MLM Network Zone

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. from Cointelegraph.com News https://ift.tt/QM08Bdr via IFTTT

During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also spotted a “substantial estimate for unreported buying.” A report published on Nov. 22 now says the mystery gold buyer is likely China, and it further alleged that the country “bought a substantial amount of gold from Russia.” The Third Quarter’s Mystery Gold Buyer Is Likely China, Market Analyst Says According to a report published by Japan’s Nikkei news outlet, China is suspected of stockpiling gold to “cut greenback dependence.” Nikkei’s report follows the recent study published by the World Gold Council (WGC) that shows a large amount of gold purchased by the world’s central banks last quarter. At the time, the WGC report further noted, “unreported buying” and a mystery buyer that acquired subs...

ETH bears continue to suppress Ethereum price, but institutional traders’ buying activity and exchanges’ aiming to provide more transparency could improve investor sentiment. from Cointelegraph.com News https://ift.tt/SPTzpLd via IFTTT

Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds." from Cointelegraph.com News https://ift.tt/IuiSpUL via IFTTT

Mobile gaming had an ample number of skeptics during its early days, but today it dominates 60% of the gaming market. Crypto games are following a similar path. from Cointelegraph.com News https://ift.tt/D5oxHeN via IFTTT

The data necessary to analyze previous Blockfolio entries is now mixed up into the massive cryptocurrency exchange’s collapse. bit.ly/3f7o14k http://dlvr.it/Sd9M9S

The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange. from Cointelegraph.com News https://ift.tt/XiBkjZI via IFTTT

The global cryptocurrency market capitalization has dropped below the $800 billion region for the first time in 691 days or since December 30, 2020. Bitcoin has dipped below the $16K region dropping 5.12% over the past 24 hours, and the second leading crypto asset ethereum shed 7.61% on Monday, dropping below the $1,100 range. Crypto Economy Sheds More Than 4% over the last day, Bitcoin Drops Below $16K, Ethereum Slips Below $1,100 Cryptocurrencies had a rough Monday as the entire digital asset market capitalization saw a 4.37% decrease over the last day. Furthermore, the U.S. dollar valuation of all the crypto assets in existence fell below the $800 billion zone, the lowest value seen since December 30, 2020. While cryptocurrency trade volumes rose to $150 to $225 billion during the FTX market mayhem, global trade volumes dropped greatly down to $66.66 billion in 24-hour trade volume on November 21, 2022. Bitcoin ( BTC ) dropped to a low of $15,588 per unit on Monday under the $16...

Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers. from Cointelegraph.com News https://ift.tt/CFRuX1G via IFTTT

Crypto markets have started the week on a weak note, suggesting that buyers remain skeptical about buying any significant dips. from Cointelegraph.com News https://ift.tt/QbhYMDt via IFTTT