Markets: Bitcoin falls below US$23,000, Ether drops as crypto market follows equities lower
Bitcoin traded below US$23,000 on Monday morning in Asia, tracking a decline in U.S. equities as unexpectedly strong job growth numbers on Friday raised concerns markets may face more interest rate hikes to slow the economy and inflation.
Why Silvergate Capital Sank in January
The bank is reeling from its connection to the cryptocurrency fraud FTX.
First Mover Asia: Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
ALSO: As crypto prices rise, venture capital into the blockchain space is likely to rise. But will venture firms learn from their past overindulgences in the sector? Bitcoin dips below $23K in early weekend trading before recovering slightly.
First Mover Asia: Bitcoin Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
ALSO: As crypto prices rise, venture capital into the blockchain space is likely to rise. But will venture firms learn from their past overindulgences in the...
Visa Embraces Crypto, Starts Testing Stablecoin Settlements
"It's very early days, but we continue to believe that stablecoins and central bank digital currencies have the potential to play a meaningful role in the payments space...," Visa CEO Al Kelly said in January.
Markets: Bitcoin falls below US$23,000, Ether drops as crypto market follows equities lower
Bitcoin traded below US$23,000 on Monday morning in Asia, tracking a decline in U.S. equities as unexpectedly strong job growth numbers on Friday raised...
Spanish rehab center adds crypto trading addiction to services list
The rehabilitation center cited estimates that about 1% of cryptocurrency traders will develop an "extreme" addiction to crypto trading.
Crypto needs ‘adult supervision’ and turmoil to ‘grow up’ — Microstrategy co-founder
MicroStrategy co-founder, Michael Saylor, believes the cryptocurrency industry will “grow up” through the current “meltdown” as a wave of bankruptcies hit the space resulting from tough market conditions.
Binance Tax launched to prepare crypto users for the tax season
The current version of Binance Tax is operational only for Binance .com users in France and Canada, with other global regions to be added in the near future.
Google Invests In ChatGPT Rival Despite Controversial Link To FTX's Sam Bankman-Fried
Anthropic, in an announcement, also confirmed that it previously raised capital from Bankman-Fried and Caroline Ellison, the former CEO of the now-bankrupt crypto hedge fund Alameda Research.
South Korean regulator provides guidance on security tokens
Digital assets that fit the descriptions for security tokens will be regulated under the country's Capital Markets Act.
FTX Wants Its Political Donations Back; Threatens Legal Action
FTX also reiterated that those who received funds from third parties associated with the crypto exchange platform, like charities, are not exempted and assured that the company will still recover the funds.
