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Weekly overview

Bitcoin price target now $13.5K as BTC trader says ‘exit all the markets’

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

Bitcoin shrugs off FTX news, but analysts warn BTC and altcoins are due significant losses. Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding…

Continue ReadingBitcoin price target now $13.5K as BTC trader says ‘exit all the markets’

CME Bitcoin futures trade at a discount, but is that a good or a bad thing?

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

CME Bitcoin futures briefly traded at a 5% discount, alarming analysts, but what does it mean for BTC price? CME Group's Bitcoin (BTC) futures have been trading below Bitcoin’s spot…

Continue ReadingCME Bitcoin futures trade at a discount, but is that a good or a bad thing?

Could Hong Kong really become China’s proxy in crypto?

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch. With its partial autonomy, the…

Continue ReadingCould Hong Kong really become China’s proxy in crypto?

3 reasons why the FTX fiasco is bullish for Bitcoin

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The FTX fiasco is nothing new for Bitcoin as it survived multiple exchange collapses, bear markets and even outright bans in its decade-plus existence. The "Bitcoin-is-dead" gang is back and…

Continue Reading3 reasons why the FTX fiasco is bullish for Bitcoin

Heroic Story secures $6 million to build Web3 tabletop RPG world

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The seed round was led by Upfront Ventures with participation from Multicoin Capital and Polygon Technology. Web3 gaming protocol Heroic Story raised $6 million in a seed round led by…

Continue ReadingHeroic Story secures $6 million to build Web3 tabletop RPG world

‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

Binance’s CEO reflects on prior dealings and relationship with SBF after the collapse of his FTX empire. Binance CEO Changpeng “CZ” Zhao knew Sam Bankman-Fried was in a desperate situation…

Continue Reading‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship

Australian firm raises $28M to expand Bitcoin mining capabilities

  • Post author:admin
  • Post published:November 18, 2022
  • Post category:Weekly overview

The Sydney-based Arkon Energy secured $28 million in a recent funding round to expand its renewable energy Bitcoin mining operations despite the volatile market. The turbulent climate of the crypto industry…

Continue ReadingAustralian firm raises $28M to expand Bitcoin mining capabilities
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