Category: Uncategorized

[ad_1] A crypto wallet belonging to a defunct Russian crypto exchange BTC-e moved 10,000 Bitcoin (BTC) ($165 million) on Nov. 23 to two unidentified wallets. Chainalysis reported on Nov. 23 that BTC-e had begun withdrawal from its wallet nearly a month ago. On Oct. 26, successors of the defunct exchange sent small amounts of Bitcoin to…

[ad_1] Crypto custodian BitGo has been nominated as the official custodian to safeguard the remaining funds at FTX. Acting CEO John Ray III selected BitGo to take custody of the assets of the crypto exchange for the duration of the bankruptcy proceedings. FTX filed a motion to acquire a custodian in relation to the bankruptcy…

[ad_1] Cyber security analyst, Matt C, highlighted the growing pressure of the latest mining rigs upon previous generations of miners as hashing costs reach $0.07/kwh. #Bitcoin mining profitability by @LuxorTechTeam says it all..Antminer S19 XP is 3+ times superior to previous gens 💰2022 Miners putting difficulty through the roof while trying to send competition out…

[ad_1] According to data shared by crypto influencer John Brown, 91% of Bitfinex exchange’s reserves are Bitcoin (BTC) and Ethereum (ETH). Coinbase follows Bitfinex as a close second by having 63% of its reserves in Bitcoin and Ethereum, according to additional information added by Brown. The ratio of reserves held in BTC & ETH differs…

[ad_1] Bitcoin (BTC) hash ribbon indicators are often used to identify and catch BTC bottoms as the convergence of the  BTC hash ribbon signals further miner capitulation as mining costs increase, and BTC price falls. As miners are seen to be selling at the most aggressive rate over the last two years, the Bitcoin network…

[ad_1] Market jitters from the FTX collapse have triggered record quantities of Bitcoin leaving global exchanges. Bitcoin Magazine Senior Analyst Dylan LeClair noted that 136,992 BTC had been withdrawn over the past 30 days, adding that the event was “historic.” The figure equates to 0.7% of the circulating supply. Accompanying the message, LeClair included an…

[ad_1] The biggest news in the cryptoverse for Nov. 22 includes the increasing rate of miner sellouts, realized Bitcoin loss from FTX fallout surpassing the losses caused by the Terra collapse, and Digital Currency Group CEO Barry Silbert’s comments regarding the liquidity situation at Genesis. CryptoSlate Top Stories Bitcoin miners selling aggressively as crypto market…

[ad_1] Bitcoin fell as low as $15,500 on Nov. 21, marking a 106-week low for the leading cryptocurrency. Market sentiment remains fragile as anger over the FTX fiasco turns to acceptance, and the magnitude of what happened finally sinks in. Worse still, the full extent of the black hole is not known at this time.…

[ad_1] Following Argentina’s shock defeat to Saudi Arabia at the FIFA 2022 World Cup in Qatar, the country’s fan token ARG dropped by as much as 30%. Affected by Argentina’s 1:2 upset loss to Saudi Arabia in the World Cup, the Argentine football fan token ARG fell by more than 30%, to a minimum of $4.56.…

[ad_1] Fidelity Investments, one of the largest asset managers and 401(k) providers in the world, received another concerned letter from U.S. lawmakers concerned about the FTX fallout. Senators Elizabeth Warren of Massachusetts, Tina Smith of Minnesota, and Richard Durbin of Illinois all signed a letter urging Fidelity to reconsider its exposure to Bitcoin. In April…