Genesis Bankruptcy Agitation Send Bitcoin to Fresh Low
According to a report by Bloomberg, the beleaguered cryptocurrency investment bank is holding discussions with possible investors for at least one billion dollars in additional cash. According to Bloomberg, which cites people familiar with the situation as sources of information, Genesis Global Trading has reportedly mentioned bankruptcy as a potential option as it seeks fresh […]
Unchained Capital Cutting Staff, Reshuffling Management
Even though the Unchained capital doesn’t deal with FTX, the long bitcoin bear market is hurting parts of the business. About fifteen percent of Unchained Capital employees were let go, and Parker Lewis, the company’s head of business development, was elevated to the board of directors. Will Cole, the company’s chief product officer, was promoted […]
4 Tips on surviving the recent black swan event in the crypto market
Given the recent happenings in the crypto market, now might be a good moment to evaluate some of the best things you can do, as a trader and as a person, to protect yourself against similar events in the future. While the failure of a huge cryptocurrency exchange is the most recent example of a […]
BTC to $10k, is it possible?
Due to the ongoing FUD in the crypto market, BTC has lost over 10% of its value, and it’s currently hanging on the $15,000 support level. Technical indicators show BTC could hit $10,000 before the end of 2022. Last week, we saw a huge decline in the prices of crypto assets due to the crash […]
Bitcoin Trades, Losing on Fed Day? We’ll Find Out
Five of the six days after the Federal Reserve announced new interest rates, the price of BTC went in the opposite direction. This year, the price of bitcoin has changed direction five out of six times after the U.S. central bank made a decision about interest rates. On three occasions, the price of BTC fell […]