The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO ...
Tag: Bitcoin
Flustered Bitcoin investors could expect a quiet start to the week thanks to…
BTC’s MVRV Index indicated a possible market bottom Number of Addresses Holding 0.01+ Bitcoins reached an ATH The current cycle in the crypto market was seen favoring sellers. This was the reason for...
Bitcoin price analysis: BTC could boost up to $18,200 after consecutive days of decline
Bitcoin price analysis shows price decline deepened a further 3 percent over today’s trade, as price went down to $16,200. BTC has been in consistent decline since November 6, and a further 4 pe...
Kraken CEO Discusses Impact of FTX Failure — Says Damage to Crypto Industry Is Huge, Will Take Years to Undo – Featured Bitcoin News
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re go...
Cryptocurrency Solana Collapses in FTX Scandal
Solana, considered, until recently, to be one of the cryptocurrencies with a promising future, is in the process of completely collapsing. The token lost 61.6% of its value in the last seven days, acc...
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto – Regulation Bitcoin News
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now work...
Bitcoin Bull Anthony Pompliano Says Confidence Game Now Over for Crypto Industry
Longtime Bitcoin (BTC) supporter and entrepreneur Anthony Pompliano says that people in the crypto space are underestimating just how much damage has been done to the industry following the collapse o...
3,500 Bitcoin Transferred After Being Dormant For 11 Years
9 seconds ago | 2 mins read Bitcoin News This is the first significant awakening of long-dormant bitcoins in months. The first 500 of the 3,500 bitcoins were sent to the address “1roet.” After being d...
Royal Bahamas Police Force Reveals FTX Is Being Investigated for ‘Criminal Misconduct’ – Bitcoin News
“A team of financial investigators” are currently investigating the now-defunct crypto exchange FTX, the Royal Bahamas Police Force said in a statement shared on Sunday. The police noted that the fina...
FTX implosion leads to aggressive Bitcoin accumulation for investors
The recent crash of FTX has led to massive capitulation for major cryptocurrencies, with Bitcoin (BTC) trading as low as $15,682 during the last seven days. However, the decline of the flagship digita...
Bitcoin Price Analysis Hints A Revisit To $18200 Mark; Should You Buy?
Published 8 seconds ago The Bitcoin price falling for three consecutive days registers a 6.5% loss. With sustained selling, the prices could drop another 3.8% to retest the $16000 support. With the pa...
Bitcoin, Binance Coin, Helium, and Loopring Daily Price Analyses – 13 November Morning Prediction
The global crypto market has seen no positive change over the last day. The performance of Bitcoin, Binance Coin, and others continues to show losses. The market has witnessed a decline in value due t...
Weekly Crypto Market Performance Review Amid FTX Implosion
The digital currency ecosystem is trading with massive volatility that was engineered by the collapse and eventual bankruptcy of the FTX derivatives exchange over the past week. The combined crypto ma...
Huobi Reveals its Holdings to be $3.5B in Hot and Cold Wallets
The tension that arose in the crypto space due to the fallout of the FTX exchange has brought about the need for crypto exchange platforms to become transparent as regards their financial position. Hu...
Kraken Freezes All FTX Group Linked Accounts
Kraken Exchange has announced that accounts belonging to FTX, Alameda Research, and their executives have been frozen after FTX filed for bankruptcy protection in the United States. According to a twe...
Bitcoin Price Analysis: Orbiting 16882
BTC/USD Awaiting Technical Guidance: Sally Ho’s Technical Analysis – 14 November 2022 Bitcoin (BTC/USD) awaited fresh technical guidance early in the Asian session as the pair was confined to a relat...
Was This Capitulation or More Pain Ahead for BTC Following the FTX Bankruptcy? (Bitcoin Price Analysis)
Market participants are going through a period of fear and uncertainty as the FTX exchange has recently announced bankruptcy after facing a massive liquidity crunch. As a result, Bitcoin plunged and m...
FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags – Altcoins Bitcoin News
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT to...
Analyst Who Called May 2021 Bitcoin Crash Says BTC Can Absorb Most Horrendous News
The crypto strategist who accurately predicted Bitcoin’s collapse last year believes BTC can handle even the most unfavorable developments. Pseudonymous analyst Dave the Wave tells his 130,200 Twitter...
Wrapped Tokens Issued by FTX or Alameda Slumps, No Longer Redeemable
Following the filed Chapter 11 bankruptcy from FTX, the wrapped tokens issued by the crypto exchange or its sister trading shop Alameda Research have now undergone a price decline. According to data f...
How to build a Bitcoin Beach: Advice from the pros
How does one build a Bitcoin (BTC) community? How to start? Where to begin? And what are the best practices? Cointelegraph spoke to Bitcoin community builders around the world to shed light on a grow...
Crypto Exchange Kraken Freezes Accounts of FTX, Alameda Research, Their Executives – Exchanges Bitcoin News
Crypto exchange Kraken has frozen a handful of accounts owned by the bankrupt FTX Group, Alameda Research, and their executives. Kraken has been in contact with law enforcement after discovering that ...
Mercedes F1 Team Terminates FTX Partnership
Mercedes formula one (F1) team suspended its sponsorship deal with troubled crypto exchange FTX. Therefore, starting with the Brazilian Grand Prix, the team’s cars will not bear FTX logos. Mercedes ...
St. Kitts and Nevis to adopt Bitcoin Cash as legal tender in 2023
St. Kitts and Nevis Prime Minister Terrance Drew announced that BCH will become legal tender in the country by March 2023 during a BCH conference in St. Kitts and Nevis. He added that the country will...
The Mysterious FTX Debacle, Tim Draper’s BTC Price Prediction, More Support for Ripple in SEC Lawsuit — Week in Review – The Weekly Bitcoin News
As theories proliferate wildly about the true nature of what happened to failed crypto exchange FTX, little is yet clear to the crypto community. Former CEO of FTX Sam Bankman-Fried has addressed the ...
$3 billion in Bitcoin left exchanges this week amid FTX contagion fears
Bitcoin (BTC) investors are withdrawing funds from exchanges at a rate not seen since April 2021 with nearly $3 billion in Bitcoin withdrawn over the past seven days. New data from on-chain analytics ...
Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing – Featured Bitcoin News
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptc...
Bitcoin Lightning Is Now Available on 1xBit
[PRESS RELEASE – Please Read Disclaimer] The Bitcoin Lightning Network is now a reality 1xBit, the crypto sportsbook. Just like its name, it promises to change how Bitcoin transactions work and offer ...
Bitcoin (BTC) Miners Sell Most in 5 Years
The bear market has been going on for a year now. Who still has the strength to sell their BTC after 365 days of suffering and pain in the crypto market? The answer is simple: Bitcoin miners. Rising g...