Tag: Cryptocurrency News
XRP News: XRP looks ready to move, here may be the catalysts
XRP News David Gokhshtein, a former candidate for Congress and the founder of Gokhshtein Media, recently said that he is sure Ripple XRP will win its court case against the SEC according to the latest XRP News. The fact that the crypto industry will finally have some clarity is the first reason he thinks Ripple…
Top 3 Crypto Projects to Invest in 2023: Ethereum (ETH), Orbeon Protocol (ORBN), and Cardano (ADA)
After hitting a yearly low, the cryptocurrency market is showing signs of recovery, making now a great time to add highly profitable cryptocurrencies to your investment portfolio. Analysts and traders alike are anticipating a market surge in the near future. For some investors, Ethereum (ETH) and Cardano (ADA) are safe havens, but the market as…
Why Are Bitcoin & Ethereum Rising Today? Explained
After being in the red for four straight days since Saturday, the cryptocurrency markets turned green on Wednesday. Ethereum has gained steam, increasing by 7% in the past 24 hours, while Bitcoin has increased by nearly 6%. After the FTX-caused crash that erased nearly $250 billion in market cap, the markets appeared to heave a…
A New Burn-Speeding Feature From BabyDogeSwap Is Coming To DeFi Swap
Reports say that BabyDogeSwap is about to add a new feature that calculates an estimated token burn rate per swap. This new function will give a rough estimate of how many BabyDoge tokens will be lost when they are traded on the DEX. The new function will be available for all BabyDogeSwap DEX pairs, including…
Teams and Athletes rush to cancel FTX contracts
It’s been a bad month for FTX so far, with the company’s former CEO, SBF, filing for Chapter 11 bankruptcy a week ago. The now-defunct cryptocurrency exchange and its disgraced founder paid about $375 million for long-term FTX contracts with teams and athletes. Athletes were also offered a stake in the company. Most of them…
Forbes Calls Almeda Research CEO Caroline Ellison a “Math Whiz”
Forbes has written an article calling Alameda Research CEO Caroline Ellison a “math whiz,” which is hard to believe. while she was responsible for the loss of over $9 billion in FTX customer funds. The cryptocurrency market has been devastated by her role in the FTX collapse. A recent Forbes article, however, appears to have…
Andrew Yang says the FTX collapse could spur harsher regulation
In the wake of the FTX collapse, calls for stricter regulations around cryptocurrencies and digital assets are likely to grow louder. However, as former US presidential candidate Andrew Yang has pointed out, such regulations are not conducive to turning the US into a hub for blockchain innovation. On November 18th, Yang spoke at the Texas…
The FTX fallout is bloody
Bitcoin (BTC) is the most revolutionary currency since the advent of modern currency. Citizens are protesting the indentured servitude brought on by fiat economics by purchasing and holding Bitcoin. One of the largest wealth transfers in history has been set in motion, and its full effects will not be felt for decades. Bitcoin’s inspiring and…
Proof of Reserves: key to crypto trust?
After FTX’s catastrophic failure, the cryptocurrency industry was in shambles. destroying not only a wide variety of systems but also the public’s conception of the market as a whole. Is Proof of Reserves, however, really the answer to restoring people’s faith in crypto? The market could use more transparency, and with so many players focusing…
Bitcoin Searches Soar, Will Discounted Prices Lure New Investors?
The current state of crypto is being called by many the worst it has ever been. While the Terra blockchain death in the summer made headlines, the FTX blockchain death this month has once again highlighted the importance of cold storage. At the same time, the value of Bitcoin (BTC), the first cryptocurrency, hit a…
