Crypto brokerage Genesis warned of the risk of bankruptcy amid contagion from the rapid demise of Sam Bankman-Fried's FTX empire. ![]()
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On Nov. 16, Genesis announced it had temporarily suspended withdrawals citing "unprecedented market turmoil" after FTX's collapse. The company previously revealed on Nov. 10 it had around $175 million worth of funds stuck in an FTX trading acc...
On Nov. 16, Genesis announced it had temporarily suspended withdrawals citing "unprecedented market turmoil" after FTX's collapse. The company previously revealed on Nov. 10 it had around $175 million worth of funds stuck in an FTX trading acc...
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Problems are multiplying for the world's biggest crypto fund as chaos engulfs the industry in the wake of exchange FTX's shock bankruptcy filing. ![]()
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The $11.4 billion $Grayscale Bitcoin Trust(GBTC.US$ has plunged more than 74% this year, outpacing the cryptocurrency's 64% decline.
We have a broken product in GBTC that the SEC allows any retail investor to get their hands on. BITO sticking to its NAV is yet anothe...
The $11.4 billion $Grayscale Bitcoin Trust(GBTC.US$ has plunged more than 74% this year, outpacing the cryptocurrency's 64% decline.
We have a broken product in GBTC that the SEC allows any retail investor to get their hands on. BITO sticking to its NAV is yet anothe...
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The digital assets market has been rocked by the near-collapse of one of the world's biggest cryptocurrency exchanges, FTX. ![]()
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On Tuesday, FTX struck a bailout deal with larger rival Binance after a surge in withdrawals caused a "significant liquidity crunch". Concerns about FTX's financial health reportedly triggered $6bn (£5.2bn) of withdrawals in just three days.![]()
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The story between cryptocurrency exchanges Binance and FTX has quickly u...
On Tuesday, FTX struck a bailout deal with larger rival Binance after a surge in withdrawals caused a "significant liquidity crunch". Concerns about FTX's financial health reportedly triggered $6bn (£5.2bn) of withdrawals in just three days.
The story between cryptocurrency exchanges Binance and FTX has quickly u...
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$Bitcoin(BTC.CC$will trade between $17,600 and $25,000 until the end of this year, survey of market participants shows. ![]()
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Bitcoin is now comfortably above the $20,000 level and now it will try to stabilize here until the FOMC meeting. If risk appetite remains healthy Bitcoin could grind higher towards the $22,500 level."
—— said Moya, a senior market analyst with OANDA.
A crackdown by the US Securities and Exchange Commission and other watc...
Bitcoin is now comfortably above the $20,000 level and now it will try to stabilize here until the FOMC meeting. If risk appetite remains healthy Bitcoin could grind higher towards the $22,500 level."
—— said Moya, a senior market analyst with OANDA.
A crackdown by the US Securities and Exchange Commission and other watc...
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$Apple(AAPL.US$ updated its App Store guidelines Monday with new and clearer language explaining its policy toward cryptos trading and NFTs. ![]()
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In order for apps to sell NFTs and related services, they'll have to go through Apple's in-app purchase systems and "may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase."
Apple charges a typical ...
In order for apps to sell NFTs and related services, they'll have to go through Apple's in-app purchase systems and "may not include buttons, external links, or other calls to action that direct customers to purchasing mechanisms other than in-app purchase."
Apple charges a typical ...
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$Bitcoin(BTC.CC$ bear market will last '2-3 months max' as On-chain data is showing there is light at the end of the tunnel for Bitcoin hodlers, says LookIntoBitcoin creator, Philip Swift. ![]()
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I believe we are now at the point of maximum opportunity for Bitcoin. There are numerous key metrics on LookIntoBitcoin that indicate we are at major cycle lows.
We are seeing the percentage of long-term holders peak (1yr HODL W...
I believe we are now at the point of maximum opportunity for Bitcoin. There are numerous key metrics on LookIntoBitcoin that indicate we are at major cycle lows.
We are seeing the percentage of long-term holders peak (1yr HODL W...
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On Oct. 13, the slightly higher-than-expected inflation data caused $Bitcoin(BTC.CC$ to face a 4.4% price correction from $19,000 to $18,175 in less than three hours. The stock market also reacted negatively as the tech-heavy $Nasdaq Composite Index(.IXIC.US$ moved down 3% after the inflation data was released.
It is worth highlighting that the dip under $18,600 lasted less than 5 hours. Bears were likely disappointed as a 6.3...
It is worth highlighting that the dip under $18,600 lasted less than 5 hours. Bears were likely disappointed as a 6.3...
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$Tesla(TSLA.US$ CEO Elon Musk, who is also the founder of The Boring Company, promoted the company's "Burnt Hair" perfume on Oct. 12. He called the perfume "the finest fragrance on Earth!"
Elon Musk tweeted that his Boring Company is offering $Dogecoin(DOGE.CC$as a payment option for this new fragrance.![]()
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Dogecoin eclipsed the intraday gains of $Bitcoin(BTC.CC$and $Ethereum(ETH.CC$following Musk's tweets.![]()
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The pe...
Elon Musk tweeted that his Boring Company is offering $Dogecoin(DOGE.CC$as a payment option for this new fragrance.
Dogecoin eclipsed the intraday gains of $Bitcoin(BTC.CC$and $Ethereum(ETH.CC$following Musk's tweets.
The pe...
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Bitcoin has been trading in the same way as US stocks, falling when they fall and rising when they have a good day. But the two largest cryptocurrencies $Bitcoin(BTC.CC$ and $Ethereum(ETH.CC$ weathered Monday well despite risk assets dropping sharply ![]()
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. $Binance Coin(BNB.CC$, Solana and other cryptocurrencies also advanced.
It's unusual for crypto and equities to de-couple![]()
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. They've moved in tandem for the majority of 202...
It's unusual for crypto and equities to de-couple
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The $Ethereum(ETH.CC$ Merge has officially taken place on Sept. 15, marking the full transition of the network to proof-of-stake (PoS). ![]()
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Ethereum co-founder Vitalik Buterin celebrated the Merge with a tweet moments after the historical transition happened:
Renowned designer Beeple celebrated the Merge with a sci-fi illustration:
Ethereum has completed a key revamp of its network, marking the crypto world's most-ambitious software upgrade to date ...
Ethereum co-founder Vitalik Buterin celebrated the Merge with a tweet moments after the historical transition happened:
Renowned designer Beeple celebrated the Merge with a sci-fi illustration:
Ethereum has completed a key revamp of its network, marking the crypto world's most-ambitious software upgrade to date ...
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