In the wake of FTX’s collapse, cryptocurrency users are seemingly moving their funds to wallets they control on-chain. Cardano ($ADA) wallets have, for example, seen their growth accelerate over the past few days. According to data from Cardano Blockchain Insights, the number of Cardano wallets has recently grown...
A popular cryptocurrency analyst has suggested that the pace of the flagship cryptocurrency Bitcoin ($BTC) could soon hit the bottom of the ongoing bear market after the collapse of the popular cryptocurrency trading platform FTX. In a series of tweets shared with their over 300,000 followers on the...
Binance and KuCoin have announced the delisting of trading pairs for FTT FTX exchange encounters more troubles as investigation begins in the Bahamas On 14 November, the trading platform Binance announced that it would soon delist certain trade pairings using the FTT token. This statement was backed by KuCoin as well. The announcement was not surprising, given the current scenario around FTX‘s exchange and its native coin. In a related development, KuCoin also announced the...
Travis Kling, the company’s founder and chief investment officer, said that the California-based hedge fund Ikigai Asset Management had a “vast majority” of its assets on the now-defunct cryptocurrency exchange FTX. On Monday, Kling stated through Twitter that Ikigai got affected by the FTX crash last week. The majority of the assets of the hedge fund were on the FTX exchange and they received very little amount by the time they tried to withdraw on Monday morning. They are currently...
Buying pressure is building up supported by ETH whales and retail accumulation ETH sell pressure is gradually tapering out and may give way to a strong bullish bounce ETH holders who bought the dip last week may have enjoyed some upside but it has been rather limited. This is because last week’s crash left investors more fearful and risk appetite was suppressed. While not much has happened in terms of price action, investors should expect more volatility and a bullish bounce ahead...
Published 10 mins ago The Chiliz price reverted thrice from diverging trendlines of the megaphone pattern, indicating the traders strictly respect its trading set-up. Furthermore, the altcoin has recently bounced back from the support trendline and triggered a new bull cycle. Under the influence of this chart pattern, the bullish recovery is set to reach the overhead trendline.
Cranfield, England, 13th November, 2022, Chainwire WAHED Coin, the native cryptocurrency of the WAHED ecosystem, is to be listed on LBank on December 5. The asset powers a growing array of features within WAHED’s next-generation investment hub. The listing of WAHED Coin on LBank will make the digital asset available...
U.S Congressman Brad Sherman has taken aim at crypto’s rich and elite, accusing them of impeding necessary legislations required to regulate the industry. The representative of California’s 30th Congressional District has been known for his position against crypto. In fact, he has frequently criticized those associated with the crypto-sector. His latest comments were part of a recent statement he made to address the collapse of FTX, the Bahamas-based crypto-exchange. “To date, efforts by billionaire crypto bros to deter meaningful legislation by...
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