Former FTX CEO Sam Bankman-Fried (SBF) has been lambasted this week following a series of controversial public appearances, with Galaxy Digital’s Mike Novogratz one of the latest to dish out a lashing to the former kingpin of crypto. On Dec. 1, Galaxy Digital CEO Mike Novogratz unleashed a tirade of […]
The Japanese subsidiary of the now-defunct FTX crypto exchange has come out with a roadmap to resume withdrawals, after confirming that its customers’ assets are not part of FTX’s bankruptcy proceedings. The firm provided an update on Dec. 1, stating it has been able to confirm that its customers’ assets […]
The announcement comes amid regulatory concerns by the Japanese financial watchdog against the exchange. Japan has been keen to regulate the crypto space since the collapse of Mt. Gox. Binance has acquired Sakura Exchange BitCoin (SEBC), marking a return to the Japanese market after abandoning plans to set base in […]
The Bitcoin (BTC) price has rallied after hitting a high of $17,275. The bullish momentum has remained at the recent high. Bitcoin price long term forecast: bearish The largest cryptocurrency rose to an area of the market that was overbought. It is finding it difficult to break through the resistance […]
There is a favorable uptrend in altcoins this week. Chainlink, Fantom, Dogecoin, Huobi Token, and ApeCoin are among the best performing cryptocurrencies this week. Fantom and other cryptocurrencies perform best when they break through more resistance areas. Let us discuss the following points now. Fantom The price of Fantom (FTM) […]
The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed Bitcoin is the only crypto asset that can be viewed as a commodity during an invite-only crypto event at Princeton University, reported Fortune. Behnam’s comments are quite a contrast to his early statements in October, where […]
Former FTX CEO Sam Bankman-Fried apologized or admitted failure at least 12 times during his appearance at the New York Times’ DealBook Summit on Nov. 30. In a wide-ranging video interview, Bankman-Fried was asked to answer a number of questions surrounding the downfall of the now-defunct exchange, with some even […]
By Marcus Sotiriou, Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). As Bitcoin remains above $20,000, 66% of Bitcoin supply has not moved in a year, which is the largest percentage of supply last active over 1 year ago. This shows that BTC holders remain convinced in Bitcoin’s longevity. More institutions […]
Trading platform INX has submitted a bid for an undisclosed amount to purchase the assets of crypto brokerage firm Voyager Digital. In a Nov. 30 announcement, INX said it had sent a non-binding letter of intent for Voyager’s assets following the platform filing for bankruptcy in July. According to INX […]
In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a push for more clear guidelines and regulations on cryptos. The European Central Bank (ECB) released a blog post titled “Bitcoin’s last stand” on Nov. 30, which summarized the […]
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