Bitcoin News / Bitcoinist - 2 years ago
FTX disintegrated in November last year which then led to a cascade of events that exacerbated the already struggling crypto market.
The failed exchange is again hogging the headlines as FTX reports more than $415 million worth of crypto was hacked....
Bitcoin News / Bitcoin Magazine - 2 years ago
Bitcoin price correlates with high-beta stocks in the recent move upward. Global liquidity is increasing as financial conditions loosen.The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newslett...
Bitcoin News / Bitcoin Magazine - 2 years ago
The new grant, in partnership with Paradigm, will bring Okcoinβs support of Bitcoin Core development to $1.5 million.Cryptocurrency exchange Okcoin, alongside partner investment firm Paradigm, has announced a new set of funding for Bitcoin Core contr...
Bitcoin News / Bitcoin.com - 2 years ago
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has suspended dividends until further notice. This news follows the U.S. Securities and Exchange Commission (SE...
Bitcoin News / Bitcoinist - 2 years ago
Data shows that Bitcoin’s correlation with Nasdaq has fallen to the lowest since December 2021 as BTC continues its strong momentum.
Bitcoin’s 30-Day Correlation With Nasdaq Plunges To Just 0.29
According to the latest weekly report from...
Bitcoin News / Bitcoin Magazine - 2 years ago
The DOJ has charged the exchange with facilitating more than $700 million in illicit transactions tied to Russia, money laundering and criminal activity.The U.S. Department of Justice (DOJ) has announced the closure of the Bitzlato cryptocurrency exc...
Bitcoin News / Bitcoin.com - 2 years ago
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam Bankman-Fried (SBF) took to Twitter to share a blog post from his Substack newsletter. SBF stated that the presentati...