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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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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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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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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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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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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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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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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
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Bitcoin after drifting lower for months and spending recent weeks in a tiny trading range, has delivered 24-hour gains. The coin is now about of 7% up. Meanwhile, hitting its highest levels since mid-September, world's
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In November 2021, Bitcoin looked unstoppable as its price approached $70,000 per coin. Since then, the cryptocurrency has lost nearly 70% of its value and it now trades for about $19,000. Was this just a
