Crypto prices rally late, despite crypto lender BlockFi filing for bankruptcy protection and ongoing protests in China over Covid restrictions.
Insights: What's the price of irreverence on crypto Twitter? A joke about wrapped ether spooked investors.
Centralized exchanges will continue to control the majority of global digital-asset trading volumes, JPMorgan said, contradicting some crypto-native experts who expect a shift toward decentralized platforms in the wake of FTX's collapse.
On a quiet holiday weekend in cryptocurrency markets, DOGE made some noise. The popular meme coin soared 16% over the previous 24 hours and was trading at more than 10 cents. DOGE has risen nearly 50% since last Monday with most of its gains occurring during U.S.
Crypto in November has basically been a mess because of the fall of FTX. However, there is so much to be thankful for.
I am thankful the fallout isnβt really DeFiβs fault and I am also thankful the fallout happened during a bear market.
BTC has been holding steady around $16,000 for the past three weeks, although it took a brief dip below $15,500 on Monday amid fears about the future of crypto trading and lending firm Genesis Global Capital, which has been caught up in crypto platform FTX's implosion.
The various divisions of Sam Bankman-Fried's crumbling set of companies have $1.2 billion in cash as of Nov. 20, far below the $3.1 billion it owes its top 50 creditors, court documents show.
Most addresses holding bitcoin (BTC), the largest cryptocurrency, are now in the red, the first time that's happened since the start of the coronavirus-induced crash of March 2020.