Bitcoin holders, whales, and miners: The impact of FTX on the state of BTC

Bitcoin HODLers withdraw historic amounts of BTC from exchanges Miners continue to feel the pressure amidst the FUD The mistrust in exchanges has continued unabated ever since the FTX collapse. Now, i...

Edward Snowden Itching To Buy The Bitcoin Dip At $16.5K

Edward Snowden, the famous whistle-blower and an influential voice for privacy, has taken to Twitter to say that he’s finally itching to buy the Bitcoin dip since March of 2020. This comes after the d...

Bitcoin Price Consolidates, Why 100 SMA Could Start A Decent Recovery

Bitcoin price remained stable above the $16,000 support zone. BTC could start a decent recovery wave if there is a clear move above the 100 hourly SMA. Bitcoin remained well bid above the $16,000 and ...

Bitcoin Price Prediction- Is $18k Coming Back Today?

Join Our Telegram channel to stay up to date on breaking news coverage The past couple of weeks have been very turbulent for the crypto industry with FTX, one of the largest crypto exchanges collapsin...

Bitcoin Mining Firm TeraWulf Raised $17M of Capital in Q3, But Cash Reserves Remain Low

In the same quarter, TeraWulf significantly increased its hashrate, or computing power, and energy capacity that could be used for deploying mining machines. About 50 megawatts (MW) of power were brou...

Fallen FTX Founder Cheated to Make More Money on His Platform

The founder of crypto exchange FTX Sam Bankman-Fried allegedly bought crypto tokens before they were listed on the platform, according to a Wall Street Journal article. FTX’s trading firm, Alame...

Bitcoin Will Make It — Dogecoin to the Moon – Markets and Prices Bitcoin News

Tesla CEO and Twitter chief Elon Musk has made bullish statements about bitcoin and dogecoin despite crypto market sell-offs. He said bitcoin “will make it” and “DOGE to the moon.” Amid crypto winter ...

Bitcoin derivatives data reflects traders’ mixed feelings below $17,000

Bitcoin (BTC) lost 25.4% in 48 hours, bottoming at $15,590 on Nov. 9 as investors rushed to exit positions after the second-largest cryptocurrency exchange, FTX, halted withdrawals. More importantly, ...

The Block: Bitcoin mining stock report: Monday, November 14

Bitcoin stocks broadly traded down on Monday, Nov. 14.  Bit Digital clocked the biggest gains on Monday, adding 3.64%. Elsewhere, TerraWulf and Mawson Infrastructure Group also added modest gain...

Matt Damon Crypto.com’s Coin Is in Free Fall

Days after the FTX debacle, all eyes are now on rival Crypto.com. Investors worried about the magnitude of the consequences caused by this shock wonder if there are not other corpses in the drawers of...

FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ – Exchanges Bitcoin News

Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the crypto exchange, he said it’s a turning point for the industry, emphasizing that the “crypto bot...

Bitcoin Mining Firm Canaan Sees 74.8% Decline in Profit for Third Quarter

Chinese ASIC-maker Canaan Creative announced a 74.8% drop in gross profit for the third quarter as Bitcoin prices cause miners to operate at a loss. The company racked up a profit of approximately $32...

Elon Musk on Twitter: Bitcoin will make it

Today Elon Musk wrote on Twitter that Bitcoin will make it.  BTC will make it, but might be a long winter — Elon Musk (@elonmusk) November 14, 2022 However, he also added that the crypto winter will b...

$3 Billion in Bitcoin Left Exchanges This Past Week

The chaos that ensued following the FTX scandal the past week has caused much uncertainty in the market. Investors have lost confidence in institutions and exchanges holding their funds and have respo...

Ikigai Exec Says ‘Large Majority’ of Crypto Asset Management Firm’s Funds Stuck on FTX – Bitcoin News

After Kevin Zhou, the co-founder of the hedge fund Galois Capital, revealed half of the firm’s assets were held on FTX, another crypto asset management firm called Ikigai detailed that “a large majori...

World’s Biggest Crypto Fund Hits Record 42% Discount to Value of Bitcoin It Holds

(Bloomberg) — Problems are multiplying for the world’s biggest crypto fund as chaos engulfs the industry in the wake of exchange FTX’s shock bankruptcy filing. Most Read from Bloomberg The $11.4...

Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report

In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case? The past few months have seen Bitcoin hitting high-water marks including all-...

Bitcoin price analysis: BTC rejects $17,000 resistance, swift decline incoming?

Bitcoin price analysis is bearish today as we have seen rejection from the $17,000 resistance and steady selling over the past hours. Likely selling will continue overnight, leading BTC/USD to break p...

Trust Wallet: The Rise of Bitcoin Custody

A number of non-custodial wallets for Bitcoin, most notably Trust Wallet, are enjoying a lot of success in recent days.  It all stems from the suspension of withdrawals on FTX, and its subsequent fail...

Bitcoin Price Analysis: Orbiting 16920

BTC/USD Volatility Remains Elevated:  Sally Ho’s Technical Analysis – 15 November 2022 Bitcoin (BTC/USD) remained quite volatile early in the Asian session as the pair continued to orbit the 16920.16 ...

Edward Snowden Plans to Buy Bitcoin Again Amid Crypto Market Slide

With Bitcoin having recently touched its lowest price point in 2022, some Bitcoin enthusiasts feel that now is a good time to buy.  One of them is Edward Snowden. The ex-NSA contractor said on Monday ...

After FTX Debacle, Exchange Distrust Among Bitcoin Investors Grows

On-chain data shows Bitcoin investors have been withdrawing large amounts from exchanges as distrust around them has grown recently. FTX Debacle Leads To More Bitcoin Investors Distrusting Exchanges A...

Bitcoin, Ethereum Price Prediction- Hints Upcoming Relief Rally In Crypto Market

Published 8 hours ago Bitcoin, Ethereum price prediction: the BTC and ETH price showing sustainability above their respective support gives major altcoins a significant boost to chase higher levels. M...

How Bitcoin Payments Can Benefit Your Business

The way we make online payments is evolving as the world gets more computerized. Bitcoin is a distributed cryptocurrency that provides a safe, quick, and inexpensive means to conduct online payments. ...

US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins – Bitcoin News

According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to fr...

High number of Bitcoin investors withdrawing crypto funds from exchanges after FTX crash

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Bitcoin miner Canaan seeks to expand operations despite decline in Q3 revenue

Bitcoin miner Canaan reported a fall in the third-quarter results with revenue seeing a fall of 25.8% from the year-ago quarter. Non-GAAP net income for the quarter was $23.4 million, a decrease of 71...

Edward Snowden, Elon Musk Optimistic About Bitcoin Despite FTX Collapse

Key Takeaways Edward Snowden stated on Twitter today that he wanted to increase his exposure to Bitcoin. Elon Musk similarly expressed optimism towards the top cryptocurrency’s fate. Their comments co...

Unknown Entity Becomes Largest Bitcoin Whale in Existence After Accumlating $2,400,312,823 in BTC: On-Chain Data

A mysterious Bitcoin holder has quietly become the biggest non-exchange BTC whale in the world after accumulating 144,664 coins worth over $2.4 billion at time of writing. According to data from BitIn...

Bitget Prepares 5 Million USD Builders Fund to Help Users Distressed by FTX Collapse – Press release Bitcoin News

press release PRESS RELEASE. Nov 14th, 2022 – Leading global cryptocurrency exchange Bitget announces that it has set aside a 5 Million USD worth of Builders’ Fund, aiming to help those affiliates, in...

Quant Points Out Striking Resemblance Between 2017 And 2021 Bitcoin Cycles

A quant has pointed out the similarities between the 2017 and 2021 Bitcoin cycles, something that could hint at how the rest of this bear market might play out. Both 2017 And 2021 Bitcoin Cycles Saw N...

Bitcoin Diverges From Tech Stocks as FTX Fallout Continues

Bitcoin is once again diverging from its correlation with equities as traders react to a disappointing earnings season and the latest news on FTX’s bankruptcy filing.  The largest digital currency’s 3...