Breaking : fin de partie pour FTX, Binance jette l’éponge

L’écosystème crypto était aujourd’hui suspendu à une décision qui fera probablement date dans sa jeune histoire. Après les récentes révélations d’insolvabilité de FTX (deuxième exchange en terme de volume) et la fermeture de ces retraits, tous les espoirs étaient tournés vers Binance et son dirigeant Changpeng Zao. En effet, celui-ci avait annoncé qu’une lettre d’intention […]

Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000

Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000

Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their decision. The report claimed that the company reviewed FTX’s books and decided to walk out of their non-binding agreement. […]

Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022

Bitcoin Bear Markets Compared: How Much Longer Till The Bottom? | BTCUSD November 9, 2022

In this episode of NewsBTC’s daily crypto technical analysis videos, we are examining past Bitcoin bear markets to see how much further we could have before a bottom is in. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 9, 2022 Bitcoin price continues to set new low after low now […]

OKB Token Still Holds Above 14% Following Market Plummet

OKB Token Still Holds Above 14% Following Market Plummet

Thanks to the FTX/Alameda saga, the crypto market has taken a nosedive, dragging everyone along. But while the entire market bleeds, OKB, the native token of OKX exchange, has held on to substantial weekly gains. Specifically, the token is trading at $18.61, a 14.57% rise in the last seven days.  However, its daily price hasn’t […]

Bitcoin On-Chain Data: Selling From Whales Holding 1k+ BTC Behind Crash

Bitcoin On-Chain Data: Selling From Whales Holding 1k+ BTC Behind Crash

On-chain data shows Bitcoin whales with more than 1k BTC were the main sellers in the latest crash, as other cohorts displayed muted activity. Bitcoin Spent Output Value Bands Shows Spike From 1k-10k Group As pointed out by an analyst in a CryptoQuant post, unlike in the previous declines, the 10-100 BTC and 100-1k BTC […]

Polygon (MATIC) Looks Good Above $0.75 Despite Market Turmoil; Here Is Why?

Polygon (MATIC) Looks Good Above $0.75 Despite Market Turmoil; Here Is Why?

 MATIC’s price loses its $1 support as the price trades to a region of $0.8.   MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  MATIC’s price remains weak across all timeframes as the price trades slightly below the 50 and 200 Exponential Moving Averages […]

FTX Legal Department Jumps Ship, Binance Deal Fizzles Out

FTX Legal Department Jumps Ship, Binance Deal Fizzles Out

The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole on the company’s balance sheet. A report from Semafor indicates that FTX’s legal and compliance staff left en masse as the company announced […]

Algorand (ALGO) Loses Its Gains As Majority Of Coins Plummet

Algorand (ALGO) Loses Its Gains As Majority Of Coins Plummet

Despite bagging substantial gains earlier in the trading day, Algorand (ALGO) is down over 27% as of writing. The token’s price drop follows a bearish market sentiment that sees major coins plummet on the day.  The past seven days had seen the token climb steadily. It even tried reaching its 6-month high of $0.488 yesterday. […]