🦑 Kraken Closes Accounts for all Russian Users
The US-based cryptocurrency exchange – Kraken – joined the list of platforms restricting services to Russian consumers. The decision comes as a result of the latest sanctions that the European Union (EU) imposed on the largest country by landmass for its invasion of Ukraine. 🔗 Read more

👛 Twitter Developing Its Own Crypto Wallet
According to popular tech blogger Jane Manchun Wong, social media giant Twitter is working on a "wallet prototype "that will make it possible to deposit and withdraw cryptocurrencies. Twitter rolled out a feature that made it possible for users to tip content creators with Bitcoin last September. In mid-February, Twitter-native cryptocurrency tipping also became available for Ethereum users. Earlier this year, the social media platform also allowed people to show off their non-fungible tokens (NFTs) on their profile pictures. The rumored addition of cryptocurrency wallets could potentially turn Twitter into a full-fledged Web3 platform. 🔗 Read more

📈 Ethereum Breaks Out of Month-Long Range
The second largest cryptocurrency is currently trading for $1,510, up 12% in the last 24 hours. The coin had been stuck in a range between approximately $1,405 and $1,240 for more than a month now. While it’s too early to tell whether ETH has broken out of that range for any sustained period, it’s the first time the currency has visited these price levels since the historic Merge on September 15. 🔗 Read more

🔮 Binance releases oracle service on BNB Chain
Crypto exchange Binance has released an oracle service called Binance Oracle to help blockchain applications connect with real-world data. BNB Chain ecosystem will be the first blockchain to use Binance Oracle, though the team has plans to expand it to other chains. Over ten BNB Chain projects have already integrated with the Binance Oracle. “Binance Oracle will emerge as a significant contributor to Web3 by offering a stable, reliable, and efficient Oracle network with comprehensive accuracy and accessibility features,” said Gwendolyn Regina, investment director at BNB Chain. 🔗 Read more

🏦 FTX Is Working on Creating a Stablecoin
Cryptocurrency exchange FTX is working on creating a stablecoin, CEO Sam Bankman-Fried told The Big Whale in an interview. Bankman-Fried said in the interview "it is very likely" FTX will create a stablecoin, a crypto token whose value is tied to that of another asset. The exchange knows how to create one and is thinking about the best partner to work with, he said. He also hinted that an announcement will come soon. 🔗 Read more

📰 This Week In Crypto (43)
1. Binance releases oracle service
2. “Bitcoin is Dead” hit ATH
3. Volume for Reddit NFTs Hit ATH
4. FTX Working on a Stablecoin
5. Crypto market sees Relief Rally
CW42 (last week)

🐶 Dogecoin shoots by 100% in a week
Meme cryptocurrency Dogecoin (DOGE) is recording significant gains in the wake of Twitter’s acquisition by Tesla CEO Elon Musk. The asset is also witnessing increased buying pressure, with investors hoping Musk’s takeover of the social media giant will likely give DOGE more utility. Notably, the capital inflow has pushed DOGE to overtake Cardano (ADA) as the eighth-largest cryptocurrency by market capitalization. 🔗 Read more

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☠️ Balancer Labs Co-Founder Drowns
Balancer Labs co-founder Nikolai Mushegian has drowned in Puerto Rico, local media say. Mushegian also developed for MakerDAO, besides working on many other projects. A day before his death, Mushegian said that the CIA and Mossad would frame him and had tweeted about a potential death before. Conspiracy or not, most have offered their condolences and paid tribute to his accomplishments and contributions. 🔗 Read more

👀 All about Zetachain
How to be an early supporter to participate in a <possible> future airdrop
🔗 Watch now

📉📈 Did Crypto bottomed out?
When to buy? And what to buy?

Let's go into detail here and see what our experts have to say:

👨‍💻 Jacques | CryptoExplorer
Trader & Analyst @ CryptoExplorer
Responsible for the Trader Portfolio (includes short time trades)

I have been debating whether the bottom has been in now for some time. Many of the headwinds we were fearful of have played out and it's looking like we're now just a few months away from the end of the FED rate hike cycle. I was hoping we would get new lows due to Earnings being revised down majorly for 2023, however we have just seen Q3 Earnings come in this last week for Big Tech, be poor, and yet the Index's have rallied.

With this new information and many of the on-chain metrics all showing signs that we have bottomed or are at least in a bottoming range, we should be open to the bottom already being in (June lows).

I would now place the odds of the bottom being in as greater than 50%. Remember, markets tend to bottom 6-12 months before the economy does... they're forward looking.

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25% DCA Coming Weeks
50% Coming Months

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🖼 Instagram to support Polygon-powered NFT marketplace
In Meta’s latest bid to expand into the crypto ecosystem, Instagram will soon host a marketplace for NFTs starting with support for Polygon, the company announced. The features are live with a small group of creators in the U.S. and will be expanded to other countries soon. Support is also live for Solana’s Phantom wallet, Meta said, adding that information for collections from OpenSea can now be viewed on the platform. 🔗 Read more

📣 New Potential Airdrop: OptiFi
We have discovered a possible airdrop! OptiFi might launch their own token and we have gathered everything you need to know!
🔗 Link

📣 Watchlist Update - Free Sneak Peek (Nov 03 2022)
This article summarizes the watchlist posted on Discord. As always: Read the charts, find the boxes and trade the boxes!
🔗 Link

🏦 Crypto Giant Binance Exploring Benefits of Bank Acquisition
The largest crypto exchange platform by volume in the world is reportedly looking into the benefits of acquiring banks. According to a new report by Bloomberg, Binance is weighing the pros and cons of purchasing banking institutions as traditional finance becomes increasingly interconnected with the digital assets industry. Binance CEO Changpeng Zhao says that the firm is planning on bridging the gap between digital assets and traditional finance. 🔗 Read more

📰 This Week In Crypto (44)
1. Musk continues Twitter overhaul
2. Fed approves 75bp hike
3. Instagram to host NFT tools
4. Doge pumps +100%
5. JPMorgan makes public blockchain trade
CW43 (last week)

🌿 Opportunity to CLAIM a Lens profile
Today at 5pm UTC, the first Lens Community Call. They haven't shared anything about giving profiles out, however Lens is knows to reward users who participate in their events.
Definitely worth a shot 👀

🎦 Learn more about Lens
🌿 Learn more about the Event

😬 Binance Reveals FTX FTT Token Liquidation Intentions
Changpeng Zhao said Binance was making the decision based on recent revelations. Reports had revealed that FTX’s sister company Alameda had assets worth $14.6 billion. The trading firm’s biggest asset was revealed to be $3.66 billion in locked FTT, while $2.16 billion worth of FTT collateral is the third largest asset. This means over $5 billion of the company’s assets is FTT, raising concerns about the firm’s solvency. 🔗 Read more

📈 MVRV Z-Score in the Green Range
MVRV Z-Score looks like we are hitting a multi-year cycle low in #bitcoin. Best time to buy, but most people have exited the market 🤷

⚡️ Breaking: Binance Signs Letter of Intent to Acquire FTX.com
This afternoon, Binance CEO CZ tweeted that FTX asked for Binance’s help during a “significant liquidity crunch.” Sam Bankman-Fried, FTX’s founder, also tweeted a series of announcements concerning the deal. According to his tweets, the FTX team has asked Binance to come in as they “clear out liquidity crunches.” Sam's tweet thread also noted that FTX.us and Binance.us are separate entities that will not be affected by either the liquidity issues or an acquisition. 🔗 Read more