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November 20, 2022

Tornado Cash Redesignation: Does it Change Anything for US Users?

Tornado Cash Redesignation: Does it Change Anything for US Users?

Even as crypto melted down after the FTX debacle, the US Treasury Department changed the basis on which it sanctioned crypto blending service Tornado Cash after court cases argued that the government should support such a ban on open-source technology cannot prevail. On Tuesday, November 8th, the Treasury Department announced that its Office of Foreign …

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Solana ‘Killer’ Aptos Stirs Hype and Sharp Criticism Ahead of Listings

Solana ‘Killer’ Aptos Stirs Hype and Sharp Criticism Ahead of Listings

Yesterday, Aptos, one of the currently most hyped blockchains, celebrated the launch of its mainnet. The project is funded by numerous major crypto companies such as a16z, Jump Capital, FTX Ventures and Binance and has been surrounded by massive hype since its launch. Founding and titled “Solana Killer.” The project is a spin-off from former …

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FTX crisis likely to spark a domino effect, macro analyst explains

FTX crisis likely to spark a domino effect, macro analyst explains

The collapse of Sam Bankman-Fried’s crypto empire will likely have repercussions beyond crypto markets, according to Mike McGlone, Senior Commodity Strategist at Bloomberg. as they will accelerate the downside in equity and commodity markets, according to Mike McGlone, the senior framework analyst at Bloomberg. It just broke, so expect most of the dominoes to fall,” …

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Cardano (ADA) Demonstrates Strong Price Action, Here’s What Happened

Cardano (ADA) Demonstrates Strong Price Action, Here’s What Happened

ADA, Cardano’s native blockchain token, is showing some exciting price action as it bounced back to $0.33 for the second time this fall. After last touching this price in late October, ADA has posted a gain of more than 30%. In the price. Whether Cardano can show a similar result again will become clearer in …

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Bitcoin ($BTC) Traders are Preparing for a ‘Big move’, Says Popular Analyst

Bitcoin ($BTC) Traders are Preparing for a ‘Big move’, Says Popular Analyst

A prominent cryptocurrency analyst has said that Bitcoin ($BTC) traders are bracing for a “big move” in the market at a time when the flagship cryptocurrency’s volatility has fallen below the benchmark. Stock market benchmark, the S&P 500. In a tweet shared with his more than 140,000 followers on the microblogging platform, famous crypto analyst …

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