The founder of the now-defunct cryptocurrency exchange, FTX, Sam Bankman-Fried, was incarcerated after his $250m (£197m) bail was rescinded due to accusations of witness tampering.
The founder of the now-defunct cryptocurrency exchange, FTX, Sam Bankman-Fried, was incarcerated after his $250m (£197m) bail was rescinded due to accusations of witness tampering.
Over the past 24 hours, Bitcoin (BTC) volumes have surged to a five-week high, contributing to a strong Thursday trading session that resulted in the BTC/USDT pair closing at 3.7%
Bitcoin surpassed the crucial US$30,000 mark this morning, resulting in short liquidations reaching US$50 million and creating the possibility for the price to move above 31k if the bulls remain
On Friday, Bitcoin achieved its highest level in nine months, as cryptocurrency traders moved their investments away from banks and became more receptive to quickly changing interest rate forecasts.
Over the weekend, Bitcoin (BTC) failed to recover significant losses from the end of the week and instead traded within a range in the mid-US$22,000s.
An increase in Bitcoin saw the token rise above $25,000 for the first time since August. This was amid wide gains in crypto markets, as investors shrugged off concerns about
The UK government continues to push ahead with plans to include cryptocurrency in mainstream financial services regulation, even though retail investors were hurt by the collapse of several prominent digital
Bitcoin Suisse, a crypto trading, brokerage, and storage company has announced that it will be cutting jobs and streamlining its boardroom in the face of a slump in cryptocurrency investments.
Jamie Dimon, the billionaire chairman of JP Morgan has called Bitcoin a fraudulent scheme and the equivalent of a pet rock as financial chiefs are turning against digital currencies.
Genesis, a cryptocurrency lender, has filed for bankruptcy. This is the latest company to go bust in the wake of the rapid collapse of the FTX exchange.
Sam Bankman-Fried, a collapsed cryptocurrency company, claimed $415m (£338m), was stolen from the exchange. It was estimated that around $323m was stolen from its international platform and $90m from its