| Getty Images Key takeaways Shares of Carvana plummeted after the company announced worse-than-expected financial results for the third quarter. The higher cost of borrowing has hurt the used sales m...
Tag: Crash
Nansen Report Suggests Deep Link Between FTX Fall and Terra Crash
2 hours ago | 2 mins read Editors News FTX’s plan to keep Alameda afloat began to unravel around the time TerraUSD crashed. At least $5 billion of Alameda’s assets were discovered to be FTX Tokens. Ac...
FTX founder accidentally described Ponzi scheme months before crash
Months before the cryptocurrency market crisis that followed the liquidity crunch at the crypto trading platform FTX, its now-former CEO had unintentionally described crypto staking or yield farming a...
How are Bitcoin Long-Term Holders Responding to the BTC Price Crash?
The Bitcoin price has continued to shrink in 2022 since Terra Luna initiated a significant crypto crash in Q1. The FTX and Alameda meltdown has stirred fresh selling pressure, which analysts expect to...
“Now CZ Is A Hero”, Says SBF After FTX Crash
SBF Chat Leak: Sam Bankman-Fried (SBF), former CEO of collapsed FTX has become the talking point in the digital asset industry. However, in a recent interaction, SBF unveiled his stance over his strat...
Stellar may test $0.03 in the next year: Will XLM crash?
Stellar is an open-source, decentralized protocol that allows cross-border transactions, but it has crossed the previous yearly low after the FTX liquidity crisis. At the time of writing this post, XL...
What role did Binance play in the FTX crash?
The US Congress is currently looking into how much influence Binance had in the collapse of FTX. FTX was a US exchange. Actually, it was two exchanges, one international, FTX.com, and one dedicated ex...
Andy Warhol ‘Car Crash’ Painting Nets $85.4 Million At Auction After 35 Years
Topline A monumental silkscreen painting, part of one of Andy Warhol’s most pivotal series, sold for $84.5 million at Sotheby’s Wednesday, more than 131 times more than the last time it appeared at au...
Bitcoin Price Crash! Arthur Hayes Makes Bold Price Prediction
On his official Twitter account, Arthur Hayes, the co-founder of BitMEX hinted that Bitcoin’s price might fall to the $10K level with a GIF video that mocked Bitcoin’s free fall in price since the pas...
Salvadoran president is the latest to express confidence in crypto amid FTX crash
Bukele led El Salvador’s transition from fiat to crypto. The Salvadoran economy is struggling however Bukele is confident about BTC. Popular pro-crypto personalities are urging everyone to maintain fa...
SBF: Bank Run, Market Crash and ‘Too Much Leverage’ wiped out FTX’s liquidity
SBF explains FTX crash in twitter thread; receives mixed reactions. Alameda Research had used FTT as collateral to raise loans. The FTX crash serves as another clarion call to lawmakers to act fast. S...
Bitcoin Still Losing After FTT Crash
Analysts at Bitfinex, one of the leading crypto exchanges, confirm the current decline for Bitcoin due to last week’s disturbing turn of events concerning the collapse of the FTX exchange and, consequ...
FTX Crash Not Important for a Bitcoin ETF (Exclusive)
The past couple of weeks has shaken the cryptocurrency industry to its core. FTX filed for bankruptcy after a massive liquidity crunch and an inability to honor their customers’ withdrawal requests. W...
Crypto Whales Accumulating Bitcoin Amid FTX Crash
FTX Crash: Sam Bankman-Fried’s FTX triggered collapse has left the digital asset market red. Bitcoin (BTC) and Ethereum (ETH) prices have suffered a decline of over 15% due to the fall of the FTX. How...
This Indicator Hints US Investors Sold Bitcoin Harder Than Others During Crash
The Bitcoin Coinbase Premium Index suggests US investors have been selling more heavily than others during the latest crash in the crypto. Bitcoin Coinbase Premium Index Has Turned Deep Red Recently A...
OKX Announces $100 Million Fund to Support Distressed Projects Following FTX Crash (Report)
The Seychelles-based crypto exchange – OKX – reportedly introduced a $100 million fund to aid companies with liquidity issues. The world’s largest cryptocurrency platform – Binance – launched a simila...
Senate Banking chair warns crypto could ‘crash our financial system’ following FTX collapse
Senate Banking Committee Chair Sherrod Brown, D-Ohio, is sounding the alarm on crypto following FTX’s collapse. “This year we’ve seen cryptocurrency values collapse by $2 trillion. 2,000 ...
dYdX Price Spikes 35% After FTX Crash, Here’s Who Benefited Most
Gamza Khanzadaev FTX crash triggers dYdX price by 35% and makes this group a lot of money The token of the same name for a decentralized crypto derivatives exchange, dYdX, has risen more than 35% in t...
Bitcoin (BTC) and Solana (SOL) Crash While Orbeon Protocol (ORBN) Sells Out
– Advertisement – It has been a rocky week for the cryptocurrency market, with Bitcoin (BTC) and Solana (SOL) both crashing hard. However, Orbeon Protocol (ORBN) was able to buck the trend...
Trader Who Called 2018 Bitcoin Crash Unveils Ultimate BTC Bottom, Predicts Most Traders Will Be Caught off Guard
The crypto trader who correctly called Bitcoin’s (BTC) collapse in 2018 is unveiling what he thinks is the king crypto’s absolute bottom. In a new strategy session, veteran trader Tone Vays tells his ...
How regulators reacted to the FTX crash
Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market. The crypto industry’s very own “Lehman Brothers moment” pus...
10 Best Cryptos To Buy Now After Market Crash, FTX Collapse and Hack
Join Our Telegram channel to stay up to date on breaking news coverage From a successful investment viewpoint, the crypto bear market presents chances never before seen. Since the general market for d...
FTX crash causes market frenzy- 3 top projects to invest in now
Join Our Telegram channel to stay up to date on breaking news coverage The crypto industry doesn’t seem to catch a break in 2022. After a quite successful 2021, cryptos have been able to stand the tes...
‘We’ll prove them all wrong.’ Michael Saylor, Crypto.com CEO Kris Marszalek, and El Salvador’s president defend crypto in the wake of FTX’s crash
It’s been called crypto’s Lehman Brothers moment, but the FTX crash has done little to dent the optimism of the industry’s remaining big players. FTX—among the world’s largest cryptocurrency exchanges...
Goldman Sachs Reduces Coinbase Price Target to $41 Following FTX Crash
Goldman asserts that although there is a reduction in the Coinbase price target, the exchange remains insulated against the FTX fallout. Goldman Sachs recently cut the price target of crypto exchange ...
Michael Saylor points to the silver lining post FTX crash
The American Billionaire is one of the most famous personalities in the industry. Saylor is the co-founder of Microstrategy and is a Bitcoin whale. He believes the crypto industry could benefit greatl...
High number of Bitcoin investors withdrawing crypto funds from exchanges after FTX crash
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Chamath Palihapitiya Predicts $700,000,000,000 in Venture Capital Destruction, Says FTX Crash Just Tip of Iceberg
Billionaire Chamath Palihapatiya is painting a bleak macroeconomic picture despite signs that inflation is starting to cool down. In a new episode of the All-In Podcast, Palihapitiya doubles down on h...
Is The Worst Over for SOL After a 56% Weekly Crash Following FTX Fallout? (Solana Price Analysis)
Because of its ties to Alameda Research, the trading firm of Sam Bankman-Fried, Solana suffered a massive crash. While the cryptocurrency recovered a bit over the past couple of days, the question rem...
Solana Prediction: Will Solana Crash after FTX’s Downfall?
The cryptocurrency market suffered from immense losses in the past week. The bankruptcy of FTX sent crashing waves across all cryptocurrencies with no exceptions. Now that we’re in the middle of the c...
FTX’s bust and crypto crash come with two silver linings
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 14, 2022 Today’s newsletter...
Following the cryptocurrency crash, here are three cryptocurrencies to consider in this crisis
The most recent cryptocurrency crash demonstrated how volatile the market can be and how a crisis can turn the entire market upside down. The crisis and crash were precipitated by the chaos surroundin...