Criptos News

Latest news about blockchain and cryptocurrencies

Bitcoin Price and Ethereum Hold Crucial Support, Huobi Token Gains 10%

Bitcoin hit a two-year low on Tuesday morning in Asian trading as investors drove down prices for most cryptocurrencies over fears that the failure of the FTX.com cryptocurrency exchange on November 11 could lead to the insolvency of other businesses with ties to the exchange.  Ethereum, the second-most valuable cryptocurrency, trades bearishly, falling to $1,100 after Bitcoin…. Read More: Bitcoin Price and Ethereum Hold Crucial Support, Huobi Token Gains 10%

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FTX-Owned Crypto Exchange Liquid Suspends Trading for Bankruptcy Proceedings – Here’s What Happened

Liquid Global, a Japan-based crypto exchange owned by now-bankrupt exchange FTX, has halted all trading after being “instructed” to do so by the law firm handling the bankruptcy. “We have been instructed by [law firm Sullivan & Cromwell], who act for FTX Trading, to pause all forms of trading on our exchange because of the operation of the Chapter 11 process in the Delaware Courts,” a tweet from Liquid Global’s official Twitter account on Sunday said…. Read More: FTX-Owned Crypto Exchange Liquid Suspends Trading for Bankruptcy Proceedings – Here’s What Happened

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Cardano Price Forecast as ADA sees Huge $300 Million Trading Volume in 24 Hours

The Cardano price is kicking off the week on a negative note amid widespread declines in the crypto market. The largest cryptocurrency, Bitcoin (BTC), is down 3.6% on the day and is trading at $16,041, while Ethereum (ETH) exchanges hands at $1,116…. Read More: Cardano Price Forecast as ADA sees Huge $300 Million Trading Volume in 24 Hours

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Blockchain Analysts: FTX Hacker Funds Are on The Move, Here’s Where They’re Headed

Funds said to be stolen from the now-bankrupt crypto exchange FTX are on the move, and likely headed for exchanges as hackers attempt to cash out the proceeds. According to an update from the blockchain intelligence company Chainalysis, the funds have already been converted from ethereum (ETH) to bitcoin (BTC) through the RenBridge (REN), a protocol that allows for decentralized cross-chain transfers between a number of different blockchains…. Read More: Blockchain Analysts: FTX Hacker Funds Are on The Move, Here’s Where They’re Headed

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These Countries Were Hit The Hardest By the FTX Collapse – Find Out Why

South Korea, Singapore, and Japan are the three countries most impacted by crypto exchange FTX’s infamous implosion, with a combined 15.7% traffic share to FTX.com, said a report by Coingecko.  The methodology of the study, as explained by Julia Ng, who leads Growth Marketing & PR at CoinGecko, included the examination of the monthly unique visitors and traffic share by country on FTX desktop and mobile web, and was based on SimilarWeb data from January to October 2022…. Read More: These Countries Were Hit The Hardest By the FTX Collapse – Find Out Why

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