ECB president reiterates calls for 'MiCA II' in response to FTX collapse
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”
US cryptocurrency lender BlockFi said on Monday it had filed for Chapter 11 bankruptcy protection along with eight affiliates in a New Jersey court, the latest casualty since FTX's collapse earlier this month triggered instability in the crypto market. submitted by /u/Neat-Toe-9205 [link] [comments]
Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene.
Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage.
SOL’s price struggles to reclaim the key demand zone of $20 as the price trades around $13.5 SOL’s price remains weak as bears dominate the market; the price fails to break and close above $20 with so much uncertainty in the market SOL’s price trades below get the 50 and 200 Exponential Moving Averages as the price continues in bearish movement (EMA) Solana (SOL) continues to trade below $20 after facing rejection due to the FTX fiasco and the current market downtrend affecting the price to a low of $13.5. In the high timeframe, the price of Solana (SOL) looks weak, with a probable result of a downtrend movement compared to an upside. Despite the relief bounce and uncertainty surrounding the crypto market, the FTX fiasco continues to act as a catalyst for the market to bottom out. The Domino effect of the FTX saga and other large investors has stalled the market, as it has yet to make a significant move, raising concerns about the market’s direction. (Data from Binance) Related Reading: Bitcoin Seen Dropping To $10,000, This Asset Management Co-Founder Predicts Solana (SOL) Price Analysis On The Weekly Chart Despite the relief bounce across the market, with the price of SOL rallying from a weekly low of $11 to a high of $14.5, the crypto market remains uncertain and turbulent, affecting the price of Solana (SOL) the most. Many altcoins are struggling for survival, trying to stay afloat as the prices of altcoins continue a downward price movement. With so much news of a capitulation imminent for all crypto assets coupled with the FTX and other crypto projects suffering from bankruptcy, the bottom could be in soon. SOL’s price had a weekly close below a crucial area of $20 after showing so much strength rallying from a weekly low of $11 to a high of $14.5 as the price was unable to break above $20. The price of $20 remains the key area of interest for SOL to resume a relief bounce; trading below this range isn’t good enough for bulls. Weekly resistance for the price of SOL – $20. Weekly support for the price of SOL – $10. Price Analysis Of SOL On The Daily (1D) Chart The price of SOL remains considerably weak in the daily timeframe after closing below $20. With SOL’s price unable to break and close above $20, there are growing chances of price retesting the regions of $5. SOL’s price currently trades at $13.5 below the 50 and 200 EMA, acting as resistance for the price of SOL from trading higher. The price of SOL needs to break above $21 and $40 for the price of SOL to kickstart the price recovery plan. Daily resistance for the SOL price – $15. Daily support for the SOL price – $10. Related Reading: BCH Price: Investors May Not Want To Go Long Yet On BCH – Here’s Why Featured Image From zipmex, Charts From Tradingview
Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was the final bottom.
Some illiquid altcoins will have their borrow limit reduced by upwards of 99%.
Noob here. Trying to deposit ETH on to Bybit exchange from ledger. The exchange gives me an “arbitrum” address to deposit (other options available as well like optimism., zkSync and ERC20). However, as I remember, arbitrum is a ?side chain and requires some kind of bridging prior to sending ETH on it?? I don’t use…
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Reports on Monday detail that the zero-Covid policy protests in China have lowered market sentiment as U.S. equity markets show the top four Wall Street indexes are struggling. The global crypto market cap is down 3.5% and getting awfully close to dropping below the $800 billion mark. Precious metal prices, on the other hand, like […]
“It’s net good news for GBTC shareholders and FUD fighting,” said Selkis.