Market Analysis
Ether’s Supply Becomes Deflationary Amid Increased Market Activity
Ethereum's annualized inflation rate currently stands at negative 0.029%, with over 5,500 ETH burned since the Merge.
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Market Analysis
SoftBank’s Vision Fund Post $7.2B Loss, Has Exposure to FTX
SoftBank's flagship Vision Fund reported a $7.2B loss in Q2 amid a sharp decline in tech valuations.
Market Analysis
VC Firms Ignored Red Flags in FTX’s Financial Statements: Report
VC investors in FTX may have ignored red flags showing the embattled crypto exchange engaged in suspicious financial relationships with related entities.
Market Analysis
Galaxy to Launch Bitcoin ETF in Brazil, Teams Up with LatAm Asset Manager
Galaxy Digital teamed up with the largest asset manager in Latin America to launch a bitcoin ETF in Brazil.
Market Analysis
MicroStrategy Shares Down 19% as Bitcoin Dipped Below $16,000
MicroStrategy shares dropped significantly after Bitcoin tumbled to below $16,000.
Market Analysis
October Inflation Comes in at 7.7% for US: What’s Next?
CPI in October stood at 7.7% year-over-year, compared to the previous reading of 8.2%.
Latest
Breaking: Binance Implies FTX Misused Customer Funds and Walks Away from Deal
Binance just announced it would not go forward with the FTX acquisition.
Market Analysis
Galaxy Digital Slides 16% on Weak Earnings, FTT Exposure
Galaxy Digital's stock fell sharply on news of FTT exposure and weak earnings in Q3,
Market Analysis
Singapore Government’s Fund Among FTX Investors, Monitoring Developments: Report
Singaporean government-backed investment giant Temasek said it is monitoring the latest developments surrounding the FTX-Binance saga.
Market Analysis
Elon Musk Has Sold $20B Worth of Tesla Shares Since Investing in Twitter
Elon Musk has sold another 19.5 million of his Tesla shares in a recent transaction worth $3.95 billion.
Market Analysis
Solana Down 93% from ATH as Concerns Grow Over Alameda Exposure
Solana plummeted nearly 40% on the Binance-FTX deal, extending the token's losses from its ATH to 93%.
Market Analysis
Breaking: Binance Enters Agreement to Acquire FTX
Binance has entered into a non-binding LOI to fully acquire crypto exchange FTX.
Market Analysis
Musk’s Twitter Growing at Record Pace, Now Has Over ¼ Billion mDAUs
Musk’s first week in charge allegedly saw the number of Twitter users grow to over 250 million.