Bankrupt FTX Crypto Exchange Faces Further Setbacks, Anthropic AI Startup Sale Abandoned

Crypto exchange FTX has stopped the sale of AI startup Anthropic, despite multiple bidders showing interest. The judge has upheld most criminal charges against FTX's Sam Bankman-Fried. The post Bankrupt FTX Crypto Exchange Faces Further Setbacks, Anthropic AI Startup Sale Abandoned appeared first on BeInCrypto.

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Not for sale: Bitcoin addresses continue to HODL despite...

Bitcoin holders increased despite volatility, with a rising percentage of dormant supply. Interest in ETFs and addressing unit bias may further support BTC's adoption and liquidity. Despite The post Not for sale: Bitcoin addresses continue to HODL despite... appeared first on AMBCrypto.

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Global regulators scrutinizing Binance, bitcoin breaks above $31,000 on rising institutional adoption| Weekly recap

Binance faces further global regulatory challenges, an uptick in institutional adoption triggers a renewal of investor interest as bitcoin break above $31,000

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Surge in Bitcoin open interest signals possible increase in volatility

Quick Take The incessant influx of disheartening news into the Bitcoin ecosystem continues to cast a shadow over the Bitcoin market, pushing its price further into the red. This downward trajectory is underscored by the options 25 delta skew (1-week), indicating that put options are not only trading at a premium but are also on […] The post Surge in Bitcoin open interest signals possible increase in volatility appeared first on CryptoSlate.

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Divergence in Path Ahead for Interest Rates

Further rate hikes in countries like the UK and Australia could possibly crash their red-hot real estate sectors by increasing mortgage costs.

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Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit

Coinspeaker Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit Laurence Fink described the debt ceiling deliberations as bad for the dollar as the Blackrock CEO predicts further interest rate hikes.

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Interesting billionaires statistics as the US dominates 2023 world’s billionaire list

The impact of wounded unicorns, rising interest rates and falling stocks in 2023 have cascaded down to the world’s richest people as further elaborated in this billionaires statistics article.

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Beijing releases white paper for Web3 innovation and development

The release of the white paper coincides with new digital asset regulations in Hong Kong, raising further interest in China’s stance toward the crypto industry.

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Metacade offers fresh investment opportunity as MCADE lists on major exchanges

Metacade just had its first major post-presale success with the listing on leading decentralised exchange platform Uniswap. And with further listings scheduled for Bitmart and MEXC Global, interest in one of GameFi’s most exciting projects is hitting new levels.

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Crypto Whales’ Lack of Interest in Lido DAO: Potential Impact on LDO Price

Lido DAO's (LDO) price has experienced a 20% drop over the past week, with on-chain data indicating a decline in large transactions and long-term holders selling off their tokens. This shift in network activity suggests LDO may be in for further losses.

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Why Ethereum Could See Further Rise After Bitcoin Rally Ends

On-chain data suggests Ethereum is in a better long-term growth position than Bitcoin and could thus see gains even after BTC’s rally ends. Ethereum Exchange Reserve Hasn’t Risen That Significantly Yet As an analyst in a CryptoQuant post pointed out, investors have been depositing Bitcoin into exchanges recently. The indicator of interest here is the […]

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BitMEX Exec: High Interest in Crypto from Global Institutions Despite Black Swan Events

The crypto sector continues to witness support from global institutions despite the numerous black-swan events. To grow further, the asset class just might need time to mature.  The post BitMEX Exec: High Interest in Crypto from Global Institutions Despite Black Swan Events appeared first on BeInCrypto.

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Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […] The post Why is Bitcoin going up? $26K breached but there is reason for suspicion appeared first on CoinJournal.

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What will happen to crypto markets if Fed increases rates in March

From increased selling pressure to lower demand: in this article we are looking at the possible impact of further interest rate increases on crypto markets. After the rates increased seven times in 2022, the CME FedWatch tool predicts that the…

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What's causing UNI’s declining price action despite increased whale interest?

UNI remained one of the top choices of the whales. A few of the metrics and market indicators suggested a further downtrend in the coming days. On 31 January, Uniswap [UNI] released details The post What's causing UNI’s declining price action despite increased whale interest? appeared first on AMBCrypto.

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Bitcoin Retakes $17K as Interest Rates Plunge Following Economic Reports

Friday morning's reports on job and wage growth and the service industry gave hope that the Fed may further slow the pace of monetary tightening.

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Dogecoin Takes Biggest Hit, Falls 18% Following Elon Musk’s Twitter Poll

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Back to basics for Chainlink. Bulls have to defend $6 before a further crash happens

Chainlink traded at $6 on Monday, stabilising at the crucial support LINK buyers have always defended $6 against the onslaught of bears LINK could fall further if a break in the crucial support happens The start of Chainlink staking ignited an interest in the native token LINK.

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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).

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Bitcoin Price Eyes Fresh Upside Break After Fed Interest Rate Hike

Bitcoin price dipped a few points against the US Dollar after the fed rate hike. BTC remained supported and might eye a fresh increase above the $20,500 resistance. Bitcoin corrected further lower and tested the $20,000 support zone.

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Ripple Price Prediction: Can XRP Continue To Outperform Bitcoin?

Ripple struggled to clear the $0. 550 resistance against the US Dollar. XRP price is now moving lower and might drop further similar to bitcoin. Ripple faced a strong selling interest near the $0. 55 zone against the US dollar.

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Is A Spike In Bitcoin Open Interest Forecasting A 2021 Like Bullrun To $69,000?

Bitcoin is losing steam on low timeframes as the price is rejected from the $20,000 and seems poised to re-test previous support levels. The cryptocurrency enjoys a short-lived bullish price action, but buyers have been unable to push further.

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Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

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ECB Hikes Interest Rate 75 Basis Points as Inflation Hits

Crypto markets reacted calmly to the news, but it may presage further aggressive action by central banks

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Uniswap Volume Hit 2022 Low Sinking More Than $24 Billion  

Uniswap saw a further decline in trading volume during the seventh month of the year due to decreased investor interest in digital assets. The post Uniswap Volume Hit 2022 Low Sinking More Than $24 Billion   appeared first on BeInCrypto.

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This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike

The Federal Reserve increased the interest rate by a further 0.75% and the crypto markets responded bizarrely. The U.S. interest rates are back to pre-pandemic levels as the battle against inflation rThe post This is how the crypto market, especially BTC and ETH, reacted amid latest Fed hike appeared first on AMBCrypto.

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Bitcoin Flirts With Hurdle At $24k, Why It Could Be In Early Days Of Recovery

Bitcoin continues to trend to the upside over the short term as the crypto market hints at further gains. The bullish momentum seems to be driven by the positive earnings seasons and the U. S. Federal Reserve (Fed) interest rates hike.

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Bitcoin, Ethereum Price Down Over 30% This Week, Terra Classic (LUNC) Overtakes Terra 2.0 (LUNA) in Market Cap

Even with the Fed raising interest rates by unprecedented amounts, last week’s Consumer Price Index (CPI) numbers showed a further 6% gain. Record gas prices continue to drive inflation at an incredible rate, causing uncertainty in global markets.

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Are altcoins losing their luster amid fears of further interest rate hikes

The Federal Reserve would raise interest rates at its May meeting after it hiked rates for the first time since March of 2018. The nation’s central bank, is now, expected to lift the benchmark Fed fThe post Are altcoins losing their luster amid fears of further interest rate hikes appeared first on AMBCrypto.

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Goldman Sachs offers first Bitcoin-backed loan as Wall Street embraces crypto

Goldman Sachs has offered its first Bitcoin-backed loan, showing further signs of increased interest in cryptocurrency from Wall St institutions.

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Dogecoin (DOGE) Trading Volume Plunges – Here’s Why

With a bearish market, the canine-themed meme coin Dogecoin suffered a major decline in trading volume. Investor interest also dramatically waned starting December 2021. Further, there was a huge 66% slump in trading volume from January to March of 2021.

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After Shiba Inu Listing, Robinhood Acquires UK Crypto Platform Ziglu to ‘Rev Up Expansion Plans’

Robinhood, a popular stock and crypto trading app, has agreed to purchase London-headquartered crypto firm Ziglu. The acquisition comes as Robinhood dips its toes further into the crypto waters amid growing interest.

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Bitcoin Slips Back To 38k, Further Downside Incoming?

Bitcoin slide to $37,000 on March 7 sparked some purchasing interest, resulting in a price bounce to $39,000 on March 8. Surprisingly, the upward sloping trendline that served as an accumulation zone for traders in 2022 was the origin of the upside retracement move.

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What Is Floor Price For NFTs? NFT Metrics Explained

NFTs or Non-Fungible Tokens are specific cryptographic tokens that cannot be replicated. In 2021, we saw a real boom in the NFT market, and interest in them continues in 2022. Many NFT projects such as CryptoPunks and Bored Apes Yacht Club have driven the crypto community crazy and further increased interest in digital art and […] The post What Is Floor Price For NFTs? NFT Metrics Explained appeared first on CaptainAltcoin.

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$100 Trillion Market Showing Growing Interest in Digital Gold (Bitcoin) and Web 3.0 (Ethereum)

“Every single institution that you can think of in every vertical,” working on crypto and “much further along” than one would expect,” says Galaxy Digital’s global head of asset management. The post 0 Trillion Market Showing Growing Interest in Digital Gold (Bitcoin) and Web 3.

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Understanding The Interest Rate Fallacy: The Risks Of Holding Fiat

Today’s low interest rate climate is one that further reduces the opportunity cost of holding base, fiat money — a fallacy fixed by Bitcoin.

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Bitcoin or Blockchain: What is causing crypto investments to double

Investor interest in crypto assets has led to a huge surge in overall investments into the blockchain and cryptocurrency industry, a new report by accounting firm KPMG has revealed. It further stated The post Bitcoin or Blockchain: What is causing crypto investments to double appeared first on AMBCrypto.

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Bitcoin, Ethereum, And XRP Slide As Bank Of America Establishes Its Own Dedicated Crypto Research Team

Bank of America, the second-largest bank in the U. S. , is delving further into the crypto industry. The bank has created a research team in a bid to capitalize on investors’ growing interest in digital currencies, a report by Bloomberg reveals.

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As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows

Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021.

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Ethereum Price Looks Positive With 8% Weekly Gains – Where to Buy ETH

Ethereum price could break towards $3,000, with further upside amid buying interest likely to… The post Ethereum Price Looks Positive With 8% Weekly Gains – Where to Buy ETH appeared first on Coin Journal.

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Record prices further enhance adoption of HRC steel futures contract

The NYMEX US Midwest HRC contract settled on CRU has recently surged to record levels of open interest and is seeing continued growth in trading volumes.

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Institutional Interest in Bitcoin Still Red Hot Despite Price Slump

METACO has announced on March 25, 2021, that it has now integrated IBM’s confidential cloud computing and Hyper Protect Services infrastructure into its processes, in a bid to further strengthen its platform and make it safer for its institutional clients, as well as large financial institutions to handle cryptocurrencies.

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Xeno Holdings Invests In South Korean-Based CityLabs Co. Ltd

Xeno Holdings Limited, a Hong Kong-based technology investment company, has invested major capital in CityLabs Co. Ltd to further venture into the South Korean market and Asia at large. The company has recently shown interest in penetrating the South Korean market stating favoring conditions.

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Elon Musk Defends Tesla’s $1.5B BTC Bet – Crypto Community Weighs In On Dogecoin Price Action

Elon Musk believes that holding Bitcoin is less risky than holding fiat currencies. In a recent Twitter exchange, he further defended Tesla’s $1. 5 billion BTC purchase as a strategic hedge against fiat’s negative interest.

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FTX Token (FTT) rallies 105% as interest in derivatives trading grows

In the last 30 days, FTX Token rallied 105% as its exchange surpassed BitMEX and Deribit's open interest, but is there room for further upside?

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A Digital Rupee Token May Be a Reality, Says Indian Central Bank

The Reserve Bank of India (RBI), the country’s central bank, has expressed an interest in introducing a digital version of the rupee. The central bank further said that it is examining the need and viability of a central bank digital currency (CBDC).

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Celsius Network Grew 10x in 2020; CEO says ‘Huge’ Interest from Retail & Institutions for BTC, ETH & Other Crypto’s

Today, Bitcoin is keeping around $33,000 after recording an approximately 30% correction from January's all-time high of $42,000. The mainstream media and the likes of Scott Minerd of Guggenheim and JPMorgan are getting skeptical of this bull run extended further.

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Institutional demand for Bitcoin skyrockets while technicals point to a steep correction

Bitcoin surged to a new all-time high for the first time since mid-December 2017. While interest among institutional investors skyrockets, a particular technical indicator points to a steep decline before further gains.

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Digital Currencies Could Mitigate, If Not Eliminate, Negative Interest Rates: BoE Chief Economist

The chief economist for the Bank of England, Andy Haldane, says digital currencies could reduce the country's prevalence of negative interest rates. In a statement, Haldane further spoke on the pros and possible risks that widely-accepted digital currencies have on the financial system.

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