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The Latest Breaking News from Bitcoin

FTX crypto exchange, billions of dollars low and under DOJ scrutiny, seeks bankruptcy

FTX had agreed earlier this week to sell itself to bigger rival Binance after experiencing the cryptocurrency equivalent of a bank run. The Department of Justice and the SEC are investigating.

WEKU

This week in the metaverse: NFT prices, Capital One trademarks, and Wrangler's NFT-themed apparel

NFT collections are so far resisting headwinds from the collapse of the FTX and Binance acquisition deal after prices fell steeply in the immediate aftermath.

Fortune

FTX Files for Chapter 11, Biggest Wall Street Rally Since April 2020: Live Market News

As markets see continued strength following the biggest rally since April 2020, keep an eye on changes in China's covid policies and the unfolding FTX crypto fiasco.

The Street

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How CoinFlip Bitcoin ATMs Are Onboarding New Users To Web3 Throughout The Crypto Winter

More major disappointment and failure has beset the crypto space this week.

Benzinga

FTX Latest: Regulators Close-In, Sponsor Deals Die, Bitcoin Resumes Slide

FTX could close its U.S. operations within days, the group warned late Thursday, as it scrambles to find around $9 billion to save the collapsing crypto-trading empire of Sam Bankman-Fried.

The Street

Stock Market Today: Stocks End Higher Following up on Big Gains

Stocks rose for a second day after their biggest gain in two-and-a-half years Friday as traders pare bets on big Fed rate hikes and China eases a portion of its strict Covid policies.

The Street

Dogecoin Soars, Bitcoin, Ethereum Recover Some Ground After Inflation Data: Analyst Says 'FTX Contagion Risks Remain Elevated'

Major coins regained buoyancy late on Thursday, after crashing a day prior, in wake of soft economic data released. The global cryptocurrency market cap shot up 8.85% to $880 billion at 8:41 p.m. EST.

Benzinga

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What happened to FTX and could the crisis spill over to the rest of crypto?

International exchange for crypto assets is in effect unregulated – and may have been built on sand

The Guardian - UK

With Bitcoin, Ether And Altcoins Drowning In A Sea Of Blood, Can Investors Hope To Catch A Falling Knife?

The cryptocurrency market continued its downward trajectory on Thursday morning, reeling under the implications of a failed deal between cryptocurrency exchange Binance and its rival FTX, with prices of major digital assets, including altcoins, trading at levels not seen

Benzinga

Sam Bankman-Fried needs $4 billion. Fast.

Bankman-Fried apologized to investors and said he would be “incredibly, unbelievably grateful” if they could help out.

Fortune

Stolen Bitcoin worth £3billion found in popcorn tin in hacker's home after a decade

James Zhong stole 50,000 bitcoin from dark web marketplace, Silk Road, in 2012 and had been stashing the hidden devices in an underground safe and on a single board computer concealed in a popcorn tin.

Daily Record

Investors expect crypto turmoil to get worse

Cryptocurrency markets endured heavy losses on Thursday, with bitcoin near a two-year low as investors fretted about the fallout from the implosion of FTX, the world’s second-largest crypto exchange.

Bangkok Post

Asian stocks down after US midterms turn global markets red

Hong Kong (AFP) - Asian stocks started down on Thursday after inconclusive US midterm election results and a turbulent cryptocurrency market left Wall Street and European markets in a sea of red.

AFP

Bitcoin, Ethereum, Dogecoin Rout Deepens: Analyst Says 'Implosion Of FTX Means No One Is Safe'

Major coins plunged sharply on Wednesday evening amid a wider rout as the cryptocurrency market capitalization dropped 11.3% to $812.9 billion at 8:30 p.m. EST.

Benzinga

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Fortune

FTX collapse leads to questions about whether crypto exchanges are safe.

With the overnight collapse of FTX, which was viewed as the future of the crypto industry, is it safe to leave your money in crypto exchanges?

Investors Business Daily

Dow Jones Futures: CPI Inflation Report Due After S&P 500 Breaks Key Level

Futures rose ahead of the key CPI inflation report The S&P 500 fell below its 50-day line Wednesday on election results, Tesla, Bitcoin and more.

Fortune

4 tips for safely buying and selling cryptocurrency

Whether you’re looking to buy the dip or sell your crypto, here’s how to protect your wallet and your information while doing so.

The Street

Crypto Crisis: Binance Abandons Cash-Strapped FTX

The world' largest cryptocurrency platform says its rival's problem is bigger than it thought.

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The Street

Trading Bitcoin, Ethereum as Cryptos Swoon Over Binance-FTX Drama

Bitcoin, ethereum and other cryptocurrencies are down hard amid the Binance-FTX drama. Here are the levels to know now.

Benzinga

Binance Drops FTX Acquisition, Cryptos Trade Deep In The Red: 'The Issues Are Beyond Our Control'

Binance walked away from a deal to acquire FTX.com Wednesday after examining the company’s financials.

Fortune

What happens to my funds if a crypto exchange collapses?

If your crypto exchange goes under, you could have a difficult time recovering your money.

Investors Business Daily

FTX Crisis: Tron Offers Relief, Bankman-Fried Apologizes, Provides FTX Update

Tron is offering relief for distressed crypto exchange FTX as CEO Sam Bankman-Fried apologized for the liquidity crisis, potential bankruptcy

Investors Business Daily

One In Five U.S. Consumers Bought Bitcoin In First Wave Of Crypto Winter; Big University Gained

Bitcoin and crypto coins are popular among millennials, sports fans and college students who see them as vehicles of wealth building

Benzinga

Crypto Crash, Recession Fears Push Investors To Gold: A Look At The Commodity And This 2X Leveraged Fund

Direxion Daily Gold Miners Index Bull 2X Shares (NYSE: NUGT) was trading flat on Wednesday in consolidation after surging more than 12% on Tuesday.

The Street

Bumpy Road for Coinbase, Microstrategy and Bitcoin

The crypto industry is reeling from the emergency acquisition of the empire of the sector evangelist Sam Bankman-Fried.

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