Bitcoin News
Market Wrap: Investors Continue to Learn More About FTX's Mismanagement
Bitcoin and ether held steady at their most recent support levels.
Crypto Market Analysis: Roller-Coaster Week Ends With Bitcoin Volatility Falling
ALSO: This week’s Fed commentary provided something for doves, hawks and those in between. BTC and USD move in tandem.
Bitcoin Trading Sideways Around $16K Amid FTX Gloom
CoinDesk Markets Managing Editor Brad Keoun and Tech Managing Editor Christie Harkin review the impact of crypto exchange FTX's implosion on bitcoin as the cryptocurrency continues to trade sideways around $16,000. Plus, what it reveals about the need for self custody and the state of the crypto industry.
Bitcoin Outlook Amid Record Outflows in Wake of FTX Collapse
CoinDesk's Brad Keoun and Christie Harkin discuss their outlook for bitcoin (BTC) outflows from centralized exchanges and the wider crypto markets amid the continued FTX contagion.
Crypto’s Swooning: Total Market Cap Falling to Early 2021 Levels
On the heels of the collapse of crypto exchange FTX, crypto’s overall market cap has sunk to as low as $763 billion from a peak of $2.5 trillion in May 2021. Bitcoin’s market cap has plunged to $319 billion from above $1 trillion last November. The current market cap for the industry hasn’t been this low since early last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
‘Grayscale Discount’ Widens to Record 43% as FTX Contagion Spreads
The added pressure comes after Genesis Global Capital – a corporate sibling to bitcoin trust manager Grayscale Investments – halted customer withdrawals from its lending unit this week.
Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged
Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.
Bitcoin Above $16K as Cryptos Ignore the FTX Chaos
Bitcoin (BTC) is holding comfortably above its $16,000 support level as cryptos continue to ignore the FTX chaos. IDX Digital Assets CIO Ben McMillan discusses the impact of FTX’s fallout on the broader crypto market and the total market capitalization of digital assets that have fallen below $800 billion.
La capitalización del mercado cripto cae por debajo de US$800B tras el colapso de FTX
El desastre que involucra al exchange FTX desencadenó descenso en los precios del segmento cripto, que este mes ya perdió US$183.000 millones en valor de activos digitales.
First Mover Americas: FTX's Troubles in Paradise
The latest price moves in crypto markets in context for Nov. 18, 2022.
