Bitcoin price levels to watch as traders bet on sub-$14K BTC

Bitcoin (BTC) held steady at the Nov. 21 Wall Street open following a weekly close at levels not seen since late 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph... Read more »

FTX-owned Liquid exchange pauses all trading after withdrawal halt

Liquid has suspended all trading operations on its platform in line with instructions from FTX Trading, the firm announced on Twitter on Nov. 20. The statement indicates that Liquid exchange paused “all... Read more »

99% ETH OFAC compliance to slow block time to 3hrs but not censor

As the Office of Foreign Assets (OFAC) compliance levels continue to increase on the Ethereum blockchain, a researcher for Scroll ZKp attested to the fact that a censored transaction will still confirm... Read more »

Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’

On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday... Read more »

South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder

South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling... Read more »

Transfer spoofing evident in FTX Exploiter wallet meme tokens transfers

On Nov. 20, on-chain detective ZachXBT set out a Twitter thread to debunk the three most commonly misunderstood issues surrounding the FTX case. The three areas ZachXBT set out to cover were:... Read more »

Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’

Bitcoin (BTC) price has tested the $16,000 resistance multiple times since the 25% crash that occurred between Nov. 7 and Nov. 9, and some critics will justify their bearish bias by incorrectly... Read more »

Former US Regulator Likens FTX and Sam Bankman-Fried to Bernie Madoff and His Ponzi Scheme

Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt... Read more »

What’s going on with Silvergate, the bank that props up the U.S. crypto market?

Earlier this week, cryptocurrency bank Silvergate announced that its exposure to FTX was limited to its deposits. The U.S. bank, which services the majority of the crypto industry in the country, said... Read more »

Bitcoin scarcity rises as bad exchanges take 1.2M BTC out of circulation

One of the biggest factors differentiating Bitcoin (BTC) from fiat currency and most cryptocurrencies is the hard limit of 21 million on its total circulating supply. However, the demise of numerous crypto... Read more »