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

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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.

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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.

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🌀 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

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🌀 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.

FTX just pinned this message in their main telegram chat.