Cardano (ADA) and XRP are popular entry-level investments in the crypto market due to their low prices below $1. But what are the prospects for both altcoins in 2023? We’ll take a look at the fundamentals as well as the technical analysis perspective. XRP Prediction 2023 The success of the XRP price this year could largely depend on the outcome of the court case between Ripple and the U.S. Securities and Exchange Commission (SEC). If Ripple manages to leave the courtroom as the winner, the price could skyrocket. According to…
Day: January 20, 2023
Ex-FTX US Head Raises $5M for Startup Months After Exchange Collapse
Investors included the venture arms of Coinbase and Circle, a former FTX portfolio company. Source
Digital Currency Group Owes Subsidiary Genesis Global Over $1.65B
The crypto finance firm filed for Chapter 11 bankruptcy yesterday, with debts around $3.5 billion. Source
Crypto Lender Genesis Files for Bankruptcy Following SEC Lawsuit – Featured Bitcoin News
Crypto lender Genesis, a subsidiary of Digital Currency Group (DCG), has filed for Chapter 11 bankruptcy. The filing followed a lawsuit brought by the U.S. Securities and Exchange Commission (SEC). Genesis claims to have “ample liquidity to support its ongoing business operations and facilitate the restructuring process.” Genesis’ Bankruptcy Filing Genesis Global Holdco LLC, a prime brokerage subsidiary of venture capital firm Digital Currency Group (DCG), announced Friday that it has voluntarily filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. The…
10 ways blockchain developers can use ChatGPT
Blockchain technology has revolutionized the way we think about data storage and transactions, but it can also be a complex field for developers to navigate. One tool that can help simplify the process is ChatGPT, a large language model created by OpenAI. A language model is a type of artificial intelligence model that is trained on a large corpus of text to generate or predict text. It can be used to generate new text, such as in machine translation, or to predict the likelihood of a sequence of words. It…
Fantom Blockchain to Fund Ecosystem Projects Using Portion of Burnt FTM Fees
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Objectors to FTX Using Sullivan & Cromwell as Its Law Firm Seek to Delay Court Hearing
Individual objectors have sought to delay an FTX hearing in the United States Bankruptcy Court in the district of Delaware scheduled at 10:00 a.m. EST on January 20, 2023 expected to be about whether FTX can retain the services of New York law firm Sullivan & Cromwell (S&C) amid allegations from the U.S. Trustee claiming potential conflicts of interest. Source
Blockchain Economy Istanbul Summit 2022 – Event Recap
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Economy Istanbul Summit 2022 Official Event Recap announced. ✓ 3180 Attendees Registered ✓ 1109 Companies … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Craig Wright’s Blacklist Resembles Bitcoin ‘Kill Switch’ Satoshi Never Followed Through On
“Imagine someone stole something from you. You can’t get it back, but if you could, if it had a kill switch that could be remote[ly] triggered, would you do it?” Satoshi wrote in the Bitcoin Talk post. “Would it be a good thing for thieves to know that everything you own has a kill switch and if they steal it, it’ll be useless to them, although you still lose it too? If they give it back, you can reactivate it.” Original
BTC Back Above $21,000 Despite Genesis Bankruptcy – Market Updates Bitcoin News
Bitcoin crept back up to the $21,000 level on Friday, as volatility in the cryptocurrency market remained high. After falling by nearly 4% in Thursday’s session, the global market cap is up by 1.14% as of writing. This comes despite the news that crypto lender Genesis has recently filed for bankruptcy. Ethereum was also in the green, as it rebounded from Thursday’s lows. Bitcoin Bitcoin (BTC) climbed higher on Friday, as the world’s largest cryptocurrency rebounded from Thursday’s losses. The rally comes despite the news that crypto lender Genesis has…