📈 30 Second Cryptocurrency Price Summary
Current Bitcoin Price: $16,612
Bitcoin price is still hovering within the $16,000 range today, however appears to be putting some pressure on recent resistance levels.
Top-20 altcoins are in the green, as Ethereum gains 4% over the last 24 hours, BNB rises 2% and Solana leads with an 11% recovery.
Top Stories for November 24, 2022 🔥
Blockchain company ConsenSys is receiving backlash after revealing it is gathering user IP and wallet address data, affecting the popular MetaMask wallet.
The revelation has caused a stir within the crypto community, who are now scrambling to find alternative RPCs or entirely new Web3 wallets due to privacy concerns.
Jump Crypto and Aptos Labs are two of the top companies contributing to Binance’s industry recovery initiative (IRI), with additional participation from Polygon Venture, Animoca brands and others.
Due to the high contributions so far, Binance plans to double the fund’s raise to $2 billion, with further participation expected in the future.
The fund will buy distressed crypto assets affected by the market downturn and contagion from the several centralized entities that collapsed in during the bear market.
Former FTX founder and CEO Sam Bankman-Fried has somehow earned himself a speaking appearance at the upcoming New York Times-funded New York City conference – despite allegations of fraud, theft and more after the collapse of his exchange.
The NYT and several other mainstream media publications have been criticised by the community and FTX’s victims for publishing articles that appear to endorse Bankman-Fried, while glossing over his misplacement of billions in customer funds.