11 seconds ago | 2 mins read Bitcoin News The FSB has previously advocated for the regulation of cryptocurrencies. Biden has spoken out on his thoughts on the cryptocurrency market in Bali. FTX, a cry...
Tag: Crisis
Fundrise CEO Warns Of Impending National Liquidity Crisis
A lack of liquidity has widened the gap between investors buying and selling Treasuries, creating big swings in bond yields. That shift means more volatility, with rate-sensitive growth stocks being v...
Vitalik Discusses Ethereum Scalability Solutions Amid FTX Crisis
Ethereum co founder and CEO Vitalik Buterin in a recent letter proposed the plan of using the ZK-SNark feature to improve the Ethereum network’s scalability. In a letter, he also mentioned Balaji Srin...
Vitalik Discusses Ethereum Scalability Sollutions Amid FTX Crisis
Ethereum co founder and CEO Vitalik Buterin in a recent letter proposed the plan of using the ZK-SNark feature to improve the Ethereum network’s scalability. In a letter, he also mentioned Balaji Srin...
Grayscale’s Bitcoin Trust Hits Record-Low 43% Discount After FTX Crisis
Grayscale’s Bitcoin Trust (GBTC) hit a new record low discount to the price of Bitcoin barely a week after setting its last. As of Friday morning, the Bitcoin-tracking investment vehicle is trading at...
Today’s Energy Crisis Is Unlike Anything We’ve Ever Seen Before
Back in 2005, the world economy was “humming along.” World growth in energy consumption per capita was rising at 2.3% per year in the 2001 to 2005 period. China had been added to the World Trade Organ...
New York Mayor Believes Crypto Presents “Incredible Opportunity” Despite Current Crisis
Alex Dovbnya Eric Adams remains optimistic about cryptocurrencies in spite of the recent crash that was caused by the FTX exchange According to a Thursday report, New York Mayor Eric Adams still keeps...
Dogecoin holders among least stressed amid current market crisis, study finds
Cryptocurrencies have long been associated with high volatility, which makes it stressful for investors who endeavor to profit from different digital assets. However, the stress levels among investors...
Russian Partnership Could Cause Cuban Crypto Crisis
Russia and Cuba are cooperating in utilizing cryptocurrencies for international settlements in rubles in order to skirt international sanctions. Russian representative Boris Titov made the announcemen...
LRC is stuck in a dormant loop for the time being- the prices go flat after the crisis
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What did CFTC Commissioner say about FTX Crisis?
CFTC commission said it will be too early to give an opinion on risk management or regulatory faults of FTX. Regulatory policies have been made to function as consumer protection measures- Johnson. It...
CFTC Commissioner: Too Soon To Say if FTX Crisis Was Intentional
When it comes to unpacking what exactly happened to now-bankrupt crypto exchange FTX, it’s far too soon to tell what risk management or regulatory errors were made — if any — a CFTC commissioner said ...
Institutional Investors Selling Bitcoin (BTC) Holdings After FTX Crisis
The FTX crisis caused the crypto market to come under intense pressure, triggering selloffs in the broader market. Crypto influencers warned that FTX collapse may cause institutional investors to lose...
Ripple CEO Predicts Crypto Industry Will Become Stronger Because of Current Crisis
Alex Dovbnya Ripple CEO addressed the market turmoil while touting his company’s key achievements at the annual Swell conference In a recent tweet, Ripple CEO Brad Garlinghouse predicted that th...
Too Soon To Say if FTX Crisis Was Intentional
When it comes to unpacking what exactly happened to now-bankrupt crypto exchange FTX, it’s far too soon to tell what risk management or regulatory errors were made — if any — a CFTC commissioner said ...
FTX crisis could extend crypto winter to the end of 2023: Report
The FTX crisis has deterred investor confidence and created a liquidity crisis in the crypto market, which could very well extend the crypto winter until the end of 2023, according to a new report. A ...
Former Kraken CEO talks FTX Crisis will take years to recover
Kraken’s Former CEO Jesse Powell discussed the impacts of the FTX crash over the crypto industry. FTX has led to a huge loss in the entire crypto market bringing major cryptocurrencies decline in thei...
Crisis For Already Struggling Bitcoin Miners: Revenues Plunge 15% In 7 Days
Data shows the already struggling Bitcoin miners have received another blow this week as their revenues have plunged by 15%. Bitcoin Daily Miner Revenues Sharply Declined Following Price Crash As per ...
BlockFi releases a progress report amid FTX crisis – crypto.news
BlockFi, in a recent press release, publicly revealed the extent of damage they had suffered due to the FTX saga. The statement was a response to how all of FTX’s clients seem to suffer greatly due to...
Crypto Lending Firm SALT Halts Withdrawal Post FTX Crisis
4 hours ago | 2 mins read Defi News SALT said it would honor on-chain deposits in a letter to consumers. The firm suspended withdrawals until further notice. Following the FTX led effect through the c...
HEX Trust is changing priorities after FTX-induced Crisis – crypto.news
On the 14 of November, the Hex Trust, an institutional-grade custodian in Hong Kong, sent an open letter to all investors claiming to now minimize its risk exposure by not prioritizing revenue generat...
CEO Kris Marszalek: CryptoCom is financial Strong Amid FTX crisis
CEO Kris represents the company’s balance sheet to be strong. CryptoCom to disclose audited proof of reserves within upcoming weeks. $10 million funds exposed to FTX, $990 million recovered. No Declin...
The cryptocurrency market meltdown is akin to the 2008 financial crisis – crypto.news
Almost 15 years have passed since the financial crisis of 2008. The crash affected various sectors of the economy, such as banking and real estate. Cryptocurrency investors are now at risk of experien...
Walmart Offers $3.1 Billion To Settle Opioid Lawsuits—Joining Rival Retailers Accused Of Fueling Drug Crisis
Topline Walmart on Tuesday offered to pay $3.1 billion to settle claims it mishandled prescriptions for powerful painkillers, joining a growing list of companies striking billion dollar deals to end r...
Oryen registers huge growth despite FTX crisis in the market
The crypto world is full of unique features that make it stand out from other markets. In addition, many altcoins have fascinating ecosystems that help them grow their community rapidly. Oryen (ORY) ...
FTX Crisis Is the Hottest Topic at the Biggest Bitcoin Conference in Latin America
The biggest crypto conference in Latin America, LaBitConf 2022, kicked off Friday. The mood was bright and shiny in Buenos Aires, Argentina, where Bitcoiners flooded into “The Paris of the South” to e...
Hong Kong Hints Crypto Regulatory Reforms Post FTX Crisis
3 seconds ago | 2 mins read Bitcoin News Hong Kong’s Financial Secretary emphasized the need for “steady and cautious” growth. Chan also emphasized the value of safety and effective risk management. T...
Major Crypto Hedge Fund Underwater Due to FTX Crisis
Alex Dovbnya The California-based hedge fund has been caught off guard by the collapse of the FTX exchange Travis Kling, founder of Ikigai Asset Management, has just taken to Twitter to reveal that th...
Binance Announces Recovery Fund For Crypto Firms In Liquidity Crisis ⋆ ZyCrypto
Advertisement     The giant crypto exchange aims to mitigate FTX-induced effects in the industry. Tron’s founder, Justin Sun, has pledged support for the new initiativ...
CZ recovery fund for crypto projects in liquidity crisis
Bitcoin and crypto prices shot up this morning on the news that CZ wants to put together an “Industry Recovery Fund” in order to support strong projects undergoing a liquidity crisis. All crypto was t...
Binance to launch ‘recovery fund’ for strong projects with liquidity crisis
Binance CEO Changpeng ‘CZ’ Zhao revealed on Nov. 14 that the exchange would launch an industry recovery fund to help strong projects in a liquidity crisis. To reduce further cascading negative effects...