Florence
Bitcoin Could Fall to $5,000 in 2023: Says StanChart Analysts
According to StanChart analysts, Bitcoin could go as low as $5,000 in 2023. The probable decline in BTC could lead to a rise in the price of physical gold. Drop...
Strong Bear Market Pushes Swyftx and Bybit to Make Mass Layoffs
Bybit announces a 30% workforce reduction due to the ongoing bear market. Swyftx announced 40% lay-offs due to deteriorating digital asset markets. Many crypto exchanges conduct mass layoffs fearing the...
Optimism From the SEC vs. Ripple Case Helps XRP Climb up $0.40
XRP returned to $0.42 for the first time since November 8. The latest COVID measures in China negatively impacted the XRP price chart. Investors’ confidence in SEC v. Ripple case...
To Prevent Attacks, Aave Decommisions Low Liquidity Pools
Aave froze 17 v2 pools because of their low liquidity and volatile nature. An attack cost the Aave protocol $1.6 million in bad debt last week. AAVE’s price has decreased...
FTX Gave $1M to a Republican SPAC Two Weeks Before Bankruptcy
FTX US gave $1M to a Republican’s fund two weeks before declaring bankruptcy. Sam Bankman donated $40 billion to the Democrats in the midterm elections. Alameda Research lent Sam Bankman...
WEMIX Token Will Be Removed From Crypto Exchanges in South Korea
Crypto exchanges in South Korea have announced the delisting of WEMIX. Wemade made accusations of disseminating incorrect information by WEMIX. President Yoon Suk-Yeol may lift the bans for play-to-earn blockchain...
‘Inflation Expected to Remain Elevated’: Singapore Monetary Authority
Singapore will feel consistent pressure from global financial concerns. MAS urged citizens to save money to weather these difficult times. Singapore’s core consumer price index is still at its 14-year...
Sam Bankman Fried’s ‘Plans To Save the World’ Went Down in Flames
Sam Bankman pledged to prevent nuclear war and stop future pandemics. New CEO John J. Ray has stated: “unprecedented corporate controls” at FTX. Future Fund awarded grants of over $160...
BTC Mimics 2015 Down Low, Is it Gearing Up for “Massive Bull Run”?
The crypto market has rebounded recently with a 5% increase in BTC price. A “huge bull run” for the digital flagship may be on the horizon. Long-term investors now have...
Global Regulators Will Focus On Crypto Platforms Post FTX Crash
The FTX collapse has injected urgency to regulate the global crypto industry. The crypto exchange’s collapse left over a million creditors with losses in billions of dollars. IOSCO association laid...
