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Search Results for: Cryptocurrency

JPMorgan Says: Centralized Exchanges Are Reason for Crypto Collapse

The financial behemoth JPMorgan shared insight into the complete scenario of the demise of the prominent cryptocurrency exchange FTX. JPMorgan stated that the centralized player is the cause of the recent crypto collapse. Also, the banking giant believes FTX’s failure might eventually make way for more strong regulations for cryptocurrencies.

November 15, 2022 1 min read

Elon Musk Positive About Future Of Crypto Market

Twitter CEO Elon Musk has stated that Bitcoin will recover, but it will take time because of the prolonged winter. The Tesla owner is very interested in cryptocurrency and has a lot of influence over the DOGE. In addition, despite the winter around the crypto industry and the collapse of

November 15, 2022 2 mins read

Binance Benefited From France Users as Visa Cuts off FTX Partnership

The world’s largest centralized cryptocurrency exchange Binance, experiencing massive use in its debit and credit card program. In addition, last week, Binance announced Apple Pay, Google Pay, and their credit/debit card integration to UK and EEA users. Meanwhile, in the aftermath of prominent crypto exchange FTX’s demise, Visa declared on

November 15, 2022 1 min read

TeraWulf Announces Third Quarter 2022 Results and Provides Operational Updates

Q3 2022 Operating Capacity >1.5 EH/s with 117 Bitcoin Self-Mined Operational Ramp Continues with BTC Self-Mined in October 2022 Exceeding Total for Q3 2022 EASTON, Md.–(BUSINESS WIRE)–$WULF #Bitcoin–TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), which owns and operates vertically integrated, domestic bitcoin mining facilities powered by more than 91%

November 15, 2022 9 mins read

Visa Ends Partnership With Bankruptcy Filed FTX Exchange

It was revealed on Sunday that Visa will no longer work with the defunct cryptocurrency exchange FTX. FTX-branded Visa debit cards will be discontinued, which was extended only last month. A Visa representative stated:  “The situation with FTX is unfortunate and we are monitoring developments closely. We have terminated our

November 15, 2022 1 min read

Ethereum Co-founder Vitalik Buterin Reportedly Sold 3000 ETH

Reports surfaced over the weekend that Vitalik Buterin, co-founder of Ethereum (ETH), liquidated a large quantity of ETH tokens. Vitalik’s transactions, according to a wallet tracker, occurred around the time of the major FTX crypto exchange breach. According to MistTrack, Vitalik traded roughly 3,000 ETH for around $4 million USDC.

November 14, 2022 1 min read

Sweat Economy (SWEAT) Price Prediction 2022 — Will SWEAT Hit $0.1 Soon?

In Sweat Economy (SWEAT) price prediction 2022, we use statistics, price patterns, RSI, RVOL, and other information about SWEAT to analyze the future movement of the cryptocurrency.  Sweat Economy (SWEAT) Current Market Status According to CoinGecko, the price of Sweat Economy (SWEAT) is $0.01291 with a 24-hour trading volume of

November 14, 2022 9 mins read

The Impact Collective Adds New Technology and Fundraising Features to its NFT Marketplace

La Jolla Playhouse Partnered with The Impact Collective to Provide a Digital Collectible to Donors for its Annual Innovation Night SAN DIEGO–(BUSINESS WIRE)–#DigitalArt—The Impact Collective announced new technical features on its NFT marketplace that cement its position as the one-stop shop for nonprofits to buy, sell, and re-sell digital collectibles.

November 14, 2022 3 mins read

Crypto.com CEO Clarifies Over Liquidity Rumors in AMA Session

After the demise of FTX, rumors of instability at Singapore’s Crypto.com exchange have increased. The value of its native currency, Cronos, has fallen as a result of this uncertainty. However, the company’s CEO has publicly addressed investor concerns. The CEO of Crypto.com, Kris Marszalek, participated in a live-streamed Ask Me

November 14, 2022 2 mins read

Binance CEO CZ Emphasizes Consumer Safety at G20 Summit

Following Sam Bankman-Fried’s FTX insolvency proceedings, Binance CEO and co-founder Changpeng Zhao (CZ) stated solid and clear laws are needed for the cryptocurrency sector. CZ, a crypto billionaire thinks that it’s not only the government’s job to ensure consumer safety; it’s everyone’s. According to Bloomberg, during a meeting of G20

November 14, 2022 1 min read