Ethereum Price Consolidates Losses, Why 100 SMA Could Trigger Rally
[ad_1] Ethereum started a recovery wave above the $1,200 level against the US Dollar. ETH must clear $1,320 and the 100 hourly SMA to start a sustained upward move. Ethereum started a recovery wave above the $1,200 and $1,220 levels. The price is now trading below $1,300 and the...
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Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’
[ad_1] Tom Emmer, the recently re-elected Republican lawmaker representing Minnesota’s 6th district in the United States House of Representatives, has alleged Securities and Exchange Commission chair Gary Gensler had been helping FTX CEO Sam Bankman-Fried to gain a “regulatory monopoly” through the crypto firm. In a Nov. 10 tweet,...
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MAS, Bank of Ghana and Development Bank Ghana to develop an Integrated Financial Ecosystem to Support Growth of Asia-Africa SME Trade Corridor | by Bit Media Buzz | Nov, 2022
[ad_1] Singapore, 10 November 2022 — The Monetary Authority of Singapore (MAS), Bank of Ghana (BOG) and Development Bank Ghana (DBG) [1] today signed a Memorandum of Understanding (MOU) to develop the Ghana Integrated Financial Ecosystem (GIFE). The GIFE aims to enhance financial capabilities and access for micro, small...
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FTX Legal Department Jumps Ship, Binance Deal Fizzles Out
[ad_1] 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...
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Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B
[ad_1] Bitcoin (BTC) liquidated $200 million of long positions on Nov. 8 as BTC price briefly tumbled to two-year lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price sets new two-year low Data from Cointelegraph Markets Pro and TradingView revealed carnage across crypto price charts as exchange FTX kept...
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Chainlink (LINK) Rejected At $9.20 But Picks Up Steam
[ad_1] While the broader crypto market is currently trying to recover from the shock surrounding FTX and the accompanying fears of a contagion effect, Chainlink has recorded the highest price increase within the top-100 by market cap within the last 24 hours. At press time, the LINK price was...
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Crypto notches a win among professional accountants
[ad_1] In his regular column, J.W. Verret, a law professor, attorney, CPA, and head of the Crypto Freedom Lab covers law and regulation of cryptocurrency with a focus on decentralized finance (DeFi) and financial privacy. Institutional adoption is an exciting yet frustrating topic in crypto. The true modern-day crypto...
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Gate.io Introduces Crypto-Payment Solution Gate Pay
[ad_1] Gate.io, digital asset services provider, launched a new crypto-based payment solution dubbed Gate Pay on Monday. The new service currently supports 21 cryptocurrency assets, but the exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an...
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Why banking uses at least 56 times more energy than Bitcoin
[ad_1] The next time Bitcoin (BTC) comes under fire for energy consumption, remember this statistic: the banking industry uses at least 56 times more energy. That’s according to cryptographer and founder of Valuechain, Michel Khazzaka: “I’m not saying it uses less or the same, just know it uses 56...
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Axie Infinity (AXS) Rallies By 23%; Are The Bulls Taking Over From Here?
[ad_1] AXS’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards. AXS’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held...
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