How a single strategy crypto algorithm gained 176.31% while Bitcoin tanked 65% in 2022

Before we get into the nitty-gritty of how one simple rule created the kind of insane return on investment noted in the headline — during one of the worst Crypto Winters in... Read more »

Bahamas watchdog ordered FTX to send digital assets to its wallet

The Securities Commission of Bahamas revealed on Nov. 18 that it directed FTX to transfer digital assets under its control to the Commission’s wallet on Nov. 12. Securities Commission of The Bahamas Assumes... Read more »

$600M in Bitcoin options expire on Friday, giving bears reason to pin BTC under $16K

No one can blame Bitcoin (BTC) bulls for placing bets at $20,000 and higher for the $600 million weekly options expiry on Nov. 18. After all, this level had provided a solid... Read more »

Oldest Bitcoin holders start selling; FTX court filing reveals SBF’s $1B loans from Alameda

The biggest news in the cryptoverse for Nov. 17 includes the high selling tendency of Bitcoin holders older than 10 years, SBF’s $1.6 billion personal loan from Alameda Research, and Bitcoin and... Read more »

Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’

Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding exchange FTX. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView FTX CEO tells of “complete failure of corporate... Read more »

3AC co-founder Kyle Davies says ‘we’re looking forward to justice’

Speaking to CNBC about the FTX collapse, Three Arrow Capital co-founder Kyle Davies slighted the bankrupt exchange by saying: “In the trueness of time, we will find out the truth and we’re... Read more »

Bahamian liquidators reject validity of FTX’s US bankruptcy filing

Brian Simms, the court-appointed provisional liquidator overseeing the bankruptcy proceedings of FTX Digital Markets in The Bahamas, has called into question the validity of a Chapter 11 bankruptcy filing by subsidiary FTX... Read more »

SEC Enforcement Remains Focused on Crypto — Chair Gensler Says He’s ‘Impressed’ With Enforcement Results

The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division “remains focused on the rapidly evolving crypto asset securities space.” The securities regulator filed 760 enforcement actions in total this fiscal... Read more »

LFG Audit Claims Do Kwon Didn’t Steal Terra Funds—but Can It Be Trusted?

Key Takeaways A new third-party audit of the Luna Foundation Guard has been released. The report claims that LFG used its $2.8 billion of funds in an attempt to shore up UST’s... Read more »

Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC

Bitcoin (BTC) fell to intraday lows after the Nov. 16 Wall Street open as the FTX scandal appeared to claim another victim. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Genesis Trading liquidity... Read more »