Today at Chaintalk News

December 6, 2022

Crypto Asia Summit #3 :Day 1 Report

By Mikako Hara

crypto asia summit, day 1 report, japan, bitcoin, defi, cefi
Article

Crypto Asia Summit #3 :Day 1 Report

On January 27-28, 2021, the third edition of Crypto Asia Summit, the largest blockchain and crypto-asset online summit in Asia, was held. The theme of this year’s event was “CeFi & DeFi and Bitcoin” with speakers from the blockchain industry involved in traditional centralized digital asset finance and decentralized finance, which is rapidly growing in presence.

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Bitcoin Mining Difficulty Records Biggest Drop of 2022. Here’s Why

Bitcoin's mining difficulty has recorded the biggest drop since the implementation of China's mining ban
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Jim Cramer Predicts These Coins May Fall To Zero

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Litecoin (LTC) And Dogecoin (DOGE) Struggle To Yield Profit As Snowfall Protocol (SNW) Announce 100% Bonus On Investment

The post Litecoin (LTC) And Dogecoin (DOGE) Struggle To Yield Profit As Snowfall Protocol (SNW) Announce 100% Bonus On Investment appeared first on Coinpedia Fintech News Crypto investors are becoming concerned following the collapse of the renowned crypto exchange platform FTX and the subsequent failure of Binance’s takeover of FTX. Coin prices have plummeted overnight, with well-known coins such as Litecoin (LTC) and Dogecoin (DOGE) among the victims. However, the Snowfall Protocol (SNW) presale has generated so much interest recently, given …
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cointelegraph

A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo

ASIC's Joseph Longo pointed the finger at a loophole that allowed FTX to acquire an Australian Financial Services License under its watch.

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A loophole allowed FTX to secure its Aussie license without full checks: ASIC's Longo

ASIC's Joseph Longo pointed the finger at a loophole that allowed FTX to acquire an Australian Financial Services License under its watch.
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Crypto News Live Update Dec 6: Bitcoin, Ethereum Price Struggles; Nexo To EXIT US Market

Crypto News Today Live Updates December and Latest News: (6 December 2022) The global digital asset market registered another turbulence on Tuesday Morning. The biggest crypto like Bitcoin and Ethereum prices declined by over 2% each. The cumulative crypto market cap dropped by almost 2% over the past day. It now stands at $853.6 billion. The post Crypto News Live Update Dec 6: Bitcoin, Ethereum Price Struggles; Nexo To EXIT US Market appeared first on CoinGape .
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ApeCoin Price Analysis & Prediction (Dec 5th) – APE Signals Fresh Decrease After Break and Retest

Just as expected, Apecoin sustained November’s recovery up to $4.48, retested a crucial resistance, and dropped due to rejection. The break and retest successfully played out. It now primes for a fresh decrease. The bulls are exhausted, and it appears the bears are slowly stepping back into the market. After Apecoin found support in the The post ApeCoin Price Analysis & Prediction (Dec 5th) – APE Signals Fresh Decrease After Break and Retest appeared first on NullTX .
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Ethereum Price Holds Steady At $1,300, Altcoin Toon Finance Token Soars Along With Ethereum

The post Ethereum Price Holds Steady At $1,300, Altcoin Toon Finance Token Soars Along With Ethereum appeared first on Coinpedia Fintech News Ethereum’s price has been holding steady at around $1,300 in the past week. This is a significant development for the cryptocurrency, which has seen its value fluctuate wildly in recent months. Ethereum is the second-largest cryptocurrency by market capitalization, and its stability is seen as a positive sign for the wider industry. While Ethereum’s price …
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cointelegraph

Crypto Twitter uses new AI chatbot to make trading bots, blogs and even songs

A few simple prompts to a recently released AI chatbot is all Crypto Twitter needs to create trading bots, an investment thesis and a crypto-themed song.

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Crypto Twitter uses new AI chatbot to make trading bots, blogs and even songs

A few simple prompts to a recently released AI chatbot is all Crypto Twitter needs to create trading bots, an investment thesis and a crypto-themed song.
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Analysts Have Found Flasko (FLSK) AS A Suitable Alternative To The Graph (GRT) And Aave (AAVE)

The post Analysts Have Found Flasko (FLSK) AS A Suitable Alternative To The Graph (GRT) And Aave (AAVE) appeared first on Coinpedia Fintech News Nowadays, it’s essential to proceed with extreme care while buying cryptocurrencies. Additionally, finding a currency with growth potential requires much effort considering the everyday debut of currencies. However, a novice presently has the cryptocurrency limelight. And Flasko is that coin. Flasko has drawn interest from investors in known cryptocurrencies like The Graph (GRT) and Aave …
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CNBC’s Jim Cramer Warns Investors to Sell Their Crypto Holdings

Jim Cramer, head of CNBC’s Mad Money, cautioned investors that they still had time to liquidate their cryptocurrency holdings. Cramer
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Indonesia Says Its CBDC Will Be Suitable for Use In the Metaverse

Under “Project Garuda” Indonesia is pushing further its plans for central bank digital currency (CBDC) – Digital Rupiah -starting with transactions among local banks. Last week, the central bank of Indonesia launched the design for Digital Rupiah. This development comes at a time when other major economies, including India, have been experimenting with CBDCs. In The post Indonesia Says Its CBDC Will Be Suitable for Use In the Metaverse appeared first on CoinGape .
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Litecoin Price Prediction: Why LTC’s Rally is Far From Over

Litecoin price started a strong increase above the $70 resistance against the US Dollar. LTC is currently consolidating and might aim more upsides above $85. Litecoin started a strong increase above the $65 and $70 levels against the US Dollar. The price is now trading above $70 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $74.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price must clear the $83.20 and $84.65 to start another increase in the near term. Litecoin Price Continues To Outperform In the past few days, litecoin price started a steady increase above the $60 level against the US Dollar. LTC price was able to clear the $65 and $70 resistance levels to move into a bullish zone. The bulls even pumped the price above the $80 level, outperforming both bitcoin and ethereum. However, the price faced sellers near the $85 zone. A high was formed near $85.08 and the price is now consolidating gains. Litecoin price is now trading above $70 and the 100 simple moving average (4-hours). There was a minor decline below the 23.6% Fib retracement level of the upward move from the $70.57 swing low to $85.08 high. Besides, there is a major bullish trend line forming with support near $74.00 on the 4-hours chart of the LTC/USD pair. Source: LTCUSD on TradingView.com On the upside, an immediate resistance is near the $82.00 level. The first major resistance is near the $83.20 level. The main resistance is near $85. If there is a clear break above the $85 resistance, the price could start a strong increase. In the stated case, the price is likely to continue higher towards the $92 and $95 levels. Any more gains might send ltc price towards the $100 resistance zone. Dips Supported in LTC? If Litecoin price fails to clear the $82.00 resistance level, there could be a downside correction. An initial support on the downside is near the $80 level. The first major support is forming near the $77.80 level. The stated level is near the 50% Fib retracement level of the upward move from the $70.57 swing low to $85.08 high. Any further losses may perhaps send the price towards the $74 support in the coming sessions. Technical indicators: 4-hours MACD – The MACD is slowly losing pace in the bullish zone. 4-hours RSI (Relative Strength Index) – The RSI for LTC/USD is currently above the 50 level. Major Support Levels – $78.00 followed by $74.00. Major Resistance Levels – $82.50 and $85.00.
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Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $0.335

ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.312 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could gain ... The post Cardano (ADA) Price Analysis: Bulls Aim Fresh Increase Above $0.335 appeared first on Live Bitcoin News .
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Where To Invest In 2023: OKB (OKB) vs. Flasko (FLSK) vs. KuCoin Token (KCS)

The post Where To Invest In 2023: OKB (OKB) vs. Flasko (FLSK) vs. KuCoin Token (KCS) appeared first on Coinpedia Fintech News Only a small number of cryptocurrency projects had the potential to affect the industry before they ever debuted significantly. The two well-known examples are KuCoin Token (KCS) and OKB (OKB). These coins are currently up against a new foe who could surpass them in the standings. Flasko is a new cryptocurrency gaining popularity, and investors …
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Ethereum Price Hints At Potential Correction, Buy The Dip?

Ethereum failed again to settle above the $1,300 resistance against the US Dollar. ETH is moving lower and might soon test the $1,220 support zone. Ethereum attempted another upside break above $1,300, but failed. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,272 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct further lower, but the $1,220 support is the key. Ethereum Price Corrects Lower Ethereum price made another attempt to surpass the $1,300 resistance zone. However, ETH struggled to gain momentum above the $1,300 level. A high was formed near $1,304 and the price started a downside correction, similar to bitcoin. The price declined below the $1,280 support zone and the 100 hourly simple moving average. Besides, there was a break below a key bullish trend line with support near $1,272 on the hourly chart of ETH/USD. Ether price traded as low as $1,248 and is currently consolidating losses. There was a minor increase above the $1,260 level. The price climbed above the 23.6% Fib retracement level of the recent decline from the $1,304 swing high to $1,248 low. An immediate resistance on the upside is near the $1,270 level and the 100 hourly simple moving average. The first major resistance is near the $1,275 level. It is near the 50% Fib retracement level of the recent decline from the $1,304 swing high to $1,248 low. Source: ETHUSD on TradingView.com A close above the $1,275 resistance might send the price further higher. The next major resistance is near the $1,300 level, above which ether price might test $1,320. Any more gains might send the price towards the $1,400 resistance zone. Retest of a Key Support by ETH? If ethereum fails to start another increase above the $1,275 resistance, it could continue to move down. An initial support on the downside is near the $1,250 level. The next major support is near the $1,220 level. If there is a break below $1,220, the price could test the $1,165 support. Any more losses could lead the price towards the $1,100 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,220 Major Resistance Level – $1,275 Featured image from iStock
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November 2022 – Ethereum Number of New Smart Contracts Fell by 58%

Key data Average Ethereum (ETH) gas price increased by 1.8% in November. The number of ERC-20 tokens created in the Ethereum network in November decreased by 58%. Average number of Ethereum transactions per day has been declining for more than six months now. In November, the average number of Ethereum blocks per day has changed by The post November 2022 – Ethereum Number of New Smart Contracts Fell by 58% appeared first on The Daily Hodl .
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Bitcoin (BTC) Sees Another Hash-Ribbon Inversion, Why Investors Need to be Cautious?

Over the last month and more, the Bitcoin (BTC) hashrate has been on the downturn with miners struggling to continue their operations amid the strong correction. The Bitcoin network is likely to see its largest mining difficulty adjustment in over a year. On-chain data provider Glassnode reports: “The #Bitcoin protocol has just decreased mining difficulty The post Bitcoin (BTC) Sees Another Hash-Ribbon Inversion, Why Investors Need to be Cautious? appeared first on CoinGape .
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India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated risks. “This is essentially what we are doing in the CBDC experiments,” he stressed. RBI
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Binance Coin Price Prediction 2023-2025: When Will BNB Coin Hit $500 Mark?

The post Binance Coin Price Prediction 2023-2025: When Will BNB Coin Hit $500 Mark? appeared first on Coinpedia Fintech News Binance, one of the largest crypto market exchanges, has gained immense popularity in recent times. Binance Coin, the native token designed primarily as a utility token, has now secured a spot in the top five rankings in terms of market capitalization. Moreover, the Binance Coin price is believed to maintain a firm upswing in the coming …
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Rumors of a new native 'Twitter Coin' emerge while Dogecoiners remain hopeful

Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin."
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cointelegraph

Rumors of a new native 'Twitter Coin' emerge while Dogecoiners remain hopeful

Online tech sleuths claim to have uncovered a secret new project on Twitter, which is being referred to as "Twitter Coin."

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Dogecoin Price Hints At A Potential Correction To $0.09; Buy This Dip?

Following the recent recovery, the dogecoin price shows signs of rejection at $0.11 resistance. This potential reversal may retest the flipped support of $0.09 to validate whether the price can sustain higher levels or not. But what if the holders lose this support? Key points: A possible retest to the $0.09 support may provide suitable The post Dogecoin Price Hints At A Potential Correction To $0.09; Buy This Dip? appeared first on CoinGape .
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First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K

ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?
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Bitcoin Price Analysis & Prediction (Dec 5th) – BTC Continues to Trade in a Tight Range as It Waits for a Break

Starting this month on a bullish note, Bitcoin’s price will likely climb back to $20k in the coming weeks. The price touched $17320 yesterday, dropped briefly, and charged back – a potential recovery lies ahead. The aftermath of the FTX saga caused a lot of FUD in the crypto market, as Bitcoin dramatically crashed to The post Bitcoin Price Analysis & Prediction (Dec 5th) – BTC Continues to Trade in a Tight Range as It Waits for a Break appeared first on NullTX .
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BNB Chain crosses major dApp milestone; will this popularity help BNB’s next rally

BNB Chain’s dApps performed well in the current market, with PancakeSwap capitalizing on the World Cup hype However, BNB’s volume and velocity depreciated over the last month BNB Chain’s dApps grew over different sectors over the last week. According to a tweet posted by BNB Chain’s official account on 5 December, dApps such as The
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cointelegraph

US consumer watchdog probes crypto firms over deceptive ads

The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.

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US consumer watchdog probes crypto firms over deceptive ads

The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets.
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CryptoCom and Coca Cola Launch NFT Collection Inspired by the FIFA World Cup Qatar 2022

The NFTs were created by GMUNK in partnership with CryptoCom and Coca-Cola and will explore different moments and aspects of the FIFA World Cup 'Qatar 2022'
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Ethereum Price Analysis: Rally Possible Above This Hurdle

Ethereum price is gaining pace above the $1,200 level against the US Dollar. ETH price is now trading above $1,220 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,240 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears ... The post Ethereum Price Analysis: Rally Possible Above This Hurdle appeared first on Live Bitcoin News .
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Bitcoin mining difficulty falls 7.2% in sign unprofitable machines are being unplugged

The bitcoin mining network has experienced the largest drop in difficulty since last year when China banned miners from the country.
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Bitcoin Price Lacking Momentum Above $17k, BTC Holders Are Safe: Here’s Why

Bitcoin price extended its increase and tested the $17,500 resistance. BTC corrected gains, but it remains well supported above the $16,800 support. Bitcoin extended its upward move above $17,100 and $17,300 resistance levels. The price is trading near $17,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $17,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $16,800 support to start a fresh increase. Bitcoin Price Remains Supported Bitcoin price settled above the $17,000 resistance zone and extended its increase. BTC was able to clear the $17,100 and $17,200 resistance levels. The price even spiked above $17,400 and traded close to the $17,500 resistance zone. However, the bears were active near the $17,500 resistance zone. A high was formed near $17,440 and the price started a downside correction. Bitcoin price declined below the $17,200 level and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $17,050 on the hourly chart of the BTC/USD pair. The price traded as low as $16,888 and is currently rising. It is trading near $17,000 and the 100 hourly simple moving average. It is trading above the 23.6% Fib retracement level of the recent decline from the $17,440 swing high to $16,888 low. On the upside, an immediate resistance is near the $17,165 level. It is near the 50% Fib retracement level of the recent decline from the $17,440 swing high to $16,888 low. The first major resistance is near the $17,250 zone, above which the price may perhaps start another steady increase. Source: BTCUSD on TradingView.com In the stated case, the price could rise towards the $17,500 resistance. The next major resistance is near $17,650, above which the price rise towards the $18,000 zone in the near term. More Losses in BTC? If bitcoin fails to start a fresh increase above the $17,165 resistance, there could be more downsides. An immediate support on the downside is near the $16,850 level. The next major support is near the $16,800 zone. A downside break below the $16,800 support might call for a move towards $16,500. Any more losses might call for a test of the key $16,000 support zone in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now just below the 50 level. Major Support Levels – $16,800, followed by $16,500. Major Resistance Levels – $17,165, $17,250 and $18,000.
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Ripple CTO shuts down ChatGPT's XRP conspiracy theory

An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.
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cointelegraph

Ripple CTO shuts down ChatGPT's XRP conspiracy theory

An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO.

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The Path To A Bitcoin Economy: Decentralized Bitcoin-Backed Credit

Bitcoin-backed credit built with DeFi represents a stronger and more practical vision of "bitcoin free banking" originally described in 2010 by Hal Finney.
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Cardano: Reasons ADA may have to do more than just fend off the winter bears

Cardano continued to build on its network despite the bear market It witnessed growth in the NFT and DeFi space; revenue collected by Cardano decline A 4 December tweet by IOHK stated that 108 projects had been launched on the Cardano network over the past week. Furthermore, the number of projects in development also witnessed
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Kentucky to scrutinize contracts offering cheaper electricity to miners

The Kentucky government is investigating whether the proposed discounted electricity for crypto miners will raise electricity costs for Kentucky residents.
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cointelegraph

Kentucky to scrutinize contracts offering cheaper electricity to miners

The Kentucky government is investigating whether the proposed discounted electricity for crypto miners will raise electricity costs for Kentucky residents.

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Australian Exchange Swyftx Lays Off Employees

Australian cryptocurrency exchange Swyftx announced that it has released over 90 employees which amounts to 45% of its workforce. The post Australian Exchange Swyftx Lays Off Employees appeared first on Blockchain, Crypto and Stock News .
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Reddit Witnesses Highest Digital Collectible Mints In A Single Day

255,000 Reddit Collectible Avatars were minted on the platform, surpassing the previous record of over 200,000 mints set on both Aug. 30 & 31. The post Reddit Witnesses Highest Digital Collectible Mints In A Single Day appeared first on Blockchain, Crypto and Stock News .
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SEC ‘Failed To Carry Its Burden As to Each of the Three Howey Elements’ in $XRP Case, Ripple’s Lawyers Say

Fintech firm Ripple has said that the U.S. Securities and Exchange Commission (SEC) hasn’t been able to provide that its sales of the $XRP token were investment contracts during the regulator’s lawsuit against it. The SEC sued Ripple and two of its executives in 2020, alleging they sold unregistered securities when they issued $1.3 billion
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Veteran Hedge Fund Manager Believes Bitcoin Will Replace Gold

Mark Yusko, a longtime hedge fund manager at Morgan Creek Digital, believes Bitcoin will replace gold in the near future. The post Veteran Hedge Fund Manager Believes Bitcoin Will Replace Gold appeared first on Blockchain, Crypto and Stock News .
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Why Isn’t Sam Bankman-Fried Behind Bars Yet?

Spoiler alert: it hasn’t yet been determined whether he did anything criminal.
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Elon Musk On SBF’s Donation To Democrats

Elon Musk has claimed that SBF has contributed more than $1 billion to the Democratic party in order to promote the party in the elections. The post Elon Musk On SBF’s Donation To Democrats appeared first on Blockchain, Crypto and Stock News .
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OrBit Markets Launches Staking Yield Swaps

SINGAPORE–(BUSINESS WIRE)–#crypto–OrBit Markets, the leading institutional liquidity provider in digital asset options and structured products, has launched an innovative product
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Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability

Bitcoin miners are being caught between rising costs and the lower price of bitcoin.
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Coinbase CEO Slams FTX Founder On Twitter

Coinbase CEO slammed FTX founder and his executives for making an accounting mistake that cost the company $8 billion. The post Coinbase CEO Slams FTX Founder On Twitter appeared first on Blockchain, Crypto and Stock News .
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Nike Announces “1st Native Web3 Sneaker,” Courtesy Of NFT Property RTFKT

Not without it’s hiccups, Nike has formally announced it’s first “native web3 sneaker” this week, courtesy of it’s NFT / web3 arm, RTFKT. Now, as the industry leader in the sneaker game continues to show investment in building it’s infrastructure in emerging technology and web3-related fields, it’s also proving that the audience is rigid… and
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Crypto Association Of India Wants Lower Taxes On Crypto

Members from the BWA will meet with finance ministry officials of India, specifically those from the Central Board of Direct Taxes (CBDT). The post Crypto Association Of India Wants Lower Taxes On Crypto appeared first on Blockchain, Crypto and Stock News .
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Litecoin: Assessing the odds of LTC sustaining its ongoing bull rally

LTC’s MVRV Ratio spiked considerably over the past few days However, a few market indicators were bearish Litecoin [LTC] managed to outperform most cryptos lately, as it registered over 9% gains in just 24 hours. This was a promising uptick that increased the possibility of a further increase in its price over the coming days.
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Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year

Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s $5K Bitcoin Scenario Standard Chartered Bank published a note titled “The financial-market surprises of 2023” Sunday. The
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May Cardano (ADA) Be 2023 Highlight of Cryptocurrency Market?

Stablecoin and Cardano's presence on African continent may make altcoin grow in 2023
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Maxine Waters Is Not Playing With SBF. Says It Is Imperative That He Attends Their Hearing

Maxine Waters asked SBF nicely to attend a hearing on December 13. SBF refused. Now she insisted —using a less friendly tone.
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Ether Turns Inflationary as Network Usage Slows

Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned.
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Next Level Yields Will Drive Oryen Network Further Than GMX And SNX

Users can receive cryptocurrency rewards through staking by either contributing assets to a pool or a contract, similar to how depositors get interest on their savings in conventional banks. Utilizing this concept, the new DeFi startup Oryen (ORY) is generating customers an incredible passive income through its Initial Coin Offering (ICO). The price of the The post Next Level Yields Will Drive Oryen Network Further Than GMX And SNX appeared first on NullTX .
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cointelegraph

Bitcoin price recovery possible after record realized losses and leverage flush out create a healthier market

On-chain analysis highlights a slow down in selling and improving investor sentiment which could help BTC price recover.

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cointelegraph

US House committee chair pushes back against SBF's excuse to potentially delay testimony

"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters.

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cointelegraph

Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%

BTC whales and market makers are holding their leveraged long positions, even though BTC failed to break above $17,400 on Dec. 5

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cointelegraph

Nexo leaving US, says country lacks clear regulations

The crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down.

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cointelegraph

Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.

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cointelegraph

Metaverse comes in second place as Oxford's word of the year

The term describing an internet-enabled virtual world lost to "goblin mode" in 2022 — "a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy."

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cointelegraph

Central bank plans to make CBDC 'only legal digital tender' in Indonesia, says gov

“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo.

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cointelegraph

Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances

Maple’s decision comes after Orthogonal Trading admitted on Dec. 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.

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cointelegraph

Treasury officials would have done more for national security by leaving Tornado Cash alone

Tornado Cash contributes to our national security interests more than it undermines them.

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cointelegraph

Vitalik Buterin discusses his excitement for the future of Ethereum

The Ethereum co-founder was bullish on the rise of decentralized blockchain identities to safeguard user privacy.

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cointelegraph

Malta prepares to revise regulatory treatment of NFTs

The revision seeks to remove nonfungible tokens from Malta's Virtual Financial Assets framework.

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cointelegraph

How can UK-based businesses accept Bitcoin?

Through Bitcoin payment processors like BitPay, businesses in the UK can offer BTC as a payment method during checkout.

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cointelegraph

USDC issuer Circle terminates SPAC merger with Concord

The deal previously valued Circle at $4.5 billion in July 2021 before an upward revision to $9 billion in February 2022.

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cointelegraph

Brazilian crypto industry gets regulatory clarity amid global uncertainty

The recent regulatory framework from the Brazilian Congress will benefit the country’s financial institutions and bridge local liquidity with global markets.

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cointelegraph

BTC price levels to watch as Bitcoin holds $17K into the Wall Street open

BTC price strength allows cautious traders to outline targets above $17,500.

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cointelegraph

Litecoin eyes $100 after 'rare' LTC price breakout

MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally.

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cointelegraph

SEBA Bank partners with HashKey for institutional crypto adoption

The two firms will create solutions for institutional investors seeking to dive into the crypto ecosystem.

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cointelegraph

Crypto layoffs trigger mixed responses from the community

From giving encouragement to trying to recruit the laid-off staff, crypto community members posted various responses to recent crypto layoffs.

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cointelegraph

Crypto community baffled by SBF dictating terms over congressional hearing

Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest.

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cointelegraph

Audit firm Mazars to verify KuCoin’s proof of reserves

Mazars, the former accounting firm for Donald Trump’s companies, was hired recently to audit Binance’s PoR.

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cointelegraph

Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse

Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX.

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cointelegraph

Pakistan launches new laws to expedite CBDC launch by 2025

The State Bank of Pakistan signed in new laws for Electronic Money Institutions — non-bank entities offering digital payment instruments — to ensure the timely issuance of a CBDC in the next three years.

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cointelegraph

‘Imminent’ crash for stocks? 5 things to know in Bitcoin this week

Bitcoin gets a boost from a declining U.S. dollar, but BTC price action is anything but straight bullish, say analysts.

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cointelegraph

Ripple files final submission against SEC as landmark case nears end

The two-year-long battle between SEC and Ripple is approaching the end, with Ripple filing its final submission in its case against the U.S. regulator on Dec. 2.

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