ZyCrypto: Management Failures At FTX Not Specific To Crypto
Sunday, 01 January 2023 19:12
On December 13, 2022, John Ray III, the new CEO of FTX Group overseeing its bankruptcy, testified before congress on the collapse of FTX. Ray’s testimony highlighted a number of corporate failures at the now defunct FTX and the efforts underway by his new management team to…
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ZyCrypto: JPMorgan: Why Institutional Investors Don’t Want Crypto
Sunday, 01 January 2023 19:43
JPMorgan’s senior investment strategist said that large individual and institutional investors are not interested in cryptos due to the volatility seen in 2022. Jared Gross told Bloomberg in a podcast that the class of investors was happy that they did not put money in crypto this year…
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cryptodaily.co.uk: Valkyrie Submits Proposal To Manage Grayscale’s Bitcoin Trust
Saturday, 31 December 2022 07:40
Crypto Assets Manager Valkyrie Investments has unveiled a proposal to become the sponsor and manager of the Grayscale Bitcoin Trust. The Grayscale Bitcoin Trust (GBTC) is the world’s largest Bitcoin fund and has been trading at a record discount compared to the price of BTC. The Valkyrie…
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Bitcoin Magazine: Why A Bitcoin Ban In The EU Is Likely… And Stupid
Friday, 30 December 2022 13:00
Despite holding off to date, a Bitcoin ban by the EU could be on the horizon. But Bitcoin doesn’t ask for permission.
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CoinWire: Bitvavo Shares Plan on Recovering Almost $300M Funds and Assets From Digital Currency Group
Friday, 30 December 2022 13:30
News in a Glimpse: Bitvavo, a Dutch cryptocurrency exchange, claims to have $300 million, or approximately 17.5% of the $1.6 billion in deposits and other assets it manages, locked up […]
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CoinWire: BlockFi to Open Withdrawals Again
Friday, 30 December 2022 13:35
News in a Glimpse: The digital asset lender, BlockFi has filed for application seeking for approval from a United States court to allow them in opening their withdrawals again for […]
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Coinjournal: Crypto price prediction: Mirror (MIR), Serum (SRM), Solana
Friday, 30 December 2022 09:04
Cryptocurrency prices drifted downwards on the final week of the year as concerns about a global recession coincided with those of high interest rates. Bitcoin darted lower and reached a low of $16,485. Other coins like XRP, ETH, and ADA dropped as well. Here is the crypto…
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Coinjournal: Polkadot price will not recover in 2023 until this happens
Friday, 30 December 2022 09:41
Polkadot price plunged hard in 2022. The decline was caused by both internal and external factors. It will only recover if the Fed shifts its tone and its ecosystem rebounds. Polkadot price plunged by more than 84% in 2022m capping its worst year on record. DOT slipped…
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Watcher Guru: FTX-Owned Japanese Exchange Hopes to Return Customer Assets in 2023
Thursday, 29 December 2022 19:22
The FTX-owned cryptocurrency exchange platform, Liquid, has announced its plans to return customer assets in 2023. The official…
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CryptoMode: Ripple (XRP) ledger smart contract in development, while Cardano (ADA) launches Plutus V2, and Snowfall Protocol (SNW) sells over 200 million tokens
Thursday, 29 December 2022 09:33
As the long-lived crypto bear market is expected to revive in 2023, leading crypto networks are advancing toward upgrades and developments to survive the increasing competition. Among others, Ripple (XRP) is boosting the ledger functionality by introducing smart contracts to support NFTs. At the same time, Cardano…
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