Saturday, December 21, 2024
Home > Embattled

Bitcoin BTC Price Drops Below $28K as JPMorgan Takes Over Embattled First Republic Bank

“After a breakout (BTC above ~$25,000), it’s important to pay attention to pullbacks to gauge the buy strength remaining,” bitcoin mining equipment and hosting provider Blockware Solutions Analysts wrote in a newsletter on Friday. “In this case, BTC flashed some pretty bullish signals, as buyers quickly stepped in at the

Read More

Bitcoin BTC Price Drops Below $28K as JPMorgan Takes Over Embattled First Republic Bank

“After a breakout (BTC above ~$25,000), it’s important to pay attention to pullbacks to gauge the buy strength remaining,” bitcoin mining equipment and hosting provider Blockware Solutions Analysts wrote in a newsletter on Friday. “In this case, BTC flashed some pretty bullish signals, as buyers quickly stepped in at the

Read More

Embattled Crypto Lender Celsius Network Allocates $25M for Custody Account Withdrawals, Burns $500M in Wrapped Bitcoin

Crypto lender Celsius Network, which is currently operating under bankruptcy protection, has established a crypto wallet with $25 million of digital assets for Celsius’ custodial account holders to withdraw, blockchain intelligence firm Arkham Intelligence said in a report. Source

Read More

Embattled Swiss Banking Giant Credit Suisse Loses One of Its Major Backers

Zurich-based financial powerhouse Credit Suisse plans to improve its operational outlook after losing one of its biggest backers.  Credit Suisse recently lost one of its most significant backers after Harris Associates sold out its entire stake in the Swiss banking giant. Harris Associates, Credit Suisse’s top shareholder for several years, decided

Read More

Chainlink Labs offers Proof of Reserve service for embattled exchanges

Chainlink Labs offered its Proof of Reserve product as a solution to future trust issues in the crypto exchange market on Nov. 10. In a tweet thread, Chainlink Labs asked “Will crypto continue to repeat the mistakes of the traditional black-box financial industry? Or will a better system emerge?”#Crypto is at

Read More

Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX – Bitcoin News

According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and

Read More