Binance is suspending USD-based bank transfers

Latest Report Is the crypto bottom in? On-chain says yes, macro says pain occurs after the fed pause Is Bitcoin poised for a new low or has the bottom been set at $15,500? CryptoSlate analyzed on-chain and macro data to present both sides of the argument. Andjela Radmilac · 2 days ago

Research: Genesis received over $1B worth of FTT from Alameda, FTX in last 3 months

An analysis of the Arkham Intelligence dashboard CryptoSlate Research shows that popular crypto lender Genesis received billions in FTT tokens from bankrupt crypto firms Alameda Research and FTX over the past year. FTX’s FTT Transfers to Genesis (Source: Arkham Intelligence) FTX’s FTT Transfers to Genesis (Source: Arkham Intelligence) For context, Genesis received  $932.56 million worth…

Uptober: Bitcoin jumps 6% while DXY and gold post negative returns

After two consecutive red months, Bitcoin posted a 6% increase in October. The volatility that wiped out billions from the market devastated Bitcoin’s price in June and led to a shaky summer with little to no gains. However, the third quarter began in the green with Bitcoin breaking through the $20,000 resistance, showing the potential…

FTX Sam Bankman-Fried hints at Cardano listing

FTX founder Sam Bankman-Fried has hinted that the exchange could soon be listing Cardano’s ADA for spot trading in an Oct. 23 tweet. definitely not the case! we have https://t.co/mST1XOz1mv listed internationally; adding spot ADA too is on our roadmap — SBF (@SBF_FTX) October 23, 2022 According to SBF, FTX International has ADA perpetual contracts…

British pound drops to all time lows against the dollar

On Sept. 16, 1992, the British pound dropped to its all-time low. The day has since become known as “Black Wednesday,” or the day George Soros broke the Bank of England. The historically stable currency lost 4.8% of its value against the U.S. dollar, effectively keeping the U.K. out of the E.U.’s newly formed European…