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Weekly Market News 5 Dec, 2022

Crypto News Alameda Research Invested $1.15B In Crypto Miner Genesis Digital FTX’s sister company Alameda Research reportedly invested quite heavily in Bitcoin mining company Genesis Digital Assets during the crypto bull run. Documents reveal this figure is close to about $1.15 billion. This makes it Alameda and FTX’s biggest venture bet. Avalanche To Power Alibaba […]

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Weekly Market News 21 November

Weekly Market News 21 November Crypto News FTX Says Top 50 Creditors Are Owed $3.1 Billion According to a recently filed court document, FTX owes its 50 largest creditors about $3.1 billion with claims ranging from tens of millions to hundreds of millions of dollars. The document also reveals that FTX has around 1 million […]

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Bitcoin Falls Below $17K, First Time in 23 Months

Bitcoin (BTC) dropped to a new 23-month low on Wednesday as crypto traders processed the news that the Binance exchange might demur on an earlier plan to buy its once-mighty but suddenly ailing rival FTX. The price of bitcoin hit $16,936 on crypto exchange Bitstamp on Wednesday, after Binance is leaning toward scrapping the deal […]