The post Bitcoin Price Just Flashed A Death Cross, But It’s Not What You Think appeared com. Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an.
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TLDR Gold investor Peter Schiff labeled Strategy’s business model a “fraud” and challenged founder Michael Saylor to a debate in Dubai this December Schiff claims Strategy’s preferred shares offer yields that will never be paid, predicting a “death spiral” when fund managers realize this Bitcoin has dropped over 20% from its October all-time high above [.] The post Peter Schiff Calls Strategy’s Bitcoin Model a Fraud, Challenges Michael Saylor to Debate appeared first on CoinCentral.
The post SEC Planned to Classify BTC and ETH as Securities, UniSwap Creator Alleges appeared com. BitcoinEthereum A heated dispute has resurfaced in the crypto world after UniSwap creator Hayden Adams disclosed what he describes as one of the most alarming regulatory ideas ever discussed in the United States: a scenario in which Bitcoin, Ethereum, and the rest of the major cryptocurrencies would have been branded securities. Key Takeaways: Hayden Adams claims former SEC leadership explored labeling even Bitcoin and Ethereum as securities. Adams says the plan could have given FTX exclusive legal control over U. S. crypto trading access. He believes the collapse of FTX prevented the model from becoming reality and preserved market competition. The claim was not tied to a theory but to a conversation Adams says he had with Sam Bankman-Fried shortly before FTX collapsed. According to his recollection, SBF suggested that the SEC under Gary Gensler at the time was preparing to expand its jurisdiction to cover the entire crypto market. The way Adams tells it, the plan would have also placed FTX at the center of the U. S. crypto trading system. A Deal That Would Have Reshaped U. S. Crypto Markets Instead of a multi-exchange environment, Adams says he understood the proposal as leading to a single licensed on-ramp for trading cryptocurrencies in the United States. One company would receive the only legal brokerage license to handle crypto assets; another, tied to FTX, would receive the only exchange license. In practice, all other platforms would lose legal access to U. S. markets. Adams says SBF never spoke the words “exclusive monopoly,” but the direction of the conversation left him with no doubt. He claims he rejected the idea on the spot, calling it contrary to the foundation of open blockchain networks. The Most Shocking Part of the Allegation What has attracted the most attention is not the licensing model but.
The post Stunning $2. 22 Millicom. In a stunning move that’s captured the cryptocurrency world’s attention, BitMEX founder Arthur Hayes just made a massive Arthur Hayes ETH deposit worth $2. 22 million. This substantial transaction, involving 700 ETH transferred to market maker B2C2, signals potential major market movements ahead. What Does This Arthur Hayes ETH Deposit Mean? The Arthur Hayes ETH deposit occurred approximately 41 minutes before this writing, according to blockchain analytics platform Lookonchain. This isn’t just another routine transaction when a cryptocurrency pioneer like Hayes moves this much Ethereum, the entire market takes notice. Market makers like B2C2 play crucial roles in cryptocurrency liquidity. They ensure smooth trading by providing buy and sell orders across multiple exchanges. Therefore, this Arthur Hayes ETH deposit could indicate several possibilities: Institutional positioning for upcoming market movements Liquidity provisioning for trading operations Strategic allocation changes in his portfolio Preparation for new trading strategies Why Should Crypto Investors Care About This Move? Arthur Hayes isn’t just any cryptocurrency investor. As BitMEX founder, he possesses deep market insight and substantial influence. His Arthur Hayes ETH deposit decisions often precede significant market developments that affect all Ethereum holders. This particular Arthur Hayes ETH deposit comes at a crucial time for cryptocurrency markets. Ethereum has shown resilience despite recent volatility, and major players positioning large amounts often signals confidence in the asset’s near-term prospects. How Do Large Deposits Impact Ethereum Markets? When influential figures make substantial Arthur Hayes ETH deposit moves, the effects ripple across multiple market dimensions. Large deposits to market makers typically increase liquidity, which can stabilize prices and reduce volatility. However, they can also indicate upcoming trading activity that might move markets. The Arthur Hayes ETH deposit to B2C2 suggests institutional-grade operations rather than retail trading, which often means more sophisticated strategies and longer-term positioning. What Can We Learn.
Key Takeaways: Saylor’s “Big Week” post sparked rumors of a new Strategy BTC buy. Strategy now holds about 641, 692 BTC [.] The post Crypto Market Watches for Possible Strategy Bitcoin Buy After Latest Saylor Update appeared first on Coindoo.
The post Shiba Inu Team Teases ‘Something New’ as SHIB Remains Down Nearly 90% com. The team behind the Shiba Inu cryptocurrency has teased “something new” in its recent social media post. The new project has been described as “wallet-friendly,” “useful,” and “unmistakably SHIB.” The social media account, which boasts nearly four million followers, has also tagged Bidget Wallet in its most recent social media post. Jaded community The community responses are clearly mixed, with SHIB holders showing visible frustration with the team. Some users have criticized the rather unfortunate timing of the announcement, given that the entire cryptocurrency market recently experienced a rather severe price crash. There are also those who are dissatisfied with slow and inefficient burns. The perceived lack of transparency also appears to be a major concern among SHIB naysayers. The price of the SHIB token is down 89. 4% from its record high, according to CoinGecko data. Source:.
The post XRP flashes major buy signal; Imminent rebound? appeared com. XRP may be on the verge of a potential rebound after a key technical indicator flashed a buy signal on the four-hour chart, according to market analyst Ali Martinez. In an X post on November 15, the analysis highlighted the TD Sequential indicator, a widely used tool for identifying trend exhaustion and potential reversal points. Specifically, the indicator printed a “1” buy setup, which typically appears after a sequence of downward candles. This formation suggests fading bearish momentum and the early stages of a potential bullish reversal. XRP price analysis chart. This loss of downward strength culminated in the TD Sequential’s buy signal. The structure also suggests that sellers may be exhausted If confirmed, the TD Sequential “1” could pave the way for a potential rebound, with bulls hoping for an early reversal from current levels. However, traders typically wait for further confirmation, often a “2” candle closing above the “1”, to validate sustained upward momentum. XRP ETF impact This outlook comes amid XRP’s growing institutional interest, highlighted by the debut of the first U. S. spot XRP ETF. In this case, Canary Capital’s spot XRP ETF made a historic debut on November 13, recording $58. 6 million in first-day trading volume, well above the $17 million analysts had projected. In its first 30 minutes, the ETF saw $26 million in trades, with a total of $245 million worth of XRP purchased on day one. XRP price analysis Despite this interest, XRP’s price is still being weighed down by broader cryptocurrency market sentiment. At press time, XRP was trading at $2. 26, down over 2% in the past 24 hours. XRP seven-day price chart.
Coinidol.com: TON Continues Its Steady Decline to $1.17
The post WazirX CEO Clears Air on Fund Misappropriations & Future Plan appeared com. Key Highlights: WazirX CEO Nischal Shetty comes forward for an interview for the first time since the hack. WazirX users have received 85% of their portfolio value, calculated by value at rebalancing date. A cost fund was created from the remaining exchange assets. Legal and operational expenses were covered from the cost fund. WazirX, a well-known Indian cryptocurrency exchange, suffered a $234 million hack back in July 2024 that shocked the Indian crypto community. The exchange maintained internal transparency through announcements on X, but the CEO and leadership team did not make any public appearances to answer any questions directly. The community grew uneasy as many users were anxious about fund recovery and operational stability. Additionally, the exchange’s social media platform X had the comment section disabled, which limited open discussion, and this added to the uncertainty among the users. For the first time ever since the hack, WazirX CEO Nischal Shetty has come forward to answer important questions about the recovery process in an interview with Switch, an Indian podcast channel that falls under the Zee Production. In the interview, Shetty also talks about discrepancies in the payouts, use of funds for operational and legal costs and future asset protection. How Much Refund Did WazirX Users Get? In the interview, the host asked Shetty why users had not been fully reimbursed, keeping in mind that the token prices have increased since the hack. The implication was that the losses would have been recovered through market appreciation, so why were the users yet not paid back in full yet? To this the CEO replied that during the hack around $234 million was stolen, and for the remaining tokens the price appreciated. There was a user outcry to freeze their portfolio so that they do not miss out on the gains. Hence,.
OKX announces the launch of the SEI/USDⓈ trading pair on its platform. The new addition aims to enhance the USDⓈ ecosystem and cater to diverse trading needs. (Read More).