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Search Results for: ftx

Shiba Inu Worth $16.56M Moved by Whales as Market Rebounds

After a year of volatility in the cryptocurrency market, prices have started recovering in recent days. Yesterday, there was a significant increase. The coins are still trading in the green, prompting optimistic forecasts for the year-end. Shiba Inu prices have gained marginally in the last day. As of this writing,

November 30, 2022 1 min read

Brazil Passes Crypto Bill Recognizing Bitcoin As Legal Tender

Brazilian Chamber of Deputies passed the crypto bill to regulate the cryptocurrency sector in the largest South American country. Finally, after 5 months of voting dormancy, the regulatory body waved a green flag for bill 4401/21 on Tuesday evening.  Bitcoin as Brazil Legal Tender?  Originally, Aureo Riberio, a member of

November 30, 2022 2 mins read

27 Crypto Exchanges Vanished in 2022!

As all the crypto followers know, the year 2022, has not been lucrative like the previous year. However, hopes were not that high for the year 2022. On the contrary, the exact opposite happened. The year 2022, is now considered as a complete ‘Bear Year’, owing to various factors.  Accordingly,

November 29, 2022 2 mins read

Yuga Labs to Launch New NFT Collection ‘Mecha Apes’ in December

It was speculated in September that NFT powerhouse Yuga Labs was developing a new NFT Collection named “Mecha Apes.” Which may be released before the year’s end. The Community Manager for Yuga Lab, Alexei Koseff, just tweeted that the NFT giant would finally release “Mecha Apes” in time for the

November 29, 2022 1 min read

Web3 games to Android: Aeria Canada Joined With Ready Games

The global cryptocurrency market tumbled due to the FTX fallout but still, more exciting upgrades and events are happening in the web3 space, particularly in the game industry. Aeria, a well-known top-notch mobile games developer, is collaborating with Ready Games to shift its most popular games to web3. Result of

November 29, 2022 1 min read

BlockFi Bankruptcy Filing Reveals an Unsettled $30M to SEC

This year, the cryptocurrency markets went through a lot of turmoil, which affected the value of the tokens. Also, prominent crypto platforms faced several investigations by the Securities and Exchange Commission (SEC). As BlockFi is one of the biggest creditors to the US SEC.  After a string of failures in

November 29, 2022 1 min read

The Worldwide Cryptocurrency Exchange Platform Industry is Expected to Reach $264.3 Billion by 2030 – Growing Popularity of Mobile-Based Trading Platforms is Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Cryptocurrency Exchange Platform Market Size, Share & Trends Analysis Report by End-use (Commercial, Personal), by Cryptocurrency Type (Bitcoin, Ethereum), by Region (EU, APAC, North America), and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering. The global cryptocurrency exchange platform market size is expected to reach USD

November 29, 2022 3 mins read

Fidelity Investments Finally Launches Retail Crypto Trading

Fidelity Investments has reportedly launched crypto trading accounts for consumers, after the introduction of a waiting list earlier this month. Even if the FTX fall has coincided with widespread uncertainty, the Fidelity development may be an indication of stability. An email sent out to users today began with the phrase

November 29, 2022 2 mins read

Crypto Lender BlockFi Sued Sam Bankman-Fried For Robinhood Shares

Over the past few weeks, a lot of catastrophic events have taken place in the global cryptocurrency market. Also, the crypto exchange FTX fallout alarmed several big-shot companies and many people in the cryptocurrency community, and the global crypto industry faced cold selling pressure.  While the crypto lending platform BlockFi

November 29, 2022 1 min read

Centralized Exchange Would Continue To Dominate as per JPMorgan

JPMorgan predicted that centralized exchanges would continue to dominate the bulk of global digital-asset trading volumes despite predictions from certain crypto analysts that a move toward decentralized platforms would follow after FTX’s demise. The bank’s strategists, led by Nikolaos Panigirtzoglou, warned clients on Thursday that the DEXs’ slower transaction speeds,

November 28, 2022 2 mins read