Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data

Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will now pivot its policy. Ethereum […]

New CEO of FTX has just released a declaration and it is WILD. SBF received loans from Alameda. Real estate and items for employees was purchased with FTX money. Fair value of remaining non-stablecoin crypto is $659. “Never in my career have I seen such a complete failure of corporate controls…”

https://twitter.com/kadhim/status/1593222595390107649 Here is the Twitter Thread. Direct link to the declaration https://pacer-documents.s3.amazonaws.com/33/188450/042020648197.pdf I'll just copy paste what's in it since there's very little to add. ​ SBF to be investigated in the course of the bankruptcy Sam Bankman-Fried's hedge fund lent billions to… Sam Bankman-Fried (Paper Bird is his entity), so that's at least part…
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The FTX contagion: Which companies were affected by the FTX collapse?

The FTX saga has had a massive impact on the entire crypto industry, and some companies bore the brunt of the crash.

As An FTX User, You shouldn’t feel stupid that you believed in FTX. Companies with way more knowledge and resources like Blackrock and Softbank also trusted FTX.

The worst part about all of this is that SBF even had meetings CFTC and SEC officials. If it were any company you as the average person could trust, you would think it would be the CEO that meets with CFTC commisioners. SBF even met with Gary Gensler, head of the SEC only months before.…
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Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion of Ukraine. Crypto and Ruble Considered for Payments in Trade Between Russia and Cuba The […]

El Salvador’s President says they are “buying one Bitcoin everyday starting tomorrow.”

submitted by /u/evrithings [link] [comments]

Binance suspends usdc and usdt deposits on Solana network

submitted by /u/cryptoinv17 [link] [comments]

FTX acquisition no more: Canadian exchange Bitvo backs off the deal

Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators.