Tag: FTX

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$16K Bitcoin dropping to $12K–$14K — Can this really happen? Watch The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss if Bitcoin can actually drop all the way down to $12,000 or $14,000 and how the markets could potentially react. On this week’s The Market Report show, Cointelegraph’s resident experts discuss the possibility of a $12,000–$14,000 Bitcoin (BTC) price and what that would…
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Bankrupt Crypto Firm BlockFi Sues FTX Founder Sam Bankman-Fried For $580 Million

Bankrupt crypto lender BlockFi is suing FTX’s founder Sam Bankman-Fried to seize shares in the US trading platform Robinhood, allegedly pledged as collateral by the former FTX CEO just days before the exchange notoriously imploded…. Read More: Bankrupt Crypto Firm BlockFi Sues FTX Founder Sam Bankman-Fried For $580 Million  Read more »Sign up for e-EUR…
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Spanish Securities Regulator CNMV Warns About Crypto Investments; Calls for Caution After FTX Downfall

The Spanish securities regulator (CNMV) has warned investors against putting funds in crypto-related companies. Montserrat Martinez Parera, vice president of the organization, stated that lack of control is one of the causes of the downfall of the crypto exchange FTX, and that anyone looking at crypto as an investment must be very careful due to…
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Chainlink eyes 25% rally ahead of LINK staking launch in December

LINK’s price could rally on speculations over Chainlink’s oracle services growth coupled with a supportive technical pattern. Chainlink (LINK) looks poised for 25% price rally in the days leading up to its staking protocol launch, based on several fundamental and technical facto. Chainlink price rallies ahead of staking launch The staking feature, which will go…
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Don’t Forget the Importance of Censorship Resistance

Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. I’m talking about censorship resistance. The following opinion editorial was written by Bitcoin.com CEO Dennis…
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Binance Coin (BNB) Bulls And Bears Tussle $290; Here Is What To Expect

BNB’s price struggles as price hold above $290 to maintain the bullish sentiment BNB’s price remains strong as bulls dominate the market; the price fails to break and close above $320 with so much uncertainty in the market BNB’s price trades below get the 200 Exponential Moving Average as the price continues in bearish movement…
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Billionaire Mike Novogratz Says These Cryptos Are Here to Stay Despite Current Bear Market – Here’s What You Need to Know

Mike Novogratz, the founder of the US-based crypto financial services firm Galaxy Digital Holdings, named two major cryptocurrencies among those that are here to stay despite the massive turbulence seen in the crypto market this year: Bitcoin (BTC) and Ethereum (ETH).  The CEO shared his thoughts during an interview with CNBC on Wednesday, stating that,…
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JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse

JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives, including those focusing on custody, customer asset protection, and transparency. JPMorgan Expects Major Changes in Crypto Industry Post FTX Meltdown Global investment bank JPMorgan published…
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BlockFi sues FTX’s Bankman-Fried over shares in Robinhood

BlockFi is demanding Bankman-Fried’s investment company turn over its shares in Robinhood as collateral it agreed to pay as part of a pledge agreement. Newly-bankrupt crypto lending platform BlockFi has filed a lawsuit against Sam Bankman-Fried’s holding company Emergent Fidelity Technologies seeking his shares in Robinhood that were pledged as collateral earlier in November. The…
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From the NY Times to WaPo, the media is fawning over Bankman-Fried

Mainstream media outlets just can’t seem to stop drooling over the disgraced FTX founder. Nearly three weeks have passed since FTX founder Sam “SBF” Bankman-Fried announced that his exchange was facing a deep liquidity crisis, was unable to find a last-minute bailout, and was forced to file for Chapter 11 bankruptcy. The insolvency impacted millions…
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