​​Ethereum’s Merge will affect more than just its blockchain, & Other News

The best of crypto news, prepared fresh and hot every day:

Analyst on $17.6K BTC price bottom: Bitcoin 'not there yet'
It may be a case of "so near yet so far" when it comes to June's multi-year low being the next BTC price floor, warns Willy Woo.

Ethereum’s Merge will affect more than just its blockchain
Ethereum's Merge will have a vast impact on cryptocurrency, particularly on some — like decentralized application (DApp) developers — who rely on Ethereum to conduct their business.

BNB Chain to collab with Google Cloud to bolster Web3, blockchain startups
BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration.

SPONSORED. Web3 search engine attracts big backers in drive to hand power back to users
Transparency, decentralization and modularity are the three guiding principles for a new protocol that wants to become the ultimate feed for all things Web3.

SPONSORED. Downsides of Proof-of-Work and Proof-of-Stake, explained
Proof-of-Work and Proof-of-Stake are two of the better-known consensus mechanisms out there, but new technologies are continually emerging.

​​Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more, & Other News

The best of crypto news, prepared fresh and hot every day:

XRP price breaks out of range with a 25% rally, but why?
XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level.

Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more
Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices in 2022.

Russian officials approve use of crypto for cross-border payments: Report
Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements.

SPONSORED. This automated crypto trading bot provider is bringing cutting-edge tools to major exchanges
A leading provider of automated crypto trading bots has integrated another major exchange, meaning its suite of tools can be used by millions.

Большинство криптобирж пока отказываются от введения ограничений для россиян https://news.bitcoin.com/crypto-exchanges-still-available-to-russians-despite-latest-eu-sanctions-report-unveils/

Гринпис начал кампанию против биткоина. 5 млн долларов на эту кампанию дали козлы из Ripple https://bitcoinist.com/greenpeace-launches-smear-drive-vs-bitcoin/

#Bitcoin supply that was moved in the last 6-months is approaching all-time-lows, currently at 18.12% of circulating supply (3.485M $BTC).

Historically, very low volumes of mobile supply typically occur after prolonged bear markets.

Live on our new Dashboard

🌀 Hong Kong Wants to Legalize Cryptocurrency Trading 🌀

https://blockchair.com/news/hong-kong-wants-to-legalize-cryptocurrency-trading--bedd865405

BTC: $19188 ▪️ ETH: $1306 ▪️ XRP: $0.47 ▪️ BCH: $108

🤖 Не ленитесь, регистрируйтесь на разных биржах, чтобы в случае, если одна накроется медным тазом, то у вас будет, на всякий случай, другая. Даю ссылку для регистрации на ХуЁби, интерфейс там практически такой же как и на Банане и там у них много розыгрышей всякой крипто-халявы 🤑

https://www.huobi.com/en-us/v/register/double-invite/?inviter_id=11346560&invite_code=vpeg6223

Wow, isn't Huobi Exchange awesome! It offers 100,000 USDT airdrops daily, a chance to win from the 50 BTC prize pool monthly, and safe Huobi Earn products with 40%+ APY. Scan the QR code and sign up now to get the 5672 USDT welcome bonus for newcomers!

🌀 Nigerian Currency Redesign Controversy: Naira Slips by Almost 20%, Experts See Exchange Rate Reaching 1,000:1 USD Before Year End 🌀

https://blockchair.com/news/nigerian-currency-redesign-controversy-naira-slips-by-almost-20-experts-see-exchange-rate-reaching-10001-usd-before-year-end--3a700633c1

BTC: $21298 ▪️ ETH: $1644 ▪️ XRP: $0.50 ▪️ BCH: $124

🌀 SBF tells investors FTX needs $8B in emergency funding: WSJ 🌀

https://blockchair.com/news/sbf-tells-investors-ftx-needs-8b-in-emergency-funding-wsj--522caeaefa

BTC: $16165 ▪️ ETH: $1143 ▪️ XRP: $0.34 ▪️ BCH: $91

FTX Announcement Regarding the Tron Credit Facility

We are pleased to announce that we have reached an agreement with Tron to establish a special facility to allow holders of TRX, BTT, JST, SUN, and HT to swap assets from FTX 1:1 to external wallets. This functionality will be enabled at 18:30 UTC, November 10, 2022.

The exact capacity of the Tron Token facility will be determined weekly and future injections will occur at 14:00 UTC. The amount to be deposited will depend on a number of factors such as withdrawal demand and funding capacity to be provided by Tron. By providing a set schedule of the amount of tokens to be introduced into the market and the corresponding time, our goal is to provide more clarity to the market allowing users to make better informed decisions.

For more details: https://help.ftx.com/hc/en-us/articles/10739365280276

Binance has shared the details of its hot and cold wallets: Over $70B in reserves

As part of ongoing commitment to transparency, Binance has shared the details of their hot and cold wallets’ reserves, including wallet address list. According to the shared data, a total of around $70B is held in $BUSD, $USDT, $BNB, $BTC, $ETH and $USDC by Binance.