Category: Latest news
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FTX could be revived; Binance received funds from Bitzlato
[ad_1] The biggest news in the cryptoverse for Jan. 19 saw FTX CEO John Ray II suggest that the failed exchange could be revived. Meanwhile, the U.S. agency FinCEN accused Binance of acting as a counterparty to Bitzlato, which itself faced enforcement action yesterday. Elsewhere, the attacker who exploited Raydium has moved $2.7 million of…
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FTX-linked Moonstone Bank is closing its clients’ cryptocurrency accounts
[ad_1] A rural Washington-based bank with extensive ties to FTX is closing its clientsβ crypto accounts, Forbes reported Jan. 19. Forbes stated that, based on communications that it has obtained, Moonstone is informing clients that it plans to close those accounts. Moonstone has reportedly asked clients to end their transactions and move their funds to…
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Deepest inversion since 1981, high probability of recession 2H 2023 or early 2024
[ad_1] Definition An inverted yield curve is when interest rates on long-term bonds fall lower than those of short-term bonds. This can signify an impending recession; an inverted yield curve emerges roughly 12-18 months before a recession. Quick Take Many different inversions have occurred across the yield curve, with the US10Y – US02Y deeply inverted…
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1inch launches multi-coin hardware wallet
[ad_1] Decentralized crypto exchange 1inch announced that it is launching a multi-coin hardware wallet. The project is in its final stages of development and is expected to launch later this year. The wallet is being developed by an independent and dedicated team within the company, with the funds acquired from the 1inch Foundation. The overview…
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On-chain metrics continue signaling a Bitcoin bottom
[ad_1] Previous on-chain research suggested the Bitcoin market bottom was in. CryptoSlate revisited several Glassnode metrics, which continue to indicate a bottoming of price. However, macro factors, which may not have been present in previous cycles, remain in play, potentially impacting the current cycle. Bitcoin Supply P/L Bands Bitcoin Supply P/L Bands show the circulating…
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Realized volatility surges above options volatility for the first time since FTX collapse
[ad_1] Definition Implied volatility is the market’s expectation of volatility. Given the price of an option, we can solve for the expected volatility of the underlying asset. Viewing At-The-Money (ATM) IV over time gives a normalized view of volatility expectations which will often rise and fall with realized volatility and market sentiment. This metric shows…
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ENS DAO considers proposal to auction 10,000 ETH for USDC
[ad_1] The Ethereum Name Service (ENS) DAO is considering a proposal to sell 10,000 ETH for USDC via a Gnosis Auction. The governance proposal submitted on Jan. 18 seeks to diversify the ENS DAO Treasury. Currently, the DAO holds about 40,746 ETH and $2.46 million USDC. However, due to the prolonged bear market, the DAO…
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Why is Bitcoin pumping in 2023? – BitTalk #4
[ad_1] On the latest episode of the cryptocurrency podcast βBitTalk,β hosts Akiba, James, and Nick discussed the recent surge in the value of Bitcoin. Despite many experts in the field predicting a dull year for the cryptocurrency, with a focus on building and the price hovering between $12,000 and $20,000, the value of Bitcoin unexpectedly…
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Donald Trump NFTs surge 133% to $570 in 24 hours
[ad_1] Former U.S. President Donald Trump’s NFT collection rose 133% in the last 24 hours to 0.3738 ETH which is roughly $570 as of press time. The NFT collection was involved in 961 transactions in the last 24 hours, and its sales volume surged 1687% to 316 ETH, according to OpenSea data. The 45,000 NFTs…
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Yuga Labs blacklists NFT marketplaces that do not support royalties
[ad_1] Bored Ape Yacht Club (BAYC) creator Yuga Labs blacklisted addresses related to LookRare, SudoSwap, Blur and NFTX for not supporting royalties for its Sewer Pass NFT. Royalties are payments made to NFT creators each time their assets are sold on a marketplace. OpenSea mandates creator royalties of up to 10% β while others like…