Market News – Page 5 – WORLD CRYPTO BUSINESS

Binance’s FTX.com Acquisition Plunges Market Into Chaos

[ad_1] Key Takeaways Binance’s planned acquisition of FTX has sent markets into turmoil. Tokens backed by FTX and Alameda Research and suffering acutely from the news, especially FTT, which is down about... Read more »

Election Day Is Here. Here’s What It Means for Crypto

[ad_1] Key Takeaways U.S. midterm elections are happening today, and the results will be hugely important to crypto. While a Republican win is generally thought to be more favorable to the space,... Read more »

Bitcoin, Ethereum Network Activity Shows Major Downside Risk

[ad_1] Key Takeaways Bitcoin whales are selling or redistributing their tokens.  Both BTC and ETH have suffered sharp declines. The top two cryptocurrencies are at risk of major sell-offs. Share this article... Read more »

The U.S. Government Has Over $4.4B in Bitcoin It Could Dump Anytime

[ad_1] Key Takeaways The DOJ announced today that it seized 50,676.17 BTC from a Silk Road exploiter in November 2021. The haul is one of the largest in DOJ history. The U.S.... Read more »

Cardano Edges Closer to Make-or-Break Point

[ad_1] Key Takeaways Cardano remains stagnant, trading within a tight price range.  This type of price action points to a potential spike in volatility. ADA must print a daily close outside $0.48-$0.41... Read more »

Solana News Can’t Help SOL Soar. What’s Next for the High-Speed Layer 1?

[ad_1] Key Takeaways Solana made a number of big announcements at Breakpoint this weekend, but SOL failed to react. Solana has faced many challenges over crypto winter, including ongoing outages and a... Read more »

Bitcoin Had a Rough September. Here Are the Key Metrics to Watch Next

[ad_1] Key Takeaways Bitcoin’s market value dropped nearly 14% in September. Market sentiment has turned pessimistic due to the top crypto’s poor price performance. On-chain data shows no significant signs of accumulation... Read more »

Is Crypto Whale Alameda Research in Financial Trouble?

[ad_1] Key Takeaways Alameda Research, the quantitative trading firm co-founded by Sam Bankman-Fried, reportedly had $14.6 billion in assets and $7.4 billion in liabilities last June. A close look at the numbers,... Read more »

Why Is Bitcoin Surging Against the Odds?

[ad_1] Key Takeaways Bitcoin has rallied today in spite of concerns in broader markets. Investors have their eyes peeled for the so-called “Fed pivot,” or a softening in the U.S. central bank’s... Read more »

Ethereum Tokens Are Soaring. What’s Next for the Ecosystem?

[ad_1] Key Takeaways The cryptocurrency market has jumped off the back of the Federal Reserve’s latest 0.75% interest rate hike. ETH and other Ethereum-related tokens have rallied on the bounce. The Ethereum... Read more »