Altcoins
Markets: Bitcoin rises, Ether gains on potential Visa integration, BNB rebounds
Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading.
Lachlan Keller
Contributor
Lachlan is a journalist and producer at Forkast working from Melbourne, Australia. His work can be found in numerous magazines in Australia on topics ranging from culture to science. Lachlan holds a Bachelor’s degree in Journalism from Macleay College in Australia.
Altcoins
Bitcoin prices rose Wednesday morning in Asia amid a week of volatile price movements in end-of-year trading.
Lachlan Keller
Altcoins
Bitcoin and Ether prices fell in Tuesday morning trading in Asia as concern about the stability of crypto exchanges and a possible global recession continued to weigh on markets.
Lachlan Keller
Regulation
Kevin O’Leary Kevin O’Leary, chairman of venture capital firm O’Leary Ventures and star of TV’s Shark Tank, said in a congressional hearing on Wednesday that Binance Global Inc.’s chief executive and founder Changpeng Zhao deliberately caused the collapse of Bahamas-based cryptocurrency exchange FTX.com.
Lachlan Keller
Bitcoin News
Bitcoin held onto gains in Thursday morning trading in Asia, though had pulled back from an earlier spike above US$18,000 as the U.S. Federal Reserve raised interest rates in line with expectations.
Lachlan Keller
Economic Impacts
By some estimates, job cuts in the cryptocurrency-specific industry are running at about 30-40%, which means tough times for employers and employees, and compensation packages are also taking a hit.
Lachlan Keller
Regulation
John J. Ray III, the new CEO of FTX.com, said the company's failure was caused by the “concentration of control in a very small group of grossly inexperienced and unsophisticated individuals."
Lachlan Keller
Market Analysis
Bitcoin and Ether rose in Tuesday morning trading in Asia, with other top 10 non-stablecoin cryptocurrencies putting in a mixed performance.
Lachlan Keller
Regulation
Michael McCaffrey, the CEO of crypto news outlet The Block, resigned after reports revealed that he received undisclosed multi-million dollar loans from Alameda Research.
Lachlan Keller
Bitcoin News
Bitcoin and Ether fell slightly in Monday morning trading in Asia, along with all other non-stablecoin cryptocurrencies in the top 10, excluding Litecoin.
Lachlan Keller