Bitcoin Shrugs Off BlockFi, China Protests As BTC Price Holds $16K
Bitcoin (BTC) held crucial $16,000 support into Nov. 29 as bulls weathered ongoing FTX fallout and macro triggers.
Spanish Securities Regulator CNMV Warns About Crypto Investments
The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies.
BlockFi Bankruptcy Filing Triggers a Wide Range of Community Reaction
As crypto lending platform BlockFi filed for bankruptcy, members of the crypto community reacted with mixed feedback as another platform fell during the current bear market.
Tom N Toms Coffee Incorporating Chainlink Price Feeds
Tom N Toms is ecstatic and takes great delight in officially announcing its choice to include Chainlink Price Feeds on the Polygon mainnet. For those who are unaware, Tom N Toms is a network of coffee shops that are based in South Korea and operate there. They also have a whopping 400 branches under their roof, which are dispersed throughout 9 countries. However, this inclusion will take place in its NFT marketplace, HEYST.
Investors Pump $70 Million Into LUNC in a Week As Interest in Terra Classic Returns
Investors in Terra Classic (LUNC), the original chain of the collapsed Terra (LUNA) token, are still showing faith in the digital asset despite its diminishing utility. Amid the prevailing market bearish conditions, the token appears to embark on a bullish upward movement.
Blockchain-Based Fintech Company Prepares To Enter $500B Freight Settlement Market
TruckCoinSwap (TCS) is a fintech and freight-tech company utilizing a blockchain-integrated mobile app to provide fast and free freight receivables settlement to transportation companies. Moreover, TCS is listed on CrossTower in the U.S. and abroad in 80 countries, and is now also listed on Uniswap.
First US State Where You Can No Longer Mine Crypto: Law Decoded, Nov. 21–28
The state of New York became the first one in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York governor Kathy Hochul signed the moratorium into a bill, prohibiting any new mining operations that aren’t based on 100% renewable energy. The renewal of licenses would also be frozen. In eight months, the anti-mining bill made its way from the first passing through the state Assembly to the governor’s pen.
Dogecoin Jumps 8% Overnight, Continuing Two-Week Rally
Dogecoin (DOGE) is up 7.7% over the past 24 hours, trading above its three-week high of $1.03 on Tuesday morning, according to data from CoinGecko.
BlockFi Takes Action To Protect Clients From FTX Collapse
It was the management team at BlockFi that was responsible for not wasting a single valuable moment and took the opportunity to create and implement alternate methods and measures so as to be able to effectively protect all of its clients from the adverse effects of the FTX bankruptcy and all associated issues.
Binance’s Bailout Fund Is a Welcome Backstop for Crypto — But Questions Remain
Last week, the world’s largest crypto exchange Binance formally unveiled a $1 billion “industry recovery fund” to help contain the damage dealt to the industry by the spectacular implosion of FTX. A few weeks earlier, Binance’s CEO Changpeng Zhao had played a pivotal role in the events that led to that collapse.
