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Weekly overview

Macroeconomic data points toward intensifying pain for crypto investors in 2023

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear. Undoubtedly, 2022…

Continue ReadingMacroeconomic data points toward intensifying pain for crypto investors in 2023

El Salvador’s Bitcoin strategy evolved with the bear market in 2022

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing. Cryptocurrency adoption has been on the…

Continue ReadingEl Salvador’s Bitcoin strategy evolved with the bear market in 2022

Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support. The…

Continue ReadingPrice analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

December DeFi exploits were the lowest in 2022: Finance Redefined

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.…

Continue ReadingDecember DeFi exploits were the lowest in 2022: Finance Redefined

US authorities launch page to notify FTX’s alleged victims about SBF’s case

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

According to the court filing, the number of victims in the FTX case made it “impractical” to rely on more traditional methods of notification. The United States Attorney’s Office for…

Continue ReadingUS authorities launch page to notify FTX’s alleged victims about SBF’s case

Huobi net outflows crossed over 60M within the past 24 hours: Report

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week. Cryptocurrency exchange Huobi has seen over $94.2 million dollars in net…

Continue ReadingHuobi net outflows crossed over 60M within the past 24 hours: Report

Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

The legal team confirmed the U.S. Departure of Justice was in the process of seizing the Robinhood shares but said SBF was “compelled to reply” given other claims. The legal…

Continue ReadingSam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
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