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Bitcoin Price Breaks Above $18,200 – CPI Data Comes in Better Than Expected

[Dec 13, 2022 7:51 AM] The first of two key events in a historic week for Bitcoin and financial markets worldwide is in the books. While the CPI release was today at 8:30 ET, the last FOMC meeting of the year is scheduled to take place tomorrow featuring a new dot plot…

U.S. Economic Data Foils Bitcoin Bulls’ Rally Attempt To Retake $17,000

[Dec 2, 2022 2:00 PM] Bitcoin is retracing and might be at the end of the short-term bullish momentum; the macroeconomic data might have shifted once again against it. The cryptocurrency saw profits after weeks of trending to the downside, but the rally is losing…

Bitcoin Hits $17,000, But Is It Too Early To Call The All Clear On The Bear Market?

[Dec 1, 2022 2:23 PM] Bitcoin is retracing its recent week losses, and it’s about to reclaim the support lost during the FTX debacle. The number one crypto by market capitalization is displaying some short-term strength as macroeconomic conditions continue to improve. …

FTX Hacker Mobilizes Ethereum Again, Lock And Loaded For The Dump?

[Nov 21, 2022 11:51 AM] Massive selling pressure from the crypto exchange FTX hacker hit Ethereum; the bad actor has been dumping the cryptocurrency during the weekend. This “dumping,” selling an asset in the market, is creating panic in the crypto market. The hacker…

FTX New CEO John Ray Reveals More Scandals In Court Filing

[Nov 17, 2022 9:25 AM] The new CEO of collapsed crypto exchange FTX, John Ray III, has filed an initial statement with the U.S. Bankruptcy Court for the District of Delaware, making a scathing judgment of Sam Bankman-Fried and his companies. Ray was appointed CEO of FTX…

Tom Brady, Gisele Bundchen And Sam Bankman-Fried Sued Over FTX Collapse

[Nov 16, 2022 12:54 PM] Per a report from the Washington Examiner, NFL Legend Tom Brady and others are facing a class action lawsuit from FTX investors. The football player is one of the many celebrity ambassadors who vouched for the crypto exchange platform.  Earlier…

Amid FTX Rumors Tether’s USDT Peg Of $1 Wobbles – What’s Going On?

[Nov 10, 2022 7:18 AM] The crypto market still seems to be in the grasps of FTX and Alameda. Currently, rumors are circulating that Tether’s stablecoin USDT might be more affected by the downfall of FTX than it would like to admit. Moreover, there currently seems…

Binance Pulls Out OF FTX Deal, Bitcoin Crashes Below $16,000

[Nov 9, 2022 3:27 PM] Crypto exchange Binance is officially out of the FTX agreement. According to an official statement, the company won’t purchase its competitor. Via its official Twitter handle, Binance claims that regulatory pressure and other factors impacted their…

FTX Legal Department Jumps Ship, Binance Deal Fizzles Out

[Nov 9, 2022 1:21 PM] The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole on the company’s balance sheet. A report from…