▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Bitcoin Price crashed to new lows last night after a major twisted plot when CZ Binance bought out FTX. But it might not be … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Bitcoin (BTC) bulls were hopeful that the Nov. 21 dip to $15,500 would mark the cycle bottom, but BTC has not been able to produce a daily close above $17,600 for the past eighteen days. Traders are clearly uncomfortable with the current price action and the confirmation of BlockFi’s demise on Nov. 28 was not helpful for any potential Bitcoin price recovery. The cryptocurrency lending platform filed for Chapter 11 bankruptcy in the United States a couple of weeks after the firm halted withdrawals. In a statement sent to Cointelegraph,…
CELO’s price is currently at $0.6101, with a trading volume of $44,775,558. It is currently ranked number 97 on CoinMarketCap. The trading volume has decreased by over 73% in the last 24 hours. CELO shocked many market observers with a 33.51% price jump on Sunday and had a trading volume of $227,794,699.69. Although the token is still way off its all-time high of $10.68, it has shown signs of recovery. 2022 has been an eventful year in crypto circles, from XRP’s lawsuit with the SEC to the collapse of Celius…
The FTX founder said he unpaused Bahamian FTX withdrawals to “appease” local customers, and also added his lawyers to the groups of people he said can “go f-ck themselves.” Source
Crypto lender BlockFi has about $355 million in cryptocurrencies currently frozen on crypto exchange FTX, attorney Joshua Sussberg told a bankruptcy court in New Jersey on Tuesday. Source
In September, OpenSea announced it would be expanding support for additional blockchains and languages to retain its standing as the world’s largest NFT marketplace. Currently, the platform supports NFTs from Ethereum, Polygon, Klaytn, Solana, Arbitrum, Avalanche and Optimism. Source
Coinbase will delist tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP) and Stellar (XLM) from its wallet service, according to an update on the company’s website. Original
Crypto collectibles and nonfungible token (NFT) marketplace OpenSea announced plans to integrate BNB Chain on Seaport Protocol by the end of Q4 2022. The integration will allow users to buy, list and trade BNB Chain NFTs on the OpenSea marketplace. BNB Chain was built by Binance to operate as a Web3-focused blockchain network powered by the exchange’s in-house token, Binance Coin (BNB). BNB Chain’s integration into OpenSea’s Seaport Protocol aims to provide BNB Chain creators with multiple creator payouts, real-time payouts and collection management, among others. Sharing insights into the…
Before the market downturn, lending was big business for the crypto industry. Celsius, sometimes called a “neobank,” accrued over $11 billion assets on its platform. BlockFi, which recently filed for Chapter 11 bankruptcy protection, had been valued at $3 billion just last year. Genesis, a Wall Street-facing firm owned by CoinDesk’s parent company, Digital Currency Group, had $2.8 billion in active loans at the end of the third quarter of this year (down from $11.1 billion the same quarter a year earlier). Source
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is blockchain A blockchain is a digitally distributed, decentralized, public ledger that exists across a network. It is most … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version