Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends.
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Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends.
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The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse.
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BTC price retraced the entirety of its intraday gains after Fed chair Jerome Powell issued hawkish statements in relation to today’s 0.50% interest rate hike.
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In Latin America, “crypto is functional, it has a real utility.” It can hedge inflation, provide access to dollars and internationalize wealth.
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CFTC court filing outlines a murky relationship between FTX and Alameda Research, highlighting the latter’s unfair trading advantage and misappropriation of user funds.
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According to CEO Changpeng “CZ” Zhao, Binance has seen outflows of an estimated $1.14B from its exchange
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The sudden uptick in outflows may have been caused by market makers leaving the exchange.
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GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.
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Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess.
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To distance themselves from the failed exchange, some politicians have already resorted to donating funds they received from FTX to charity.
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