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Markets

Bitcoin Clings to $16K Ahead of Fed Minutes

Bitcoin was steady, around $16,300, as traders anticipated the release of the Federal Reserve meeting minutes later Wednesday.

Bitcoin's price chart shows a price jump ahead of the release of the Federal Reserve meeting minutes on Wednesday. (CoinDesk)

Markets

First Mover Americas: FTX’s First Hearing, Genesis Seeks Help

The latest price moves in crypto markets in context for Nov. 23, 2022.

(Getty Images)

Markets

Mango Exploiter's Funds Get Liquidated After Roiling Aave Using $20M of Borrowed Curve Tokens

A trader identified as Avraham Eisenberg, who became infamous for his “very profitable trading strategy” of exploiting $114 million from Mango Markets, borrowed tens of millions of Curve DAO tokens and sent them to an exchange – but his position appears to have gotten liquidated.

Racha perdedora. (Jhorrocks)

Markets

Bitcoin Regains $16K, But Analysts Are Still Bearish

The cryptocurrency has rebounded after it hit a two-year low in the past 24 hours, although one analyst said $12,500 is possible by year end.

Screen-Shot-2022-11-22-at-1.42.45-PM-CDCROP.jpg

Markets

Crypto Exchange Coinbase's Shares Sink to All-Time Low

The U.S. crypto exchange went public in April 2021 in a high-profile listing, but shares have lost nearly 90% of their value over the past year, with the FTX contagion causing the latest leg down.

(Chesnot/Getty Images)

Finance

Crypto Fund Sino Global Had Deep Ties to FTX Beyond Equity Investment

A prominent Asia-based crypto investment firm, Sino invested many of the tokens hardest hit by the unraveling of Sam Bankman-Fried's FTX crypto empire, documents show. FTX was also a key partner on a big fund Sino raised with outside investors' capital.

Sino Global Capital founder Matthew Graham. (CoinDesk TV)

Markets

Sports Fan Tokens Rally Ahead of FIFA World Cup, Defying Crypto Market Gloom

Socios.com’s CHZ jumped 11% in a day, while fan tokens of national soccer teams of Portugal and Argentina are up 50% and 28%, respectively, amid mounting anticipation for the soccer World Cup.

A number of traders and crypto enthusiasts are investing in World Cup-themed tokens. (David Ramos/Getty Images)

Markets

Bitcoin Holds Fast Over 16K, but Crypto Winter Could Be Prolonged

Bitcoin traded sideways throughout the week but analysts warn that FTX fallout could affect prices for an extended period of time.

Crypto winter (Timothy Eberly/Unsplash)

Markets

FTX Collapse Leaves Total Crypto Market Cap Under $800B, Close to 2022 Low

The debacle involving Sam Bankman-Fried's crypto empire has triggered a slide in cryptocurrency prices that wiped out some $183 billion of value from digital assets this month.

Capitalización total de mercado de criptomonedas por mes. (TradingView)

Markets

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)