Bitcoin News
What FTX Filing For US Bankruptcy Protection Means For Crypto Markets
Sam Bankman-Fried has stepped down as CEO of crypto exchange FTX as the company files for Chapter 11 bankruptcy in the U.S. Forex.com Global Head of Research Matt Weller discusses FTX's downfall and what this means for bitcoin (BTC), altcoins, and the crypto industry at large.
Crypto Markets Entering the 'Depression' Phase Amid FTX Bankruptcy Filing
Following FTX's Chapter 11 bankruptcy filing and CEO Sam Bankman-Fried's resignation, bitcoin (BTC) immediately dipped to the $16,000 level. "There's likely more pain ahead before we can finally form a bottom," said Matt Weller, Forex.com Global Head of Research.
Do Not Invest in Non-Bitcoin Crypto: NYDIG's Ross Stevens on FTX
NYDIG has consistently passed on opportunities to partner with the likes of FTX, as well as Three Arrows, BlockFi, Celsius and others of their ilk, said the chairman.
Bitcoin Slides Anew After FTX Bankruptcy Filing
The CoinDesk Market Index (CMI) dropped 3.3% during early U.S. trading hours on Friday.
Crypto-Linked Stocks Tumble After FTX Files for Bankruptcy
Bitcoin and ether both fell about 6% following the Chapter 11 filing Friday morning.
Matrixport's BTC Fixed Income Product Affected by FTX's Collapse
The firm faces no risks of insolvency, Matrixport's spokesperson told CoinDesk.
First Mover Americas: FTX’s Empire Is Crumbling
The latest price moves in crypto markets in context for Nov. 11, 2022.
India's Enforcement Directorate Freezes $2.5M More Crypto in Gaming App E-Nuggets Case
The total value of frozen or seized assets in the case is about $8.4 million.
First Mover Asia: Possible Legal Filings Could Clarify FTX’s Relationship to Alameda; Bitcoin Hovers Near $17K
Possible legal filings could show how intertwined FTX and its sister company were, even as CEO Sam Bankman-Fried follows through on his promise to shutter Alameda.
