Amber (Qianqian) Peng is a crypto content writer, occasionally a crypto trader. She holds a B.A. degree in Economics from Miami University. She is a big fan of Bitcoin and has interests in macroeconomics.
Binance experienced $3 billion withdrawals on Tuesday, according to Nansen, a blockchain analytics platform. Additionally, Binance temporarily stopped its USDC withdrawals on Tuesday.
Robert Kiyosaki, author of "Rich Dad, Poor Dad" says Bitcoin holders will become richer than "fake money savers" when the Federal Reserve prints "trillions of fake dollars".
As Beijing intensified its grip on the trading of digital currencies, police in China detained 63 people on suspicion of using cryptocurrency to launder up to 12 billion Chinese Yuan ($1.7 billion).
Recently, Cardano announced that it is looking to release an algorithmic stablecoin (DJED) in 2023. The crypto community shows concerns about it, since Terra's collapse happened in May this year.
Last week, Dogecoin price jumped 25.82% because of the continuous speculation on Twitter integration. DOGE fans still believe that it could take part in Elon Musk's Twitter plans.
The European Central Bank (ECB) tweeted to share a blog post titled "Bitcoin's last stand". The post blasts Bitcoin that it is "rarely used for legal transactions", and promoting Bitcoin may harm the reputation of banks.
US-based cryptocurrency exchange Kraken has agreed to pay $362,159 to settle case with the the US Treasury. Kraken has violated US sanctions against Iran, by serving customers in Iran.
The crypto world has been shocked by the sudden death of Tiantian Kullander (TT), a young crypto founder at the age of 30. He was the co-founder of Hong-Kong-based digital asset firm Amber Group, died unexpectedly on November 23
Bill Ackman, the CEO and founder of hedge fund management company Pershing Square, is still bullish on crypto and says: "crypto is here to stay" in this crypto winter.
Man Group plc is a London-based investment management company that is listed on the London Stock Exchange. Despite the epic collapse of FTX exchange and Alameda, Man Group is planning to launch a cryptocurrency hedge fund.
Earlier today, the President of El Salvador, Nayib Bukele announced on Twitter, "We are buying one #Bitcoin every day starting tomorrow." El Salvador is the first country in the world that adopted Bitcoin (BTC) as a legal tender.