In the middle of an already challenging year, the FTX crash has made things much more tough for Solana, and many in the cryptocurrency industry seem to believe that the project will ultimately fail. T...
Tag: Collapse
Philippine Regulator Warns Against Using Unlicensed Cryptocurrency Exchanges Following FTX Collapse – Regulation Bitcoin News
The Philippine Securities and Exchange Commission (SEC) has advised investors against transacting with unlicensed cryptocurrency exchanges. The warning followed the collapse of crypto exchange FTX whi...
Tesla’s 2022 Collapse Hits 69% After Deepest Selloff Since April
(Bloomberg) — The tailspin in Tesla Inc. shares accelerated Tuesday, marking their longest losing streak since 2018, as a report of a plan to temporarily halt production at its China factory rek...
On-Chain Analyst Willy Woo Updates Bitcoin Bear Market Outlook, Says BTC Can Collapse Fiat System at Certain Price
Leading on-chain analyst Willy Woo is making a prediction for when the current Bitcoin (BTC) bear market could reverse course. Woo tells his one million Twitter followers that he thinks the BTC bear m...
Trader Known for Calling May 2021 Crypto Collapse Says Bitcoin Flashing Historic Rally Signal, Weighs In on Ethereum
An analyst and trader known for calling the crypto market collapse of May 2021 says that Bitcoin (BTC) is now flashing historic signs of a new bull run. The pseudonymous trader known as Dave the Wave ...
Top 9 Craziest Crypto News of this Year; Bitcoin Collapse, SBF Arrest
Craziest Crypto News: SBF, the former FTX CEO, was the second wealthiest crypto person in the month of February this year. As of December, SBF was arrested on 8 different charges and is awaiting trial...
DeFi trader Mercurial rebrands to distance itself from FTX collapse
Stablecoin DEX Mercurial is rebranding to Meteora in an attempt to distance itself from FTX. Mercurial, which provides liquidity for major stable and pegged assets on Solana, said it will repla...
The news on the collapse of the FTX crypto exchange
The matter is still unresolved, despite various rumors the events surrounding the collapse of the powerful crypto exchange FTX continue. The situation is now at a very delicate point, although it seem...
How BofA came back from the brink of collapse
The 2008 financial crisis had a devastating impact on Bank of America. Shares of the bank were trading for as low as $2.53 in 2009 and net income dropped from a high of $21 billion in 2006, to just $4...
More Than $19 Billion in BTC, ETH, Stablecoins Left Exchanges Since the Onset of FTX’s Collapse – Bitcoin News
For more than 50 days or since Nov. 5, 2022, bitcoin, ethereum, and stablecoin owners removed roughly $19.19 billion in crypto assets from centralized exchanges. Between Nov. 5 to Dec. 26, roughly 356...
Binance (BNB) Price Might Face 2008-Style Macro Collapse, Warns Analyst
BNB was one of the best-performing cryptos in 2022, but it may crash in 2023. The exchange did well till now despite the FTX crash and other issues. As the year ends, the coin’s future seems gloomy, a...
Philippine SEC warns against unlicensed crypto exchanges amid FTX collapse
After the height of the FTX collapse, the Philippine government warned investors within the country about using unlicensed crypto exchanges. The Securities and Exchanges Commission (SEC) in the Phili...
Analyst Nicholas Merten Says Binance Coin (BNB) Primed To ‘Fall off a Cliff’, Warns of 2008-Style Macro Collapse
Widely followed crypto analyst Nicholas Merten says Binance Coin (BNB) looks like it’s on the verge of collapsing despite holding up relatively well compared to other altcoins. In a new video update, ...
FTX collapse calls for ‘prudent regulation’ in the UK
The collapse of FTX is being viewed as a cautionary tale and a precursor for more prudent regulation by public and private sector players in the United Kingdom. Bank of England deputy governor Sir Jon...
Ravencoin Price Collapse 45%, Will Bulls Recover This Loss Soon?
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Caroline Ellison Issues an Apology for Her Behavior in the FTX Collapse
Join Our Telegram channel to stay up to date on breaking news coverage Caroline Ellison, a close friend of FTX founder Sam Bankman-Fried, apologized in court this week as she entered a guilty plea to ...
Collapse of FTX Can Bring SEC Closer to Banning Cryptocurrencies
The US SEC has already launched its first attack declaring that FTX’s native cryptocurrency FTT token was a security. The dramatic collapse of the crypto exchange FTX last month has sent shockwaves ac...
Caroline Ellison Apologizes for Misconduct in FTX Collapse
Caroline Ellison, a close associate of FTX founder Sam Bankman-Fried, apologized in court this week as she pleaded guilty to fraud and other offenses, telling a judge that she and others conspired to ...
AAX collapse: Suspects arrested for misleading the police
On November 13, two days after FTX’s bankruptcy filing, AAX suspended all withdrawals from the platform and went silent on its investors. Earlier the same week, AXX announced that it had no connectio...
Amazon Nightmare Is Reminiscent of the Dotcom Collapse
It’s a dark year for Amazon. A year to forget. The e-commerce giant undoubtedly wants to put 2022 behind it and get out of what appears to be a real stock market nightmare. The numbers speak f...
Billionaire Still Thinks Bitcoin Is Primed to Surge Despite FTX Collapse
Join Our Telegram channel to stay up to date on breaking news coverage Bill Miller, one of the veteran investors, is still interested in Bitcoin despite the bear market that has rocked the market this...
Cardano Whales Added 331 Million Additional ADA After Collapse of FTX
According to on-chain analytics firm Santiment, Cardano’s key shark address tier now holds four billion ADA, accumulating 331 million more since the FTX implosion. According to Santiment, addres...
SEC Should be Implicated in FTX Collapse: US Senator Emmer
The General Counsel for the U.S. Securities and Exchange Commission (SEC) has announced that he will depart the agency in January. SEC General Counsel Dan Berkovitz said that he was leaving the agency...
Sam Bankman-Fried about to appear in court on fraud charges following FTX collapse
Barbara Fried, mother of FTX founder Sam Bankman-Fried, arrives at court in New York – Stephanie Keith/Bloomberg Sam Bankman-Fried, the disgraced crypto tycoon, is expected to appear in court sh...
Wells Fargo Fined for $3.7B But the World is Still Fixated on FTX Collapse, Ripple CEO Chips In
The spectacular collapse of FTX warrants every bit of attention that it has garnered so far. The bosses of the once high-flying business were allegedly involved in shady business operations behind-the...
Ripple CEO compares Wells Fargo billions mismanagement with FTX collapse
Amid the heated-up news steam about the FTX drama, Ripple CEO Brad Garlinghouse hastried to turn the public’s attention to another case regarding the misdeeds of traditional finance. A $3.7 billion fi...
Legendary investor B. Miller says Bitcoin at $17k after FTX’s collapse is ‘remarkable’
Legendary American value investor Bill Miller has expressed his surprise at the performance of Bitcoin (BTC), considering the recent events in the cryptocurrency market. According to Miller, with mos...
Solana (SOL) Investors Hit Hardest After FTX Collapse, Orbeon Pro…
The cryptocurrency market has been in a state of volatility over the last months. During this time, investors have felt the catastrophic effects of the collapse of FTX. FTX was one of the largest exch...
Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse – Featured Bitcoin News
2022 is coming to an end and during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar. On Dec. 20, 2021, bitcoin was trading for $46,406 and it h...
Pantera CEO on the FTX collapse: ‘Blockchain didn’t fail’
With the FTX exchange being highlighted all over the world of finance, trust in the crypto space seems to be dwindling. However, Pantera Capital CEO Dan Morehead believes that there are two areas in c...
TRON (TRX) Price Risks Collapse
The TRON (TRX) price is in the process of validating the $0.055 area as resistance. If it fails to reclaim it, the continuation of the downward movement is expected. TRX is the native token of the TRO...
Ethereum bounces above $1.2K, but derivatives metrics show traders fear a collapse
Ether (ETH) gained 5.6% on Dec. 20 after testing the $1,150 support the previous day. Still, a bearish trend prevails, forming a three-week-long descending channel, a price action attributed to expect...