Gemini reveals $601M GUSD backing, 45+ licenses amid global exchange turmoil

The Winklevoss Twins-backed exchange Gemini has announced a “Trust Center” to display a breakdown of funds held on the platform. The page, hosted on the Gemini website, reveals that it holds over... Read more »

Andre Cronje reveals how DeFi saved Fantom; FTM surges 17%

Fantom (FTM) has grown by over 17% following Andre Cronje’s revelation that its Foundation has $340 million worth of assets and annual earnings of over $10 million. Cronje said Fantom was cash... Read more »

Taking a deep dive on how the Bitcoin fundamentals look on-chain as the dust settles from the FTX fallout

Price drawdown from ATH compared to previous bear markets Bitcoin is currently down 75% from its all-time high (ATH), with a max drawdown of 76.9% from the fallout of FTX on Nov.... Read more »

FTX killed crypto, long live Bitcoin

The FTX collapse has revived the narrative that “Bitcoin maximalists were right all along.” Given the size of the troubled exchange and the number of entities caught up in its web, the... Read more »

Bitcoin Core 24, Bitcoin’s controversial upgrade is now live

Bitcoin Core 24, the long-awaited but controversial upgrade was activated on Nov. 26, opening the door for the Bitcoin memory pool that will serve as a waiting room for unconfirmed transactions.   The... Read more »

Energy is the master resource but it could be Bitcoin that reigns supreme

Nothing shines a light on the importance of energy as much as a fast-approaching winter. When the temperature drops, the scarcity of energy becomes obvious and global efforts to preserve it begin.... Read more »

How the crypto industry is responding to the FTX collapse

Millions of cryptocurrency traders who previously used FTX are left wondering if they’ll ever receive their funds after the exchange collapsed and subsequently filed for Chapter 11 bankruptcy. It could take years... Read more »

Bahamas Securities Commission calls FTX CEO John Ray’s allegations inaccurate; says its actions were ‘misinterpreted’

The Securities Commission of The Bahamas (SCB) rejected FTX’s CEO John Ray III’s allegations that it directed unauthorized access to the embattled exchange’s system after it filed for bankruptcy, according to a... Read more »

Bitcoin worth $1.5B leaves Coinbase; Mid-cap tokens outperform Bitcoin

The biggest news in the cryptoverse for Nov. 25 includes Binance publishing BTC proof of reserve, BNB hitting 6% market dominance as mid-cap tokens outperform Bitcoin, 100,000 Bitcoin worth over $1.5 billion... Read more »

On-chain data flashes multiple bear market bottom signals

Crypto markets have historically been cyclical based on Bitcoin halving events. Bitcoin halvings happen every time 210,000 blocks are mined — roughly every four years. The last halvings occurred in 2012, 2016,... Read more »