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Crypto News
Here’s why $16.5K is critical for November’s $1.14B Bit…
Bitcoin (BTC) faced a 7.3% drop between Nov. 20-21 as it tested the $15,500 support. While the correction seems small, the movement has caused $230 million in liquidations in futures contracts. Consequently, bulls using leverage came out…
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Researcher explains ETH exodus from exchanges
Blockchain analytics carried out by a Nansen researcher has highlighted outflows of Ether (ETH) and stablecoins from centralized exchanges in the wake of FTX’s collapse.Nansen research analyst Sandra Leow posted a thread on Twitter…
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DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market
The ongoing crypto bear market has proven itself to be a builders market as investments continue to find projects with promise.Onomy, a Cosmos blockchain-based ecosystem, just secured millions from investors for the development of its new…
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Why is Bitcoin price up today?
Bitcoin price is up on Nov. 22, and a market-wide rally in crypto prices suggests that Bitcoin (BTC), Binance Coin (BNB) and Ether (ETH) could be bouncing off of yearly lows.The current rally in BTC and select altcoins could indicate the…
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Bankrupt Crypto Exchange FTX Exploring Sales of Subsidiaries, CEO Reveals
Bankrupt cryptocurrency exchange FTX is exploring sales, recapitalizations, and other strategic transactions with respect to its solvent subsidiaries. The firm’s new CEO has instructed the FTX team “to prioritize the preservation of…
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52% of Bitcoin Holders Now Losing Money vs 58% in March…
The on-chain data of Bitcoin shows that 52% of total Bitcoin holders are now losing money. What are the signs of a bottom?
According to data from IntoTheBlock, 21.36 million Bitcoin (BTC) addresses are In the Money. Whereas 24.56 million…
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FTX showed the value of using DeFi platforms instead of gatekeepers
The rapid implosion of FTX has led general investors and crypto believers alike to question the validity of crypto and, indeed, predict its end. But, an understanding of history points not to crypto’s demise but rather a move toward new…
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DeFi, NFT Remains Resilient Despite FTX Implosion: DappRadar
The fallout from FTX’s collapse has been devastating, and the market is poised for more losses. But according to a recent report by DappRadar, Web3 remains resilient.
Centralized services are on the losing side. With the…
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FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district of Delaware, was filed as part of the…
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Here’s Why Tim Draper Still Believes Bitcoin Will Reach…
American billionaire venture capitalist Tim Draper has reiterated his bullish support for Bitcoin despite the crypto winter intensified by the sudden crash of the FTX exchange.
Draper predicted last June, during the bull…
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