CryptoSentinel :: crypto news and analysis

Elon Musk has confirmed that #Twitter 2.0 - The Everything App - will bring end-to-end #encryption (E2EE) for direct messages and long-form tweets to the platform. Read: https://thehackernews.com/2022/11/elon-musk-confirms-twitter-20-will.html

During the chaos of the last few weeks, the #Ethereum market cap briefly fell below the aggregate stablecoin cap, once again. The Top 4 stablecoins USDT, USDC, BUSD and DAI make up over $138B in total, with the $ETH market cap just 2.8% higher at $142B. #glassnode

📤 Vitalik Buterin transferred 40,000 Ethereum ($48M) to the address starting with “0xd04d”. 📉 Last time this happened Ethereum crashed really hard. https://etherscan.io/address/0x220866b1a2219f40e72f5c628b65d54268ca3a9d#internaltx

Harvard paper to central banks: Buy Bitcoin! https://www.politico.com/newsletters/digital-future-daily/2022/11/22/harvard-paper-to-central-banks-buy-bitcoin-00070552

🌀Curve token jumps 50% amid squeeze on big short position🌀 https://blockchair.com/news/curve-token-jumps-50-amid-squeeze-on-big-short-position--97dcfa4920 BTC: $16192 ▪️ ETH: $1132 ▪️ XRP: $0.37 ▪️ BCH: $108

💰FTX filed for bankruptcy last week, but the cryptocurrency exchange’s founder still thinks that he can raise enough money to make users whole, according to people familiar with the matter. 🏦 Mr. Bankman-Fried, alongside a few remaining employees, spent the past weekend calling around in search of commitments from investors to plug a shortfall of up to $8 billion in the hopes of repaying FTX’s customers, the people said. 📉 The efforts to cover that shortfall have so far been unsuccessful.

FTX owes more than $5.0bn USD, $1.41bn BTC, $800mm Tether and $670mm ETH, along with loans to BlockFi, Genesis and LayerZero totaling close to $9.0bn outstanding — link

High possibility the red year for Bitcoin since 2013

FTX just pinned this message in their main telegram chat.

https://twitter.com/naiivememe/status/1590992357784424449

Binance has shared the details of its hot and cold wallets: Over $70B in reserves As part of ongoing commitment to transparency, Binance has shared the details of their hot and cold wallets’ reserves, including wallet address list. According to the shared data, a total of around $70B is held in $BUSD, $USDT, $BNB, $BTC, $ETH and $USDC by Binance.