Crypto Briefing

Bitcoin's struggles continue as the halving is just hours away.Bitcoin’s price has dropped below $60,000, hitting a low of around $59,600 on Binance. The drop follows news that Israel conducted...

London-based banking corporation, Standard Chartered (OTC:SCBFF), adjusts its Bitcoin prediction for 2024 from $100,000 to $120,000, citing increased miner profitability.Standard Chartered has raised...

Silvergate Bank announced yesterday that it would be winding down its operations in an orderly manner.Key Takeaways Silvergate Bank announced yesterday it would be voluntarily undergoing...

Federal Reserve Chair Jerome Powell is turning hawkish again.Key Takeaways Federal Reserve Chair Jerome Powell announced today the central bank was likely to raise interest rates higher than initially...

The company reported $604 million in revenue for Q4 of 2022, up 5% from the $590 million it made in Q3.Key Takeaways Coinbase reported higher earnings than expected yesterday. The company made $604...

What if you could set up recurring payments from your self-custodial wallet?Key Takeaways Visa (NYSE:V) believes automatic payments on Ethereum are possible. The company shared a technical paper...

BTC and ETH reacted positively to a lower-than-expected CPI print.Key TakeawaysThe CPI print for November came in today at 7.1%. The print is 0.6% lower than October’s and 0.2% lower than...

A recent FUD campaign engineered by crypto community members raised doubts about the safety of wETH tokens—but it's all an elaborate joke.Key Takeaways Crypto Twitter has been sharing jokes...

Binance has announced its Industry Recovery Initiative Other companies including Polygon Ventures and Animoca Brands also contributed Binance's plan comes after the collapse of FTX Binance said today...

GMX is one of several DeFi protocols to receive a boost as trust in centralized exchanges is called into question following FTX's meltdown.Key Takeaways The decentralized futures platform GMX has seen...

Several companies have been impacted by FTX's ongoing collapse and are taking action to deal with the fallout.Key Takeaways Visa has announced that it will break off its partnership with FTX following...

Months after Terra, Three Arrows Capital, and a host of other industry-leading firms imploded, the crypto space has been hit by another major wipeout. What can we learn from the crisis?Key...

One of the biggest dramas in cryptocurrency history continues. Over $400 million was drained from the bankrupt crypto exchange early Saturday.Key Takeaways FTX has been hacked. Over $400 million was...

Tether is freezing USDT wallets belonging to FTX. At least 46,360,701 USDT has been blacklisted so far. Tether is reportedly freezing funds by request from law enforcement. Centralized stablecoin...

The popular lending company is restricting user access to funds.Key Takeaways BlockFi has announced that it will halt withdrawals following uncertainty around FTX's financial standing The company said...

Solana tokens and NFTs are getting crushed following the news of FTX’s downfall, and on-chain data suggests more pain is ahead.Key Takeaways The Solana ecosystem suffers from the recent news and...