Financial giant Goldman Sachs is reportedly bargain hunting in the crypto space after the FTX collapse soured market sentiment. According to a new Reuters report, Goldman Sachs plans to spend “tens of...
Tag: Collapse
‘Rich Dad’ R. Kiyosaki names 3 factors threatening global economic collapse
Robert Kiyosaki, author of the personal finance book “Rich Dad Poor Dad,” has identified factors likely to lead to an economic collapse in the future. Notably, with the soaring inflation and increasin...
Bank of America Warns of Labor Collapse, Stock Selloff in 2023
It its latest market and economic forecast, Bank of America warned of a collapsing U.S. labor market and a potential rise in unemployment next year. Strategists also recommended selling any stock mark...
Onchain metric suggests similarities between now and Terra Collapse
In June 2022, following the Terra collapse, the demand for puts rose while implied volatility collapsed, the same as in the recent crypto bear market after the fall of FTX. The performance of the opt...
Oil plunge, tech collapse and Fed cuts? Strategist shares possible 2023 market ‘surprises’
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for financial markets, Standard Chartered outlin...
A Hedge Fund Hit by FTX Collapse Defaults on $36 Million of Debt
(Bloomberg) — Contagion from the messy implosion of Sam Bankman-Fried’s crypto empire is spilling into the world of decentralized finance, after a hedge fund was declared in default on almost $3...
FatManTerra alleges Terraform Labs dumped $450M UST over 3 weeks before its collapse
FatManTerra alleged on Dec. 6 that the root cause of Terra’s UST implosion was Terraform Labs’ (TFL) dumping of over $450 million UST on the open market over three weeks before the ecosystem collapsed...
US Consumers Believe Bitcoin (BTC) Will Drop to New Bear Market Lows in Aftermath of FTX Collapse: New Survey
A new survey says US consumers believe the high-profile implosion of FTX will drive Bitcoin (BTC) prices to new lows amid the enduring bear market. Business intelligence firm Morning Consult conducted...
FTX Collapse Shocks Shiba Inu (SHIB) And Ethereum Classic (ETC)…..
Without a doubt, the cryptocurrency industry took a hit when the FTX empire fell. The market value of nearly every cryptocurrency fell. Even the meme coin Shiba Inu (SHIB) and popular coin Ethereum C...
After FTX collapse, Goldman Sachs to pour millions into crypto startups
Since the FTX exchange’s demise lowered valuations and depressed investor interest, Goldman Sachs (GS.N) has announced on Tuesday plans to invest hundreds of millions of dollars to invest or buy crypt...
Goldman Sachs eyes keys deals in crypto after FTX collapse
Wall Street banking giant Goldman Sachs is reportedly hunting for attractive deals in the crypto space post the collapse of crypto exchange FTX. As we know, the FTX contagion has impacted several cryp...
Goldman Sachs reportedly looking to buy crypto firms after FTX collapse
As crypto company valuations are affected by the recent FTX debacle, financial services firm Goldman Sachs is looking to swoop in and invest millions to purchase or invest in crypto firms while the pr...
FatManTerra & the Collapse of Crypto’s Terra & Luna Projects – Most Influential 2022
But for someone who’s just a dude in his room, as he said in an interview with Fortune, he sure gets the attention of crypto stakeholders. FatManTerra got his start on the Terra Research Forum, a disc...
Solana (SOL) Attracts Fund Flows Second Week Straight for First Time Since FTX Collapse
According to a fresh fund flow report from CoinShares, Solana-focused investment products attracted $200,000 last week, posting its second consecutive positive weekly result. The achievement came for ...
SPACs Collapse as $11 Billion of Deals Are Called Off Within an Hour
(Bloomberg) — One of the SPAC industry’s most well-known sponsors and a would-be serial backer have seen deals worth $10.6 billion go up in smoke in less than an hour. Most Read from Bloomberg A...
‘Hidden’ Leverage Poses $65 Trillion Economic Challenge As Experts Worry What Could Trigger Next Market Collapse
Topline The growing load of hidden leverage has swelled to a massive $65 trillion in a largely obscure corner of the foreign exchange market, economists at the Bank for International Settlements warne...
Bybit, Swyftx join layoff spree following FTX collapse
Crypto exchanges Bybit and Swyftx have moved to execute their second round of layoffs in preparation for a worsening bear market, fueled by the FTX collapse. Bybit CEO Ben Zhou said the staff cuts wil...
The latest news about the collapse of FTX
It has been about 4 weeks now since the news broke about the collapse of FTX, one of the most popular exchange platforms around. The event triggered a domino effect involving multiple companies in the...
Tim Draper predicts bitcoin will reach $250,000 despite FTX collapse
Tim Draper, founder of Draper Associates, onstage at the Web Summit 2022 tech conference. Ben McShane | Sportsfile via Getty Images Venture capitalist Tim Draper thinks bitcoin will hit $250,000 a coi...
Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
The value of Bitcoin (BTC) is being touted to drop as low as $5,000 in 2023 according to Standard’s Chartered global research head and chief strategist. As initially reported by Bloomberg, a note to i...
Survey reveals anticipation of Bitcoin’s future price at low after FTX collapse
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Expect collapse of more companies
With several cryptocurrency projects collapsing, resulting in a widespread market correction, industry players are warning the situation could worsen in future. In particular, Joe Lonsdale, the founde...
Regulators face public ire after FTX collapse, experts call for coordination
2022 is nearing an end and might go down as one of the most eventful years for the crypto industry owing to the prolonged winter that had wiped more than 70% of the market cap from the top and the bar...
How did the FTX collapse impact the Web3 gaming industry?
The FTX collapse impacted the whole crypto ecosystem, but this might have been deeply felt in Web3 gaming because of the ties between Solana and FTX. Some believe the collapse will bring more attentio...
The U.S. economy won’t collapse under Fed’s ‘weight’ based on the performance of these sectors despite inflation and oil risks
Investors are trying to read the tea leaves in a choppy U.S. stock market to gauge whether its recent run higher can continue after Federal Reserve Chair Jerome Powell unleashed bullish sentiment at t...
FTX Collapse to Benefit Bitcoin in the Long Term ⋆ ZyCrypto
Advertisement     The FTX exchange collapse rocking the entire crypto market could invariably be the catalyst to turn the market around, according to an analysis by Sa...
Coinbase Premium Index goes green for the first time since FTX collapse
According to the on-chain data and analytics provider, CryptoQuant, the Coinbase Premium Index has turned green for the first time since the fallout of the FTX collapse. As an indicator that shows a s...
The FTX collapse: What SBF knew and ‘claimed’ to know before it all went down
Sam Bankman-Fried denied involvement with Alameda Research However, a report by Forbes contradicted SBF’s statement Sam Bankman-Fried, the man behind the Bahamas-based bankrupt crypto exchange FTX, re...
How to keep your cryptocurrency safe after the FTX collapse
The fall of the FTX crypto exchange forced many to reconsider their overall approach to investments — starting from self-custody to verifying the on-chain existence of funds. This shift in approach wa...