Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M
Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows.
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Decentralized finance is growing up, how DeFi is becoming 'NewFi'
Traditional institutional giants like BlackRock, which has $10.6 trillion under management, have entered the cryptocurrency space.
FTX owes over $3 billion to its 50 biggest creditors: Bankruptcy filing
Not much is known about who these creditors could be, as names and personal information were redacted from the published document. According to a court filing on Nov. 20, FTX Trading LTD owes its top 50 creditors over $3 billion USD. The document, which was submitted through the United States bankruptcy court for the district…
South Korean gov has confiscated 260B KWR in crypto for non-payment of taxes since 2021
The country began seizing crypto to offset tax arrears last year. 171 Total views 22 Total shares According to local news outlet mk.co.kr, the South Korean government has seized over 260 billion Korean won ($180 million) worth of cryptocurrencies in the past two years due to tax arrears. The country's politicians enacted regulations allowing for…
The bottom is in: CNBC’s Jim Cramer says crypto has “no real value”
Mad Money host Jim Cramer has changed his sentiment on crypto again, predicting the total market cap will tank below $1 trillion as “there’s no real value there.” 461 Total views 24 Total shares Given his track record, some in the crypto community believe the market bottom may now be in after CNBC host Jim…
Japan: Major Messenger LINE Partners with Financial Giant to Create Blockchain Alliance
Major Japanese messaging app LINE has signed a memorandum of understanding with local financial giant Nomura Holdings to form a blockchain alliance, a press release reveals on Wednesday, Jan. 30.Nomura, which provides investment, financing and related services to individual, institutional and government customers, LINE and LVC Corporation, which oversees messenger's digital asset and blockchain business…
BTC price sees 6% correction in contrast to booming Bitcoin on-chain data
Bitcoin (BTC) dipped below $39,000 on Aug. 2 in what traders had long predicted would be a necessary reaction to recent gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin needs to hold mid-$30,000 zoneData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting local lows of $38,915 on Bitstamp Monday.After a successful weekend turned less optimistic, the…
Alleged former Worldcoin employee says they’re in contact with authorities
The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch. 248 Total views 2 Total shares An individual calling themselves Nadir Hajarabi, who claims to have previously worked for Worldcoin, has alleged the human identity verification project may have committed…
Celsius Network is bankrupt, so why is CEL price up 4,000% in two months?
Crypto lending platform Celsius Network has an approximately $1.2 billion gap in its balance sheet, with most liabilities owed to its users. In addition, the firm has filed for bankruptcy protection, so its future looks bleak.Still, Celsius Network's native utility token CEL has soared in valuation by over 4,100% in the last two months, reaching…