JPMorgan is Ending its Banking Relationship with Gemini Crypto Exchange
JPMorgan Chase & Co (JPM) according to reports is ending its banking relationship with cryptocurrency exchange Gemini.
Bitcoin Breaks Above 19,000
Bitcoin rally continues for the twelfth consecutive day breaking above the 19,000 mark for the first time since November 8 2022
Silvergate Capital (SI) Slumps 43% on Massive Withdrawals
Silvergate Capital (SI) stocks plunge 40% after huge client withdrawals were revealed in the Q4 preliminary metrics results.
How Markets Performed in 2022
A tough year for investors across all asset classes and around the globe was 2022 as negative returns prevailed. Persisting inflation was the main theme globally which pushed all major central banks to aggressive rate hikes
MicroStrategy Increases Bitcoin Holdings
MicroStrategy Increases Bitcoin (BTC) holdings by 2,500 and now holds 132,500 Bitcoin. On December 28, 2022, MicroStrategy Incorporated (MSTR) announced that between November 1, 2022, and December 21, 2022, MicroStrategy, through its wholly-owned subsidiary MacroStrategy LLC acquired approximately 2,395 bitcoins
What Is a Centralized Crypto Exchange?
A centralized cryptocurrency exchange (CEX) is a trading application that matches up buyers and sellers and publishes current market prices based on the last trade made in a cryptocurrency. It maintains an orderbook
The FTX Collapse Timeline
Here are all the latest developments of the FTX liquidity drama
Bitcoin (BTC) Slumps below $17000 on FTX Contagion Fears. What’s Next?
Bitcoin plunged to the lowest level since November 28, 2020, giving up over 11% at $16,569 as investors fear that the FTX collapse will spread across the cryptocurrency markets. The sell-off has intensified the last hour across the board
Key events in the Week Ahead 31/10 – 6/11
Investors will focus on the following key events for the next week, after a strong rebound for equities and cryptocurrencies the previous week. Earnings season continues
Dogecoin Rally Continues at 6-Month High
Dogecoin is in a strong rally today adding over 54% at $0.12971; the move brought the Doge price to April 2022 levels. The rally for Dogecoin continues for the fifth consecutive day as investors and traders are excited about the acquisition of Twitter
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