Category: Latest news

[ad_1] Bitcoin miners have been selling BTC holdings at a rate not seen since early 2021. Further, the persistence of the negative net position change has not occurred since 2017. Miners consistently sold Bitcoin for the past three months at an aggressive rate likely to cover liabilities such as energy bills and loans. Source: Glassnode…

[ad_1] In anticipation of the U.S. midterm elections, the cryptocurrency industry has continued its political spending to shield itself from regulatory crackdowns with a more receptive Congress. Many digital-asset companies and executives now support political action committees, including GMI PAC, whose top contributors include FTX Trading Ltd. Chief.  According to campaign contributions, FTX Trading Ltd.…

[ad_1] Huobi has alleged that the GALA incident was not a white hat operation as pNetwork claimed, but an attack that gave the protocol a $4.5 million profit. According to the exchange, there were other “premeditated operations” during the incident, which resulted in over $10 million in profit for the parties involved. Huobi continued that…

[ad_1] FTX’s native token FTT has experienced a volatile weekend as Binance began liquidating its tokens due to “recent revelations that have came [sic] to light,” according to Binance CEO CZ. The FTT token is down 9.4% on the day as of press time. FTT Token The local bottom for Nov. 6, however, was as…

[ad_1] Macro Overview Powell is not ready to pause Investors are looking for a sign of a slowdown from Fed chair Powell, which they initially thought they were getting despite a fourth consecutive 75bps hike that takes the target rate to 3.75% – 4%. US equities and bonds rallied ahead of Powell’s conference, with Powell…

[ad_1] The unsustainable financial system in Lebanon has brought some Lebanese to crypto. Locals are mining Bitcoin or storing wealth with cryptocurrency and completing some payments with Tether.  Dire Economic Situation in Lebanon In 2019, Lebanon fell into a financial crisis after years of expensive wars and poor spending decisions. A CNBC ground report outlined…

[ad_1] Talking at Solana Breakpoint, Austin Federa, Head of Communications at Solana Foundation,  opened a talk on the past and future of the Solana ecosystem before bringing on Solana CEO, Anatoly Yakovenko. Federa spoke more broadly about the web3 industry comparing crypto’s adoption to that of the internet in 1995. The evolution of web3 Federa…

[ad_1] Google Cloud has announced a ground-breaking partnership with Solana. One of the world’s largest cloud service providers will become an integral part of the Solana network and bring Solana into its wide array of products and services. The company said that it will be running a block-producing Solana validator that will enable it to…

[ad_1] The native token for the contentious crypto project Safemoon (SFM) has experienced extreme volatility over the weekend as the price rose 92% in the space of three hours early on the morning of Nov 5. The price jumped from $0.00035 at 6 am GMT to $0.00068 by 9 am GMT. While the SFM token…

[ad_1] In the last several years, dozens of NFT marketplaces have emerged targeting different segments of users and promising improvements to the OpenSea paradigm with various features and commission/pricing models.   The differences are much more than landing-page deep. These marketplaces aim to build communities around themselves with their distinct characteristics. Which one is the best…