Today’s Top Crypto News, Monday December 5th
•Bitcoin’s Status Quo Is Making Some Long-Time Observers Nervous– Bloomberg
“Cryptocurrencies are maintaining the status quo in the wake of the most recent market downturn and that is being viewed by some long-time observers as an ominous sign.”
•Crypto community baffled by SBF dictating terms over congressional hearing– CoinTelegraph
“Many in the crypto community pointed towards Bankman-Fried’s political donations and good Democratic connections via his parents, being one of the key reasons for him to evade arrest.”
•Crypto Stocks Teeter Near Abyss as Fink’s Warning Adds to Angst– Yahoo Finance
“Analysts and investors are struggling to call a bottom in crypto stocks in the wake of a brutal month that ended with the head of BlackRock Inc. saying most digital-asset firms won’t survive.”