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Crypto Trading News Bitcoin

Crypto trading volumes have fallen further in the last week as trading activity remains low. Daily trading volumes in BTC spot markets, when excluding Binance, sits 65% below the yearly average.

On November 29, the 7-day average real spot volume in BTC (excluding Binance) reached $510m, lows not seen since October 2020

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Crypto Trading News Bitcoin

Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze
The institutional crypto brokerage has been in talks with creditors and potential investors since the collapse of exchange FTX.

https://www.coindesk.com/business/2022/12/07/genesis-client-letter-suggests-no-imminent-solution-to-withdrawal-freeze

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Crypto Trading News Bitcoin

Coinbase Wallet: “You might have noticed you can’t send NFTs on Coinbase Wallet iOS anymore. This is because Apple blocked our last app release until we disabled the feature.”  They claim the iPhone maker “blocked our last app release until we disabled the feature” because Apple wanted the blockchain fees associated with an NFT transfer to go through its in-app purchase system, which requires a 30% cut

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Crypto Trading News Bitcoin

$2.7B worth of crypto has been lost in 2022 to hacks of smart contracts or protocol infrastructure. This represents a 63% increase from last year.

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Crypto Trading News Bitcoin

FTX's Sam Bankman-Fried ordered to appear in a Texas court in February — link

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Crypto Trading News Bitcoin

These 8 US congressmen tried to stop the SEC inquiry into #FTX back in March 2022. Most received donations directly from SBF. This is how their game works. We don't need more regulation in crypto, we need less of it and for everyone to wise up.

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Crypto Trading News Bitcoin

Justin Sun says crypto trading exchnages Huobi and Poloniex could merge in future

https://www.theblock.co/post/189926/justin-sun-huobi-poloniex-could-merge?utm_source=rss&utm_medium=rss

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Crypto Trading News Bitcoin

BTC is currently flowing out of exchanges at a rate of -172.7k BTC per month, eclipsing the previous peak set following the June 2022 sell-off.

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Crypto Trading News Bitcoin

As network activity on Ethereum picked up over the last two weeks, higher priority fees paid by users to validators have briefly caused staking yields to jump to over 10% APR before falling back down closer to ~6% range.

#crypto #trading #news

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Crypto Trading News Bitcoin

SBF was possibly the worst human being ever to enter crypto...

Alameda was secretly exempted from FTX's auto-liquidation protocols

SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing

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Crypto Trading News Bitcoin

This could be the best thing to happen to crypto trading in a long time. We dont need others making rules for us and telling us they know best. We need a trustless, safe, decentralized environment free from outside influence.

Cumberland: FTX collapse to trigger structural change in crypto markets, away from centralization — link

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Crypto Trading News Bitcoin

BREAKING: Sam Bankman-Fried has resigned as CEO of FTX

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Crypto Trading News Bitcoin

Sam Bankman-Fried told an investor this week that Alameda owes FTX about $10 billion — link

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Crypto Trading News Bitcoin

Binance is sharing details of hot and cold wallet addresses: BTC(~475K BTC) ETH(~4.8M ETH) USDT(~17.6B USDT) BUSD(~21.7B BUSD) USDC(~601M USDC) BNB(~58M BNB). Binance will create a Merkle tree POF in the next few weeks.

www.binance.com/en/blog/community/our-commitment-to-transparency-2895840147147652626

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Crypto Trading News Bitcoin

Binance walks away from FTX deal, WSJ reports

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Crypto Trading News Bitcoin

In November, Bitcoin recorded the largest outflows from exchanges in its history, with net outflows of 91,557 BTC.
Since FTX, centralised exchanges have witnessed a string of outflows as market participants look to safeguard their funds. This is great for crypto. Put your funds in your own hands

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Crypto Trading News Bitcoin

ConsenSys intends to store MetaMask user data for only 7 days

Crypto Trading News
https://www.theblock.co/post/192468/consensys-says-it-will-store-wallet-and-ip-data-for-seven-days?utm_source=rss&utm_medium=rss

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Crypto Trading News Bitcoin

Wallet Maintenance for BNB Smart Chain (BEP20) - 2022-12-02
https://www.binance.com/en/support/announcement/3dba7a761d0244788758e0a4e750de5f

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Crypto Trading News Bitcoin

Genesis creditors organize in bid to forestall bankruptcy move: Bloomberg —link

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Crypto Trading News Bitcoin

JUST IN: BlockFi has filed for bankruptcy

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Crypto Trading News Bitcoin

Are you living in fear of or in anticipation of #crypto regulation?

https://www.wsj.com/articles/ftxs-collapse-upends-sam-bankman-frieds-washington-play-11669545002?mod=hp_lead_pos4

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Crypto Trading News Bitcoin

62% of institutional investors who are currently invested in crypto increased their allocations in the past 12 months (vs. 12% who decreased their allocations) #crypto #trading

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Crypto Trading News Bitcoin

Tether announced it will coordinate with a 3rd party to perform a chain swap, converting from Solana to Ethereum ERC20, for 1 billion USDT. Some crypto trading exchanges have suspended SOL-USDT deposits SOL dead??

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Crypto Trading News Bitcoin

Total cryptocurrency market capitalisation has fallen to around $800bn from a peak of $2.9trn. Time to buy the dip?

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Crypto Trading News Bitcoin

FTX had enough crypto to repay all customers, Bankman-Fried tweets — link | theblock

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Crypto Trading News Bitcoin

Binance will launch a new ‘industry recovery fund’ — link

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Crypto Trading News Bitcoin

Tether proves resilience of reserves in latest attestation — link

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Crypto Trading News Bitcoin

Tether begins freezing FTX USDT at the request of Law enforcement — link

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Crypto Trading News Bitcoin

FTX faces liquidity shortfall of up to $8 billion, seeking emergency funding to meet withdrawal requests: WSJ

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Crypto Trading News Bitcoin

BREAKING: US reportedly investigating FTX over handling of clients' funds and crypto lending

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