$16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report

On this week’s The Market Report show, Cointelegraph’s resident experts discuss the possibility of a $12,000–$14,000 Bitcoin (BTC) price and what that would mean for the rest of the crypto space. We start off this week’s show with the latest news in the markets: New BTC miner capitulation? 5 things to know in Bitcoin this week Bitcoin prepares to exit a grim November just above $16,000 — what could be on the menu for BTC’s price this week? We discuss the protests in China, the possibility of Bitcoin miners being…

Could a Grayscale Bitcoin Trust collapse be the next black swan event? Watch The Market Report

On this week’s The Market Report show, Cointelegraph’s resident experts discuss what the ramifications would be if Grayscale Bitcoin Trust were to collapse. We start off this week’s show with the latest news in the markets: GBTC next BTC price black swan? — 5 things to know in Bitcoin this week Bitcoin (BTC), the largest cryptocurrency, just like the rest of the crypto industry, remains highly susceptible to downside risk as it continues to deal with the fallout from the implosion of exchange FTX. Contagion is the word on everyone’s…

Chainlink (LINK) Stays Strong Amidst Market Uncertainty

Chainlink (LINK), the leading oracle network, normally performs on the day following the market downturn. LINK has experienced a 1.58% increase in the last 24 hours, trading at $6.22.  Overall, LINK has recorded over 12% loss in the weekly chart. The token had surged higher in the day, reaching a local high of $6.38 before retracting.  The value of Chainlink (LINK) rose earlier today as the market reacted favorably to a combination of events. Brainard’s doveish statements on Monday, a dropping dollar, Zelensky’s peace negotiations commencing, and Biden-Xi meeting not…

Weekly Crypto Market Performance Review Amid FTX Implosion

The digital currency ecosystem is trading with massive volatility that was engineered by the collapse and eventual bankruptcy of the FTX derivatives exchange over the past week. The combined crypto market cap has slumped to $837.47 billion, one of its lowest points over the past year. FTX Token (FTT) visibly induced the breakdown in prices dropping by over 92.33% in the trailing 7 days period to $1.78 according to data from CoinMarketCap. The coin’s collapse mimicked that of Terra (LUNA) which shed 12 months’ gains in just about a week…

Binance and Paxos-Backed Stablecoin BUSD’s Market Cap Climbs 22% in 2 Months – Altcoins Bitcoin News

In mid-August, or 68 days ago, the market capitalization of the stablecoin BUSD was approximately $17.7 billion and since then, its grown 22.88% higher to today’s $21.78 billion. BUSD’s growth comes at a time when the market valuations of the top two stablecoins tether and usd coin have shed some excess weight. While Tether and Usd Coin Have Shed Billions, BUSD Climbs 22% Higher in Just Over 2 Months Before the Terra stablecoin implosion, in mid-April 2022, the dollar-pegged economy looked a whole lot different than it does today. For…

Web3 is capitalizing on a growing market for carbon credits

Become smarter in just 5 minutes Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free. While not as splashy as soup on Van Gogh’s “Sunflowers,” carbon credits and offsets are also hot topics in the climate conversation. Corporations from British Airways to Disney to Shell have employed them as part of their climate strategy. Offsets and credits are used interchangeably, but they’re not exactly the same thing, and the difference is important—especially to Web3 companies that want to capitalize on the growing…

CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure

The application process seems to be “going well,” so far, said Zach Dexter, the CEO of FTX US Derivatives, at a separate event on Friday – the Security Traders Association market structure conference. FTX had seen the existing market as “a difficult system to deal with for retail investors” to trade crypto futures, and Dexter said the proposal is “fixing all of that.” Author: Jesse Hamilton Source link

How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango

All in all, the rogue trader used over 10 million USDC to take out over $116 million from Mango, paying minimal fees for conducting the attack and doing everything within the parameters of how the platform was designed. Mango wasn’t hacked, it worked exactly as intended, and a savvy trader, albeit with nefarious intentions, managed to wring token liquidity out. Author: Shaurya Malwa Source link

Autumn bulls vs. winter bears — Will October be bullish or bearish for Bitcoin? Watch Market Talks

In this week’s episode of Market Talks, we welcome Rekt Capital, a cryptocurrency analyst who shares macro research, commentary and technical analysis related to crypto markets. He publishes a popular newsletter and provides courses that help educate traders on how to make informed decisions when buying and selling cryptocurrencies. He has more than 328,000 followers across his various social media platforms, many of whom are prominent individuals, including big names like Binance CEO Changpeng Zhao. First things first, we have officially entered Q4 2022 and, more importantly, October, which has historically been a…