Market News Top Crypto News Crypto Market Faces Biggest Outflows in 3 Months – Top Crypto Updates Crypto market faces biggest outflows in 3 months Crypto investment products experienced their biggest outflows in three months. Digital asset investment firm CoinShares reported that investors took out $23 million last week. Inflows (investors putting money into crypto products) were experienced only in short Bitcoin funds, which bet on the price of BTC going down. The outflows […] Written by Cherian Varghese November 29, 2022November 29, 2022
Editorial The Collapse of FTX: Crypto Industry in Deep Trouble? Things have turned from bad to worse for the virtual digital assets industry, which comprises cryptocurrencies and NFTs. The second-largest crypto exchange in the world has collapsed, causing widespread sell-off and panic in the crypto markets. FTX has started bankruptcy proceedings in the US, and its CEO Sam Bankman-Fried has resigned. His net worth fell […] Written by Cherian Varghese November 14, 2022November 15, 2022
Market News Top Crypto News Binance to Acquire Rival FTX – Top Crypto Updates Binance to acquire rival FTX amidst liquidity crunch Binance has agreed to buy rival crypto exchange FTX, an outcome that followed days of speculation that FTX and Alameda Research faced a liquidity crisis. Concerns over FTX’s financial health reportedly triggered $6 billion of withdrawals in just three days. “Due to recent revelations that have come […] Written by Cherian Varghese November 9, 2022November 9, 2022
Market News Top Crypto News Gemini Expands to 5 More EU Nations – Top Crypto Updates Crypto exchange Gemini expands to 5 more European nations Crypto exchange Gemini has expanded its offerings to five more European countries, bringing its presence on the continent to 12 nations. Traders in Croatia, Cyprus, Hungary, Romania, and Slovenia can access the over 100 cryptos available on the platform. Gemini will accept euros and pounds. Crypto […] Written by Cherian Varghese November 8, 2022November 8, 2022
Market News Top Crypto News Ribbon Finance Launches Options Exchange – Top Crypto Updates Ribbon Finance launches options exchange on Ethereum DeFi derivatives protocol Ribbon Finance has launched a “high-performance” options exchange called Aevo. Built on Ethereum, the first iteration will only offer ETH options. It will offer other cryptos (including Bitcoin) in the coming months. [Options are financial contracts that give traders the ability to buy or sell an asset […] Written by Cherian Varghese September 28, 2022September 28, 2022
Market News Top Crypto News FTX Wins Bid to Buy Voyager Digital’s Assets – Top Crypto Updates FTX wins bid to buy Voyager Digital’s assets out of bankruptcy Crypto exchange FTX won the bidding war to acquire the assets of bankrupt Voyager Digital. The agreement is valued at about $1.4 billion, comprising an ‘additional consideration’ worth about $111 million and the $1.3 billion market value of all the crypto on the bankrupt platform. […] Written by Cherian Varghese September 27, 2022September 27, 2022
Market News Top Crypto News SEC Claims All of Ethereum Falls Under US Jurisdiction – Top Crypto Updates SEC claims all of Ethereum falls under US jurisdiction The U.S. Securities & Exchange Commission (SEC) claimed that Ethereum transactions take place in the United States as Ethereum nodes are “clustered more densely” in the U.S. than in any other country. The SEC argument is found within a Sept. 19 lawsuit against crypto researcher and YouTuber […] Written by Cherian Varghese September 20, 2022September 20, 2022
Market News Top Crypto News Binance US Launches High-Yield ETH Staking – Top Crypto Updates Binance US launches high-yield Ethereum staking Binance US is the latest major crypto exchange to launch Ethereum staking on its platform. Users can now stake the second-largest crypto by market cap and earn rewards at a starting rate of 6% annual percentage yield (APY). The company’s competitors Lido and Coinbase currently offer 3.5% and 3.25% APY, […] Written by Cherian Varghese September 8, 2022September 8, 2022
Market News Top Crypto News Busan Taps FTX to Develop Crypto Exchange – Top Crypto Updates Busan taps FTX to develop crypto exchange South Korean city Busan signed an agreement with crypto exchange FTX to develop blockchain-based businesses in the coming months. This partnership is in line with the city’s broader plans to become a global blockchain and financial hub. Busan City and FTX will work together to develop and promote […] Written by Cherian Varghese August 31, 2022September 1, 2022
Market News Top Crypto News Australia to “Token Map” its Crypto Industry – Top Crypto Updates Australian to “token map” its crypto industry The Australian govt. announces plans to “token map” the country’s digital asset sector as an initial step in creating new regulation for cryptos. It would become the first country to catalog the number, type, and underlying code of available cryptos as part of a wider effort to protect […] Written by Cherian Varghese August 22, 2022August 22, 2022
Market News Top Crypto News GameStop Launches Digital Wallet for Crypto, NFTs – Top Crypto News GameStop launches digital wallet for crypto, NFTs GameStop announced a digital wallet that allows gamers to send, receive, store and use virtual currencies and NFTs across decentralized apps. The wallet will also allow users to buy and sell NFTs on GameStop’s upcoming NFT marketplace, which is expected to launch by the end of July. Crypto prices […] Written by marketfeed Team May 24, 2022May 24, 2022
Market News Top Crypto News Panama President May Veto Crypto Law – Top Crypto News Panama President may veto crypto law Panama President Laurentino Cortizo said he may veto a recently approved bill that would allow citizens to use crypto as a form of payment in the country. “I have to be very careful if the law has clauses related to money laundering activities or anti-money laundering activities,” he said. The […] Written by marketfeed Team May 20, 2022May 20, 2022
