Day: November 10, 2022

LUNC 13% Higher, as US CPI Boosts Crypto Markets – Market Updates Bitcoin News

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Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried. Polygon was another big mover, also rising by as much as 14%. Terra Classic (LUNC) Terra classic (LUNC) was one of today’s notable gainers, as the token rose by as much as 14% on Thursday. Following a…

Ethereum Reclaims Demand Zone As Market Turmoil Heats Up; Is $500 Possible?

 ETH’s price loses its $1,200 demand zone in the early hours as Binance rejects FTX takeover, with the price responding with a bounce from its daily low.   ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price bounces from a low of $1,100 on the daily timeframes as the price aims for the 50 and 200 Exponential Moving Averages (EMA) In the last two days, the crypto market has been erratic, with the price of many altcoins, including…

FTX appears to have resumed withdrawals Blockchain data shows

According to data from Etherscan on Nov. 10, troubled cryptocurrency exchange FTX appears to have resumed withdrawals. The exchange’s hot wallet address, which has remained inactive after FTX announced on Nov. 8 it would be halting all user withdrawals, has resumed activities as of 3:50 pm UTC. Blockchain data shows that multiple types of tokens and large sums of transactions have since left the hot wallet, which has a balance of $469 million at the time of publication.  Earlier today, Sam Bankman-Fried, CEO of FTX, stated on Twitter that FTX…

Grayscale Bitcoin Trust Tumbles By 41% Amid The FTX Calamity

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The recent crisis in the world’s third-largest crypto exchange, FTX, is creating more devastating conditions in the Bitcoin and crypto market. Over the past few days, the FTX token (FTT) has lost more than 70% of its value. The events seem to have unlocked the bears into the market. As a result, the cumulative market cap has drastically decreased, indicating an overall negative performance. Also, several other crypto assets have been in the south. For example, Bitcoin has experienced more downward pull this week. The price of BTC has dipped…

Crypto Market Drops Back Into Extreme Fear As Crash Continues

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Data shows the crypto investor sentiment has once again plunged back into extreme fear, as the crash in the market continues. Crypto Fear And Greed Index Now Points To A State Of “Extreme Fear” The “fear and greed index” is an indicator that measures the general sentiment among investors in the crypto market. The metric uses a numeric scale that runs from zero to hundred for displaying this sentiment. All values above fifty imply a greedy market, while those below the threshold suggest fearful holders. Values of more than 75…

Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens – Bitcoin News

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Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning. Furthermore, at 9:35 a.m., a report disclosed that Tether has frozen more than 46 million tethers at the request of law enforcement. Tether Price Causes Speculation Tied to FTX’s Alameda Research, Tether CTO Insists There Are ‘No Issues,’ Sam Bankman-Fried Says Alameda Will End Trading Data from coingecko.com indicates that…

After Breaking Up With EA, FIFA Has Announced 4 New Blockchain Games

Following the company’s split with EA, FIFA has announced four new blockchain-based Web 3.0 games as the World Cup 2022 approaches. FIFA Has Revealed 4 New Blockchain Games In Buildup To Qatar World Cup As per an announcement on the organization’s website, FIFA is aiming to entertain and engage a wider group of fans ahead of the upcoming World Cup with the help of these new Web 3.0 games. FIFA is the main governing body of international soccer, and is responsible for holding the most popular sporting tournament in the…

How to Become a Blockchain Developer – Explained in Tamil – Crypto Tamil

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, I have given an easy and clear roadmap to become a successful Blockchain developer. Tamil Nadu government soon will be adopting Blockchain technology to help the state to improve its confidential data security and going to employ the technology across various departments. This in turn will lead to a demand for n number of Blockchain developers who are still scarce. I have also explained what is a Blockchain and how it works in Tamil. AICTE Internship link – Tamil…