Bitcoin Miners Under Pressure: FTX Fallout Triggers Capitulation and Hashrate Fluctuations
Massive selling pressure has been observed for Bitcoin (BTC) and the larger crypto market in the wake of the collapse of cryptocurrency exchange.
Massive selling pressure has been observed for Bitcoin (BTC) and the larger crypto market in the wake of the collapse of cryptocurrency exchange.
The quote from Justin Sun, the creator of Tron, that he and Vitalik, the co-founder of Ethereum, will invest $2 billion was retweeted.
The FTX crisis, which was spearheaded by Sam Bankman-Fried (SBF), severely damaged the market for digital assets. The crypto community and leaders have.
The Cardano blockchain stablecoin project Ardana revealed in a tweet that it had been put on hold due to financial issues and ambiguity.
Following detection by crypto detective Sergey Mendeleev, a wallet address associated with the now-defunct cryptocurrency exchange BTC-e sent its largest transaction since August.
As speculators drove the values of major cryptocurrencies lower on Tuesday morning trading, Bitcoin hit a more than two-year low due to worries.
On Saturday trade volumes, Bitcoin is still unable to surpass $17,000 and struggles below that level.
Binance denied that it deliberately sought to damage rival crypto exchange FTX in a submission to the U.K. Parliamentary Treasury Committee,
On November 15, Bitcoin increased by more than 5% after bouncing off a support level of $15,800 and a resistance level close to.
Sam Bankman-Fried, a former CEO of FTX, may have had his Twitter account hijacked.