Bitcoin News
Crypto winter may last until end of 2023: Coinbase research
The collapse of FTX may extend crypto winter to the end of 2023, according to a monthly outlook report by U.S.-based crypto exchange Coinbase dated Nov. 15.
Pradipta Mukherjee
Lens
Bitcoin News
The collapse of FTX may extend crypto winter to the end of 2023, according to a monthly outlook report by U.S.-based crypto exchange Coinbase dated Nov. 15.
Pradipta Mukherjee
Altcoins
Circle, the issuer of U.S. dollar-pegged stablecoin USDC, has said that stronger competition in the stablecoin market is likely to pressure Circle stablecoins, thereby slowing its growth and weighing on the financial outlook of the company.
Pradipta Mukherjee
Bitcoin News
A rise in Bitcoin prices is the most important factor for a significant increase in the number of new investors, instead of distrust in public institutions, dislike for traditional banks, or search for a store of value, according to a report by the Bank for International Settlements.
Pradipta Mukherjee
Regulation
Panelists at Forkast’s livestreamed event ‘Crypto Rising: How Top VCs Are Investing Out of Crypto Winter’ shared their thoughts on the future of the industry following FTX.
Lachlan Keller
Regulation
Unlike the 2008 crash, the government won’t be bailing out FTX’s investors, writes Nick Saponaro of Divi Labs. Will regulators see this as a cue to crack down on exchanges?
Nick Saponaro
DeFi News
DeFi remains unusable for all beyond a niche community, writes Dennis Jarvis of Bitcoin.com. ‘Should it stay like this, it will never attract a wide audience.’
Dennis Jarvis
Bitcoin News
The following is a running compilation of views and comments on the FTX bankruptcy and implications for the industry.
Oisin Mcilroy
Regulation
The following is a running compilation of views and comments on the possible short- and long-term outcomes of FTX’s liquidity crunch.
Danny Park
Bitcoin News
Bitcoin gained 5% after the U.S. Bureau of Labor Statistics reported that the consumer price index (CPI), a key inflation indicator, rose 0.4% in October from September. CPI was up 7.7% from a year earlier, less than the expected 7.9%, and down from 8.2% in September. October’s CPI recorded the smallest 12-month increase since January.
Pradipta Mukherjee