Market Analysis
China’s COVID Protests Dent November Recovery: Hang Seng Down 1.5%
Hong Kong’s benchmark Hang Seng Index fell 1.5% on Monday as protests against China's strict Covid measures spread to major cities.
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Market Analysis
Market Analysis
Digital Asset Investment Products Saw $23M in Outflows After FTX Collapse
Digital asset investment products saw $23M in outflows last week as FTX debacle impact persists.
Market Analysis
Argentinian Crypto Exchange With 4.5M Users Expands to the US
The Exchange’s CEO said the move is a result of a long process despite the timing being described as "inopportune".
Market Analysis
US Dollar Holds Steady on Reassuring FOMC Minutes, Stocks Trend Upwards
US dollar capped its losses Thursday after tumbling over 1% on the release of the FOMC meeting minutes.
Market Analysis
SBF Confirms He Will Be Speaking at NY Times’ DealBook Summit on Nov 30th
After weeks of speculation, SBF confirmed he will attend the DealBook summit—and DealBook provided its reasoning for his presence.
Market Analysis
FTX Hires Former SEC and CFTC Enforcement Officers To Help With Bankruptcy
FTX is now bringing in former SEC and CFTC personnel to try and clear the mess left by SBF.
Market Analysis
Four Reasons Litecoin Rallied by +25% this Week
Divested Litecoin commodity outperforms VC darling Solana.
Market Analysis
SBF Reportedly Owns a $100M Stake in Twitter 2.0
Musk has denied reports that Sam Bankman-Fried still has a stake in the now privately-held business.
Crypto
Ravencoin Jumps 10% as Binance Pool Adds Support
Ravencoin is up over 10% as the Binance Mining pool announced the support for the PoW token.
Market Analysis
Genesis Global Capital Hires Restructuring Advisors, Bankruptcy Not Ruled Out
Genesis Global Capital has reportedly hired restructuring advisors.
Market Analysis
Short ETH Funds Saw $14M in Weekly Inflows, Largest on Record
Short investment products represented 75% of total digital asset inflows last week, suggesting a very negative sentiment amongst investors following the FTX debacle.
Market Analysis
Twitter’s Head of Crypto and 1,000+ Others Reject Musk’s Ultimatum
Rinearson later stated she doesn’t consider herself notable compared to many others who also left the company.
Market Analysis
SBF Pocketed 75% of $420M FTX Funding Round in 2021
Sam Bankman-Fried used the innuendo-filled fundraising round to take $300 million for himself.