Half of Turkish population now owns crypto, survey finds

71% of crypto investors in Turkey own Bitcoin while 45% of them own Ethereum. NFTs, Metaverse, and memecoins were also gaining popularity among crypto enthusiasts in Turkey. More than half The post Half of Turkish population now owns crypto, survey finds appeared first on AMBCrypto.

180 +

Bonk Meme Coin Loses 50% of Its Value, Is Meme Coin Done? Crypto Market Review, Jan. 6

Meme coin that fueled rally on Solana loses half of its value in last few days

220 +

Crypto billionaires lost $116B since March: Report

The loss represents the collective personal equity of 17 people in the space, including 15 who have lost over half of their fortunes since March.

173 +

North Korean hackers reportedly stole $1.2B in crypto since 2017

South Korea’s National Intelligence Agency (NIS) reportedly revealed that state-sponsored North Korean hackers stole $1. 2 billion worth of crypto assets in the last five and a half years and the country has been using these funds to finance its nuclear missile program.

210 +

Interest In Bitcoin Actually Ballooned In 2022 Despite Crypto Winter, This Metrics Show

The first six months of 2022 have been remarkably awful for the crypto industry as a whole. Bitcoin and ethereum, two of the most valuable cryptocurrencies, have lost more than half of their value from their all-time peaks late last year.

215 +

Satoshi’s Identity Might Have Been Revealed, Shytoshi Kusama Shares Mysterious Message, Almost Half of SHIB Supply Gone: Crypto News Digest by U.Today

What happened in the crypto industry over the past day? Read U.Today’s news digest to find out!

313 +

Bitcoin retreats below $18k as Fed raises interest rate to a 15-year high

Bitcoin has dropped below the $18k once again following its rally earlier this week. The Federal Reserve raised interest rates by half a point a few hours ago. The total crypto market cap continues to stay above $800 billion.

236 +

Revealed: Sam Bankman-Fried Secretly Loaned Crypto News Site The Block And Its CEO $43 Million

The FTX debacle keeps taking unexpected turns. A bombshell report has revealed that Sam Bankman-Fried’s Alameda Research secretly provided The Block and its ex-CEO, Michael McCaffrey, with at least $43 million in funding over the past year and a half.

223 +

Coinbase CEO estimates 50% revenue drop due to falling crypto prices

Coinbase CEO says that low crypto prices and the fall of the FTX have shaken investors' trust. Subsequently, their revenue could more than half by end year.

208 +

Coinbase Head Predicts 50% Revenue Slump This Year, Stock Down 86%

Coinbase chief executive Brian Armstrong is not very optimistic about his firm’s revenue this year. He claims earnings may be cut by half due to a prolonged crypto winter and waning investor confidence.

219 +

Bybit joins leading crypto companies to offload 30% of staff, CEO makes alarming revelations

As the broader fintech market continues to cut down on its staff, cryptocurrency firms have followed suit. In an announcement yesterday, the CEO of the leading cryptocurrency exchange Bybit revealed that it would slash its staff number by nearly half the existing amount.

223 +

Research: $3.5bn lost to crypto scams in 2022

Crypto investors have lost almost $3.5bn to crypto scams and rug pulls in 2022 alone. According to a research report released by Privacy Affairs, the FTX collapse constitutes more than half of the figure. 2022: a year to forget for…

200 +

IMPT, Flasko, and Big Eyes are among the most trending presales, but Oryen stands out with 200% gains during ICO

The crypto market has shrunk by half in 2022, making it one of the worst performances following the all-time highs (ATH) set in late 2021. However, even with this meltdown, some projects are performing well.

241 +

Crypto lender Matrixport seeks $100M funding despite lending crisis

Bitmain-backed crypto lender Matrixport is the other half of a new funding round targeting a $100 million raise.

99 +

Blockchain VC funding cut in half as crypto winter takes hold

Blockchain venture capital funding was cut in half in October, according to recent research. Blockchain companies are seeing significant less capital inflow compared to previous months, according to a report released on Wednesday by Cointelegraph. The number of deals also…

209 +

Bitcoin Bull Tim Draper Sticks To $250,000 Price Prediction For BTC In 2023

84 +

Crypto Fund Galois Capital Has Half of Its Capital Trapped on FTX

According to co-founder Kevin Zhou, the locked funds total around $40 million.

173 +

Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023

The crypto exchange’s transaction revenue fell 44% from the second quarter.

278 +

Reports Show Bear Market Didn’t Affect Crypto Fundamentals

Notably, the first half of the year brought the most drastic phase of crypto winter ever witnessed in the history of cryptocurrency. Coupled with the collapse of Terra and some crypto-related companies, the market was thrown into a state of crisis.

91 +

Can You Believe It? Bitcoin Looks Stable – Green, Even – as Big Tech Stocks Fall Apart

While a repeat of the super-rally seen in the second half of 2021 might not be likely, that era did come to mind last week as bitcoin showed strength. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor.

177 +

Half a billion dollars of Ethereum shorts liquidated as market rips upward

For crypto short sellers, it has been a good year. This week, however, the tables flipped. Ethereum spiked violently upwards from $1350 to above $1550, and short sellers were caught off guard. Over $300 million in short bets were liquidated on Wednesday, with another $255 million in wipeouts Thursday putting the total above half a […] The post Half a billion dollars of Ethereum shorts liquidated as market rips upward appeared first on Invezz.

108 +

Best Crypto To Buy Before 2023: XRP, ADA, and Hideaways (HDWY)

Top cryptocurrencies such as Ripple (XRP) and Cardano (ADA) are on a losing streak this year. But analysts are convinced this will be over soon. Ripple (XRP) and Cardano (ADA) had just secured new partnerships while The Hideaways (HDWY) has already sold half of its presale tokens.

215 +

A16z's Largest Crypto Fund Loses 40% in First Half of 2022: Report

Andreessen Horowitz's flagship crypto fund has cratered by more than 40% in the first half of this year, according to Wall Street Journal, which cites people familiar with the matter.

195 +

Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey

Nearly half of Gen Z and Millennials are also already invested in digital assets outside of their retirement funds and cited “inflation” as the biggest obstacle to early retirement.

73 +

XRP Loses Half of What It Gained: Crypto Market Review, October 19

Despite positive performance throughout month, XRP already lost half of what it has gained

195 +

UK Law Commission to review international laws on crypto to consider legal reforms

The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023.

151 +

Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year

Bitcoin mining firm BitNile (NILE) plans to set up a bitcoin-based marketplace in the first half of next year to reduce the complexity of transacting in bitcoin.

67 +

One Year Later, CNN Shuts Down NFT Marketplace, Accused Of ‘Rugging’ Users

After just over a year of operations, CNN is shuttering it’s NFT platform, ‘The Vault. ’ Despite the crypto and NFT markets enduring substantial downturn throughout a good portion of this year, CNN was operating a modest, relatively under-the-radar NFT project that was the media outlet’s first web3 foray.

281 +

Will Bitcoin Ever Regain Its Lost Dominance?

BTC, ETH, Cronos crypto, and other digital currencies have lost up to half of their value. Will Bitcoin recover and dominate once more?

190 +

Morgan Stanley Says Crypto ETPs Continue to Grow Despite Bear Market

There are more than 180 crypto ETF/ETP and trust products, and half of these have launched since the bitcoin bear market started, the bank said.

103 +

663 Million XRP Wired in Massive Lumps as Price Soars 12%

More than half billion XRP transferred by traders as XRP price spikes and Crypto Twitter discusses potential victory of Ripple in court

104 +

BTC Dips To $18,400 As Market Liquidations Near Half A Billion Dollars

Massive futures market liquidations have followed the crypto market crash that saw the price of bitcoin (BTC) drop to a three-months-low price of $18,400. Futures liquidations across the crypto market reached over $434 million in the last 24 hours.

159 +

Nearly Half Of Bitcoin Holders Still Enjoy Gains Despite Bearish Misery

Bitcoin (BTC) dwindled below the $20,000 mark Wednesday but despite the losses; quite a significant number of shareholders have significant gains to boot. Around 47% of BTC holders earned profits, while 52% incurred losses Bitcoin traded below the $20,000 Wednesday As they say, there is no way you can lose with the king of crypto.  […]

201 +

Whales Shift 550 Million XRP as They Might Be Selling

Half a billion XRP have been wired by crypto whales as XRP reclaims seventh spot from Cardano's ADA

71 +

Crypto industry is ‘maturing’ but expects slowed growth in second half – KPMG

The crypto market is maturing, but investments in the space are expected to keep declining in 2022, according to leading financial company KPMG report. The post Crypto industry is ‘maturing’ but expects slowed growth in second half – KPMG appeared first on CryptoSlate.

202 +

Ad Spend by Indian Crypto Exchanges Decline by 89%: Report

Ad spending by major Indian crypto exchanges has fallen by nearly 89% in the first half of 2022 compared to the same period of the previous year, said a report by India Today. According to cryptocurrency data research firm Credit Rating for Exchanges Blockchains and Coin Offerings (CREBACO), major Indian crypto exchanges spent more on advertising […]

218 +

Bitcoin Reclaims The $20,000 Throne While Ethereum Rises On The Chart

The volatility of cryptocurrency and Bitcoin has continued to be a strong force determining its profitability and investment attraction. The severe crypto winter in the first half of 2022 several crippled tokens and crypto-related products and services.

276 +

Criminal Crypto Use Is Growing, but That’s Just Half the Story

Data suggests that while authorities are getting better at sniffing out dark web markets, dark web markets are getting better at not being sniffed.

139 +

Whopping 500 Million XRP Withdrawn from Kraken in Single Transfer on the Dip

Half a billion XRP has been shoveled from this crypto exchange as XRP recovers nearly 3 percent

155 +

GameFi investors are now prioritizing fun factor over money: Survey

While roughly half of the investors joined the GameFi space initially for profits, 89% of GameFi investors succumbed to Crypto Winter 2022.

196 +

Nearly half of US adults say their crypto punts are worse than expected: Survey

It’s too bad, as a majority of the crypto investors surveyed said they became interested in crypto as they thought it was a good way to make money.

173 +

Over Half Of Indian Bitcoin, Crypto Investors Say It Is The Future Of Finance: Survey

KuCoin’s Into The Cryptoverse survey showcases Indian adoption of bitcoin and crypto with 56% of respondents saying the asset class is the future of finance.

97 +

South Korean Brokerages Looking to Open Crypto Exchanges Despite Terra (LUNA) Collapse

Seven of the largest brokerages in South Korea have started proceedings that will enable them to open digital currency exchanges in the first half of next year. The post South Korean Brokerages Looking to Open Crypto Exchanges Despite Terra (LUNA) Collapse appeared first on BeInCrypto.

145 +

IRS takes out John Doe summons on crypto prime dealer SFOX to find tax cheat customers

The U.S. tax service has used the same tactic to gain information from Circle, Coinbase and Kraken in recent years, as analysis finds that half of taxes on crypto go unpaid.

284 +

Interview – Democratizing venture capital: Hatu Shiek, CMO of DAO Maker

Even with the turbulence in markets over the first half of 2022, the crypto industry remains one packed with innovation.   While valuations may have pulled back somewhat, venture capital is at the heart of many exciting projects aiming to disrupt the legacy financial sector – and sectors, beyond.

182 +

1INCH might face short-term bearish retracement- Here's why

The crypto market’s bearish performance in the first half of 2022 saw 1INCH extend its retracement from its all-time high (ATH) by as much as 93%. Despite this outcome, the network maintained strThe post 1INCH might face short-term bearish retracement- Here's why appeared first on AMBCrypto.

226 +

Alameda-owned RenVM confirms it’s ‘impossible to launder any assets’ through Ren Bridge, debunking claims of $540M in money laundered

Elliptic Connect, a blockchain data analytics firm, released a report Wednesday — widely covered in both the crypto and  news media — entitled “Cross-chain Crime: More Than Half a Billion Dollars has Been Laundered Through a Cross-chain Bridge.

209 +

Why Bitcoin At $100K Is Just A “Matter Of Time”, Says Bloomberg Intelligence

Bitcoin follows what Senior Commodity Strategist for Bloomberg Intelligence, Mike McGlone, calls an “enduring trajectory”. The benchmark crypto is one of the best-performing assets in history, as the expert said in a recent report, and might be on track to record fresh gains in the second half of 2022.

265 +

Bitcoin investors can find trading clarity in these findings

The crypto market is already showing signs of uncertainty halfway through the first half of the week. Bitcoin has already retraced slightly in line with its current price channel, but this pullbackThe post Bitcoin investors can find trading clarity in these findings appeared first on AMBCrypto.

215 +