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Price analysis 11/28: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT

Turmoil in China, concerns over the global economy and BlockFi’s bankruptcy filing are all weighing on crypto markets this week.

Staking tech firm Kiln closes $17.8 million, eyes future ETH staking demand

Staking infrastructure firm Kiln has closed a $17.8 million fundraising round led by the likes of Consensys, GSR and Kraken Ventures.

Kraken settles with US Treasury’s OFAC for violating US sanctions

The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating...

Jack Dorsey’s Block sues Bitcoin.com for trademark infringement

“The use of the designation "VERSE" constitutes an infringement of our client's trademarks under German trademark law,” Block’s legal counsel said in a letter...

FTX logos and promotional material still everywhere despite bankruptcy proceedings

Though some officials have removed all traces of their deals with FTX, the firm's branding still appears on a few sports venues and merchandise.

Game7 allocates $100M in open-source technology grants for Web 3.0 gaming companies

"We're looking to support teams building innovative open-source infrastructure that can accelerate the blockchain gaming space and foster collaboration," wrote Game7 in its FAQ....

Crypto fund investment still dominated by the United States: Database

Crypto database shows that most firms are venture capital at 52.8%, followed by hedge funds with 44.3% and then private equity and mutual funds...

Bitcoin At $1,000: Looking Back At Nine Years Of Bull Run

If the first part of the above headline about Bitcoin price had your heart pumping, it might be time to reduce the amount of...

Why The Bitcoin Miners’ Revenue Hit Lowest Point Since 2020

Many crypto investors are still skeptical about the profitability of Bitcoin mining. This is not surprising considering the growing rate of energy prices in...

Bitcoin will ‘teleport’ to $14K or worse if BTC breaks $16K — Analyst

Bitcoin faces pressure from China, a stock market trend in addition to the FTX fallout.
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