Binance unveils themed gift cards and secret Santa events for Christmas

Binance crypto exchange has launched its Christmas holiday-themed promotions where users can send Binance Gift Cards to friends and family and qualify for Secret Santa and Mystery Box events loaded with juicy rewards.

The Binance Christmas promo

Bitcoin Eyes $17K, Ethereum Classic Jumps 5% (Market Watch)

Ethereum Classic is among today’s best performers, while the rest of the market sits quietly.

Bitcoin tried its hand at taking down $17,000 hours ago but was stopped in its tracks and now sits close by.

Most altcoins are with insignificant gains or losses, aside from ETC, which pumped by around 5% in a day.

Polygon Founder Sandeep Nailwal Launches Web3 Acceletor Beacon

The founder of Polygon – Sandeep Nailwal – has assembled a team of founders gathered from the entire Web3 ecosystem – and has launched a startup accelerator to power the future growth of the nascent industry.

Enters Beacon

Beacon is a Web3 accelerator built by Web3 founders, including Nailwal and other well-known names in the field, such as:

Uri Stav, former CSO at DCG

Prateek Sharma, former VP at Sequoia Capital

Kenzi Wang, co-founder at Symbolic Capital

FTX Creditors Could Recover up to 40% of Their Funds, Says Jefferies

 Femenia maintained FTX victims could retrieve between 20% and 40% of their investment.

The global investment banking firm – Jefferies Group – reportedly determined FTX creditors could retrieve as much as 40% of their lost money.

In an interview for The Block, Joseph Femenia – Global Head of Distressed Debt Trading at Jefferies – said there’s light in the tunnel for FTX creditors who could recover between 20% and 40% of their assets. 

Metaverse to impact vacation planning in 2023

 A new study published on Saturday by booking.com revealed that as more borders open up due to easing of the COVID-induced travel restrictions, the metaverse, one of the newest digital ecosystems, will allow tourists to pick and select the regions they want to explore in person.

Better vacation spot selection with the use of metaverse

A Booking.com study shows that the Metaverse, one of the most recent virtual ecosystems, will help visitors and tourists decide which locations they wish to visit in person.

Will Bitcoin Price Winter Continue in 2023? 8 Key Considerations

Which way bitcoin’s price will go next is a question with many zeroes on it for many crypto investors as we finish 2022. Who knows? Here are 8 key factors to consider.

In 2022 Bitcoin, Ethereum, and the bevy of altcoins riding on the original gangster cryptocurrency’s very long coattails weathered their most brutal crypto winter to date. Of course, the cryptocurrency industry is eager for an end to the long, drawn-out Bitcoin price winter.

From Bitcoin miners and mining pools to Layer-2 chain developers like the Lightning Network to crypto day traders and crypto investors – confidence is shaken, fear and greed are high, and the metaphorical blood just keeps pouring out into the streets. When will it end?

Demand for crypto assets high despite deep market corrections

 Despite the current crypto winter, US Financial Advisors (FAs) are seeing substantially more investor interest in digital assets. According to Coalition Greenwich survey data by Talos, 92% of high net worth (HNW) and affluent mainstream clientele prefer crypto assets in their portfolios. 30% of the 537 FAs stated they had already recommended or planned to recommend certain digital asset investment products in the next three months.

The crypto winter has yet to affect digital assets demand among high-net-worth investors.

Recent research by Talos showing that digital assets are maintaining demand among HNWs is fascinating, considering it was carried out during the third quarter of 2022, immediately after the collapse of TerraUSD, Luna, and Three Arrows Capital, which rocked the world of digital assets and came before the fall of FTX.