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California Financial Regulator Announces FTX Investigation.
California's Department of Financial Protection and Innovation announced it was investigating FTX in a press release late Thursday. origin »
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White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX.
According to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market. origin »
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SEC Gains Supporter in Fight Against Ripple.
The firm believes that the court should grant the SEC’s motion for summary judgement, dismissing the defendants’ fair notice defense origin »
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Bitcoin, Ethereum, XRP: Downfall Continues, What’s the Price Bottom?.
Bitcoin, Ethereum, and XRP all shared the same bearish narrative with prices plunging by double digits on the weekly window. The post Bitcoin, Ethereum, XRP: Downfall Continues, What’s the Price Bottom? appeared first on BeInCrypto. origin »
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BlockFi Halts Withdrawals Due to FTX Collapse.
Crypto lending service BlockFi has announced that it will suspend services due to FTX’s ongoing collapse. BlockFi Pauses Withdrawals BlockFi is pausing its services. The evening of November 10, the... origin »
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82% of Tether reserves held in ‘extremely liquid’ assets, according to attestation.
The USDT issuer had total assets of $68.06 billion at the end of the third quarter, exceeding its total liabilities of $67.8 billion. origin »
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The Next Stage of Crypto Winter is Upon Us – So Where Do We Go Now?.
The crypto winter is entering its next round. Following the bankruptcies of Celsius, Terra and 3AC now FTX joins the list as another crypto giant going under. The post The Next Stage of Crypto Winter is Upon Us – So Where Do We Go Now? appeared first on BeInCrypto. origin »
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Bankman-Fried’s Cabal of Roommates in the Bahamas Ran His Crypto Empire – and Dated. Other Employees Have Lots of Questions.
“The whole operation was run by a gang of kids in the Bahamas,” a person familiar with the matter told CoinDesk on the condition of anonymity. origin »
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Gensler: Leverage and lack of disclosure hurting crypto.
Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC) says lack of disclosure and too much leverage are two factors hurting the crypto industry. The SEC Chair’s comments on Thursday come at a time when the crypto sector is firmly in the spotlight again. origin »
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Financial group CEO claims he tried to warn Bankman-Fried about insolvency in July.
Richard Handler alleged that he offered restructuring services to FTX that might have saved it, but exchange reps refused to meet with him. origin »
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LayerZero Labs bought back its stake from FTX Ventures and Alameda.
The protocol announced an agreement to buy out 100% of FTX Ventures’s and Alameda Research’s equity position.
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FTX Assets Frozen by Bahamian Regulator.
The Bahamas Securities Commission said it was a “prudent course of action” to “preserve assets and stabilize the company.” origin »
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Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday.
BTC bears are set to profit from this week's $710 million options expiry, which could be used to add further sell pressure to Bitcoin price. origin »
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Bitcoin Eyes $18K Following Good US Inflation Report.
The crypto market and Bitcoin trend over the past few days have been entirely unexpected. The market is feeling the heat from the bears as most of the crypto assets took to the south. Moreover, the FTX crisis has increasingly brought a different contagious negative performance in the space. origin »
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Bitcoin Hardware Wallet Trezor Enables P2P Trading With Hodl Hodl.
Trezor users can now buy and sell non-KYC bitcoin directly from their hardware wallets thanks to an integration with P2P platform Hodl Hodl. origin »
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Ethereum Price Consolidates Losses, Why 100 SMA Could Trigger Rally.
Ethereum started a recovery wave above the $1,200 level against the US Dollar. ETH must clear $1,320 and the 100 hourly SMA to start a sustained upward move. Ethereum started a recovery wave above the $1,200 and $1,220 levels. origin »
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‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies.
The Binance CEO added that the amount of misinformation going around now is “insane.”
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SEC chair accused of helping FTX skirt laws.
Republican lawmaker Tom Emmer voiced concerns about Gary Gensler helping SBF and FTX exploit legal vulnerabilities. origin »
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Ethereum Classic's recent updates look promising, but will they be enough.
Antpool converted $5 million worth of USDT to ETC Metrics gave hopes to investors, but the market indicators suggested otherwise Ethereum Classic [ETC], which came into the spotlight a fewThe post Ethereum Classic's recent updates look promising, but will they be enough appeared first on AMBCrypto. origin »
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CryptoSlate Wrapped Daily: FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges.
The biggest news in the cryptoverse for November 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection following FTX collapse, and Sequoia Capital writing off its over $200M investment in FTX as worthless. origin »
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Why DeFi is Set to Take Over From Traditional Finance.
Given the wider macroeconomic issues, it’s a little surprising that decentralized finance (DeFi) is not yet as widely accepted as it should be. The issue is an educational one, as the benefits of DeFi are obvious for all to see. origin »
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Kraken’s Jesse Powell Blast FTX And Sam Bankman-Fried Without Naming Them.
Leave it to Jesse Powell to say what everyone in crypto is thinking. “I’m really trying to control my rage,” the mind behind Kraken tweeted to begin his rant. In the following article, we’ll comment on several of his very interesting points. origin »
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Cardano Is in Enormous 9% Recovery, Here's Why: Crypto Market Review, November 11.
Market is going through recovery phase following catastrophe caused by notorious exchange origin »
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Coin price predictions: Aptos, Solana, FTX Token (FTT).
Cryptocurrency prices had a difficult week as FTX imploded. The FTX Token price plunged to an all-time low while Solana dropped by over 50%. Aptos, the newly launched cryptocurrency also declined and then crawled back. origin »
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NFTs for Nonprofits: StreamCoin Launches a New Environmental Initiative in Partnership with One Tree Planted.
In line with its devotion to giving back to the community and nature, the Web3 company StreamCoin has launched its first nonprofit NFT collection in partnership with One Tree Planted. This collection is part of the company’s initiative to raise public awareness about the importance of NFTs as a tool to make a change in […] The post NFTs for Nonprofits: StreamCoin Launches a New Environmental Initiative in Partnership with One Tree Planted appeared first on NFT News Today. origin »
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Orange Pill: A New App To Meet Bitcoiners.
A new app geared towards connecting local bitcoiners in real life called Orange Pill just launched at Pacific Bitcoin. origin »
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Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’.
Minnesota Representative Tom Emmer did not provide any evidence to his claim that Gary Gensler was “helping SBF and FTX work on legal loopholes” but said he was looking into the matter. origin »
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SEC has one more support to count on in the Ripple vs. SEC case.
To support the U.S. Securities and Exchange's lawsuit against Ripple, the New Sports Economy Institute ("NSEI") has asked the court to accept an amicus brief. In its proposed brief, NSEI makes the The post SEC has one more support to count on in the Ripple vs. SEC case appeared first on AMBCrypto. origin »
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3 Things That Can Destroy Crypto Exchange Named by SEC Chair, FTX as Example.
SEC chairman has likened FTX to Luna, stating that crypto investors need more protection origin »
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FTX turmoil increases scrutiny of industry, something institutional investors have been waiting for.
Hedge funds and asset managers are deploying digital asset teams, but a lack of regulatory clarity is holding them back.
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FTX US announces it may halt trading on its platform in a few days.
According to the FTX US website, “Withdrawals are and will remain open.”
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Bitcoin Rises After Inflation Numbers Reveal Slowdown.
The U.S.Consumer Price Index (CPI) increased by 0.4% from Sep. 2022 to Oct. 2022, as price increases slowed in response to Fed rate hikes. The post Bitcoin Rises After Inflation Numbers Reveal Slowdown appeared first on BeInCrypto. origin »
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Here's how DOT got SOL-d out... but perhaps in a good way.
Polkadot moved ahead of Solana in terms of Market Cap Polkadot also outperformed Solana in terms of development activity and staking revenue However Polkadot’s volatility is still on an upThe post Here's how DOT got SOL-d out. origin »
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Grayscale Bitcoin Trust sees record discount as BTC plummets on the charts.
Grayscale Bitcoin Trust (GBTC), the world’s largest institutional Bitcoin fund, was recently at the end of its worst performance since inception in 2013. On 9 November, GBTC closed at $8.76 - AThe post Grayscale Bitcoin Trust sees record discount as BTC plummets on the charts appeared first on AMBCrypto. origin »
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SERC Regulated MoonXBT Willing to Aid FTX with Emergency Liquidity.
FTX is now trying to raise capital to save the troubled exchange after it experienced a liquidity crunch and had seen more than $5 billion in withdrawals for the past few days. According to Sam Bankman-Fried, every penny of the raised capital will go directly to the users. origin »
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Band Protocol price forecast as it bounces back.
Band Protocol price has emerged as a shining light in a difficult time for cryptocurrencies. The BAND coin jumped to a high of $2. 84, which was about 115% above the lowest level this week. It has risen by over 30% in the past 24 hours, according to data compiled by Binance. origin »
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Why Aptos investors will benefit after clarity on its treasury exposure to FTX.
Aptos denies treasury exposure to FTX A price rally follows, offering windfall to Aptos investors despite current bearish sentiment. The FTX/Alameda saga is keeping the entire crypto markeThe post Why Aptos investors will benefit after clarity on its treasury exposure to FTX appeared first on AMBCrypto. origin »
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Ripple Price Prediction: Can XRP Price Bounce Back?.
The XRP (XRP) price is trading above a long-term horizontal support area and ascending support line. Whether it breaks down or bounces will likely determine the direction of the future trend. The post Ripple Price Prediction: Can XRP Price Bounce Back? appeared first on BeInCrypto. origin »
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OpenSea welcomes new update; will royalty be enforced on existing collections now.
OpenSea has now decided to enforce royalty on existing collections An NFT launch was canceled on the platform as a result of the platform’s position on royalties. In a tweet on 9 November,The post OpenSea welcomes new update; will royalty be enforced on existing collections now appeared first on AMBCrypto. origin »
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Naib Bukele denied rumors about storing bitcoins on the FTX exchange.
Bukele stores part of the country’s bitcoins on the FTX cryptocurrency exchange, Binance CEO Changpeng Zhao (CZ) decided to clarify the situation. CZ wrote that he corresponded with the President of El Salvador literally on November 10 and he confirmed that he does not store anything there and, fortunately, has never had any dealings with […] Сообщение Naib Bukele denied rumors about storing bitcoins on the FTX exchange появились сначала на Coinstelegram. origin »
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Tron (TRX) Price at Risk of Plunge Despite Justin Sun FTX Takeover Rumor.
The Tron (TRX) price risks breaking down from a long-term horizontal support area. If it occurs, this could trigger a 40% drop. The post Tron (TRX) Price at Risk of Plunge Despite Justin Sun FTX Takeover Rumor appeared first on BeInCrypto. origin »
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Ethereum (ETH) Price Analysis for November 10.
Has fall ended for Ethereum (ETH)? origin »
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Poloniex launches the lowest Futures trading fees in the industry.
Poloniex, a global crypto exchange, has optimized the fee structure for USDT-collateralized perpetual contracts to provide customers with the lowest fees in the entire industry. Starting today, tThe post Poloniex launches the lowest Futures trading fees in the industry appeared first on AMBCrypto. origin »
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Ripple can hire “clean” Ex-FTX employees.
Ripple's CTO in a tweet today opened arms to employing Ex-FTX employees who were clean of the saga. The CTO further stated that Ripple could have bought FTX had it been in possession of the funds. origin »
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U.S. county concerned, FTX may lose naming rights.
If FTX is unable to uphold a contract with Miami-Dade County to pay $135 million over 19 years, the name of the Miami Heat's arena name may change again earlier than anticipated. origin »
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Over 100k crypto traders liquidated amid price plunge .
Over 100k traders have lost their investment this week as the crypto market experience a drastic fall in price. origin »
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Whale liquidates BAYC and CryptoPunk NFTs.
The markets are crumbling, and no one is left out. World record NFT buyer Deepak is selling his NFT collection at a discount due to the eight-digit funds on FTX and liquidity problems. origin »
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U.S. Senators demanding better consumer protection after FTX collapse.
The US senators have decided to continue with the SBF back bill despite the almost imminent collapse of FTX origin »
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Microstrategy maintains support for Bitcoin amidst “selling” speculations.
A recent crypto update on Twitter has drawn attention to the possibility of Microstrategy selling its BTC reserves. Despite current market conditions and the state of Microstrategy’s accounts, Saylor continues to proclaim his faith in Crypto. Saylor might be selling… origin »
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PEOPLE, DYDX, CHSB, ANT, BNX Hang on Despite Bearish Crypto Market.
BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 4 to Nov. 11. The post PEOPLE, DYDX, CHSB, ANT, BNX Hang on Despite Bearish Crypto Market appeared first on BeInCrypto. origin »
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