Bankman-Fried Apologizes to FTX Employees, Details Amount of Leverage in Internal Letter
Former FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company. Source
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Leverage
Bitcoin traders increase leverage longs even as crypto critics say BTC is a ‘pure Ponzi’
Bitcoin (BTC) price has tested the $16,000 resistance multiple times since the 25% crash that occurred between Nov. 7 and Nov. 9, and some critics will justify their bearish bias by incorrectly assuming that the failure of FTX exchange should trigger a much broader correction.It's kind of annoying me that
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Morgan Stanley Says There Is Still Much Leverage in the Crypto Ecosystem
With bitcoin (BTC) now trading under $18,000, there isn’t a clear technical support level before $12,500, the bank said. It estimates that anyone that bought or received BTC in the past 12-18 months has an average breakeven price of around $45,000. Source
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Ethereum Devs Try To Leverage Price Surge As Smart Contracts Reach New High
Ethereum rallied with the rest of the crypto market, reaching above $1,500 to land at a new one-month high. As the market
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Bitcoin Futures Market Remains Heated As Leverage Stays High
On-chain data shows the Bitcoin futures market has remained heated recently as leverage taken on by investors has been quite high. Bitcoin Estimated
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Bitcoin Whale Ratio Surges Up As Leverage Remains High
On-chain data shows the Bitcoin whale ratio has surged up recently, as leverage in the market has remained around an all-time high
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Bitcoin Leverage Ratio Hits New ATH, Market In For A Rough Ride?
On-chain data shows the Bitcoin leverage ratio has surged up to a new all-time high, suggesting the market could be heading towards
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Barclays Remains Positive on Bitcoin; Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’
Barclays initiates coverage of the bitcoin miner with buy-equivalent rating. Original Source
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WEF Launches Crypto Sustainability Coalition to Leverage Web3 Technologies in Climate Change Battle – Blockchain Bitcoin News
The World Economic Forum (WEF) has launched the Crypto Sustainability Coalition, an initiative dedicated to assessing the role of Web3 technologies in the fight against climate change. The organization, which is composed of 30 companies, educative groups, and other institutions, will research the impact of the energy consumption of these
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Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs
An $860 surprise price correction on Sept. 6 took Bitcoin (BTC) from $19,820 to $18,960 in less than two hours. The movement caused $74 million in Bitcoin futures liquidations at derivatives exchanges, the largest in almost three weeks. The current $18,733 level is the lowest since July 13 and marks
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