Crypto Market Wrap: Bitcoin Holds Steady Above $42K, Ethereum Gains 2%

Binance, the world's largest cryptocurrency exchange, is facing increased scrutiny from regulators as it continues to expand its offerings and attractFTX, a cryptocurrency derivatives exchange, has filed for bankruptcy and owes its creditors over $16 billion, according to a recent court filing. The

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XRP Plummets as Cryptocurrency Market Experiences Declines

In a surprise move, FTX, the popular cryptocurrency exchange, has sold a majority stake to Abu Dhabi's sovereign wealth fund, Mubadala, for a whoppingThe premium for Bitcoin futures has reached a 10-year high, indicating strong institutional demand for the cryptocurrency. According to data from Deri

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Binance's CZ on Acquisition Strategy and DeFi Growth

The cryptocurrency market experienced a rollercoaster week, with Bitcoin (BTC) prices fading and altcoins rebounding as the stability of the TerraUSDThe Swiss National Bank (SNB) holds 37% of its reserves in bitcoin, according to its Chairman, Thomas Jordan. In an interview with Bloomberg, Jordan s

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Avalanche's X-Chain went offline for over an hour on Thursday, causing a ripple effect throughout the blockchain ecosystem. The outage was caused by aFTX, a cryptocurrency exchange, has been embroiled in a tumultuous bankruptcy process since November 2022. Here is a timeline of the key events that h

Arbitrum, a little-known blockchain, has been making headlines recently for its involvement in a high-profile crypto bankruptcy case. According to couThe cryptocurrency market is experiencing mixed signals, with Bitcoin hovering around $30,000 while other assets show varying degrees of growth or decIn a move that could potentially shake up the cryptocurrency market, the Reserve Primary Fund (RDC) has been cleared to launch a bitcoin exchange-tradAfter a brief dip below $40,000, Bitcoin has bounced back above $43,000, but faces resistance at the $48,000 mark. The daily relative strength index (

Goldman Sachs, one of the world's leading investment banks, is reportedly exploring the possibility of trading cryptocurrencies through a collaboratioThe recent Ethereum Shanghai upgrade has triggered a price rally, with the cryptocurrency surging over 24% in the past four days. The upgrade, which w

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Bitcoin Price Surges Above $27,000, Signaling Remarkable Upswing

The price of Bitcoin has surged to new heights, reaching $50,000 in recent days. This marks a significant milestone for the cryptocurrency, which hasThe correlation between Bitcoin and the Nasdaq index has been a topic of interest for many analysts and investors. Recently, there has been a noticeab

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Cromwell Adds Fuel to FTX Bankruptcy Fire, Objects to Sullivan & Cromwell's Retention

Binance, the world's largest cryptocurrency exchange, has been making waves in the US with its recent expansion and hiring of a former US Senator as aBinance, the world's largest cryptocurrency exchange, is under investigation for money laundering and tax evasion, according to a report by Bloomberg.

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Putin's Invasion of Ukraine Sends Shockwaves Through Markets

Despite a recent correction, bitcoin has regained ground and is currently trading at around $42,000. This comes as investors have shrugged off fears oDespite concerns of inflation due to the recent Consumer Price Index (CPI) release, Bitcoin options are signaling bullish sentiment, with a bias towar

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Terra's Luna Soars as Merge with Ethereum Nears

Binance, the world's largest cryptocurrency exchange, is under investigation by the Monetary Authority of Singapore (MAS) for violating the country'sThe price of Bitcoin has surged to $21,000, despite market uncertainty and a recent spike in volatility. According to Glassnode, the number of Bitcoin

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