Cryptocurrency News – Week of December 18, 2022

Here is our selection of the top 5 articles of the past week. It’s all about being able to stay informed about important innovations and developments in the field.. With, at the end of this selection, a comprehensive technical analysis of the price of Bitcoin and other cryptocurrencies. A comprehensive technical analysis of the price of Bitcoin and other flagship cryptocurrencies in light of the week’s news.

A good way to stay on top of the cryptosphere while enjoying the weekend.

Enjoy your reading…

France – Senators want to make PSAN accreditation mandatory.

As the cryptocurrency industry slowly recovers from the FTX affair, French senators play a game of one-on-one.. A dynamic that is definitely not going to make our country an attractive destination for players in this ecosystem. Because obtaining sesame PSAN – already very complicated – could well be completed with a mandatory authorization issued by the AMF. A “disastrous message for the French industry”, according to l’Adan.

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Christmas at the Zonzon for Sam Bankman-Fried

Following his arrest Monday at his home in Nassau, Sam Bankman-Fried was summoned to a hearing in the Magistrate’s Court of The Bahamas, where he. the judge in charge of the case denied bail.. The former crypto prodigy will therefore remain in the Bahamian jail until February 8, 2023, the date set by the magistrate for extradition hearing to the United States.

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Apple v. NFT – Forced opening of its “walled garden” in Europe

For some time now, the Apple company has become the symbol of a battle between Web2 and its new, supposedly (more) decentralized version, presented as the Web3. At the center of this discord was its internal “walled garden” policy. And in the opposite camp, NFT Projects are unwilling to comply with this organized racket. For their closure strategy consists of locking up – and taxing – anything that remotely touches their ecosystem. But this may be a thing of the past due to impending European regulations.

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FTX – Its demise is not the biggest problem for investors this year.

As investors continue to flee the exchanges to protect what’s left, the FTX saga throws up its early numbers. And sometimes the psychological impact felt is far greater than the amount actually lost. This is at least what the recent report published by the chain analysis structure seems to demonstrate. Chainalysis. With realized losses much less than other apocalyptic episodes, such as the collapse of the Terra Classic ecosystem.

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Binance in stress test mode

Decidedly, current events in the cryptocurrency sector revolve around the actual or assumed state of their centralized platforms (CEX). Clear evidence that the commotion of the FTX affair is still fresh in everyone’s mind… and wallet. And a situation that has pushed the Binance leader to expose its assets in a double-edged exercise in transparency. Because the alleged shortcomings of this document are currently provoking a drain on its users already estimated at several billion dollars.. FUD?

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Bitcoin analysis – buyers can’t get ahead of themselves!

Just when we thought Bitcoin was finally going to triumph Following the latest inflation figures in the US, which fell more than expected, the rebound recorded before yesterday unfortunately did not allow buyers to put pressure on sellers. So much so that the latest technical analysis shows the strength of its bear market since its last ETS in November 2021.

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