"When markets turned on them, it appears that a lot of customers lost money," said SEC Chair Gary Gensler on Thursday morning.
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The Bitcoin (BTC) market continues to be dominated by bearish traders. BTC bears dragged down the price of the benchmark crypto to around $17,500, its lowest level in two years...
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According to a formal statement released on Thursday, the local branch of FTX has been instructed to cease operations by Japan’s Financial Services Agency. The order stated that the regulator wants FTX Japan to immediately cease operating as a crypto asset exchange and to stop onboarding new…
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A seven-day loss of more than 50% sees Solana (SOL/USD) trading at half the value the previous week. The loss is the biggest among the cryptocurrencies in the top 100 categories, except for the embattled FTX exchange. SOL now trades at the lowest level since March 2021.…
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BTC/USD Suffers Monstrous Decline:  Sally Ho’s Technical Analysis – 11 November 2022 Bitcoin (BTC/USD) extended its extremely volatile trading activity early in the Asian session as the pair traded at its lowest levels since November 2020, cratering to the 15512 area in a fierce sell-off that was…
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If all crypto tokens are classified as securities, the SEC can go after the largest exchanges and marketplaces.
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Crypto buyers are disillusioned after what looked like a gradual recovery went haywire this week. This time, a renowned crypto exchange FTX went south in a liquidity crunch. Although this scenario is not new, the fact that it touches an exchange that was touted as sound remains…
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News in a Glimpse: Investors are among those who stand to lose the most if FTX, one of the world’s largest cryptocurrency exchanges, fails and is bought out. Tom Brady, […]
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Ethereum block explorer Etherscan shows that withdrawals began leaving the exchange again at around 11 a.m. ET.  The post FTX appears to be processing withdrawals again, on-chain data show appeared first on The Block.
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Chainlink (LINK/USD) is back in the consolidation zone – between $6 and $8. The token had last week broken past $8 to $9.45, igniting a potential bull run. Following a crypto crash, LINK is back in the consolidation zone. But how do the latest developments help? LINK…
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