Bitcoin mining difficulty set for sharpest drop since FTX collapse

Quick Take Bitcoin’s mining difficulty is on the brink of its most significant downward adjustment since the FTX collapse in December 2022. Newhedge forecasts a reduction of over 4% on May 9, which would mark a substantial trend shift after the Bitcoin halving.

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After FTX shock, Bitcoin holders brace for the long haul with record dormancy

Quick Take Over 70% of the existing Bitcoin supply has remained unmoved for a year, marking a significant rise. This uptick is primarily attributed to the wave of buyers who emerged after the FTX collapse in November last year when Bitcoin fell to $15,500.

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‘Big Short’ Author Michael Lewis On The Financial Crisis, FTX And Bitcoin’s Freedom From Intermediaries

At Bitcoin 2023, best-selling author and journalist Michael Lewis shared his views on Bitcoin, FTX and the ills of the financial system.

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Bitcoin and Ethereum Take A Nosedive As Fed Signal More Interest Rates Hike

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Bitcoin Bulls Are Braving The Storms Around FTX’s Fall, But Is A Crash To $10,000 Really In The Offing?

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Tim Draper still positive on $250K Bitcoin price prediction in 2023

The collapse of FTX crypto exchange has nothing to do with the success of Bitcoin because BTC is decentralized and FTX was not, Tim Draper said.

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Bitcoin Helps Users Avoid The Downfall Of FTX

An open letter to friends and family who are worried about the future of bitcoin due to the fiat business practices and subsequent collapse of FTX.

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Research: FTX implosion leads to aggressive Bitcoin accumulation for investors

The recent crash of FTX has led to massive capitulation for major cryptocurrencies, with Bitcoin (BTC) trading as low as $15,682 during the last seven days. The post Research: FTX implosion leads to aggressive Bitcoin accumulation for investors appeared first on CryptoSlate.

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Bitcoin will shrug off FTX ‘black swan’ just like Mt. Gox — analysis

There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience.

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Grayscale's Bitcoin Trust Shares Hit Record Discount of 36.7%

Bitcoin is down nearly 10% to $16,622 as FTX’s liquidity crisis continues to rattle the markets.

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First Mover Asia: Crypto Exchange BitMEX Publishes Proof of Reserves Ahead of Friday’s BMEX Listing; Bitcoin Rebounds After Dropping Below $16K

On Wednesday, Binance, Gate.io, KuCoin and Huobi were among the exchanges that said they would publish Merkle tree reserve certificates. Their announcements came amid the mounting crisis involving FTX.

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Bitcoin: A-Z of how the king coin fared following FTX's proposed acquisition

Bitcoin's price fell below the $17,500 mark for the first time in two years Short traders who had hoped for a further decline in price got liquidated Binance CEO Changpeng Zhao’s confirmatThe post Bitcoin: A-Z of how the king coin fared following FTX's proposed acquisition appeared first on AMBCrypto.

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Market Wrap: Bitcoin, Other Cryptos Continue to Plummet

The largest cryptocurrency by market capitalization was hurtling toward $16K amid the growing fallout from crypto exchange FTX’s collapse. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Alameda, In Eye of Crypto Storm, Takes $37M of Wrapped Bitcoin Off FTX.US Exchange

The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm's holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

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Bitcoin core developer, Jeff Garzik, sides with Binance

Sequel to Binance’s liquidation announcement of its FTX tokens, CZ and Jeff Garzik lends their wisdom to the crypto world. Jeff and Zhao lend their wisdom to the crypto world Following the announcement of a possible Binance buyout of troubled…

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Bitcoin Hits 2-Year Low Below $16K After Binance Backs Out of FTX Deal

Bitcoin's price fell as low as $15,625 Wednesday. It was the first time the largest cryptocurrency has fallen below $16,000 since November 2020. The BTC price was down 14% on the day, the biggest plunge in almost five months.

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Bitcoin May Revisit $10,000 for Worse Reason Than FTX Downfall: Bloomberg's Chief Analyst

Chief strategist of Bloomberg has named driver that may push BTC down to $10,000

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First Mover Americas: FTX Fallout Heats Up

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 9, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Bitcoin price dips under $17.6K June low as FTX nerves liquidate nearly $1B

BTC price pressure sees sellers take out existing two-year macro lows, but optimism over a relief “pump” is building.

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Bitcoin has fallen below $17,000 amid the FTX exchange’s liquidity crisis. The FTT token collapsed by 90%

Investors’ concerns about the solvency of the FTX cryptocurrency exchange and the safety of its users’ funds led to a drop in the cryptocurrency market. According to the Cryptovizor cryptocurrency screener, which determines the market price of BTC/USD based on the results of trading on the largest exchanges, the asset fell to $16,893.

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Bitcoin Price Takes Major Hit, Why The Bears Are Not Done Yet

Bitcoin price declined over 10% and even spiked below $18,000. BTC remains at a risk of more losses, as the FTX faces more heat. Bitcoin started failed to recover ground and declined over 10%. The price is trading below $19,500 and the 100 hourly simple moving average.

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Bitcoin Comes Dangerously Close to Crashing Below $17,000

The Bitcoin price has collapsed to a new yearly low amid the FTX drama

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Over $360M Bitcoin leave FTX in 2 days, marking 10th largest withdrawal in 2022

FTX recorded a withdrawal of over $360 million worth of Bitcoin(BTC) in two days, with the majority of sell pressure coming from whales.   This is reportedly the tenth-biggest BTC withdrawal this year.

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Bitcoin price swings to over $20K as Binance helps FTX ‘liquidity crunch’

Binance may even end up buying FTX outright as withdrawals resume on promises from the world’s largest crypto exchange.

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Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token

Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears that the FTX-Alameda drama may bring another market-wide crash.

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CryptoSlate Wrapped Daily: FTX’s FTT on verge of potential sell-off after Binance liquidates FTT holdings

The biggest news in the cryptoverse for November 7 includes Bitcoin mining difficulty’s decrease by 0. 19%, Binance’s decision to liquidate all its FTT holdings, and FTX CEO Sam Bankman-Fried’s assurance that the exchange is not going bankrupt.

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FTX-Alameda’s Financial Crisis Sends Bitcoin And Ethereum Prices Tumbling As The Week Opens

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Bitcoin heads to US midterms as research says dollar ‘closing in’ on a market top

Weekend losses solidify as macro volatility to come meets internal turmoil over FTX.

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These Events Will Be Key For Bitcoin And Crypto This Week

The Bitcoin and crypto market is kicking off what could be an extremely important week. While the market is currently overwhelmed by the news surrounding the battle between Binance CEO Changpeng Zhao (“CZ”) and FTX CEO Sam Bankman-Fried (“SBF”), the midterm elections and the release of the CPI data in the US are two major events that could be of crucial importance for the market.

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CryptoSlate Wrapped Daily: Vitalik deems crypto better than gold; SBF hints at creating FTX-backed stablecoin

The biggest news in the cryptoverse for October 27 includes  Vitalik Buterin affirming that crypto is better than gold, FTX planning to create its stablecoin, Bitcoin mining firm Core Scientific on the verge of insolvency, and a user paying just $0.

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Bitcoin, Ethereum Rally Liquidates Over $1 Billion Shorts Overnight

Top cryptocurrencies, including Bitcoin and Ethereum surged earlier this week, forcing over $1 billion in shorts liquidation in leading exchanges, FTX and OKEx.

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CryptoSlate Wrapped Daily: Bitcoin mining difficulty reaches new ATH; FTX, Binance US, Bittrex attacked by same phishing scam

The biggest news in the cryptoverse for October 24 includes a recent spike in Bitcoin mining difficulty leading to a new ATH, FTX agreeing to compensate its users’ losses to a phishing attack, and on-chain data reveals Binance and Bittrex were also attacked.

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CryptoSlate Wrapped Daily: GBP volatility reaches Bitcoin’s, Hodlonaut wins against Craig Wright in defamation case

The biggest news in the cryptoverse for October 20 includes the British Pound’s increasing volatility that is nearing Bitcoin’s, the unprofitable Q3 for Bitcoin miners, and FTX CEO Sam Bankman-Fried’s thoughts on crypto regulations and Hodlonaut’s victory against Craig Wright.

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Visa Launches Bitcoin, Crypto Debit Cards In 40 Countries In FTX Partnership

The partnership lets FTX exchange users in 40 countries easily spend their bitcoin and cryptocurrencies at any merchant that accepts Visa cards.

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FTX Grabs 30% Stake in Anthony Scaramucci's Crypto Fund as Bitcoin Surges 9%

Crypto billionaire Sam Bankman-Fried's FTX has bought 30% stake in Scaramucci's major crypto-oriented fund

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Bitcoin Surging 9% Causes Sharp Increase in Open Interest on Major Crypto Exchanges

Today's growth of main cryptocurrency spurred surge of open interest on Binance and FTX

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Here's When Bitcoin Will Start Growing Again: Billionaire Sam Bankman-Fried

FTX boss believes that "crypto will back a comeback" and shared his vision of how soon it would happen

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$1 Billion "Crypto Bailout" Attempted by FTX Boss, Here's Outcome

Head of FTX crypto trading giant has attempted to save sinking crypto businesses during Bitcoin crash, here's outcome

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Bitcoin Exchange FTX Wins Full Approval To Operate In Dubai

The company will build a headquarters in Dubai to operate exchange and clearinghouse services for bitcoin and cryptocurrencies through a subsidiary.

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FTX Looks to Shake up Futures Market With Tech That Renders Margin Calls Obsolete

U.S. cryptocurrency exchange FTX is seeking approval from the Commodity Futures Trading Commission to offer Bitcoin futures. The post FTX Looks to Shake up Futures Market With Tech That Renders Margin Calls Obsolete appeared first on BeInCrypto.

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Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

The crypto community is concerned that the transfer could lead to the dumping of more than $500 million Bitcoin into the market.

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FTX Derivatives Play Faces Pushback From Wall Street

FTX is pushing the Commodities and Futures Trading Commission to grant it a license to offer bitcoin derivatives to retail investors. The post FTX Derivatives Play Faces Pushback From Wall Street appeared first on BeInCrypto.

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Crypto Market Forecast: Week of June 27th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, derivatives dilute the value of Bitcoin, FTX extends a credit line to BlockFi, and Federal Reserve Chairman Powell says crypto needs a "better regulatory framework."

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BlockFi Raises Rates Three Days After FTX Bailout

BlockFi is raising the yield on its Bitcoin, Ethereum, and stablecoin lending products three days after FTX extended the company a $250 million revolving line of credit. The Powers of...

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FTX’s Harrison on how to model Bitcoin price outlook: ‘a lot of different proposed methods’

FTX U.S. President Brett Harrison told CNBC’s ‘Squawk Box’ on Thursday that the crypto industry… The post FTX’s Harrison on how to model Bitcoin price outlook: ‘a lot of different proposed methods’ appeared first on CoinJournal.

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FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital

On June 22, Voyager released a press release announcing a $200 million and 15K Bitcoin loan from Alameda Ventures. The post FTX CEO Sam Bankman-Fried now single largest shareholder of Voyager Digital appeared first on CryptoSlate.

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Сэм Бэнкман-Фрид рассказал о роли Alameda Research в поддержке индустрии в условиях спада

Alameda Research предпринимает усилия для смягчения негативных явлений на криптовалютном рынке из-за проблем Celsius и Three Arrows Capital. Об этом заявил ее глава Сэм Бэнкман-Фрид. After the collapse of TerraUSD, as 3AC and Celsius faltered, and before the venture fund he founded lent $485 million to Voyager Digital as the #Bitcoin sell-off continues, @SBF_FTX and I talked about #crypto contagion risk: https://t.

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FTX trading volume surpasses Coinbase in record month

The spot Bitcoin trading volume on FTX has surpassed Coinbase for the first time, hitting $30 billion in a single month. The post FTX trading volume surpasses Coinbase in record month appeared first on CryptoSlate.

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Most Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO

Only "scores" of cryptocurrencies may exist in future

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