Cryptocurrency News – Week of December 25, 2022

This selection – sometimes difficult to make – presents the 5 articles considered the highlights of the past week. In order to be 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…

Bankruptcy – Bitcoin mining giant Core Scientific declares bankruptcy.

In the list of bankruptcies affecting the cryptocurrency sector, now it’s the turn of publicly traded Bitcoin mining companies.. These are the industry giants whose potential centralization problem, whether it is a question of computing power (hashrate) or the demands of their shareholders, no one is addressing. With one of their most important players, Scientific CoreThe company has been on the verge of bankruptcy since the end of October. And as of this Wednesday morning in official bankruptcy proceedings with the Texas court in charge of these cases.

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Little Sam, released on $250 million bail.

The FTX affair never ends. The latest twist in the tale: the release on bail of the main protagonist, Sam Bankman-Fried.who, having evidently benefited from Bloomberg, d’preferential treatment during his brief stay in the infamous Bahamian prison, where he was only allowed to rub shoulders with the walls of the infirmary, he will be able to return to the warmth of his parents’ home in sunny California.

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Binance vs FUD – 对于近期媒体及社区质疑的回应

Binance has been in the spotlight since the collapse of FTX. In fact, this leading platform in the cryptocurrency sector is facing a major FUD campaign against it. A generalized doubt that spares no area in relation to his activities or the real amount of his patrimony. For its Proof of Reserves exercise has not convinced anyone.On the contrary. That’s why he has just published “对于近期媒体及社区质疑的回应”… only available in Chinese.

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Ban cryptocurrencies before they trigger the next financial crisis.

Dealing with cryptocurrencies is by no means a bed of roses. Especially when you consider that regulatory attempts are often made against the development of the sector.. With Central Banks far more concerned with defending their monetary monopoly business than with “protecting investors”. So much so that the governor of its Indian version predicted that the next financial crisis will arise from the lack of prohibition dictated against them..

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NFT vs artists – Between profiteering and copyright.

The NFT market has really come to the fore in the last two years.. The explosive emergence of NFTs was quickly labeled a speculative bubble by its detractors. But the characteristics associated with a Web3 approach that allowed artists and designers to capitalize on the hype surrounding their collections. A model that was definitely different from the traditional art world, based on rights applied to the secondary market. But, obviously, this functionality does not suit the speculators….

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

It has been six weeks since the collapse of the FTX with. a Bitcoin that is halfway between two major levels. On the one hand, there is one that would keep alive the hope that its bear market since its last ETS in November 2021 would abate. And on the other hand, we would risk aggravate the wave of correction. currently underway.

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