Crypto Market Collapse: FTX and Correlations
In a recent interview, billionaire investor Tim Draper predicted that Bitcoin will reach $250,000 by 2025, citing the cryptocurrency's ability to bypaBitFlyer, a leading cryptocurrency exchange based in Japan, has announced that it is complying with the Travel Rule set forth by the Financial Action
The cryptocurrency market experienced significant volatility on Wednesday, with the Dow Jones Industrial Average (DJIA) falling by 0.3% and the S&P 50The cryptocurrency market has seen significant losses in the past week, with Ether (ETH) and Bitcoin (BTC) prices dropping to $24,000 and $28,500 resp
The Federal Reserve raised interest rates by 0.4% on Wednesday, bringing the target range to 5.0%-5.25%. This move was expected, as the Fed has been sDespite signs of a downtrend in the past few weeks, Bitcoin has managed to maintain strength and bounce back from the $37,000 support zone. The crypto
The recent performance of Bitcoin and the S&P 500 has been vastly different, with Bitcoin experiencing a significant decline while the S&P 500 has reaBitfarms, a publicly-traded bitcoin mining company, has announced the expansion of its operations in Paraguay with the signing of hydropower agreement
The price of Bitcoin (BTC) has been trending downward in recent days, with investors awaiting the Federal Reserve's decision on interest rates. The FeBrazil's crypto market is experiencing significant growth amid economic uncertainty, with companies like Bitso, Crypto.com, and Ripio leading the char
The optimism surrounding Bitcoin (BTC) continues to grow, with investors eyeing gold and exchange-traded funds (ETFs) as potential hedges against inflThe price of Bitcoin (BTC) and Ethereum (ETH) has plunged in recent days, with the former falling by over 6% and the latter by over 9%. According to d
In a surprise move, Warren Buffett's Berkshire Hathaway has invested in Bitcoin, signaling a potential shift in the investment landscape for the cryptBinance, the world's largest cryptocurrency exchange, has suffered significant losses in liquidations, with over $320 million in losses in just one da
Crypto markets have seen a boost this week, with the Dogecoin-linked U.K. Subscribe service providing a significant increase in trading activity. TheTether, the largest stablecoin by market capitalization, has reached a new milestone with its market dominance reaching 80%. According to data from Co