Bitcoin’s Upswing Is Reminiscent of 2019 Bull Revival
The action four years ago coincided with the Fed taking its foot off the tightening pedal. Bitcoin has rallied almost 40% in January and the…
Tag: cryptocurrency
FTX Has Recovered ‘Over $5B’ in Assets, Bankruptcy Attorney Says
The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it’s still short of what customers are owed in…
FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
CoinDesk’s policy team predicts the issues and topics that may take center stage over the next 12 months. Can you believe this year started off…
Exclusive: Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
LONDON, Dec 6 (Reuters) – Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of…
Bitcoin Lags as Unwinding of ‘Fed Trade’ Lifts US Stocks Above 200-Day Average
Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets. Unless…
Crypto lender BlockFi files for bankruptcy, cites FTX exposure
Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm…
FTX Token Plummets as Market Fears Possible Alameda Contagion
FTT has declined nearly 20% over the course of an hour, with Solana’s SOL down 17% and Serum’s SRM off 10%. Fears over another meltdown…
FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
The head of FTX sister company Alameda Research offered to buy as much FTT as Binance wants to sell. As speculation mounted over the weekend…
Almost 50% of Gen Z and Millennials want crypto in retirement funds: Survey
Nearly half of Gen Z and Millennials are also already invested in digital assets outside of their retirement funds and cited “inflation” as the biggest…
Fidelity Digital Assets will begin offering ETH to institutions later this month
Fidelity Digital Assets will start offering its institutional customers the ability to transact with ether on Oct. 28, a spokesperson confirmed to The Block. “Investors…