Cryptocurrency
Today’s Top Crypto News, Friday November 11th
Today’s Top Crypto News, Friday November 11th •FTX Files for Bankruptcy Protections in US; CEO Bankman-Fried Resigns– CoinDesk “Crypto exchange announced it had “liquidity” issues earlier this week.” •Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011 – CoinDesk “A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since […]
By Matt Montemayor · November 11, 2022
Today’s Top Crypto News, Friday November 11th
•FTX Files for Bankruptcy Protections in US; CEO Bankman-Fried Resigns– CoinDesk
“Crypto exchange announced it had “liquidity” issues earlier this week.”
•Wake up call? Bitcoin wallets move 3,500 BTC dormant since 2011 – CoinDesk
“A Bitcoin whale has moved 3,500 BTC to new wallets for the first time since 2011, changing the address format from P2PKH to P2SH.”
•A ‘cascade of margin calls’ deleveraging, crypto failures and bitcoin at $13,000 are likely amid FTX fallout – CoinTelegraph
“A “new wave of crypto deleveraging” is likely under way, with bitcoin itself poised to drop another 25% amid a “cascade” of margin calls.”