1xbit
  • BlockFi - bankruptcy - chapter 11
    Two weeks ago, BlockFi banned withdrawals owing to “lack of clarification over the fate of FTX.com, FTX US, and Alameda.” As previously mentioned by the BlockFi team, the move would be directly spurred by the demise of FTX, the business that initially offered a $400 million credit line to fun…
  • genesis block - crypto company
    The FTX’s contagious impact continues to spread across the cryptocurrency sector. Genesis Block, once Asia’s biggest Bitcoin ATM provider, is one of the enterprises in the cryptocurrency industry suffering from the FTX crash. According to a Reuters report, which was picked up by other media o…

More Featured Articles

  • Crypto Contagion: Bank of America downgrades Coinbase to Neutral, COIN down 7%
  • El Salvador wants one Bitcoin a day
  • How far does the FTX contagion go?
ftx - coinbase - crypto contagion

Crypto Contagion: Bank of America downgrades Coinbase to Neutral, COIN down 7%

Bank of America (BofA) has downgraded the shares of Coinbase, a cryptocurrency exchange platform, after the collapse of the FTX cryptocurrency exc…

More News


  • How far does the FTX contagion go?
  • “I F*cked Up,” Declares FTX’s Founder
  • Musk explains why he bought Twitter

Markets

Crypto Market: December 5, 2022

Investors’ anticipation of a more dovish stance from the US Federal Reserve kept the cryptocurrency market strong early Monday. Bitcoin maintained the $17,000 milestone, while Ethereum approached the $1,300 mark. Instead of maintaining its current diet of 75 basis points, the Federal Open Market Committee is expected to increase interest rates by 50 basis points.
Bitcoin is trading at $17,080.74 USD with a 24-hour v…

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El Salvador wants one Bitcoin a day

Recently, in response to the FTX problem, the president said that this exchange was antithetical to the essence of Bitcoin. A few hours ago, he revealed on Twitter a significant decision: beginning immediately, he will purchase one Bitcoin each d…
Covid-Infected Bitcoin

How far does the FTX contagion go?

Just as 2021 will be recognized as the year institutional money began to enter the crypto world, 2022 will surely be infamous for the seemingly endless list of problems and bankruptcies in the crypto world.  When it came out that Sam Bank…
FTX fallout - I fucked up - Sam Bankman-Fried

“I F*cked Up,” Declares FTX’s Founder

According to Sequoia Capital, Bankman-Fried, 30, CEO of FTX crypto exchange, was ready to become the world’s first “trillionaire.” This week, FTX openly crumbled. Three days before, the letter said that “a rival is attempting to use fake infor…
Elon Musk - Twitter

Musk explains why he bought Twitter

Elon Musk released a statement detailing his reasons for acquiring social networking giant Twitter, and he has much more on his mind than just the possibility of cryptocurrency features being added to the site. Musk said that the “future of ci…
FTX sam bankman-fried - Binance

The FTX loss erodes faith in the crypto community

On Tuesday, the cryptocurrency market went down because there were rumors that cryptocurrency exchange FTX might go bankrupt and questions about the health of its sister company, Alameda Research. When Binance founder Changpeng Zhao announced …

What is Proof of Reserves (PoR)?

Proof of Reserves (PoR) is a method that exchanges use to show that they hold assets like cryptocurrencies and fiat cash. This is important for exchanges because it allows customers to verify that the exchange has the assets it claims to have, which helps to build trust and confidence in the exchange. It is an auditing technique that is provable using cryptographic proofs, checks of public wallet ownership, and recurrent audits to verify an exchange’s holdings. A proof of reserves report provides a snapshot of various exchange-owned assets, such as cryptocurrency holdings and fiat cash. Composition of Binance PoR assets. How does proof of reserve work? The process of proving reserves typically involves the use of cryptogr…

What Is a crypto whale?

“Whale” is a word used to describe investors with an enormous amount of cryptocurrency, especially those with enough money to affect the market. Individuals or organizations with substantial crypto holdings are called whales. Due to their immense riches, whales may influence the market. Sell barriers reduce the price of a coin, enabling whales to make inexpensive purchases. Buy barriers compel investors to increase the cost of a currency owned by a whale. Some people think of whales as the opposite of bitcoin “fish” or “minnows,” who have small amounts of cryptocurrencies and don’t have much of an effect on market prices. Instead, whales are members of a select group of people and organizations that have enough bitcoin to infl…

Crypto Today: The worst; BTC Decoupling; FTX Impact

Is the worst nearly over?  In this still-emerging business, volatility has always been a constant. Cryptocurrency is infamous for its steep declines and spectacular recoveries. Long-time Bitcoin supporters can confirm that this is not the first crypto winter. May cryptocurrency prices and stocks recover in 2023? Hany Rashwan, CEO of 21.co, a cryptocurrency investment business, said, “It is very evident that we as an industry need to produce better solutions.” During the prior bull market, there was a great deal of nonsense. People sought enthusiasm. Rashwan said that he is qu…

1xbit

Top 10 Cryptocurrencies

# NamePriceChanges 24H Market Cap

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ICO & IDO list – Initial Coin Offerings

ProjectStageGoalDetails
ICO
Ends 2 hours ago
$150000
Private Sale
Ends in 6 Days
$1000000
Private Sale
Ends in 6 Days
$1000000

Bitcoin Price Today

Bitcoin price today. Bitcoin real-time price chart and index. BTC price evolution with graph chart. Convert BTC to USD.

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Crypto Market Cap

  • Market Cap: $1,099.05 B
  • 24h Vol: $57.23 B
  • BTC Dominance: 37.13%


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BlockFi’s U.S. bankruptcy filing

Two weeks ago, BlockFi banned withdrawals owing to “lack of clarification over the fate of FTX.com, FTX US, and Alameda.” As previously mention…

Genesis Block to Halt Operations Amid Potential FTX Repercussions

The FTX’s contagious impact continues to spread across the cryptocurrency sector. Genesis Block, once Asia’s biggest Bitcoin ATM provider, is one …

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Crypto Contagion: Bank of America downgrades Coinbase to Neutral, COIN down 7%

Bank of America (BofA) has downgraded the shares of Coinbase, a cryptocurrency exchange platform, after the collapse of the FTX cryptocurrency exc…

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Recently, in response to the FTX problem, the president said that this exchange was antithetical to the essence of Bitcoin. A few hours ago, he re…

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