Bitcoin price hits multi-year low at $15.6K, analysts expect further downside
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market.
BTC and altcoins collapse following news that Binance declined to purchase FTX. Analysts share their perspectives on what’s next for the market.
Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement.
The firm pushed Maple Finance to halt Alameda’s dedicated borrower pool earlier this year.
“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger.
Binance faces far less competition in the aftermath of FTX’s fall, but it still may not win a surge in new users.
Pages for the quantitative trading firm and the venture capital arm have been taken offline and made private.
Political newcomer and Bitcoin holder J.D. Vance will take Rob Portman’s U.S. Senate seat in Ohio, but majority control of both chambers of Congress has yet to be decided.
South Korea’s central bank has tested purchasing NFTs with their central bank digital currency (CBDC).
Temasek invested in a series of FTX’s round findings that led to its $32 billion valuation in January.
The largest franchise in the world, Subway, is testing out the Lightning Network layer-2 Bitcoin payments solution and receiving encouraging results in Berlin, Germany.