In the wake of the FTX collapse, formerly the second-largest exchange in the world, its competitors are taking over its trading volume and market share. The nascent sector is still suffering the conse...
Tag: Absorbed
Alameda Research Ventures Absorbed by FTX
Cryptocurrency exchange FTX subsumed the venture capital arm of Alameda Research, consolidating billionaire Sam Bankman-Fried’s crypto empire against the current climate. Alameda Chief Executive Offic...
Crypto Winter Is Behind, Damage Absorbed: Expert Mohamed A. El-Erian
Yuri Molchan Economist and businessman Mohamed A. El-Erian cites an opinion that now crypto has a better base to go forward, here’s why Contents “Damage has been absorbed” Tesla dumps $940 million wor...
Bitcoins Sold by Luna’s Foundation Guard Absorbed by Addresses With Less Than 100 BTC (Report)
Amidst the market-wide chaos, it is the mid-sized Bitcoin holders that have held on to the old investment adage of “buy the dip.” Data suggested that entities holding less than 100 BTC in their wallet...
Analysts: Bitcoin short-term sell pressure is absorbed by long-term holders
The Bitcoin market fell below $39,000 after the Easter holidays as “weak hands” continued to sell, forcing prices down to a local low at $38,729 before bouncing back. This uptake is driven by persiste...