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Search Results for: Cryptocurrency

Can Bulls Bring Litecoin (LTC) Back to $100?

Litecoin was among the few currencies to see an increase in value while the market fell last week. Over the past seven days, Litecoin has seen a rise in value. Litecoin is at $63.44 at the moment.  The price of Litecoin has fared better than most other cryptocurrencies since the

November 20, 2022 1 min read

Investment Firm ‘Man Group’ To Start Crypto Hedge Fund

Despite the massive fall of FTX earlier this month. London-based investment firm Man Group Plc is planning to start a cryptocurrency hedge fund. According to a Bloomberg report from the 18th of November, Man Group is getting ready to launch its cryptocurrency-focused hedge fund via its algorithmic trading arm AHL.

November 19, 2022 1 min read

Tether to Transfer $1B USDT From Solana to Ethereum Network

To move USDT from the Solana blockchain to the Ethereum blockchain, stablecoin issuer Tether has launched a $1 billion chain swap. The news comes as Solana, which was among the top 5 largest cryptocurrencies by market size only weeks ago, struggles in the wake of the bankruptcy of crypto exchange

November 19, 2022 1 min read

Voyager Token (VGX) Price Prediction 2022 — Will VGX Hit $0.6 Soon?

In Voyager Token (VGX) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about VGX to analyze the future movement of the cryptocurrency.  Voyager Token (VGX) Current Market Status According to CoinGecko, the price of Voyager Token (VGX) is $0.384808 with a 24-hour trading volume of

November 19, 2022 9 mins read

Ontario Teachers’ Pension Plan Writes Off $95M Exposure to FTX

Canada’s third-largest pension fund, the Ontario Teachers’ Pension Plan (OTPP), released a statement on its investment in the defunct FTX cryptocurrency exchange on Thursday. Investments are made on behalf of 333,000 active and retired educators via the OTPP, whose website reveals it has over C$243 billion ($182 billion) in net

November 19, 2022 1 min read

Coinbase Rating Changed From Buy to Neutral by Bank of America

As of today, Bank of America said it will be shifting its rating on Coinbase shares from buy to neutral. Since its all-time high of $357.39 on November 9, 2021, the price of COIN has fallen 86%, trading at $45.36 right now, a decrease of 7% over the last 24

November 19, 2022 2 mins read

Twitter Conflict Lead Paul Weiss to Fire Former FTX CEO Bankman-Fried

Sam Bankman-Fried, the former CEO of the bankrupt cryptocurrency exchange FTX is shedding the firm’s support as he impeding bankruptcy efforts through “incessant and disruptive tweeting.” Paul Weiss, the legal attorney for FTX, announced on Friday that it had stopped defending Bankman-Fried, who is facing high regulatory difficulties related to

November 19, 2022 1 min read

CEO and Founder of Coinbase Bullish Despite Rival FTX Fall

CEO and founder of Coinbase, Brian Armstrong, has spoken out about the cryptocurrency market’s current collapse. When asked about his feelings about the current crypto landscape, Coinbase’s CEO made it obvious that he is still positive despite the recent collapse of his competitor exchange, FTX. When asked about the former

November 18, 2022 2 mins read

Ripple Seeking Regulatory Approval in the Republic of Ireland

Recently, it was announced that XRP token issuer Ripple Labs is applying for permission from Irish regulators to join the European market. Ripple has plans to apply for an electronic money license once it secures a virtual asset service provider (VASP) license. According to Ripple’s announcement, the company has already

November 18, 2022 2 mins read

Genesis’ Lending Arm Halted Withdrawals After Failing To Raise $1B

According to a report by WSJ, cryptocurrency lender Genesis attempted to obtain a $1 billion loan from investors to prevent a liquidity constraint caused by the impact of the bankruptcy of cryptocurrency exchange FTX. Genesis required the credit by Monday at 10 am EST. Because of “abnormal withdrawal requests which

November 18, 2022 1 min read