Bitcoin News
Bitcoin Dips to 2-Year Low as Binance Backs Out of FTX Deal
Bitcoin (BTC) dropped to its lowest level in two years on Wednesday as traders processed the news that Binance retreated from an earlier plan to buy troubled exchange FTX. Citi’s Digital Asset Analyst Joe Ayoub discusses the performances of BNB and FTT tokens and other players affected by the FTX crisis. Plus, an outlook on the stumbling market.
JPMorgan Sees Wave of Crypto Deleveraging From FTX’s Woes
JPMorgan strategists said bitcoin's production cost could be an indicator of the market bottom.
First Mover Americas: Justin Sun Rises
The latest price moves in crypto markets in context for Nov. 10, 2022.
Bitcoin Gains 10% After Report Showed US Consumer Prices Rose Slower Than Expected in October
Taking a break from the panicky action this week, bitcoin rose following the sizable slowdown in inflation.
Acciones de Grayscale Bitcoin Trust alcanzan un descuento récord de 36,7%
Bitcoin cayó alrededor de 10% a US$16.622 a medida que la crisis de liquidez de FTX continúa agitando a los mercados.
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.
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.
Market Wrap: Bitcoin, Other Cryptos Continue to Plummet
Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals, and then said it won't.
Bitcoin Tumbles Below $17K Amid Worries Over FTX-Binance Deal
The fallout of crypto exchange giant FTX's liquidity concerns continues to rattle the crypto markets. Bitwise Chief Investment Officer Matt Hougan discusses his outlook for bitcoin (BTC) as the cryptocurrency falls below $17,000 to its lowest level in 23 months.
$940M Bitcoin 'Longs' Liquidated in 48 Hours
Nearly $1 billion worth of bitcoin (BTC) in long positions on crypto exchanges were liquidated as markets fell on FTX contagion fears, according to Coinglass data. Total crypto market capitalization slid to $900 billion from over $1 trillion on Wednesday morning as traders reacted to speculation around prominent exchange FTX's liquidity issues. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
