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Bitcoin Holds Steady Over $16K Amid Widening FTX Fallout

Bitcoin has been trading flat this week, even as more companies admit exposure to crypto exchange FTX, which has filed for Chapter 11 bankruptcy protection.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

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First Mover Americas: Binance.US Makes Another Run at Voyager Digital

The latest price moves in crypto markets in context for Nov. 17, 2022.

Changpeng Zhao's Binance.US had made a bid to acquire bankrupt crypto lender Voyager Digital. (Antonio Masiello/Getty Images)

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Nayib Bukele, presidente de El Salvador, y Justin Sun de Tron comprarán un bitcoin por día

Bukele y Sun se comprometen a comprar un BTC todos los días a partir del jueves en medio de los temores de que el reciente colapso del exchange de criptomonedas FTX prolongara el actual invierno cripto.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

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Voyager Token Surges on Report Binance to Offer Lifeline to the Bankrupt Crypto Lender

Voyager filed for Chapter 11 bankruptcy protection in July, citing more than 100,000 creditors and as much as $10 billion in assets and liabilities.

Voyager's bankrupcy has left creditors in the lurch. (Danny Nelson/CoinDesk)

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Ether Staking Yields Jump Up to 25%; All-Time High Since Merge

Just staking ether on Lido is paying out 10% annualized, while a more elaborate move bumps yield to as much as 25%.

El staking de ether en Vanilla está generando rendimientos llamativos para los entusiastas de las criptomonedas. (Alexander Grey/Unsplash)

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El Salvador's President Nayib Bukele and Tron's Justin Sun to Buy One Bitcoin Every Day

Bukele and Sun commit to buy one BTC every day, starting from Thursday amid fears that crypto exchange FTX's recent collapse would prolong the ongoing crypto winter.

Pequeña bandera ondeando en la parte superior del ayuntamiento en la ciudad de Santa Ana, El Salvador. (Getty Images)

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Crypto Exchange Gemini Suffers $485M Rush of Outflows Amid Contagion Fears

Gemini suspended its yield-earning program, shaking users’ confidence in the exchange.

Tyler Winklevoss and Cameron Winklevoss, creators of crypto exchange Gemini Trust Co. (Joe Raedle/Getty Images)

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Market Wrap: Genesis Withdrawal Suspension Looms Over Cryptocurrencies

Bitcoin and other cryptocurrencies fell as investors chewed over the industry’s latest debacle.

(DALL-E/CoinDesk)

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Have Crypto Markets Reached Bottom?

Investors maintain confidence in crypto, but are anxiously eyeing developments that could sink prices further.

Pause, Breathe, Resume (Brett Jordan/Unsplash)

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Crypto Market Slides After Genesis Withdrawal Halt, but Big Investors May Hunt for Bargains

Most digital assets traded lower on Wednesday as another crypto firm gets hit by the FTX contagion, although institutional investors may be looking for bargains.

Bitcoin and most other digital assets declined on Wednesday after crypto financial firm Genesis Global Capital announced that it was temporarily suspending redemptions and new loan originations. (Source: CoinDesk)

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