BlogHide Resteemsenkishen (31)in ftx • 2 years agoWhat Makes Investors the Victim of the Feud Between Binance and FTX?The feud between FTX and Binance, two top crypto exchanges, has captured the crypto spotlight. Since CoinDesk published an article titled Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His…enkishen (31)in eth • 2 years agoAnother Interest Rate Hike: Will We Witness the Darkest Hour of the Crypto Market?Last week, after Ethereum finally went through the Merge as scheduled, the ETH price plummeted, which matches market expectations. Without the favorable conditions it desperately needs, the market…enkishen (31)in luna • 2 years agoLunc Surged: Could Terra Stage a Comeback?On September 15, it was reported that South Korean prosecutors issued arrest warrants for Do Kwon and other Terra founders. Interestingly, before the news came out, both LUNA and LUNC soared. In…enkishen (31)in crypto • 2 years ago$700 Million Revenue in August: Could Web 3 Games Start the Next Bull Market?The market has remained bearish for nearly 10 months, and it seems that we are still no way near the next crypto bull. Despite that, some institutional investors have quietly started to buy low and…enkishen (31)in cryoto • 2 years ago$2.4 Billion Spent in 18 Months: Crypto Companies Flock to SportsIn today’s sluggish crypto market, the total transaction volume of Opensea, once a dominant crypto player, in August was even less than its 24-hour volume record, and crypto companies are all…enkishen (31)in usdt • 2 years ago400 Million USDT Banned: Tether Faces Another ControversyAccording to Dune Analytics, as of August 28, Tether has banned 716 USDT addresses that contain over 400 million USDT. The news shocked the crypto market as we reflect on how centralized…enkishen (31)in stablecoin • 2 years agoAnother Stablecoin De-pegged: USDT Lost 20% Market Cap in Three MonthsLast week, another stablecoin de-pegged, which is the third stablecoin de-peg in August. Since the UST meltdown, many stablecoins have not been quite “stable”. Following the disclosure of the…enkishen (31)in fifa22 • 2 years agoThe World Cup Coming Soon: Fan Tokens Soar in PriceFIFA World Cup 2022 in Qatar, to be held at the end of the year, will be the first restriction-free major sports event since the outbreak of the COVID pandemic. In the meantime, the relevant fan…enkishen (31)in ethereum • 2 years agoEthereum Vs. US Regulators, Vitalik Considers Censorship as An Attack on EthereumThe Ethereum Merge has been trending on social media throughout August. In the meantime, the US sanction against Tornado Cash has also sparked heated discussions, and the two incidents are linked…enkishen (31)in tornado • 2 years agoThe Sanction Against Tornado Cash is Just a Beginning of Crypto RegulationLast week, the sanction against Tornado Cash turned out to be the hottest crypto-related topic. On August 8, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) added…enkishen (31)in bitcoin • 2 years ago$2.525 Billion Hacked: Has the Crypto Market Become an ATM for Hackers?As the total market cap of cryptocurrency keeps rising, hacking has happened more frequently. According to SlowMist Hacked, as of August 8, there have been 207 hack events in 2022, which resulted in…enkishen (31)in bitcoin • 2 years agoMarket Indicators Back to the Major Turning Points in the Last Cycle: Is the Next Bull Market Coming?After going through the seemingly peaceful July, the crypto market seems to have absorbed the panic emotions, as Ethereum, Bitcoin, and altcoins start to rebound. Despite that, investors in crypto…enkishen (31)in bitcoin • 2 years agoGame NFTs, A Bullish SignalAs both BTC and ETH rebounded, the crypto market seems to have come out of the former shadows cast by Terra and Three Arrows Capital and absorbed the panic. Additionally, the whales of Uniswap, the…enkishen (31)in crypto • 2 years agoThe Market Rebounds: Has Cryptocurrency Become Bullish?As of July 15, the Crypto Fear & Greed Index shows that the market has been suffering from “Extreme Fear” for 70 consecutive days, a record high. Although it seems that the market hasn’t been so…enkishen (31)in celsius • 2 years agoCelsius Declares Bankruptcy! All On-chain Debts Paid offIn June 2022, the crypto market witnessed a historical round of institutional crises. Some of the companies have filed for bankruptcy protection, while others are still holding on. According to the…enkishen (31)in threearrowscapital • 3 years ago3AC’s Bankruptcy Might Signal the Beginning of a New CycleOn July 2, representatives of Three Arrows Capital (3AC) filed for bankruptcy protection, according to court documents. Voyager Digital announced on July 7 that it had also filed for bankruptcy…enkishen (31)in usdt • 3 years agoCould USDT & USDC Depeg and Crash?Recently, there have been many rumors that stablecoins will crash. We first hear that hedge funds are shorting USDT with hundreds of millions of dollars. Then, a KOL on Twitter said that Circle…enkishen (31)in bearmarket • 3 years agoThe Bear Market Might Hit Rock Bottom: Institutional Investors Start Buying Low!To global finance, 2022 has seen one challenge after another. During the first half of the year, the US stock market had been bleak: the Dow Jones fell by 15.31%, the S&P 500 by 20.58%, and the…