The collapse of cryptocurrency exchange FTX on November 8, has created another big downturn in the already gloomy crypto industry. Bitcoin has collapsed 11.6%, while Ethereum has witnessed a collapse ...
Tag: news
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60...
BNB surges 20% in 2 hours after news of Binance’s planned acquisition of FTX
BNB, issued by the largest exchange by volume, Binance, surged by more than 20% in two hours after Binance CEO. Changpeng Zhao (CZ) announced plans to acquire FTX. Later, however, the BNB price droppe...
The Man At Fox News Who Called Arizona For Biden In 2020 Says Tonight, ‘My Gut Is Leaning Red’
Fox News Decision Desk Director Arnon Mishkin Fox News Channel Fox News Decision Desk Director Arnon Mishkin angered President Donald Trump and delighted Democrats on Election Night 2020 when he calle...
BitMEX to Launch BMEX Token Trading on Friday
Crypto exchange Bitmex has announced it will launch the trade of its BMEX token on 11 November. As the company aims to regain market share in the derivatives space, Bitmex stated that the token would...
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’ – Markets and Prices Bitcoin News
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal...
FTX CEO Told Staff Crypto Exchange ‘Effectively Paused’ Withdrawals – Bitcoin News
According to a report shared by an FTX staff member, prior to Binance announcing it would acquire the exchange, CEO Sam Bankman-Fried explained that in 72 hours FTX saw roughly $6 billion in withdrawa...
FTT temporarily jumps 44% on news of Binance acquisition before going into free fall
Update 8.20 pm: FTT continued on its death spiral to bounce at $2.73. It currently sits at $4.52.Update 6.20 pm: The token has continued to fall and is now trading at $9.40, down 60% on the day.Updat...
BlockFi to Relaunch Yield Bearing Product in the US After SEC Settlement
American crypto lending firm, BlockFi has announced the relaunch of its yield-bearing product in the US, a product that will only be accessible to accredited investors. Dubbed BlockFi Yield, the lendi...
The US Government Holds Over 214,000 Bitcoin, Fed’s Stash Equates to More Than 1% of BTC’s Supply – Bitcoin News
United States law enforcement officials announced on Monday that the U.S. Department of Justice (DOJ) seized “approximately 50,676.17” bitcoin from a Silk Road thief. The latest seizure adds to the ca...
Affirm Looks Weak Ahead of Earnings
In our August 26 review of Affirm (AFRM) we wrote that “The charts and indicators of AFRM are weak and traders should avoid the long side for now. Maybe later…” With AFRM scheduled...
Coinbase Ordered by BaFin to Ensure Proper Business Reorganization
The German offshoot of American cryptocurrency trading firm, Coinbase Global Inc has been ordered by the Federal Financial Supervisory Authority known as BaFin to ensure it achieves a proper business ...
Messari Releases Q3 2022 State of TRON and State of USDD Reports – Sponsored Bitcoin News
sponsored Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON ...
FTT dumps 30% in an hour amid violent reaction to FTX news
FTX (FTT/USD) token price has dropped more than 30% in one hour and nearly 60% in the past 24 hours, falling from around $22 on Monday to under $10 on Tuesday afternoon. At the time of writing, FTT/US...
SBF says FTX is ‘in the best of hands’ after Binance news
FTX founder Sam Bankman-Fried has said the cryptocurrency exchange is “in the best of hands”, hours after announcing a deal for its acquisition by competitor Binance. The breaking crypto news today th...
Mastercard CEO Says Crypto Has a Long Way to go Before Going Mainstream
Michael Miebach, the Chief Executive Officer of American payments giant Mastercard Inc is the latest financial industry veteran to share his optimism about the future of the nascent crypto ecosystem. ...
CZ Says Binance Intends to ‘Fully Acquire FTX,’ Sam Bankman-Fried Confirms Transaction – Bitcoin News
After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and not...
Binance to Acquire FTX Global Amid Broader Market FUD
Binance CEO, Changpeng Zhao has just made a revelation that it is looking at acquiring FTX Global, based on a prompting from the exchange for liquidity bailout. FTX Derivatives Exchange is making the ...
FTT Down 30% on Tuesday, Falling to 21-Month Low – Market Updates Bitcoin News
FTX token continued a recent sell-off on Tuesday, as prices slipped to their lowest level since February 2021. The decline comes as traders liquidated their positions, following recent tweets from Bin...
MiCA legislation good news for crypto players — Binance Europe VP
Smaller cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA) regulation, according to Martin Bruncko, Binance’s executive vice president of Eu...
Oil, Club news, Disney earnings
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Oil in focus Quick mention...
Bitdao Community Asks Alameda Research to Respond to Token Dump Allegations – Featured Bitcoin News
After the Bitdao token’s quickfire plunge on Nov. 7, members of the Bitdao community have asked Alameda Research to address rumors the principal trading platform has dumped Bitdao’s BIT tokens. The du...
BTC, ETH Hit 2-Week Lows, Ahead of US Midterms – Market Updates Bitcoin News
Bitcoin fell below $20,000 on Tuesday, as markets prepared for the U.S. midterm elections. Cryptocurrencies were swept by a red wave today, as some Democratic investors expect that American voters wil...
Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News
press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has launched support for Ethereum i...
Gamefi Project Oasys Aims to Grow Blockchain Gaming in Japan Through YGG Partnership – Blockchain Bitcoin News
Oasys, a gaming-oriented, Japan-based Web3 project, is partnering with YGG, a blockchain gaming guild, to grow blockchain gaming in Japan. The partnership encompasses the use of YGG resources to promo...
Bank of Korea Completes 2nd Phase of CBDC Simulation Test
The Bank of Korea (BOK) said that it has completed a 10-month CBDC simulation experiment research work on the 10-month central bank digital currency (CBDC). According to Yonhap News Agency, the Bank o...
2 Lenders Claim Bitcoin Miner Iris Energy Defaulted on Equipment Loans Worth $103 Million – Mining Bitcoin News
Another bitcoin mining company is dealing with financial issues as Iris Energy’s Form 6-K filing with the U.S. Securities and Exchange Commission (SEC) shows the company could face default on two loan...