Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Literary treasure hunt by JuiceboxDAO.

Hey all! Just throwing up some info about a free treasure hunt, no strings attached and totally free to play, currently over $1300 and growing in the pot. You read a story and if you crack the code the treasure's yours. info.juicebox.money/blog/the-contest for details. Good luck! submitted by /u/felixanderfelixander [link] [comments]

CZ seems to be following SBFs exact game-plan. Try to gain trust and bail-out a lot of companies while you are collapsing in the back.

This may be a bit odd but I still think that the amount of similarities we have got in this situation can't be a complete coincidence. Since CZ exposed SBFs scam (and rightfully so), his own game-plan seems mirror a lot the same game-plan from SBF earlier this year. Gaining trust from customers by presenting…
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Meta fined €265M for allowing scrapers to steal Facebook's centralized user data

Blockchain and Web3 companies are attempting to prevent leaks like these in the future by creating alternative login processes and distributing necessary data collection in a highly decentralized way.

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.”

Crypto lender BlockFi files for bankruptcy protection in US

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]

FTX collapse impacts Miami’s nightclub scene: Report

Young crypto entrepreneurs went from spending big bucks on champagne showers to being visibly absent from the nightclub scene.

GK8 increases insurance cap on digital assets to $1B

Institutional customers storing Bitcoin and other digital assets in GK8’s cold vault will receive up to $1 billion in insurance coverage.

Solana (SOL) Struggles As Investor’s Eye Bonanza Price; Is $5 Possible?

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’s bottom might be below $15.5K, but data shows some traders turning bullish

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.

Compound Finance to impose lending caps in light of failed Aave exploit

Some illiquid altcoins will have their borrow limit reduced by upwards of 99%.