped below 50,000 euros for a brief moment. This morning, bitcoin dipped below 50,000 euros for a brief moment. The price recovered quickly, but it feels like a new all-time high is residing in a galaxy far, far away. That’s the nature of cryptocurrency. In the beginning of this week, everyone was hopeful but a couple of days later, the market sentiment changed to fear. Perhaps it’s wise to listen to Warren Buffett when...

According to legendary investor Ken Griffin, bitcoin will soon be a thing of the past. The world’s number one digital currency by market cap will eventually be outdone by its main competitor Ethereum, which in turn, will be outdone by a whole new generation of digital currencies. He suggests that this will be a vicious cycle, in which many crypto assets likely will not survive and be replaced by future coins. Ken Griffin Thinks ETH Will Outdo BTC In an interview, Griffin...

Following the recent decline in the cryptocurrency market, in which bitcoin has lost nearly 20% of its value since its all-time high, the general sentiment among investors has changed drastically. The Fear & Greed Index has gone into a state of “Fear” for the first time in nearly two months. Fear Is Back Again The popular Bitcoin Fear & Greed Index is a metric that follows several factors within the digital asset community to reveal the momentary sentiment towards the...