Category: Latest news

[ad_1] Dec 2022, CoinGecko and Footprint Analytics Joint Report There is an underlying assumption that the entire NFT market is fraudulent in nature and only consists of wash traders. Unfortunately, we often see media headlines pushing this narrative. After all, why would people spend millions of dollars on a JPEG?  Wash trading is the act…

[ad_1] A chorus of recession calls Fed officials have been prohibited from speaking ahead of next week’s fed funds announcement; investors have been left pondering on U.S. rate cuts priced in for 2023 and 2024. While December 2023 Fed Funds Rate Futures are priced at 4.5%, December 2024 is currently priced at 3.5%; an aggressive…

[ad_1] According to recent data from MEV Watch, for 24 hours timeframe, 64.44% of Ethereum blocks were compliant with OFAC standards. However, the Ethereum educator and investor sassal.eth reported on Dec.9 that OFAC compliance topped 80% and then decreased to 65%. ‘OFAC compliant blocks’ topped out at 80% & is trending down (currently 65%). This…

[ad_1] Crypto news outlet The Block’s CEO Michael McCaffrey has resigned after failing to disclose a series of loans from Alameda Research – a company linked to former FTX head Sam Bankman-Fried (SBF). McCaffrey took over as CEO in 2021 after using a $12 million loan from Alameda to buy out other investors in the…

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[ad_1] Argo Blockchain, a crypto mining company, has reportedly accidentally revealed a petition for bankruptcy. This news was reported by Will Foxley, the Content Director at Compass Mining, who shared a screenshot of the special announcement from Argo Blockchain, which was dated for Dec. 12. Argo is preparing for a bankruptcy on Monday, per a…

[ad_1] Brazil National Fan Token is down 50% in a few hours and about 56% in 24 hours after losing against Croatia at the FIFA World Cup in penalty shootouts. JUST IN: Brazil National Fan Token (#BFT) is down 60.5% today after its loss against Croatia at the #FIFAWorldCup Priced at $0.218 at kick-off, the…

[ad_1] The biggest news in the cryptoverse for Dec. 9 includes a Twitter sparring between  Binance CEO Changpeng Zhao and former FTX CEO Sam Bankman-Fried, and Hut8, Riot, and Marathon are emerging as the only public miners that increased their BTC holdings in November. CryptoSlate Top Stories The Artificial Intelligence (AI) cryptocurrency sector grew 12.3% over the…

[ad_1] Investment management firm Grayscale has opened its decentralized exchange (DeFi) Fund (under the ticker DEFG) for public trading via the over-the-counter (OTC) market. Grayscale first launched the DeFi Fund in July 2021 but restricted its trading to only privately-accredited investors. However, on Dec. 9, it announced that U.S.-based accredited investors can publicly buy and…

[ad_1] Since June, Bitcoin (BTC) – and the general market subsequently – has been in capitulation, other than a handful of rallies seen in the summer of this ongoing bear market according to on-chain data provided by Glassnode, and analyzed by CryptoSlate. Both bull and bear markets reveal on-chain sentiment data, ranging from ‘Capitulation’ to…