Is crypto 'altseason' coming? Watch these 3 key signals in the months ahead
Crypto traders, market analysts and several metrics suggest that an “altcoin season” is about to begin as Bitcoin price challenges new highs.
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FTX collapse: The crypto industry’s Lehman Brothers moment
The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto exchange is staring down the possibility of bankruptcy after its bid to be acquired by Binance failed.FTX was seen as one of the largest global crypto…

Turkey’s Financial Watchdog Plans to Regulate Crypto Markets, Report Says
Capital Markets Board of Turkey has plans to regulate crypto transactions, according to local sources.Capital Markets Board of Turkey (CMB), the regulatory body overseeing securities markets in the country, is developing a guideline to observe, audit, and regulate the crypto markets in the country, major Turkish media outlet Hurriyet reported on Jan. 4.Public authorities in…

Bloomberg suggests that Bitcoin should be $15,000 according to this adoption metric
Their belief seems to be that Bitcoin is destined to appreciate unless these key indicators reverse themselves. According to the Bloomberg crypto newsletter, a key on-chain indicator suggests that Bitcoin (BTC) is currently greatly undervalued. Bitcoin active addresses, the 30-day average. Source: Glassnode.Bloomberg’s crypto analyst Mike McGlone believes that the recent all-time highs in Bitcoin’s hashrate…

Jewel Bank, Polygon to launch Bermuda’s first USD-backed stablecoin
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory. 794 Total views 8 Total shares Own this piece of crypto history Collect this article as NFTInstitutions in Bermuda will soon be able to trade real-time settlements using a stablecoin with a 1:1 peg to the United States dollar, Jewel Bank founder…

Corrupt Governance? What We Know About Recent EOS Scandal
This week, EOS found itself in hot water after allegations arose that a major part of its blockchain governnance, led by Chinese crypto exchange Hubobi may be involved in a corruption scheme. EOS’ parent company and Huobi have issued public statements since these allegations, but refrained from admitting or denying the charges.What is EOS?EOS.io is…

Bitcoin battles hot US PPI as trader warns crypto 'positioned for lower'
Bitcoin faces conflicting trader moves as PPI puts even more pressure on the crypto bull case.

Crypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B
The company said some of the funds would be used to open new offices in the United States and the United Kingdom. 37 Total views 11 Total shares Already classified as a unicorn startup, United States-based cryptocurrency tax software developer TaxBit now has a valuation of more than $1.3 billion after a recent funding round.According…

Crypto community unimpressed by SBF’s lengthy Substack letter
In the letter, SBF denies stealing funds and stashing billions of dollars away. 523 Total views 5 Total shares Own this piece of history Collect this article as an NFTThe crypto community has voiced their opinions on former FTX CEO Sam “SBF’ Bankman-Fried’s “pre-mortem overview” of the collapse of FTX he published on Jan. 12 as a…