Day: November 11, 2022

Reward Every Step of the Way – Press release Bitcoin News

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press release PRESS RELEASE. New York, NY, November 11, 2022 – AscendEX, a leading global cryptocurrency exchange, is excited to announce its new user rewards program, providing users an exclusive chance to mine BTC and earn satoshis rewards (SATs) by completing tasks. In addition, all new users will be able to get 10,000 SATs when they sign-up instantly! Easy As 1-2-3 The AscendEX new user rewards program includes BTC mining rewards, user challenges, and task rewards for every new and current user on the platform. This rewards program is designed…

FTX crisis likely to spark a domino effect, macro analyst explains

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The repercussions of the cataclysmic FTX downfall are going to be broader than the crypto markets, as they will accelerate downward moves in stocks and commodity markets, according to Mike McGlone, senior marco analyst at Bloomberg. “Bitcoin has been one of the leading indicators on the way up, and it’s a leading indicator on the way down. And it’s just broken down, so expect most dominoes to fall,” McGlone pointed out in a recent interview with Cointelegraph.  McGlone expects traditional stocks to continue falling as the Federal Reserve keeps raising…

FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation

Peirce did not state which agency should be responsible for regulating the crypto industry, and added that “having one regulator devoted to crypto could be problematic.” She did, however, suggest that crypto and the underlying blockchain technology that powers it could be “integrated into the back end of the financial system,” and therefore warrant the jurisdictions of the SEC. Source

THIS CRYPTO CRASH COULD GET MUCH WORSE – I am scared….

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today we are talking about Bitcoin, Ethereum and crypto in general Timestamps: 00:00 – My most important video 01:00 – This is BAD for bitcoin 03:50 – WTF happened with crypto yesterday? Tutorial for how to set up my bot: MASSIVE BONUSES BELOW! 🔥OKX 👉🏻 -Sign up for a trading account with the link above. -New traders can unlock the mystery box with rewards up to $10,000 in crypto 🔥BITGET 👉🏼 – INSANE – SIGN-UP TRADING BONUS of up to $8,400 –…

3,500 ‘Sleeping Bitcoins’ From 2011 Worth Over $60 Million Wake up After 11 Years of Slumber – Bitcoin News

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On Nov. 11, amid the confusion concerning troubled crypto companies like FTX and Blockfi, 3,500 ‘sleeping bitcoins’ from a wallet created on Oct. 7, 2011, moved for the first time in over 11 years. $60 Million Worth of 11-Year-Old Bitcoins Move Amid the Crypto Market Rout A large string of so-called ‘sleeping bitcoins’ moved on Friday morning (ET) after remaining idle for more than 11 years. The 3,500 BTC worth over $60 million stemmed from seven different BTC addresses created on Oct. 7, 2011. It is the first large string…

How Sam Bankman-Fried’s ‘Effective’ Altruism Blew Up FTX

A less charitable summary of effective altruism, then, would be that it is little more than a fancy way of saying “the ends justify the means.” Effective altruism also encompasses an emphasis on “long-termism,” which can read like another excuse for mercenary corner-cutting today, so long as you commit your loot to improving tomorrow. Original Source AltruismBankmanFriedsBlewEffectiveFTXSam CryptoX Portal

SOL Gives Up 20% Gains, as FTX Declares Bankruptcy – Market Updates Bitcoin News

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Solana was up by as much as 20% on Friday, as the token rebounded following recent declines. The token which dropped by over 50% earlier in the week, surged today, as traders seemingly bought the dip earlier in the day. However, sentiment has since shifted following the news that FTX has declared bankruptcy. Polygon was a notable gainer, climbing by as much as 16% prior to the news. Solana (SOL) Solana (SOL) was one of today’s notable gainers, as the token rebounded following recent losses. After falling to a low…