Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later. Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later. Cointelegraph.com NewsRead More
Read MoreDay: December 10, 2022
5 tips for investing during a global recession
The market may be experiencing some tough days, but that doesn’t have to stop you from finding ways to prosper. The market may be experiencing some tough days, but that doesn’t have to stop you from finding ways to prosper. Cointelegraph.com NewsRead More
Read MoreThis Week XRP Whales Moved Millions of Tokens to Exchanges and Unknown Wallets
During the past 30 days, the crypto asset xrp has gained more than 17% in value against the U.S. dollar. Meanwhile, the crypto community has been noticing significant xrp whale movements during the past week as one whale moved 143,000,000 xrp worth more than $55 million on Dec. 9, and another whale moved 40,000,000 xrp worth more than $15 million from the exchange Bitso to an unknown wallet. Xrp-Whales Move Massive Tokens Over the Last 7 Days On Saturday, Dec. 10, 2022, the crypto asset xrp (XRP) has been trading…
Read MoreBinance suspends trader’s account after complaints on Twitter
Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients. Binance CEO Changpeng Zhao said the firm doesn’t want to service “unreasonable” clients. Cointelegraph.com NewsRead More
Read MoreTalks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme
Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar during the past seven days. FTT Coin Pumps After Crypto Community Members and Sam Bankman-Fried Discuss a New FTT Token Idea For some odd reason, the digital asset ftx token (FTT) is still holding value…
Read MoreStats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics recorded on etherscan.io indicate high transfer fees are even lower than the median and average-sized gas payments. Post-Merge Ethereum Fees Continue to Remain Much Lower Than Last Year On Nov. 9, 2021, the average transaction…
Read MoreYuga Labs, Moonpay faces lawsuit over celebrities NFT promotion
Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna. Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna. Cointelegraph.com NewsRead More
Read MoreBiggest Movers: UNI Higher, DOGE in Red on Saturday
Uniswap was in the green to start the weekend, despite cryptocurrency markets mostly consolidating. The token rebounded from losses suffered on Friday, moving closer to a key resistance level in the process. Dogecoin, on the other hand, fell lower on Saturday as traders attempted to find a stable point of support. Uniswap (UNI) Uniswap (UNI) was one of Saturday’s notable movers, as prices rebounded from declines suffered the day prior. After sinking to a bottom of $6.10 on Friday, UNI/USD marginally rebounded, climbing to a high of $6.27 in the…
Read MoreGensler’s approach toward crypto appears skewed as criticisms mount
While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise. While the SEC chairman has promised to make crypto safer for everyone, the recent slew of company collapses seems to suggest otherwise. Cointelegraph.com NewsRead More
Read MoreWhat is spot trading in crypto and how does it work?
In a spot market, traders can immediately exchange their cryptocurrency for fiat currency or another cryptocurrency by placing a buy or sell order. In a spot market, traders can immediately exchange their cryptocurrency for fiat currency or another cryptocurrency by placing a buy or sell order. Cointelegraph.com NewsRead More
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