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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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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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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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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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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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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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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The FTX-owned cryptocurrency exchange platform, Liquid, has announced its plans to return customer assets in 2023. The official…
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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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