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Levels to Watch for Bitcoin Amid FTX Gloom
Bitcoin (BTC) briefly bounced above $17,000 before retreating amid the continued fallout of crypto exchange FTX. StockCharts.com Senior Technical Analyst Julius de Kempenaer discusses his bitcoin's upside potential and downside risk.
CFTC Chair Testifies Before Senate on FTX; Compass Mining's Bitcoin Miner Protection Plan
Rostin Behnam, chairman of the Commodity Futures Trading Commission, is calling for lawmakers to act quickly and create a crypto regulatory framework after FTX's collapse. Plus, Compass Mining is offering its first protection product so customers can safeguard their bitcoin mining machines. And, Bitcoin self-custody firm Casa is adding Ethereum support to its platform.
CFTC Chair: Crypto Contagion Has No Direct Impact on Financial Stability
In a hearing with the Senate Committee on Agriculture, Nutrition and Forestry, CFTC Chairman Rostin Behnam weighs in on the FTX collapse, noting that the crisis in crypto has "no direct impact on [broader] financial stability." But, he adds, "we can't just assume things will remain the same."
CoinDesk Op-Ed: FTX Collapse Was a Crime, Not an Accident
CoinDesk's Chief Insights Columnist David Z. Morris unpacks his latest opinion piece that argues Sam Bankman-Fried, former CEO of troubled crypto exchange FTX, is a fraud.
Sam Bankman-Fried’s Media Tour Amid FTX Bankruptcy Fallout
Former FTX CEO Sam Bankman-Fried discussed the collapse of his crypto exchange in a live interview with The New York Times during its annual DealBook Summit. Bankman-Fried also spoke to several other media outlets including New York Magazine. "The Hash" panel discusses his media tour and the key takeaways.
Sam Bankman-Fried: I Didn’t Knowingly Commingle Funds
In a highly anticipated interview at The New York Times' DealBook Summit, former FTX CEO Sam Bankman-Fried expressed regret over his exchange's collapse, but clung to the narrative that it was a bet gone wrong. "First Mover" hosts Christine Lee, Emily Parker and Lawrence Lewitinn weigh in.
Bitcoin Above $17K Despite Lingering FTX Contagion Fears
Bitcoin remains above $17,000 despite the lingering FTX contagion concerns. VanEck Portfolio Manager Pranav Kanade discusses his crypto markets outlook and the potential catalysts driving price action in the next year.
Binance Chief Strategy Officer on Crypto Industry Recovery Initiative, FTX Fallout
Binance Chief Strategy Officer Patrick Hillmann discusses the crypto exchange's business operations and proof of reserves system in the wake of the FTX collapse. Plus, the latest developments regarding the Binance-led Industry Recovery Initiative.
Sam Bankman-Fried Distances Himself From Alameda: I Wasn’t Running It
Former FTX CEO Sam Bankman-Fried apologized for the collapse of his crypto exchange in an anticipated interview with The New York Times, but distanced himself from Alameda Research. "I wasn’t running Alameda. I didn’t know exactly what was going on. I didn’t know the size of their position," Bankman-Fried said. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the takeaways from the interview.
Bitcoin Nearing $17K Despite BlockFi Bankruptcy Filing
DFD Partners President Bilal Little discusses his outlook for bitcoin (BTC) as the cryptocurrency rises toward $17,000 despite ongoing concerns about FTX fallout and macroeconomic uncertainties.