Crypto Market Forecast: Week of November 21st 2022

A curated weekly summary of forward-focused crypto news that matters. This week, the FTX collapse drives the price of Bitcoin to new lows, FTX contagion causes connected crypto firms to tremble, and assets flow out of exchanges as traders lean towards self-custody.

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FTX’s Collapse Triggers Dramatic Shift Towards Self-Custody For Bitcoin, Ethereum

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Regulations Will Lead To A Two-Tiered Bitcoin Society

FTX is the greatest excuse, whether planned or not, to further control bitcoin on-ramps and take away the possibility of self-custody and true ownership.

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Retail traders massively withdraw their BTC from exchanges

FTX collapse has birthed renewed interest in self-custody among retail users, as many are now moving their Bitcoin (BTC) to cold wallets. The post Retail traders massively withdraw their BTC from exchanges appeared first on CryptoSlate.

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$3 billion in Bitcoin left exchanges this week amid FTX contagion fears

It appears that more investors are choosing to self-custody their BTC funds in the wake of the FTX scandal and fallout.

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FTX crash pushes Bitcoin to self-custody; Ethereum switched for stablecoins

After the FTX collapse, investors are moving large amounts of Bitcoin (BTC) to their self-custody wallets and exiting Ethereum (ETH)  to invest in stablecoins, according to data analyzed by CryptoSlate.

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Fedimint Uses Trust To Change The Nature Of Bitcoin Self-Custody

Fedi is working to change the face of bitcoin self-custody by onboarding millions of people onto bitcoin by getting them off exchanges.

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The All-Important Journey To Self-Custody Bitcoin

Two Bitcoiners explain their custody journey and invite others to reflect upon their own steps to claiming their sovereignty.

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Bitcoin Self-Custody Is Necessary For Financial Sovereignty

Bitcoin was designed to empower the individual through the separation of money and state. Self-custody wallets are integral in preserving that goal.

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How The Government Seizes Assets And Why Bitcoin Is A Problem For Statists

In a world with third-party custody and self-custody, bitcoin is the clear winner for offering protection from government overreach and seizure.

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Self-custody is key during extreme market conditions: Here's what experts say

Self-custody is what crypto was built for, while bear markets are nothing new to Bitcoin and other cryptocurrencies, industry executives say.

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Edge launches flagship cryptocurrency Mastercard at Consensus 2022

The card and app allow users to spend Bitcoin at more than 10 million merchants nationwide without compromising their personal data or identity. Major self-custody exchange Edge announced its new Edge Mastercard at Consensus 2022 in Austin, Texas today.

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Casa - The safe way to store your Bitcoin

Nick Neuman is the founder of Casa – a provider of Bitcoin security services that enables users to have total self-custody over their crypto holdings, without risk of theft or hacks like those experienced by exchanges.

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Block Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow

Block executives spoke during the company’s annual investor day on Wednesday.

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Bitcoin Self-Custody Company Casa Raises $21M

The news of the fundraise coincides with the launch of Casa API.

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Hexa Wallet's Fundraising Crosses $1 Million, Funds To Be Used For Bitcoin Self-Custody Solutions

Hexa Wallet’s pre-seed rounds of over $1 million are being used for onboarding developers, designers, and driving community efforts for self-custodial bitcoin apps.

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Is Block About To Change Bitcoin’s Self-Custody, Hardware Wallet Game? Probably

Exciting times at the Block headquarters. In today’s world, self-custody of your coins is one of the most important things there is. And Jack Dorsey’s bitcoin-focused company knows this. That’s why Block’s team is building a hardware wallet, even though Nick Slaney, Product Design Engineer, thinks it’s “so much more.”  In a recent Twitter thread, […]

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Marty Bent Explains The Importance Of Bitcoin Self-Custody In U.S. National TV

Once again, bitcoin takes the big stage. Marty Bent, host of the “Tales From The Crypt” podcast, told a national audience: “They can only seize your digital currency, your bitcoin, if you’re holding it in an exchange.

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Warren Davidson’s New Bill Bans Federal Agencies From Restricting Crypto

Is U. S. Congressman Warren Davidson reacting to the current situation in Canada? He recently introduced the “Keep Your Coins Act” to protect private bitcoin and crypto usage in his country. Specifically, it prohibits Federal Agencies from interfering with the right to self-custody and to transact P2P.

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Bitamp Launches Self-Custody Wallet

Bitcoin has been in the news since billionaire hedge fund manager Paul Tudor Jones announced that he had bought Bitcoin. Although there are many ways to buy Bitcoin and store it with an exchange such as Coinbase or Binance, the popular way to store Bitcoin by early believers has always been through self custody solutions.

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BitAmp – The Next New Open Source Wallet

With the recent rise of Bitcoin prices and the Bitcoin halvening, new entrants into the cryptocurrency field may wonder where they can self-custody their Bitcoin in the most secure way. BitAmp’s Emphasis on Privacy and Security The developers behind new entrant Bitamp’s Bitcoin wallet have created an easy-to-use client-side open-source Bitcoin wallet to fill this […] The post BitAmp – The Next New Open Source Wallet appeared first on Bitcoin News.

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“Owning Bitcoin is very very smart” Tyler Winklevoss Counters Erik Voorhees On Holding Gold

The classic argument between Gold supporters and Bitcoin adherents continues after CEO of ShapeShift, a crypto platform posted a tweet stating that owning Gold is very smart. The tweet caught a lot of people by wonderment as Voorhees is the CEO of a huge self-custody crypto platform, however, his post doesn’t necessarily mean that gold […]

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Erik Voorhees’ new ShapeShift platform takes a jab at Coinbase by providing self-custody services

Erik Voorhees, CEO of ShapeShift, spoke about a new feature for its users with Naomi Brockwell, and how it should be a standard for cryptocurrency platforms in the present day. Voorhees, a Bitcoin enthusiast, founded ShapeShift back in 2014.

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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).

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Sparkswap, World’s First Lightning Atomic Swap Exchange, Now in Beta

Bitcoin’s first decentralized exchange to make use of the Lightning Network’s Atomic Swaps is now in beta. Sparkswap, an exchange with backing from Pantera Capital (which announced its ambitious mission to become the most decentralized bitcoin exchange on the market in August 2018), has now opened its beta to users.

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Report: Two Hacker Groups Stole $1 Billion From Crypto Exchanges

A new report alleges that just two groups of hackers dominate the majority of cybercrime directed against cryptocurrency exchanges. Together, these groups have responsible for stealing about $1 billion of cryptocurrency so far.

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Arwen Enables Self-Custody for Traders of Centralized Crypto Exchanges

Centralized exchanges are a common security concern in the cryptocurrency ecosystem. As a single point of failure they can be strong-armed by governments, routinely targeted by hackers, or operators could pull an exit scam and elope with client funds.

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