This bear market has seen the collapse of Celsius, Three Arrows Capital, Voyager, and now FTX, but the worst is likely over, a hedge fund executive suggests. While the FTX crisis is continuing to unfold, the former head of risk at Credit Suisse believes the exchange’s fall from grace should be the last catastrophic event —...Continue Reading

The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future. FTX declared bankruptcy this month with $900 million in assets against $9 billion in liabilities. Its founder and former CEO, Sam Bankman-Fried, is being questioned by police in the Bahamas, and many customers are unable to...Continue Reading

According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.” Jump Crypto, a division of the Jump Trading Group, has denied  rumors circulating online that it intends to wind down operations due to its exposure to FTX losses.  According to a tweet shared by the company on Nov....Continue Reading

Warren Buffett said that “What we learn from history is that people don’t learn from history.” Crypto traders can change that. 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 recent history...Continue Reading

Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses. United States Sens. Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX, Sam Bankman-Fried and John Jay Ray III, respectively, on Nov. 16...Continue Reading

Bears are better positioned for Friday’s $600 million BTC options expiry, but bulls can flip the tables if Bitcoin price trades above $18,000. 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...Continue Reading

Researchers at Nansen concluded that at least 86% of all FTT tokens were initially controlled by Alameda or FTX. According to a new report published by blockchain analytics firm Nansen on Nov. 17, bankrupt cryptocurrency exchange FTX was allegedly intertwined with that of crypto trading firm Alameda Research from the very beginning. Both entities were...Continue Reading

The discussion paper reviews the literature on the impact of CBDCs in large, developed economies and draws some conclusions and specific design elements. The importance of remuneration in the design of a central bank digital currency (CBDC) was emphasized in a paper the United States Federal Reserve Board released Nov. 17. The paper, part of...Continue Reading

CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price? The Chicago Mercantile Exchange (CME) Bitcoin (BTC) futures have been trading below Bitcoin’s spot price on regular exchanges since Nov. 9, a situation that is technically referred to as backwardation. While it does point to a...Continue Reading

Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses. 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 controls” Data from Cointelegraph Markets Pro and TradingView...Continue Reading