Crypto-related stocks are rising after days of losses, tracking traditional markets higher. Coinbase and Silvergate were up more than 3% at 10:40 a.m. ET, while Galaxy Digital added nearly 5%. ...
Tag: Breaking
Bitcoin, crypto prices higher, Grayscale’s GBTC discount to NAV narrows
Crypto prices rose marginally and most crypto-related stocks were lower shortly after the open. Bitcoin was trading at around $16,800 at 9 a.m. EST, up 0.6% over the past 24 hours, according to...
Coinbase, Binance enjoy market share gains after FTX demise
The Block tracks spot market share for cryptocurrency exchanges with fiat support. Only the largest exchanges with trustworthy reporting of exchange volume metrics are included. Binance’s market...
Polygon co-founder launches web3 startup accelerator Beacon
Sandeep Nailwal, co-founder of Polygon and Symbolic Capital, has launched a web3 startup accelerator. Called Beacon, the New York City-based accelerator said it will support early-stage crypto p...
Cardano Price Analysis & Prediction (Dec 20th) – ADA Resumes Bearish After Breaking $0.3 Support, Down By 5.5% Today
Cardano’s price has dropped off crucial support after trading sideways for weeks. As a result, it has shown a strong sign of weakness again as more negative sentiments could follow the market in the c...
Wintermute sees revenue plunge but CEO remains optimistic: Forbes
Digital asset trading firm Wintermute booked $225 million in revenue during the first nine months of 2022, compared to $1 billion for all of 2021, Forbes reported. In 2021, the firm — led by for...
Ethereum Price Breaking This Confluence Resistance Could Start Recovery
Ethereum remained in a bearish zone below the $1,250 resistance against the US Dollar. ETH is attempting a recovery wave, but the 100 hourly SMA is the key. Ethereum made another to clear the $1,150 s...
Alameda gave $400 million to startup in same condo as SBF: CoinDesk
Modulo Capital, a relatively unknown firm that appears to have a lot in common with Sam Bankman-Fried and Caroline Ellison, received a $400 million loan from Bankman-Fried’s investment firm, Ala...
Most miners tracked Bitcoin lower
Most bitcoin mining stocks tracked by The Block fell on Monday, in line with the coin’s price. Bitcoin prices were around $16,600 by market close, according to data from TradingView. ...
Bankman-Fried will agree to extradition to U.S.: reports
Former FTX CEO Sam Bankman-Fried on Monday decided to agree to be extradited to the U.S. to face fraud charges, Reuters reported, citing his lawyers. The report came several hours after one of B...
Boris Johnson’s brother resigns as advisor of Binance subsidiary firm
Joseph Edmund Johnson, brother of former UK Prime Minister Boris Johnson, resigned from his advisory role to a subsidiary company of the crypto exchange Binance, the Telegraph reported. Joseph ...
Bitcoin, ether lower; Binance’s BNB up after deal to acquire Voyager assets
Crypto prices started off the week mixed, with bitcoin and ether down less than 1% and fluctuating around $16,600 and $1,170, respectively. Traditional markets were also slightly lower, with the...
Breaking: Binance.US wins bid to acquire Voyager assets
Binance.US wins the bid to secure Voyager’s assets, with the bid worth nearly $1.022 billion The customers of the defunct crypto platform will be able to access their crypto on Binance.US after the co...
No withdrawals on OKX for almost seven hours amid cloud failure
Crypto exchange OKX hasn’t processed any withdrawals for almost seven hours owing to a failure with its cloud services provider. The exchange shows a partial outage for deposits and withdr...
The Block: US prosecutors probing Bankman-Fried’s political donations: NY Times
U.S. federal prosecutors are seeking more information about political donations made to Democrat and Republican lawmakers by former FTX CEO Sam Bankman-Fried and two executives he worked with, accordi...
Sam Bankman-Fried won’t fight U.S. extradition: Reuters
Sam Bankman-Fried, the founder and former CEO of FTX, is expected to tell a court in the Bahamas on Monday he will no longer contest extradition to the United States, where he is facing criminal fraud...
Binance’s BNB, other altcoins hit hard after a humdinger of a week
Altcoins are sliding after a whirlwind week featuring a CEO in handcuffs, a central bank likely to keep hiking rates for the foreseeable future and an accounting firm that’s given up on crypto f...
Key financial regulators call for stronger licensing of crypto firms
Several key financial regulators in the U.S. cited issues with cryptocurrency firms and called for stricter licensing at a Friday meeting of the Financial Stability Oversight Council, a committee of U...
Bitcoin slips, struggles to hold $17,000, Binance’s BNB slumps even further
Cryptocurrencies and crypto-related stocks were down in line with broader financial markets after a busy week of economic data and, of course, the arrest and charging of Sam Bankman-Fried. Bitco...
Bitcoin (BTC) Extremely Close to Breaking Down to $16,000 Range
Arman Shirinyan Bitcoin is coming close to breaking down to unpleasant range Bitcoin’s performance that we saw two days ago is drastically different from what we are seeing on the market today. ...
Derivatives platform Paradigm lines up new exchange partnerships post-FTX
Paradigm, the crypto derivatives platform, suffered a big hit to trading volumes following the collapse of FTX. Now, the startup is lining up new exchange partners to try to recapture what it lost. &#...
Breaking: Are US Bank Freezing FTX Linked Bank Accounts?
FTX News: Since the Bahamian authority arrested Sam Bankman-Fried (SBF), former CEO of the collapsed Crypto exchange FTX, regulators and other institutions are gearing up to pull more charges on him. ...
Embattled crypto lender Amber Group raises $300 million
Singapore-based crypto lender Amber Group today announced a $300 million fundraise that comes amid layoffs and refocusing at the company. Amber said in a tweet that it had closed a Series C roun...
Breaking Down Revenue And Profit Trends For D2C Leader In Pet Supply
| Getty Images Key Takeaways Chewy turned a profit for the first time in the third quarter of 2022. Net sales increased 14.5% year-over-year to $2.53 billion. It plans to roll out a pet insurance opti...
First Hong Kong bitcoin, ether ETFs lure nearly $75 million with trading set to begin Friday
CSOP Asset Management, a China Southern Asset Management subsidiary, will list the first bitcoin and ether ETFs on the Hong Kong Stock Exchange on Friday. CSOP Bitcoin Futures ETF and CSOP Ethe...
Committee to represent creditors formed in FTX bankruptcy case
A committee to represent unsecured creditors and serve as the voice for most FTX customers in court was established in the U.S. bankruptcy case of FTX and its affiliated companies. The formation...