Bitcoin’s price was gravely impacted by the failure of FTX. On-chain metrics suggested a shift in HODLer’s behavior. The sudden collapse of Sam Bankman-Fried’s crypto empire left the general cryptocur...
Tag: Bitcoin
Turkey’s Financial Intelligence Unit Launches Investigation Into FTX Collapse – Exchanges Bitcoin News
The Turkish agency responsible for tackling money-related crime has initiated an investigation against troubled crypto exchange FTX. Days after the trading platform filed for bankruptcy in the United ...
Bitcoin Cash: Why a small move upward could offer a BCH shorting opportunity
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure was bearish for BCH on higher...
Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration – Economics Bitcoin News
A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization. The proposal, made by seve...
Bitcoin Consolidates Below $17K as SBF’s Twitter Rant Goes On (Market Watch)
Bitcoin tried its hand at overtaking $17,000 hours ago but was stopped once the UK inflation data came out. Most altcoins have also turned red today with slight losses. Meanwhile, SBF’s Twitter rant c...
African Crypto Industry Leaders’ Perspective and Advice to Regulators – Bitcoin News
The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In Africa,...
Bitcoin Price Prediction: BTC Trades Over 20 SMA on Chart, Is it a Credible Recovery?
Bitcoin price is just above its two-year low, and more accumulation is needed. After the massive decline, buyers are barely trying to manage the BTC price above the 20 SMA on the 4-hour chart. The buy...
Bitcoin To Get Uglier In The Next Six Months, Claims Top Analyst
The crypto market appears to be slightly recovering as the major cryptocurrencies are flashing green. However, these large cap cryptocurrencies are still way behind their key levels. The first born cr...
Cryptopunks Climb Past Bored Ape NFT Floor Values Amid Crypto Market Carnage – Markets and Prices Bitcoin News
During the last five days, non-fungible tokens (NFTs) stemming from the Cryptopunks NFT collection have surpassed Bored Ape Yacht Club (BAYC) NFTs in terms of floor value. Statistics over the last ten...
Cathie Woods’ ARK Buys 315K Shares in Grayscale’s Bitcoin Trust
Ark Investment Management purchased 315,259 shares worth about $2.8 million in the Grayscale Bitcoin Trust (GBTC) with GBTC currently trading near a record discount to net asset value (NAV) following ...
Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’ – Exchanges Bitcoin News
Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested...
Pantera Capital Reveals $149,000 Bitcoin Price Target – Here’s the Timeline
Crypto fund Pantera Capital says that the next Bitcoin (BTC) halving event will spark a bull rally beginning in early 2024. Pantera Capital CEO Dan Morehead and other executives are telling investors ...
Nayib Bukele Defends Bitcoin and Calls FTX a “Ponzi Scheme.”
El Salvador president Nayib Bukele compares the FTX exchange to a Ponzi scheme and hails Bitcoin’s scarcity and deflationary properties. Bukele lumped the Bernie Madoff case, Enron, WorldCom, and Sam ...
Anthony Scaramucci, Former Trump Ally, Lost Money in FTX Collapse
The abrupt implosion of the cryptocurrency exchange FTX, valued at $32 billion in February, resonated like an earthquake in the crypto industry and business circles. Overnight, many retail and institu...
Bitcoin Investors Become Wary Of Crypto Exchanges Following The FTX Crises
The sudden collapse of the FTX exchange has sent shock waves throughout the Bitcoin crypto world. The Bankman-Fried-led crypto empire hailed as an industry leader has filed for bankruptcy, creating wi...
Bitcoin Price Analysis: BTC Recovery Could Face Hurdles
Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $18,000 and the 55 simple moving average (4-hours). There was a break above a short-t...
Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure – Featured Bitcoin News
A Citi analyst has warned of a serious risk of broader contagion to the crypto ecosystem stemming from the collapse of crypto exchange FTX, noting that the contagion “can last for a significant amount...
This country to adopt Bitcoin Cash as legal tender in the next year
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FTX Collapse About to Claim First Huge Victim: BlockFi
The first big victim of the unexpected collapse of the FTX cryptocurrency exchange has now emerged. It’s cryptocurrency lender BlockFi, which was bailed out last summer by FTX and its founder a...
Crypto Whales Accumulating Bitcoin Amid FTX Crash
FTX Crash: Sam Bankman-Fried’s FTX triggered collapse has left the digital asset market red. Bitcoin (BTC) and Ethereum (ETH) prices have suffered a decline of over 15% due to the fall of the FTX. How...
Mark Cuban Says FTX Implosion Isn’t Crypto Blowup — Explains Why He Invests in Crypto – Featured Bitcoin News
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He al...
SEC pushes deadline to decide on ARK 21Shares spot Bitcoin ETF to January 2023
The United States Securities and Exchange Commission, or SEC, has extended its window to decide on whether shares of ARK 21Shares’ Bitcoin exchange-traded fund could be listed on the Chicago Board Opt...
Bitcoin, Ethereum, Tron, and Avalanche Daily Price Analyses – 15 November Roundup
The global crypto market has returned to usual business as it turned bullish. The recent changes for Bitcoin, Ethereum, and others show considerable change. As the market has witnessed fluctuations ov...
Fallen FTX Reveals Top Creditors on Friday
Insolvent cryptocurrency exchange FTX could have as many as one million investors who are seeking to recoup their losses. The Bahamian-based brokerage filed for bankruptcy after facing massive liquidi...
Why Bitcoin may have reached its bottom
Join Our Telegram channel to stay up to date on breaking news coverage The 2022 crypto bear market has been extremely difficult for crypto investors. But, if you’re not too late, bear markets can lead...
Yellen Says FTX Collapse Shows Weaknesses of Entire Crypto Sector — Fed’s Brainard Pushes for Strong Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the entire...
Bitcoin Price Stuck Below $17K, What Could Spark A Decent Increase
Bitcoin price is attempting a recovery wave from the $16,000 support zone. BTC could start a decent increase if it clears the $17,000 and $17,200 resistance levels in the short term. Bitcoin is slowly...
You’ve Probably Heard of Dogecoin and Bitcoin, But There Is A Better 1000x Potential With Snowfall Protocol!
Dogecoin (DOGE) and Bitcoin (BTC) are two of the most popular cryptocurrencies in the world. Dogecoin (DOGE) was created as a “joke currency” but has since become one of the most valuable digital curr...
The Block: Bitcoin mining stock report: Tuesday, November 15
Most bitcoin mining stocks tracked by The Block trended upward on Tuesday, some by double digits. Bitcoin was trading at around $16,800 by market close, according to data from TradingView. ...
Silvergate stock sinks 12% on FTX links
Crypto bank Silvergate shares tanked 12% as the ripple effects of FTX’s collapse continue. Last week, the La Jolla-based crypto bank said its exposure to FTX was limited to deposits, but ...