Bitcoin price is struggling below $19,000 against the US Dollar. BTC might extend losses if it stays below the $19,000 and $19,500 resistance levels. Bitcoin Price Analysis Bitcoin price started a fresh decline from the $21,450 zone. There was a steady decline below the $20,000 and $19,500 support levels. The decline gained pace below the $19,000 level and the 55 […]

The founder of Bored Ape Yacht Club (BAYC) has weighed in on the ongoing non-fungible token (NFT) creator royalties debate and shared a potential path forward that they believe best deals with the issue. A Nov. 8 blog post from BAYC co-founder Wylie Aronow — co-signed by co-founders Greg Solano and Kerem Atalay — shared that they regard creator royalties […]

Following the liquidity crisis and acquisition of cryptocurrency exchange FTX, Binance CEO Changpeng “CZ” Zhao said his exchange will soon start a Proof-of-Reserves audit system to allow verification of its digital asset holdings. In a Nov. 8 Twitter post, Zhao pledged to implement a Proof-of-Reserve mechanism at Binance to provide “full transparency” through the use of Merkle Trees — a data […]

The huge changes in the crypto exchange market on Nov. 8 led to equally massive waves of commentary. The UpOnlyTV channel on Twitch was a beneficiary of this activity with Do Kwon and Martin Shkreli showing up simultaneously to talk about the deal between Binance CEO Changpeng Zhao (CZ) and FTX CEO Sam Bankman-Fried (SBF) for the purchase of FTX. […]

The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “transportation and procurement activities” for the Democratic People’s Republic of Korea in its list of Specially Designated Nationals. In a Nov. 8 announcement, the Department of the Treasury said it had […]

Star Xu, the founder of cryptocurrency exchange OKX, has spoken up about the rift between Binance and FTX’s founders, resulting in a sell-off of FTX’s native token, FTT. Xu said in a tweet that if FTX becomes another LUNA, the collapsed native token of the Do Kwon-founded Terra blockchain, which wiped out an estimated $60 billion, nobody in the industry […]

According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec. Hydro-Québec Targets Blockchain Industry in Order to Stave off Electricity Demand Cryptocurrency miners in Québec may need to find […]

Analysts are highlighting large withdrawals placed from FTX, which is causing volatility. They are pondering whether FTX might be having trouble with its reserves. These analysts also pointed to FTX pulling funds out of the Wormhole bridge, saying that these transactions are being made to ensure liquidity remains. FTX has taken a hit after Binance announced it would liquidate its […]