Singapore’s Temasek to review FTX crypto deal after $275m hit
Temasek still holds its investments in many other crypto-related businesses despite writing down its $275 million investment in FTX. According to Deputy Prime Minister Lawrence Wong, Temasek, a government-owned investment company in Singapore, has endured much more than just monetary losses as a result of its investment in FTX. Temasek’s $275 million investment in FTX, […]
10 candlestick patterns every trader should know
Candlestick patterns are used by traders to predict the future direction of price movement. In this article, you’ll learn 10 of the most common candlestick patterns and how you can use them to identify trading opportunities. What is a candlestick? A candlestick is a method of displaying information regarding the price movement of an asset. […]
Kraken cuts 30% of staff to ‘weather crypto winter’
The cryptocurrency exchange Kraken said it was getting rid of 1,100 jobs or 30% of its staff. Former CEO and co-founder Jesse Powell, who left his job in September, made the announcement. Kraken is the latest cryptocurrency company to lay off a lot of people. In a blog post, co-founder and former CEO of Kraken, […]
INX Digital Bids to Purchase Voyager Assets
The INX Digital Company, Inc. said today that it has sent a non-binding Letter of Intent to buy Voyager Digital Ltd’s assets. This comes after Voyager Digital Ltd filed for bankruptcy. INX is one of the companies that are competing to buy Voyager’s assets. INX’s offer to buy Voyager takes advantage of the fact that […]
Weekly Altcoins analysis (ADA &UNI)
November has been a continued downtrend for major altcoins. ADA showed a 0.6% depreciation on the previous day. Given that the market is anticipated to exit lateral trading, the next few trading sessions for ADA are still critical. Depending on how rapidly it overcomes its present barrier. The price level is still being lowered by […]