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Bitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B

Bitcoin has decoupled from stocks and continues to rise 10 years after the Cyprus banking crisis coincided with a BTC price boom.

Continue ReadingBitcoin market cap grows 60% in 2023 as top Wall Street banks lose $100B

FTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings ‘undetermined’

The presentation reported $25 million in donations — political and otherwise — from three of the FTX silos, but added “limited information” was available on crypto donations.

Continue ReadingFTX debtors report $11.6B in claims, $4.8B in assets with many crypto holdings ‘undetermined’

Fed starts ‘stealth QE’ — 5 things to know in Bitcoin this week

Bitcoin and crypto react bullishly to news that the Fed is providing liquidity again in the wake of Silicon Valley Bank failing and Signature Bank being closed.

Continue ReadingFed starts ‘stealth QE’ — 5 things to know in Bitcoin this week