It seems that the collapse of FTX has turned the tables around for Curve Finance and its CRV token, as more people switched to DEXs and DeFi. CRV has dipped in terms of Total Value Locked (TVL) in 2022 which is considerably lower in comparison to its stats at the beginning of the year. Here’s a quick glance at how the coin has been performing: CRV price down by 1.46% Token weakens in terms of TVL in 2022 Traders remain to be optimistic with CRV for 2023 According to CoinMarketCap,…
Month: January 2023
Litecoin Whale Withdraws $32M From Binance, Good For Rally?
Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally. Litecoin Whale Takes Out $32M In LTC From Binance As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. In total, the transaction involved the movement of 425,660 LTC on the blockchain, worth around $32.1 million at the time of the transfer. Related Reading: Billion-Dollar Hedge Fund Is Betting Against Bitcoin And Grayscale, Not Just…
BTC Edges Closer to $17,000 as Market Focus Turns to FOMC Minutes – Market Updates Bitcoin News
Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up following the New Year’s celebrations. This comes as traders turn their attention to tomorrow’s Federal Open Market Committee (FOMC) minutes report. Ethereum also continued to trade above $1,200 in today’s session. Bitcoin Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24 hours after trading at a low of…
Accessibility Is the New Crypto Hotness: Big Eyes Coin, Litecoin and Avalanche Lead the Way
With the ongoing Crypto Winter still causing pain for many enthusiasts and investors, it’s clear that in order to reclaim the profit peaks seen in past years, the crypto market as a whole needs to branch out and find untapped markets – to bring aboard fresh users and investors. The only way to achieve this is to make cryptocurrency more accessible – simpler and more efficient, for the convenience of customers who aren’t as experienced with blockchain technologies. The easier crypto projects are to get involved with, the faster the…
Bootstrap Your Film in a Blockchain World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io A non-profit by American Zoetrope runs a democratized, decentralized filmmaking platform: . ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Orbeon Protocol (ORBN) Rapidly Selling Out of Presale, Can Solana (SOL) Keep Up?
Place/Date: – January 3rd, 2023 at 1:43 pm UTC · 3 min read Source: Orbeon Protocol Everyone knows that there has been a recent drop in the value of cryptocurrencies on the market. Prices have been falling steadily since the start of the year, and investor confidence is at an all-time low. The bright side is that viable choices are still accessible. Orbeon Protocol (ORBN) is one example of such a system. Orbeon protocol (ORBN) is in phase 3 of its presale yet its price has increased by 805% since…
Lawyers Argue that Plansof SBF to Plead Not Guilty May Not Be in His Best Interest
SBF remains under house arrest after posting a $250 million bail bond back in December. Sam Bankman-Fried (SBF) the embattled founder and former Chief Executive Officer of bankrupt FTX Exchange is set to appear in court today to start the criminal proceedings on his fraud charges where he is expected to plead not guilty. As reported by Reuters, his court session is set to commence by 2 p.m. EST (1900 GMT) before US District Judge Lewis Kaplan in Manhattan. From earlier reports, SBF is billed to enter into a not-guilty…
Gold Price Climbs to Six-Month High as Analysts Anticipate Further Growth in 2023
Gold price is on a steady rise, and analysts opine it could further benefit from a string of 2023 fiscal policies. The price of gold has surged to a six-month high, even as analysts predict it will rise further as 2023 begins. In the early hours of Tuesday, spot gold peaked just shy of $1,850 per troy ounce. However, the precious metal eventually eased off to trade at $1,834 per ounce late morning in Europe. Meanwhile, US gold futures were trading up 0.72% at $1,839.40 by 6 am Eastern Time. Gold…
First Mover Americas: Legal Troubles Brewing at Digital Currency Group
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Bahamas-FTX Dispute Heats Up as Bankman-Fried Prepares for Trial
FTX says any information shared with counterparts in the Bahamas would be abused, and that the Bahamian government and liquidators “colluded” with FTX founders Bankman-Fried and Gary Wang, who, in Ray’s words, left the company “more closely resembling a crime scene than an operating business.” Source