Author: e_cash_top

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[ad_1] Galaxy Digital CEO Mike Novogratz called the FTX debacle “a crisis of confidence” during an exclusive CNBC interview where he claimed the incident had created a deficit of trust across financial markets. Novogratz described the personality of SBF as delusion and one prone to grandiosity while calling out the FTX incident as a criminal…

Bitcoin records the largest miner outflow to wallets in 2-years

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[ad_1] Miners are still facing the worst of the crypto market’s turmoil, with profits down by 80% from top levels. In the wake of mounting capitulation pressure, the Poolin multi-asset mining platform recorded the single largest miner outflow from wallets in 2-years, involving 10,000 Bitcoins. Poolin, a popular mining pool, reportedly witnessed the large outflow, …

Shady meme coins blamed for spike in dead crypto projects in 2021

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[ad_1] CoinGecko compiled dead token data on its platform since 2014, showing that 2021 was the biggest year for deactivated coins, coming in with 3,322 projects folding. Unusually, deep within crypto winter, the number of dead tokens for the current year is significantly fewer than the prior year, at 951. Source: CoinGecko.com 947 dead crypto…

Coinbase Wallet says Apple requested 30% of all NFT transfer gas fees

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[ad_1] Coinbase Wallet on Dec. 1 revealed that Apple blocked its last application update and requested 30% of all NFT transfer gas fees. You might have noticed you can’t send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature. 🧵 — Coinbase Wallet (@CoinbaseWallet)…

15M BTC goes into self custody

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[ad_1] Nearly 78% of Bitcoin’s total circulating supply is illiquid, according to Glassnode on-chain data analyzed by Cryptoslate, leaving less than 22% of all mined BTC moving around and exchanging hands. The metrics show investors have been pulling their digital assets away from exchanges and storing them in custodial wallets, to avoid selling them. Cryptoslate…

Bitcoin halving pattern suggests price will cross above higher, realized value

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[ad_1] The Bitcoin halving refers to an event where miners’ block rewards are cut in half. This occurs roughly every four years, depending on when a total of 210,000 blocks have been mined from the previous halving go-live date. As a result, the number of new tokens entering circulation slows and fewer tokens enter the…

Unique multi-asset launchpad aims to democratize venture capital

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[ad_1] Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › SwissBorg has a goal of democratizing venture capital and equalizing wealth management through its new multi-asset launchpad. On a mission to democratize wealth management, a crypto-based solution is implementing 7 layers to disrupt multi-asset management…

Solana crashes 55% in November but NFT trades still booming

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[ad_1] Solana has been on a downtrend since the collapse of FTX, as investors have been selling their SOL holdings due to its connection with the Sam Bankman-Fried crypto empire. SOL down 55% According to CryptoSlate data, SOL was one of the worst-performing digital assets in the last 30 days. The digital asset is down…

Italy to impose 26% crypto gains tax from 2023

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[ad_1] Italy is planning to tighten regulation around cryptocurrencies by taxing capital gains beginning in 2023. According to the European country’s proposed budget for next year, all digital currency profits above £2,000 will be subject to a 26% tax levy. The provisions also declared that Italian investors who declare their digital asset holding by 2023…

Bitcoin breaks $17k resistance as markets expect slower rate hikes

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