Bitcoin peaked on November 14th 2021, making it more than a year ago since the bear market began. The bull was defined by the rise of decentralized finance (defi). The bear has so far been defined by ...
Tag: Trustnodes
London Hedge Fund to Start Crypto Boutique – Trustnodes
Man Group, the world’s largest publicly traded hedge fund with $142 billion in assets under management, is moving ahead with plans to launch a crypto hedge fund. “The firm’s computer-led trading unit ...
Ethereum Good Boy, Bitcoin Bad Says Greenpeace – Trustnodes
Greenpeace USA has taken the opportunity to bash bitcoin on the occasion of ConsenSys, Aave, Microsoft, Polygon and other startups announcing the Ethereum Climate Platform (ECP) at COP27 in Egypt. “Bi...
Grayscale’s Ethereum Price Falls Below $700, Bitcoin to $9,000 – Trustnodes
2017 is in full swing at Grayscale where one bitcoin is just about over $9,000, a price level first reached to a wide applause of memes about five years ago. Ethereum is not faring much better, with i...
Pantera Buys $140 Million Bitcoin – Trustnodes
The Pantera Bitcoin Fund has bought $137 million worth of bitcoin according to Matthew Gorham, its Chief Operating Officer. 141 accredited investors participated with a minimum investment of $50,000 e...
Crypto.com Sponsoring Qatar World Cup – Trustnodes
Crypto is going to Qatar with Crypto.com, fresh from withstanding mass withdrawals, sponsoring the world cup. “Can crypto get more mainstream than this,” asks an ad highlighting the event. We’d say ye...
Brazil’s Biggest Bank to Offer Crypto Custody – Trustnodes
Itaú, the biggest commercial bank in Latin America with $400 billion in assets under management, is to start offering crypto custody. Itaú Digital Assets, the division handling crypto, will first star...
Bitcoin is Dead Says the Economist – Trustnodes
Bitcoin has died once again in the eyes of the mainstream media, with the Economist asking “Is this the end of crypto?” “Big personalities, incestuous loans, overnight collapses—these are the stuff of...
Iran Revolutionaries Issue Red Alert – Trustnodes
Mass protests continue in Iran in a semi-revolutionary atmosphere with footages coming daily from there to show crowds marching. Steel workers have joined in strikes, the latest to do so in a country ...
Cryptonians Circle the Wagons – Trustnodes
It has been a tough few days, weeks and even months. We had forgotten what the bear is, and the reminder has been quite spectacular. Crypto is still crypto. Even with these CME futures, Washington pol...
El Salvador Doubles Down on Bitcoin – Trustnodes
El Salvador will be buying one bitcoin a day, its president Nayib Bukele publicly said with one bitcoin currently worth $16,500. “We are buying one Bitcoin every day starting tomorrow,” Bukele tweeted...
Markets Bet Sam Bankman-Fried Won’t See Jail – Trustnodes
He came, he saw, he left and that’s where the story ends according to betting markets. Sam Bankman-Fried, the man who stole billions of customers money and spent it on reckless bets, remains free as f...
100,000 Ethereum Longs Close on Bitfinex – Trustnodes
Ethereum longs on Bitfinex saw a sudden plunge on Tuesday, and it was all within just one minute. At 6:08 UTC total longs on ethereum went from 228,000 eth to 114,000 as someone closed a position that...
Genesis Capital Pauses Withdrawals, Gemini Earn Affected – Trustnodes
Genesis Global Capital, a crypto lender that focuses on institutional investors with $2.8 billion in loans as of Q3 2022, has suspended loan redemptions its Interim CEO Derar Islim said in a call to c...
Wall Street Bitcoin Shorts Hit Record – Trustnodes
Wall Street is heavily betting against bitcoin through the CME futures exchange according to shorts and longs data by CFTC. 13,601 contracts are short and 13,170 are long, the data shows. Making it a ...
Grayscale’s Bitcoin Price Falls to $10,000 – Trustnodes
Bitcoin went down to four digits on Grayscale’s Bitcoin Trust (GBTC), falling to a low of about $9,000 per bitcoin. That’s at an ever widening discount of 42% at some point, with it somewhat recoverin...
Crypto, the Real Test of Xi’s Detente – Trustnodes
“The vast earth can fully accommodate the development and common prosperity of China and the United States.” So said China’s re-‘elected’ president Xi Jinping in the first meeting with the US presiden...
Bitcoin Up, Stocks Jump on PPI Down – Trustnodes
Bitcoin has briefly crossed $17,000 while Nasdaq rose 2.5% as the Producer Price Index (PPI) came much lower than expected. The index for final demand declined to 8% in October, down from 8.5% in Sept...
London on its Knees as European Rivals Speed Ahead – Trustnodes
London, once the indisputable financial capital of Europe, and even of the world, is now losing to its European rivals that boast a far bigger market. Paris, not even on the map just a few years ago, ...
Bitfinex Hot Wallet Spikes to $250 Million – Trustnodes
It’s the spooky season in crypto and not so much spooky as weird, the Bitfinex hot wallet has gone from 6,000 eth or so, and the usual circa 50,000 eth, to 200,000 eth. In the current circumstances of...
Peak FUD – Trustnodes
Doom was rocking Twitter this Sunday unlike any other day we’ve seen for a fairly long time. Thankfully, Sunday is for rest so many might have not been paying attention, but a certain combination of b...
Bitcoin Will Make it Says Elon Musk – Trustnodes
The crypto industry may have taken a bit of a hit last week, but there are no signs of a significant loss of confidence from investors. Elon Musk, the CEO of Tesla, which holds tens of thousands of bi...
$1 Billion Bitcoin Withdrawn From Binance, 1.6 Million ETH Withdrawn From Exchanges – Trustnodes
Exchanges are currently seeing a mass exodus with more than 59,000 bitcoin, worth about $1 billion, withdrawn from Binance. Coinbase, as one of the oldest and the biggest, had even more withdrawn, 69,...
Bitcoin Spikes, CRO Jumps, “Industry Recovery Fund” Announced – Trustnodes
Bitcoin suddenly jumped 10% from $15,800 to nearly $17,000 while Crypto.com’s CRO rose 15% from 59 cent to 69 cent. The exact reason is not clear but CRO had plunged more than 20% from 80 cent on spec...
Mass Withdrawals Clog Crypto.com – Trustnodes
Crypto.com (CDC) is currently facing mass withdrawals after numerous ‘influencers’ said people should withdraw. The catalyst was an ‘accidental’ transfer of 320,000 eth from CDC to Gate.io on October ...
Kevin O’Leary Says He’ll Still Invest in Crypto – Trustnodes
Kevin O’Leary, a TV personality and VC with a net-worth of half a billion, stated he will still invest in crypto despite the FTX debacle. “I am still going to invest in crypto. I lost money in the acc...
Kherson Liberated – Trustnodes
The Ukrainian flag flies over the town square of Kherson, as does the EU flag in a symbolic statement that this city too is now part of a European Union candidate country. “It’s an historic day,” the ...
Enron Guy Brought in to Sort Out the FTX Mess – Trustnodes
The guy who dealt with the Enron mess, and recovered $20 billion for creditors, exceeding expectations as it amounted to 50 pence to the dollar, is now to deal with the biggest bankruptcy of 2022 in t...
FTX, FTX US and Alameda File For Bankruptcy – Trustnodes
All FTX related entities have filed for bankruptcy according to Sam Bankman-Fried, its CEO and founder. He said: “Today, I filed FTX, FTX US, and Alameda for voluntary Chapter 11 proceedings in the US...
BlockFi Pauses Withdrawals – Trustnodes
BlockFi, a centralized entity that provides USD loans on crypto collateralization, has announced they’re pausing withdrawals. The company said they are “shocked and dismayed” by the events unfolding a...
Bitcoin Jumps on Inflation Cooling, YoYos on FTX Liquidation – Trustnodes
Bitcoin rose more than 10% to just under $18,000 from a recent low of $15,500 while Nasdaq has risen a very rarely seen 7.35%. Inflation rose 0.4% in October, below expectations of 0.6%, and 7.7% over...
FTX Goes Down – Trustnodes
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