Tag: FTX

Crypto Fear & Greed Flashes ‘Extreme’ Longer Than Amid FTX Panic

Key Notes Crypto Fear & Greed Index has stayed in ‘Extreme Fear’ (0–24) for 14 straight days. It outlasts the index’s extreme readings during the November 2022 FTX collapse. BTC trades around $88,000, roughly five times higher than during the FTX crash. The Crypto Fear & Greed Index has printed ‘Extreme Fear’ for 14 straight days. On December 26, it stands at 20. This means a longer stretch of deep pessimism than during the November 2022 FTX collapse, even as BTC $88 645 24h volatility: 1.5% Market cap: $1.77 T…

How Bitcoin is Mined in Kenya

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I paid a visit to Gridless Compute’s ( Bitcoin mining operations in Muranga County, accompanied by a group of Bitcoin Toxic Maximalists. These individuals firmly hold the belief that Bitcoin is the sole digital asset that will remain essential in the future, asserting that all other digital currencies are inferior to Bitcoin. ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

SEC Confirms Years-Long Director Bans for Former Alameda, FTX Execs

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Former Alameda Research CEO Caroline Ellison and former FTX executives Gary Wang and Nishad Singh will be barred from assuming company leadership roles for eight to 10 years following a court judgment. In a Friday notice, the US Securities and Exchange Commission said that it had obtained final consent judgments against Ellison, Wang and Singh for their roles in the misuse of investor funds at FTX from 2019 to 2022.  The former Alameda CEO consented to a 10-year officer-and-director bar, while Wang and Singh consented to eight-year officer-and-director bars each.…

Realized Bitcoin Losses Rise To FTX Crash Levels: Glassnode

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Bitcoin has taken a slide back to its April level of around $83,000, with mounting selling pressure prompting many investors to sell at a loss, reminiscent of major historic market crashes. Realized losses on Bitcoin (BTC) have surged to levels not seen since the 2022 FTX collapse, according to blockchain data platform Glassnode. “The scale and speed of these losses reflect a meaningful washout of marginal demand as recent buyers unwind into the drawdown,” Glassnode noted in an X post on Friday. Glassnode’s observation came minutes before Bitcoin slipped as…

Ex-prosecutor Denies Promising Not to Charge FTX Exec’s Partner

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Danielle Sassoon, one of the US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary hearing involving a deal with one of the company’s executives.  In a Thursday hearing in the US District Court for the Southern District of New York, Sassoon testified about the guilty plea of Ryan Salame, the former co-CEO of FTX Digital Markets, which resulted in his sentencing to more than seven years in prison.  According to reporting from Inner City Press, Sassoon said that her team would…

Three Years After FTX collapse, Crypto Industry Still Feeling the Impact

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When FTX filed for bankruptcy on Nov. 11, 2022, it sent shockwaves throughout the crypto world, erasing billions in market liquidity and shattering confidence in centralized exchanges. The dramatic collapse became a turning point for the digital asset industry, triggering calls for stronger transparency and reactions from regulators. Three years after the exchange’s collapse, transparency initiatives across the crypto industry have proliferated. Proof-of-reserves attestations, audits and onchain analytics represented progress. Still, many of those reforms remain works in progress, and some of FTX’s creditors have yet to be made whole.…

BlackRock’s Plan To Take Over Crypto

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BlackRock has added Bitcoin to their Global Allocation Fund. Larry Fink, the CEO of BlackRock has made many major investments in crypto and blockchain companies including: Circle USDC, FTX, Anchorage Digital, Bitcoin Core Scientific Mining. BlackRock has also partnered with Coinbase to offer Bitcoin to institutional clients. DISCLAIMER: This is NOT financial or legal advice. I am just offering my opinions. I am not responsible for any investment or legal decisions that you choose to make. This description may contain affiliate links…

Crypto’s Big Comeback: From The 2022 Crash and India’s 30% Tax To A 2025 Surge

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io After reaching a $3 trillion market cap in 2021, the crypto market experienced a crash in 2022, with coins losing over 70% of their value. Events like the FTX collapse shook investor confidence, while in India, the government’s 30% tax on crypto gains impacted the domestic market. By 2025, cryptocurrency has seen a significant resurgence. This report examines the factors behind this comeback, including the positioning of Bitcoin as ‘digital gold’. The analysis explores how the United States government’s approach may be…

FTX Estate Drops Motion On Restricted Country Payouts

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The bankruptcy estate of the now-defunct crypto exchange FTX has dropped its bid to limit payouts to creditors in certain “restricted foreign jurisdictions.” On Monday, the FTX Recovery Trust filed a notice withdrawing its request to implement special procedures for jurisdictions such as China, which had been flagged as potentially restricted under the confirmed bankruptcy plan. “If and when the FTX Recovery Trust seeks to renew the relief requested in the Motion, the FTX Recovery Trust shall file a motion and provide notice in accordance with the applicable rules,” the…

URGENT CRYPTO CRASH UPDATE TRUMP TARIFFS NOT HAPPENING?!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io URGENT CRYPTO CRASH UPDATE TRUMP TARIFFS NOT HAPPENING?! 00:00 HI 00:03 Crypto crash update 14:22 Crypto market overview 14:59 Total crypto market cap 20:39 BTC and altcoins 22:36 Are we still in a super cycle? Support The O Show with Ref Links: ✨ Learn more about the network at ➡️ ✨Explore project support opportunities at ➡️ ✨SIGN UP TO KRAKEN ➡️ ✨Get $100 with ITRUST use code WENDY9 ➡️ ✨$500 PHEMEX Bonus ➡️ ✨Market Cipher Use Code WendyO ➡️ ✨Crypto IRAs Advice…