If you listen to the news, it might seem like the world is a few weeks away from ending, but it's just noise.
Having looked at Equity, Commodities, and Crypto markets for several years markets always tend to make new highs. It's just a matter of time.
Do not stop investing.
📍 Follow @Coins for the hottest news in crypto.
Having looked at Equity, Commodities, and Crypto markets for several years markets always tend to make new highs. It's just a matter of time.
Do not stop investing.
📍 Follow @Coins for the hottest news in crypto.
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NFT marketplaces are the crown jewels of the industry. They are highly scalable cash-flow businesses that are not dependent on the success of any individual NFT project.
They operate in a growth market that could expand to trillions of dollars one day. Despite the bear market, OpenSea (OS) still generated >$500M in revenue this year (and over $1.8B in total fees), so it’s no wonder that many challengers have arisen.
Heading into 2021, OpenSea was one of the only NFT marketplaces available, benefiting from relatively little competition. As NFTs gained popularity, other marketplaces started to emerge.
But OpenSea already had a big head start in terms of supply (NFTs listed) and demand. OpenSea was the default marketplace if you wanted to buy and sell NFTs.
📍 Follow @Coins for the hottest news in crypto.
They operate in a growth market that could expand to trillions of dollars one day. Despite the bear market, OpenSea (OS) still generated >$500M in revenue this year (and over $1.8B in total fees), so it’s no wonder that many challengers have arisen.
Heading into 2021, OpenSea was one of the only NFT marketplaces available, benefiting from relatively little competition. As NFTs gained popularity, other marketplaces started to emerge.
But OpenSea already had a big head start in terms of supply (NFTs listed) and demand. OpenSea was the default marketplace if you wanted to buy and sell NFTs.
📍 Follow @Coins for the hottest news in crypto.
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Hello.. Hello.. Kevin O’Leary got paid $15MM to be FTX spokesperson.
📍 Follow @Coins for the hottest news in crypto.
📍 Follow @Coins for the hottest news in crypto.
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GameStop to drop crypto efforts as Q3 losses near $95M.
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans.
📍 Follow @Coins for the hottest news in crypto.
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans.
📍 Follow @Coins for the hottest news in crypto.
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Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs.
The crypto trader will also lay off 40% of its workforce as it feels the squeeze of the bear market.
https://www.coindesk.com/business/2022/12/09/crypto-trading-firm-amber-group-ditches-25m-chelsea-sponsorship-deal-amid-layoffs-report
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The crypto trader will also lay off 40% of its workforce as it feels the squeeze of the bear market.
https://www.coindesk.com/business/2022/12/09/crypto-trading-firm-amber-group-ditches-25m-chelsea-sponsorship-deal-amid-layoffs-report
📍 Follow @Coins for the hottest news in crypto.
CoinDesk
Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report
The crypto trader will also lay off 40% of its workforce as it feels the squeeze of the bear market.
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SBF testifying on 13th.
Full thread: https://twitter.com/SBF_FTX/status/1601186246990401537
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Full thread: https://twitter.com/SBF_FTX/status/1601186246990401537
📍 Follow @Coins for the hottest news in crypto.
Twitter
1) I still do not have access to much of my data -- professional or personal. So there is a limit to what I will be able to say, and I won't be as helpful as I'd like.
But as the committee still thinks it would be useful, I am willing to testify on the…
But as the committee still thinks it would be useful, I am willing to testify on the…
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Months after the bankruptcy of Celsius, funds are finally starting to make their way back to customers’ hands.
Bankrupt crypto lender Celsius has been ordered by a judge to repay $50m worth of assets to the platform’s customers. It’s a step in the right direction, but Celsius had almost 60k customers and still owes several billion dollars to its creditors.
When the platform filed for bankruptcy in July, it had only $167m in cash on hand, so it’s pretty unlikely it will be able to repay all of its creditors. Added to that, ex-CEO Alex Mashinsky reportedly personally withdrew $10m from the platform before freezing user accounts.
That wasn’t the only controversy either. Just before the bankruptcy, Celsius transferred the majority of funds deposited on the platform to custody accounts, which could allow them to claim ownership of the funds. Needless to say – Celsius isn’t in many people’s good books right now.
📍 Follow @Coins for the hottest news in crypto.
Bankrupt crypto lender Celsius has been ordered by a judge to repay $50m worth of assets to the platform’s customers. It’s a step in the right direction, but Celsius had almost 60k customers and still owes several billion dollars to its creditors.
When the platform filed for bankruptcy in July, it had only $167m in cash on hand, so it’s pretty unlikely it will be able to repay all of its creditors. Added to that, ex-CEO Alex Mashinsky reportedly personally withdrew $10m from the platform before freezing user accounts.
That wasn’t the only controversy either. Just before the bankruptcy, Celsius transferred the majority of funds deposited on the platform to custody accounts, which could allow them to claim ownership of the funds. Needless to say – Celsius isn’t in many people’s good books right now.
📍 Follow @Coins for the hottest news in crypto.
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The Block: CEO Michael McCaffrey Resigned After Failing to Disclose a Series of Loans From SBF’s Alameda Research. He Was the Only Person With Knowledge of the Funding at the Company.
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📍 Follow @Coins for the hottest news in crypto.
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Bybit announced that from December 15th, fiat transactions and NFT purchases will require KYC.
The daily withdrawal limit without KYC is changed from 2 BTC to $20K.
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The daily withdrawal limit without KYC is changed from 2 BTC to $20K.
📍 Follow @Coins for the hottest news in crypto.
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A Californian law firm filed a class-action suit against almost 40 people and companies, including Yuga Labs and MoonPay, alleging they were part of “a vast scheme” of undisclosed celebrity endorsements.
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📍 Follow @Coins for the hottest news in crypto.
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Hooked Protocol:
As part of our collaboration with Binance, we will be transferring team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody.
These tokens will remain locked, with fixed release schedule: 1 year cliff + 60 month linear release.
https://twitter.com/HookedProtocol/status/1601133954693705728
Binance Custody, a new business stream for Binance?
📍 Follow @Coins for the hottest news in crypto.
As part of our collaboration with Binance, we will be transferring team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody.
These tokens will remain locked, with fixed release schedule: 1 year cliff + 60 month linear release.
https://twitter.com/HookedProtocol/status/1601133954693705728
Binance Custody, a new business stream for Binance?
📍 Follow @Coins for the hottest news in crypto.
Twitter
Public Service Announcement:
As part of our collaboration with Binance, we will be transferring team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody.
These tokens will remain locked, with fixed release schedule: 1 year cliff + 60…
As part of our collaboration with Binance, we will be transferring team’s allocation of HOOK token (100 million HOOK tokens) to Binance Custody.
These tokens will remain locked, with fixed release schedule: 1 year cliff + 60…
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In just 30 days, 3 prominent crypto people died mysteriously.
- Tiantian Kullander, the billionaire behind the Amber Group, died on November 23rd at the age of 30 (died in his sleep).
- a wealthy crypto developer Nikolai Mushegian 29-year-old well-known developer (drowned in Puerto Rico)
- Russian crypto entrepreneur Vyacheslav Taran died in a helicopter crash in France on November 29th 53-year-old entrepreneur.
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- Tiantian Kullander, the billionaire behind the Amber Group, died on November 23rd at the age of 30 (died in his sleep).
- a wealthy crypto developer Nikolai Mushegian 29-year-old well-known developer (drowned in Puerto Rico)
- Russian crypto entrepreneur Vyacheslav Taran died in a helicopter crash in France on November 29th 53-year-old entrepreneur.
📍 Follow @Coins for the hottest news in crypto.
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All markets are red in today.
Majorly because of the global economic cues. Until they get better, we won't be able to a sustainable green rally.
📍 Follow @Coins for the hottest news in crypto.
Majorly because of the global economic cues. Until they get better, we won't be able to a sustainable green rally.
📍 Follow @Coins for the hottest news in crypto.
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Justin Sun: In case anyone ask about #USDD, it is 200% collateralized ratio on http://usdd.io. You can check all live data on blockchain 24*7.
https://twitter.com/justinsuntron/status/1602224191037591552
📍 Follow @Coins for the hottest news in crypto.
https://twitter.com/justinsuntron/status/1602224191037591552
📍 Follow @Coins for the hottest news in crypto.
USDD
Decentralized USD (USDD) is a fully decentralized stablecoin pegged to the US dollar through crypto reserves.
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Crypto Payments App MoonPay Gains UK Regulator Registration.
The firm was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules.
Huge!!
📍 Follow @Coins for the hottest news in crypto.
The firm was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules.
Huge!!
📍 Follow @Coins for the hottest news in crypto.
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8 interesting findings from Capgemini’s latest Metaverse report:
Many consumers have positive feelings for metaverse and immersive experiences.
Metaverse and immersive technologies have the potential to solve some challenges in e-commerce.
Immersive experiences can benefit organizations’ internal operations.
https://www.cryptopolitan.com/8-findings-capgeminis-metaverse-report
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Many consumers have positive feelings for metaverse and immersive experiences.
Metaverse and immersive technologies have the potential to solve some challenges in e-commerce.
Immersive experiences can benefit organizations’ internal operations.
https://www.cryptopolitan.com/8-findings-capgeminis-metaverse-report
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Cryptopolitan
8 interesting findings from Capgemini's latest Metaverse report | Cryptopolitan
Metaverse, which offers an immersive experience through an integrated network of 3D virtual worlds, has become a big buzzword in recent years as several
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Address 0x7d42 received the unlocked 46,050 $ILV ($2.22M) 2 hours ago.
And he sold 9,172 $ILV for 441,669 $USDC, with an average selling price of $48.16.
His selling dropped the price from $48.75 to $47.84, a decrease of ~2%.
He still has 36,878 $ILV($1.78M) left.
Source: LookOnChain
📍 Follow @Coins for the hottest news in crypto.
And he sold 9,172 $ILV for 441,669 $USDC, with an average selling price of $48.16.
His selling dropped the price from $48.75 to $47.84, a decrease of ~2%.
He still has 36,878 $ILV($1.78M) left.
Source: LookOnChain
📍 Follow @Coins for the hottest news in crypto.
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FTX founder Sam Bankman-Fried has been arrested in the Bahamas.
Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX, and is likely to request his extradition.
https://www.nytimes.com/2022/12/12/business/ftx-sam-bankman-fried-bahamas.html
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Sam Bankman-Fried has been arrested by The Royal Bahamas Police Force following reports that the United States filed criminal charges against the founder and former CEO of cryptocurrency exchange FTX, and is likely to request his extradition.
https://www.nytimes.com/2022/12/12/business/ftx-sam-bankman-fried-bahamas.html
📍 Follow @Coins for the hottest news in crypto.
NY Times
FTX’s Sam Bankman-Fried Is Arrested in the Bahamas
A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.
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