Bitcoin
Are Your Bitcoin Trades Losing on Fed Day? Just Wait Till Tomorrow
BTC’s price has reversed direction on five of the six days following the Federal Reserve’s interest rate announcements. Source link
Year: 2022
Market Analysis
Nayib Bukele Defends Bitcoin and Calls FTX a “Ponzi Scheme.”
El Salvador president Nayib Bukele compares the FTX exchange to a Ponzi scheme and hails Bitcoin’s scarcity and deflationary properties. Bukele lumped the Bernie Madoff case, Enron, WorldCom, and Sam Bankman-Fried’s collapsed FTX exchange in the Ponzi or crypto […]
Regulation
Market Wrap: Bitcoin Rises on Encouraging Inflation News
The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Source link
Ethereum
Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises
Crypto Needs an FDIC-Like Protocol to Prevent Liquidity Crises Source link
Bitcoin
Crypto Lender BlockFi Preps for Possible Bankruptcy Filing After FTX's Woes: WSJ
BlockFi has paused withdrawals and customer deposits. Source link
Market Analysis
Cristiano Ronaldo announces NFT collection on Binance
Cristiano Ronaldo has entered into a strategic partnership with Binance duped ‘a global marketing initiative’ that will see his first NFT collection made available on Friday, November 18 by Binance. It is a partnership between […]
Regulation
3 Common Tax and Compliance Challenges for Enterprises in Crypto
3 Common Tax and Compliance Challenges for Enterprises in Crypto Source link
Ethereum
Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows
The fallout of the FTX collapse has left U.S. lawmakers spinning two distinct narratives: Democrats hail their financial regulators as heroes whose caution saved the disaster from threatening the wider financial system, and Republicans argue […]
Bitcoin
Online Investing Platform BnkToTheFuture Drops Plan to Acquire Crypto Lender Salt Lending Due to FTX Exposure
“Bnk To The Future announces that its previously announced non-binding letter of intent with SALT Blockchain, Inc. (SALT) has terminated due to SALT’s position with FTX and for failing Bnk To The Future Due Diligence, […]
Market Analysis
US Senator Elizabeth Warren Has Ties to FTX Sam Bankman-Fried
In the wake of the recent FTX collapse, Stacks co-founder Peter Shea has pulled back the curtains on a messy web of Sam Bankman-Fried’s myriad romantic and political relationships, including US Senator Elizabeth Warren. In a […]