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Month: November 2022

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Bitcoin And Ethereum Updates And Analysis For November

Bitcoin And Ethereum Updates And Analysis For November

Bitcoin fell below $16,700 on Friday after FTX announced it filed for bankruptcy. The world's largest crypto reversed above $18,100 Thursday following the CPI report. This happened after nearly reclaiming the $21,000 level over the

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Fidelity Should Drop Bitcoin Retirement Plan After FTX Crash – Lawmakers

Fidelity Should Drop Bitcoin Retirement Plan After FTX Crash – Lawmakers

U.S. Senators today sent another letter to investment giant Fidelity Investments. In the letter, they warn against offering Bitcoin to its customers following the collapse of crypto exchange FTX. Furthermore, senators Elizabeth Warren of Massachusetts,

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Bitcoin Trades Below $16,000 As Dogecoin Tanks By 11%

Bitcoin Trades Below $16,000 As Dogecoin Tanks By 11%

In cryptocurrencies, the world's largest digital token Bitcoin's price today was trading more than 4% lower at $15,973. This catches it slipping below the $16,000 mark. On the other hand, Ether, the coin linked to

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Genesis Become Latest Casualty Causing Bitcoin To Fall Further

Genesis Become Latest Casualty Causing Bitcoin To Fall Further

A multi-billion dollar lending unit of a cryptocurrency has to halt withdrawals, the company’s CEO announced. Genesis Global Capital, which had $2.8 billion in total active loans by September had who to blame. They blamed

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Fear Hits Cryptocurrency – FTX Hack Compounds The Crypto issue

Fear Hits Cryptocurrency – FTX Hack Compounds The Crypto issue

It goes without saying that last week's collapse of the FTX exchange represents one of the crypto industry's worst-ever episodes. It was one episode that clearly reflected in digital-asset markets.  FTX Effects On Cryptocurrency Giants

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Bitcoin Crashes As FTX Contact With Binance Fails

Bitcoin Crashes As FTX Contact With Binance Fails

The price of Bitcoin is now below $17,000—the first time that the asset has dropped that low since November 2020. The Reason For All Of The Noise Surrounding Bitcoin It’s been a volatile week for

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In Lebanon Locals Now Mine Bitcoin And Buy Groceries With Tether

In Lebanon Locals Now Mine Bitcoin And Buy Groceries With Tether

When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. However, by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a

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Bitcoin, Ethereum And Stocks Jump As A Result Of Latest Feds Rate Hike

Bitcoin, Ethereum And Stocks Jump As A Result Of Latest Feds Rate Hike

The Federal Reserve announced today that it will continue with its aggressive monetary policy to fight inflation. Consequently, both crypto and traditional markets are reacting positively to the news. Bitcoin, the largest cryptocurrency, was trading