Markets

A market analyst has spotted a pattern in the fund transfers made by the FTX hacker to OKX. The crypto exchange said that it is investigating into the matter.On Tuesday, November 29, the FTX hacker who drained $450 million worth of assets from the exchange, moved some of his assets to the crypto exchange OKX in an attempt to launder money. The FTX hacker has been constantly shuffling funds from one digital asset to other.Initially, the hacker converted all the stoled stablecoins into Ether...

In the latest announcement on France and Luxembourg collaborating on the Venus project, it was revealed that both institutions are proposing cross-border settlements.The Central Bank of France and the central bank of Luxembourg have partnered to roll out the “Venus Initiative”, which allows them to use an experiential CBDC for a 100 million euros bond. Worth $104 million, the bond is the latest means employed in a series of trials in tokenized financial markets. Apart from France and...

Tron price started a downside correction from the $0.0650 level against the US Dollar. TRX price is now trading above $0.0500 and near the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0535 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.055 resistance zone. TRON price started a fresh increase above $0.050 against the US Dollar, similar bitcoin. TRX price could rise further if it clears...

Bitcoin price started a recovery wave from the $15,500 support against the US Dollar. The price is now trading above $16,500 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $16,480 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could recover further, but upsides might be limited above the $18,500 resistance zone. Bitcoin price is recovering above $16,500 against the US Dollar. BTC might...

On the AngelBlock platform you will notice the ongoing Early Access to a native token, Tholos ($THOL) for community members, which started on November 16th and will be held until November 30th. The team also announced three winning startups in the AngelBlock Startup Grant Program, who each receive 30K USDT, in addition to being listed on the platform for further on-chain fundraising. Good timing in the bear market? This year’s fall has been a busy time for the AngelBlock team. Over the last...

According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits. GitHub activity essentially indicates which projects are receiving attention from devs and are being meticulously developed. Given the tepid market conditions, Cosmos’ increased activity hosting service is a good sign. The ongoing bear market can be viewed as a builder’s market. This is due...

[PRESS RELEASE – Please Read Disclaimer] One of the main goals of Rebus is to reimagine TradFi and DeFi to increase adoption and benefit more than just $REBUS holders, but the entire ecosystem of users. With an emerging gaming market on Web3, Rebus has created a way to capitalize on play-to-earn crypto gaming. That’s where LUDUS comes in. This exclusive token is dedicated to the play-to-earn community and other projects launching on the Rebus chain soon. The LUDUS token...

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ADA price is signaling a bearish bias below the $0.35 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to surpass the $0.320 resistance zone. Cardano price is struggling below $0.32 against the US Dollar, similar to bitcoin. ADA price...