CryptoX – Cryptocurrency Analysis and News Portal The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original Source The post First Mover Americas: Bankman-Fried Pleads Not Guilty appeared first on CryptoX. CryptoX Portal
We could see a bears in disbelief rally in ether in coming weeks, Decentral Park’s Lewis Harland said. Original
Exploring the cryptocurrency market, especially around Christmas, requires being security-aware. Investors should search for projects that have undergone security testing, like the meme currency Big Eyes Coin (BIG) or Bitcoin, with user-verified safety recommendations, as doing otherwise could put them at risk. An economy that operates anonymously and with no supervision via the Internet breeds lots of rug-pulls, and other criminal activities, therefore it’s critical to understand how to spot warning signs in projects and initiatives to steer clear of a safe investment. In this article, we’ll examine the characteristics…
The Nigerian crypto exchange Roqqu recently announced that it obtained a virtual currency license that allows it to offer its services in 28 European countries. According to Israel Ololade, the head of product at Roqqu, the European Union license “aligns with the brand’s drive to become the number one blockchain and crypto company globally.” Crypto Adoption Lags Behind in Europe The Nigeria-based cryptocurrency exchange Roqqu was recently granted a European Union (EU) virtual currency license, enabling it to offer its services to users in 28 European countries, a statement released…
Staked ETH withdrawals, scalability, and more cool events are on the horizon. Valid Points is CoinDesk’s weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets. Source
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TikTok-parent ByteDance said that these job cuts come as part of the company’s plans to streamline operations. As per the latest reports, ByteDance, the parent firm of the social media platform TikTok has cut hundreds of jobs across multiple departments by the end of 2022. TikTok has reportedly joined the list of companies that have been on a lay-off spree recently. Two sources familiar with the matter told SCMP that the layoffs come as TikTok plans to streamline its operations. ByteDance Cutting Jobs This move has also affected employees at…
The National Crime Agency’s Crypto Cell follows the posting of crypto experts with local police across the country. Source
“One of the biggest signals showing the lack of participation is the drop in volatility and liquidity in the market,” said the report. “On October 22, the annualized 30-day volatility of BTC dropped to 26.6% – the lowest figure since July 2020, reflecting the risk averse sentiment in the market.” Source BinanceCEXDeclineLedMarketShareVolumes CryptoX Portal
After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will likely lead public miners to either go private or merge with other companies in 2023, Hash Rate Index’s Bitcoin analysts Jaran Mellerud and Colin Harper predicted. In a blog post titled “10 Bitcoin mining predictions for 2023,” the analysts pointed out that public miners are burdened with strict reporting requirements, such as spending millions of dollars on annual reporting. After many…