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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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Almost $400 Million in Liquidations as BTC Drops Below 20K

Despite the rally during the past couple of weeks, the cryptocurrency took a beating today. Bitcoin’s price plunged by more than 5%, dropping $20K. The total liquidations on a 24-hour…

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Mastercard’s CEO Explains When Cryptocurrencies Will Become Mainstream

Michael Miebach – Chief Executive Officer of Mastercard – thinks it will take more time than expected for crypto to become mainstream. However, he is optimistic that the asset class…

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