CoinTelegraph

FTX is gone, and it looks like many centralized crypto platforms will fall with it. But is there a silver lining?

“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said.

In the past 48-hours Bitcoin traders added to their leveraged long positions even as crypto critics and politicians ramp up their criticism of cryptocurrencies.

The commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states.

The bears were in control for the second week after FTX collapse, leading to a market-wide dismal performance including top 100 DeFi tokens.

Bitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.

Businesses exposed to Sam Bankman-Fried’s bankrupt cryptocurrency exchange are beginning to topple.

The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy.

Institutional investors still see a future for Bitcoin and cryptocurrencies despite the epic collapse of FTX and Alameda Research.

Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.

BTC’s price targets now include $12,000, with Ether potentially falling to $800 for the pit of the bear market.

Ethereum co-founder Vitalik Buterin warned that risks of having bugs in smart contracts are still present when opting for self-custody.

Hong Kong-based cryptocurrency exchange says the market turmoil from the FTX fallout is the final cause of ceasing operations following a year of winding down services.

BItcoin exchange inflows echo 2018 crypto capitulation, but the reasons for the largescale moves from Binance remain unclear.

The EU-based exchange became the 46th crypto business to obtain a permit to offer virtual currency exchange services for fiat currency in the country.

The examination comes in the wake of the FTX debacle, a crypto exchange found to be mismanaging customers’ funds by simply lying about their operations.

A rumor claiming that former FTX CEO Sam Bankman-Fried filmed a master class on trading that was scheduled to be released in December floated on social media.

Celebrities are facing huge losses on their Bored Apes bought during the NFT peak, but big names like Sony and Adidas are pushing further into the industry.

KPMG Futures said the goal is to build multi-million dollar business opportunities for the firm through the use of Metaverse technologies by 2025.

Twitter employees are not the only ones ditching the platform as users flock to a decentralized alternative.

The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.

The Bahamian securities regulator clarified it directed FTX to move its digital assets to a wallet owned by the commission on Nov. 12.

Claims and noticing agents such as Kroll are often assigned to bankruptcy cases where the number of creditors exceeds a thousand.

The crypto investor and Bitcoin bull said that in crypto, market forces tend to eliminate bad people as quickly as bad businesses.

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.

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.

The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future.

According to Jump Crypto, the firm is “one of the most well-capitalized and liquid firms in crypto.”

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.