The failure of crypto exchange FTX and a midterm U.S. election that saw the more regulation-friendly Democratic Party overperform expectations could spell trouble for a digital-asset industry that was hoping Read more
Tag: Bitcoin USD
Crypto investors rattled as Binance abandons its proposed acquisition of rival FTX
Binance, the world’s largest crypto exchange, is abandoning its proposed acquisition of the non-U.S. assets of rival FTX, amid the latter’s liquidity crunch. “As a result of corporate due diligence, Read more
Crypto investors rattled as Binance reportedly leans against completing its acquisition of rival FTX
Binance, the world’s largest crypto exchange, is reportedly unlikely to follow through with its proposed acquisition of the non-U.S. assets of rival FTX, amid the latter’s liquidity crunch. After about Read more
Crypto companies shares closed sharply lower, as bitcoin fell briefly to a 2-year low
Crypto company shares and funds closed sharply lower on Tuesday as bitcoin dropped briefly to a two-year low, even though the three major U.S. equity indexes ended higher. Bitcoin BTCUSD, Read more
Coinbase stock plunges on news of Binance-FTX merger, which sets up ‘seismic’ change in competition
Shares of Coinbase Global Inc. tumbled in active trading Tuesday as the cryptocurrency platform faced concerns over increased competition from the Binance-FTX merger deal. The stock COIN, -12.05%, which was Read more
Crypto exchange Binance to provide proof of reserves soon, says CEO
The world’s largest crypto exchange Binance will start providing proof of reserves soon, after it proposed an acquisition of the non-U.S. assets of rival exchange FTX, which faced a liquidity Read more
Here’s the trouble under the hood at Warren Buffett’s Berkshire Hathaway
It’s midterm day in America, so pack your weapon (where legally permitted), have your local election lawyer on speed dial and get out the popcorn. U-S-A, U-S-A. More on that Read more
Bitcoin, Ether fall sharply on as token linked to FTX takes a sharp tumble
The price of bitcoin fell below $20,000 for the first time in nearly four weeks on Tuesday, with Ether also under pressure as a token linked to crypto exchange FTX Read more
Tensions rise between crypto exchanges Binance and FTX. What it means for the market.
Some investors are concerned that tensions between major crypto exchanges Binance and FTX could weigh on the digital asset market, which has already suffered from price mayhem this year. Binance Read more
LBRY loss against SEC threatens to make ether a security, crypto boosters fear
A federal judge ruled Monday that video-hosting platform LBRY Inc. illegally sold its native token to U.S. investors, in a win for the Securities and Exchange Commission that could pave Read more