Sam Bankman-Fried, Tom Brady and Steph Curry named in lawsuit over FTX collapse

Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, has not had a good couple of weeks. The crypto maven known as SBF has seen his company go bankrupt and his net worth drop by billions of ...

BTC/USD Bears May Slide Below $16,000 Support

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC is likely to cross below the lower boundary of the channel as the coin touches $16,35...

Why do people invest in crypto? ‘It’s partly fraud and partly delusion’: Charlie Munger

““The country did not need a currency that’s good for kidnappers.”” — Charlie Munger Charlie Munger, vice chairman of Berkshire Hathaway BRK.A, +0.35%, is not a big fan of crypto, and he shared some f...

BTC/USD May Retrace Above $17,000

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction rebounds from the early dip at $16,502 as the buying interest may increase above the resistance leve...

Bitcoin Price Prediction for Today, November 14: BTC/USD Rejects $18k Level

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction indicates bearish movement as the coin fails to cross above the 9-day and 21-day moving averages. Bi...

Opinion: Pain and losses in crypto will clear out the losers and strengthen the case for bitcoin

Cryptocurrency is a mess right now. And rightly so. I wrote about buying bitcoin for MarketWatch in 2013 when it was trading for $100, but I’ve spent the past year or so warning that most newer crypto...

BTC/USD Risks Fresh Drop Below $16k

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC is yet to gain strength above the moving averages as the coin heads to the downside...

Investors may be whistling past the graveyard of a recession with latest rally in stocks

Investors feeling giddy about last week’s sharp rally for stocks might want to give a listen to Tom Waits’ song, “Whistlin’ Past the Graveyard” from 1978, to sober up for the dangers that still lurk a...

BTC/USD Could Obtain Strong Support Below $17k

Join Our Telegram channel to stay up to date on breaking news coverage The daily chart reveals that the Bitcoin price prediction may extend the bearish movement to the areas below the support level of...

‘Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything’: MicroStrategy’s Michael Saylor

“‘Bitcoin will be the winner because bitcoin is a digital commodity and it’s the least controversial of everything.’” — Michael Saylor, MicroStrategy In an interview Thursday morning on CNBC, MicroStr...

FTX’s stunning collapse nothing like Theranos, says venture investor and crypto bull Tim Draper

Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos...

FTX bankruptcy: Tom Brady, Steph Curry set to lose big from company’s collapse

Former FTX CEO Sam Bankman-Fried lost his entire $16 billion fortune in just a few days after his company filed chapter 11 bankruptcy protection on Friday, but he’s not the only high-profile investor ...

‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy

Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an in...

You need to understand the FTX debacle even if you have no investments in crypto

The sudden collapse of FTX, the world’s third-largest cryptocurrency exchange, underlines how important it is for any investor to learn about the risks they take when they park their money with a ligh...

Market Losses Can Reduce Your Tax Bill for Years. Here’s How.

This year’s market mayhem could shave your tax bill for years to come. With just weeks to go, 2022 is poised for steep negative annual returns in both stocks and bonds, a correlated collapse that has ...

FTX lent over half of its customer funds to affiliated trading firm: WSJ

Embattled crypto exchange FTX, once the third-largest crypto exchange by trading volume, reportedly lent more than half of its customer funds to its affiliated trading firm Alameda Research, exposing ...

Crypto Is Losing a Big Trader. A Top Exchange May Also Be Worthless.

The world of cryptocurrency remains in turmoil. The dust hasn’t settled, but it looks like the market will lose one one of its most influential trading firms, and possibly one of the largest exchanges...

Binance CEO in internal memo: ‘I had very little knowledge of the internal state of things at FTX’

“‘It was less than 24 hours ago that SBF called me. And before that, I had very little knowledge of the internal state of things at FTX.’” — Changpeng Zhao, CEO of Binance Binance CEO Changpeng Zhao o...

MicroStrategy stock tumbles, as bitcoin prices fall well below ‘low watermark’ for carrying value in Q3

Shares of MicroStrategy Inc. MSTR, -19.58% tumbled 14.4% toward a four-month low, in midday trading Wednesday, and has plunged 34.5% amid a three-day losing streak, as the software company-bitcoin pla...

BTC/USD Touches $17,500; Is that all for Bulls?

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC continues to head to the downside as its price moves below $18k to touch the new lo...

Binance Takeover of FTX Is a Huge Red Flag for Crypto

One of the most dangerous moments in any hurricane is when the eye passes. Gale winds give way to calm, tempting those hunkering down to come out and assess the damage only to find that more of the st...

Here’s the trouble under the hood at Warren Buffett’s Berkshire Hathaway

It’s midterm day in America, so pack your weapon (where legally permitted), have your local election lawyer on speed dial and get out the popcorn. U-S-A, U-S-A. More on that later. The company lost $2...

BTC/USD Risks Fresh Drop Below $20,500 Support

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction reveals that BTC is yet to gain strength above the channel as the coin shows a few bearish signs. Bi...

Bitcoin Price Analysis (BTC-USD) – The Cryptonomist

Bitcoin Analysis  Bitcoin’s price painted a green candle on the weekly time frame to close last week but took a step back on Sunday and when traders settled-up for BTC’s daily session, BTC was -$382.2...

BTC/USD Trades below $22,000 Resistance

Join Our Telegram channel to stay up to date on breaking news coverage After touching the daily high of $21,365, the Bitcoin price prediction is down to touch a low of $21,143; no quick recovery seems...

Bitcoin Price Prediction for Today, November 4: BTC/USD Swings Above $21,000

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction restarts the uptrend after crossing above the critical barrier of $21,000 to touch the daily high of...

BTC/USD Range-bounds; A Recovery to $21k Resistance?

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC slumps below the resistance level of $20,390 as further downside momentum appears to ...

BTC/USD Price At Risk; Bulls Defend $20,000 Support

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction is currently consolidating and seems to be preparing for the next move below the 9-day and 21-day mo...

BTC/USD Moves to Hit $21k Resistance

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC could retest the $20,500 level for it to experience a steady increase above the movin...

BTC/USD Gets Ready to Hit $21,000

Join Our Telegram channel to stay up to date on breaking news coverage As the Bitcoin price prediction shoots above $20,500, the bulls are ready to push the king coin to touch the resistance level of ...

BTC/USD Prepares to Hit $21,000 Resistance

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC is trading at $20,656 as the coin seems to be preparing for another upward movement. ...

BTC/USD Fails to Break $21,000

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction slumps below the resistance level of $20,878. Further downside momentum may come to play, but $20,00...