Day: November 25, 2022

CoinEx Witnesses the Big Moments as the Exclusive Cryptocurrency Trading Platform Partner – Press release Bitcoin News

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press release PRESS RELEASE. According to the official news, the Rugby League World Cup 2021 (RLWC 2021) drew to a successful close on November 19, 2022. Over the last month or so, this peak event presented global rugby fans with many brilliant moments. Meanwhile, CoinEx, the Exclusive Cryptocurrency Trading Platform Partner of RLWC 2021, also witnessed all the big moments of the athletes throughout the tournament. England won the Wheelchair Rugby League World Cup champion with a 28-24 triumph over France on November 18, 2022. The next day, Australia claimed…

How bad is the current state of crypto? On-chain analyst explains

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Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin.  As pointed out by on-chain analyst Will Clemente, it’s enough to look at the long-term holders’s Bitcoin positions: they reached an all-time high despite their profitability being at an all-time low. “Long-term holders buy heavily into the bear market. They set the floor[…] and then those long-term holders distribute their holdings to new market participants in the bull market”, he told…

US State Regulators Investigating Crypto Trading Firm Genesis Global Capital: Barron’s

The report said that Alabama Securities Commission Director Joseph Borg indicated that his agency and several other states are involved in the investigations, which focus on whether Genesis and other companies persuaded residents of their states to invest in crypto securities without having the proper registrations. Borg did not name the other companies being investigated. Source

Binance Publishes Its Proof-of-Reserves System for Bitcoin Holdings, Additional Assets Coming Soon – Bitcoin News

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On Nov. 25, the largest cryptocurrency exchange in terms of daily trade volume, Binance, published its bitcoin proof-of-reserves (POR) system using The Merkle approach. At the time of writing, the snapshot provided by Binance shows the firm’s onchain reserves equate to 582,485 bitcoin, while the company’s customer net balance is roughly 575,742 bitcoin. Binance’s Bitcoin Proof-of-Reserves Ratio Is Currently 101% Binance has published the company’s proof-of-reserves system in regard to the bitcoin (BTC) cache the company holds. The POR feature is initially starting with Binance’s bitcoin holdings, but other “networks…

Amber Group’s co-founder Tiantian Kullander passes away at 30

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Amber Group’s co-founder Tiantian Kullander, also known as TT, unexpectedly passed away in his sleep on Nov. 23, according to the company’s official website. Tiantian was 30 years old and leaves behind a wife and a son. Besides co-founding the Hong Kong-based Amber Group, TT sat on the board of the e-sports company Fnatic and founded KeeperDAO, a DeFi protocol that allows participants to trade, borrow and stake assets with protection from miner value extracted (MEV) bots, before returning it to the community. In an official statement, Amber Group noted…

JP Morgan Makes Historical Move with New Crypto Wallet – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin and crypto markets bounced back for a while on wednesday following the continuation of a relief rally in the S&P 500. As investors lose trust in exchanges and trading platforms which are not transparent, 137,000 Bitcoins have been removed from exchanges in the past 30 days. Retail investors are accumulating at a rapid pace, as the Bitcoin supply held by on-chain entities between the size of 0.1-1 BTC is spiking. Whilst the stability of the crypto ecosystem remains in…

Is Crypto Sports Betting Ready for the Big Leagues in 2023?

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Crypto sports betting is just like any other betting or gambling where you bet on a particular match, league, and any other sports events and tournaments. But payment methods make it different as it uses cryptocurrencies like Litecoin, Bitcoin, Dash, Ethereum, and many more. The main thing is that crypto sports betting platforms are more secure and cost-efficient than regular sports betting. Nowadays sports betting app development companies are inclining toward crypto sports betting platforms due to high demand in the betting industry. Cryptocurrency and blockchain technology offers us new…

Price analysis 11/25: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI

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Bitcoin and most major altcoins are witnessing a relief rally but higher levels are likely to attract strong selling by the bears. FTX’s collapse dealt a major blow to the already fragile sentiment among cryptocurrency investors. Although a quick recovery is unlikely, Blockchain analysis firm Chainalysis said that the crypto universe could emerge stronger from this crisis. Chainalysis’ research lead Eric Jardine arrived at the conclusion after comparing FTX’s fall to that of Mt. Gox. Another calming statement came from Bloomberg Intelligence exchange-traded fund analyst James Seyffart, who said that…