Goldman sees client boomerang in ‘flight to quality’ as crisis engulfs crypto firms
Goldman Sachs’ head of crypto trading says investors are “coming back” to the bank to trade crypto after being spooked by crises at digital asset firms...
Tagged: crypto
JPM: “A New Wave of Crypto Decommissioning Underway”
Wild times. Even TradFi people are stuck staring on the crypto cluster right now, but JPMorgan’s Nikolaos Panigirtzoglou has followed the “asset class” longer than most...
Couple sent $10.5 million by Crypto.com claiming they thought they won a prize
The Melbourne couple who mistakenly sent almost $6.6 million, or A$10.5 million, to Crypto.com in 2021 are arguing in court that they believed the funds were...
Bitcoin price back above USD 20,000, Ether jumps as UK votes to regulate crypto
Bitcoin traded above US$20,000 for the first time in nearly three weeks on Wednesday morning in Asia. Ether and the rest of the top 10 cryptocurrencies...
Liquidations in the crypto market reach $830 million, when will the bleeding stop?
Crypto liquidations across the market have increased over the past 24 hours. Digital assets in the space suffered declines over the past 24 hours, which has...
Rise and fall of crypto exchange FTX
Nov 10 (Reuters) – Cryptocurrency exchange FTX teetered on the brink of failure on Thursday after a bailout by bigger rival Binance collapsed. CEO Sam Bankman-Fried...
British pound fell as crypto contagion devours risk assets. GBP/USD lower again?
British Pound, GBP/USD, US Dollar, Crypto, FTX, Crude Oil, Gold – Talking Points Support for the British pound faded as the US dollar resumed its strength...
Crypto Price Today Live: Bitcoin Falls Below $16K; Solana, BNB, Avalanche tank up to 35%
New Delhi: Carnage in the crypto markets pushed the top tokens lower, with Bitcoin falling below $16,000 levels for the first time in two years. The...
Crypto markets retreat with FTX after Binance exits bailout
By Georgina Lee and Tom Westbrook HONG KONG/SINGAPORE (Reuters) – Cryptocurrency markets pared big losses on Thursday, with bitcoin near a two-year low as investors worried...
Crypto disasters show that even giants can misunderstand risk
Zhao saw that selling a large amount of FFT could cause the price to fall, again creating a liquidity crisis over Alameda and FTX. Bankman-Fried tried...