FTX reaffirms Galaxy Asset Management as exclusive intermediary amid bankruptcy chaos

2024-3-3 21:39

Defunct crypto exchange FTX has emphasized Galaxy Asset Management as its sole authorized intermediary to streamline its asset sales amid bankruptcy proceedings. 

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Price speculators sees highest single-day loss of $774 million YTD amid Bitcoin upward trajectory

Speculators on crypto derivatives suffered significant losses in the past day, totaling around $774 million, marking the highest single-day loss of the year due to volatile market swings. Bitcoin, the bellwether digital asset, surged to its highest level since November 2021, surpassing the $63,000 mark in a remarkable rally.

2024-2-29 12:27


Crypto Giants In Trouble: Binance And Coinbase Grapple With Access Bans Amid Nigeria’s Crypto Crackdown

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase.  According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN) […]

2024-2-23 04:00


Behind Ethereum’s Surge: Here’s How This Whale Is Taking Advantage Of The ETH Rally

In recent weeks, Ethereum has witnessed a noticeable uptick in its market price, reaching a one-month high and showcasing a growing demand for the asset. Amid this development, the on-chain analytics platform Lookonchain revealed an Ethereum whale’s noteworthy strategy, marking a bold stance on Ethereum’s future trajectory.

2024-2-14 04:30


Bitcoin volume falls to 3-year low as summer activity sags

Crypto volumes are sagging amid summer lull In dollar terms, the amount of Bitcoin moving on-chain is at three-year lows Trading activity commonly dies down in trad-fi markets at this time of year However, falling crypto volumes have been realised consistently over the last year, while the dropoff has been starker than other asset classes […] The post Bitcoin volume falls to 3-year low as summer activity sags appeared first on CoinJournal.

2023-8-3 13:26