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Weekly overview

Silvergate gets more bad news as Moody’s slashes its ratings

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

The beleaguered bank was allegedly moving money between FTX and Alameda; then it sold debt at a discount and sacked employees after a bank run. Things seem to be going…

Continue ReadingSilvergate gets more bad news as Moody’s slashes its ratings

FTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

Jez Mohideen, co-founder and CEO at Laser Digital, argued that traditional financial companies entering the crypto space will help to regulate the industry. The winds of crypto winter may be…

Continue ReadingFTX collapse may boost ‘further trust’ in crypto ecosystem — Nomura exec

FTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

The sides had been at odds over numerous issues and have agreed to keep working on the remaining open questions they face. The FTX Debtors, made up of FTX and…

Continue ReadingFTX, Bahamian FTX DM reach agreement on info sharing, disposition of property, assets

Macroeconomic data points toward intensifying pain for crypto investors in 2023

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear. Undoubtedly, 2022…

Continue ReadingMacroeconomic data points toward intensifying pain for crypto investors in 2023

El Salvador’s Bitcoin strategy evolved with the bear market in 2022

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

After making Bitcoin legal tender in the country, El Salvador has faced a tough year of critics and the nonstop sinking of Bitcoin pricing. Cryptocurrency adoption has been on the…

Continue ReadingEl Salvador’s Bitcoin strategy evolved with the bear market in 2022

Price analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support. The…

Continue ReadingPrice analysis 1/6: BTC, ETH, BNB, XRP, DOGE, ADA, MATIC, DOT, LTC, UNI

December DeFi exploits were the lowest in 2022: Finance Redefined

  • Post author:admin
  • Post published:January 8, 2023
  • Post category:Weekly overview

The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone.…

Continue ReadingDecember DeFi exploits were the lowest in 2022: Finance Redefined
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