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Bitcoin Tests $17K as Crypto Markets Add $40B on Musk and Binance Tweets (Market Watch)

The past 24 hours have been quite dynamic in terms of pricing on the cryptocurrency market. Bitcoin dropped below $16K, only to soar back toward $17K later, followed by the…

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Bitcoin Will Be The Winner: Michael Saylor on the FTX Collapse

The prominent bitcoin bull – Michael Saylor – opined that the FTX crisis will have certain benefits on bitcoin. In his view, the turbulence will eliminate thousands of useless digital…

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Was This Capitulation or More Pain Ahead for BTC Following the FTX Bankruptcy? (Bitcoin Price Analysis)

Market participants are going through a period of fear and uncertainty as the FTX exchange has recently announced bankruptcy after facing a massive liquidity crunch. As a result, Bitcoin plunged…

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El Salvador Does Not Hold Any BTC on FTX, Said Changpeng Zhao

The President of El Salvador – Nayib Bukele – reportedly dismissed the arising rumors that his country holds its bitcoin stash on the battered cryptocurrency exchange FTX. The information was…

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JPMorgan Thinks Bitcoin Could Plunge to $13K Following the FTX Crisis

JPMorgan’s team, led by Nikolaos Panigirtzoglou, predicted that the price of bitcoin could drop to $13,000 due to the turmoil following the FTX collapse. The cost to produce BTC has…

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Despite Disappointing Q3 Results, Marathon Is Now the Second-Largest BTC Holder

One of the leading crypto miners – Marathon Digital Holdings – recorded a net loss of $75.4 million, or $0.65 per share, during the third quarter of the year due…

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Binance Tops up Its Insurance Fund to $1 Billion Following FTX Crash

Binance’s CEO said the world’s largest cryptocurrency exchange increased its Secure Asset Fund for Users (SAFU) to $1 billion again. This comes as a result of the recent market plunge,…

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$640 Million Liquidated Amid Binance-FTX Fiasco, FTT Drops Below $10

Over $640 million in trades have been liquidated from crypto markets in the aftermath of FTX’s drama with Binance. Markets experienced a brief rally after Binance announced its intention to…

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