CEO of Ark Invest, Cathie Woods, is bullish on Bitcoin despite the FTX collapse, stating that the Bitcoin blockchain continued to operate as usual. In a December 11 tweet quoting Ark Invest’s November report on…
Leading crypto brokerage firm FalconX revealed that roughly 18% of its funds are stuck on the bankrupt crypto exchange FTX. According to the firm’s December 8 press statement, its financial position remains strong…
United States lawmakers have been pushing for certain witnesses — including Sam Bankman-Fried — to appear before committee hearings scheduled in December. Who should the crypto space expect to see testifying on the…
This past month’s Producer Price Index (PPI) in the U.S. came in slightly higher than expected, edging markets down slightly. In Nov., PPI rose 0.3% over the previous month and 7.4% over the…
A United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies saying the sector should take a “cautious approach” and seek permission in some cases when engaging with crypto or…
In today’s analysis, BeInCrypto looks at the Wyckoff schematics, which can explain the current accumulation phase of the Bitcoin (BTC) price. This pattern, known from traditional markets, has already been used to correctly…
Cryptocurrency exchange Gate.io announced the launch of an industry recovery fund following similar efforts by other exchanges. Gate.io said its $100 million liquidity support fund would be available to all industry participants. In…
A member of the Iranian parliament has told local media the government plans to impose new punishments on women who do not wear a hijab in public, with individuals who refuse to comply…
MicroStrategy Executive Chairman Michael Saylor has accused former FTX CEO Sam Bankman-Fried of “diabolical” front-running and using FTX as his personal piggy bank. The former MicroStrategy CEO came out guns blazing in a…
Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 report from Bloomberg, FTC…
Circle Internet Financial and Concord Acquisition Group boards decided to end a Special Purpose Acquisition agreement that would have seen Circle become a publicly-traded company. Both companies ended the arrangement after being given…
Former CEO of FTX, Sam Bankman-Fried, has signaled he’s unwilling to testify before the United States Congress until he’s “finished learning and reviewing what happened.” Bankman-Fried was responding to a Dec. 2 tweet…
Sam Bankman-Fried said he could not explain how billions of customer funds were missing at Alameda. SBF added that customer funds deposited into FTX might have been lent to the crypto trading firm….
In an opinion piece in New York Times, crypto skeptic Paul Krugman argued that we might be seeing the end of crypto. The article “Blockchains, What Are They Good For?” discussed the end of…
A judge with the Seoul Southern District Court has reportedly set aside arrest warrants for Terra co-founder Shin Hyun-seong along with those of 3 Terra investors and 4 developers. According to an Dec….
Blockchain-based digital IDs have seen significant growth over time. Different bodies, from the EU to Pacific Islands, have showcased support. The blockchain identity market can grow a further $3.58 billion by 2025 at…