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Bear Market

Two people dancing on top of a pile of green colored coins.
Altcoins
Altcoins Surge in a Sea of Green – Could There Be a Catch?

Read about the bullish trends in the crypto market, including gains from Bitcoin, Ethereum, and other top ten altcoins.
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Exchanges
South Korean Prosecutors Arrest Bithumb Executive Over Misappropriation of Funds

The Bithumb executive faces multiple allegations, including illicit transactions, market manipulation, and negligence.
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Jerome Powell holding huge arrow.
Bitcoin (BTC)
Bitcoin Surges After Fed Relaxes on Interest Rate Hikes

The price of Bitcoin rose above $24k following the Fed's announcement of an interest rate hike.
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Man signaling "Stop" with his hands with Celsius logo at back
Tether (USDT)
Celsius Creditors Committee Dismisses Claims that Bids Were Rejected for Celsius Assets

There have been reports that five organizations had expressed interest in acquiring cryptocurrency assets from Celsius.
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A miner standing in awe as coins are raining upon him
FTX News
BlockFi Gains Court Approval to Sell Mining Facilities

The court ruled that the sale of facilities was an attempt to help BlockFi recover its customers' assets.
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FTX News
Australian Authorities Raised Alarm Over FTX Months Before Its Collapse

Australian regulators mandated that FTX Australia reveal details guiding its business operation before its collapse.
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Regulations
Argo Blockchain Sued for Allegedly Misleading Investors

Investor Aaron Murphy accused board of failing to disclose the company's vulnerability to capital constraints, electricity costs, and network difficulties.
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A man reading financial records standing next to boxes with graphs and Sam Bankman Fried on it.
FTX News
BlockFi Financial Records Reveal $1.2B Ties to FTX: Reports

The report showed BlockFi had assets with FTX worth $415.9 million and loans to Alameda Research worth $831.3 million.
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Tiny robot is given a Bitcoin crypto coin.
Bitcoin (BTC)
BlockFi to Sell $160 Million Worth of Loans Backed by 68,000 Mining Rigs

BlockFi plans to sell $160 million in loans backed by approximately 68,000 Bitcoin mining machines.

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FTX News
Australian Executive Opposes a “Separate Regulatory Regime” for Cryptocurrency

After the FTX crash, the government became aware of the importance of focusing on non-regulated crypto assets.

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Black Bear sleeping on a Bitcoin.
Bitcoin (BTC)
What’s Next for Bitcoin as Bears Hibernate?

Bitcoin (BTC) has recently initiated an upward trend, breaking above key resistance levels and moving averages.
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A confused man wearing a hoodie holding crypto wallets.
Crypto Market News
Wyre to Relax Withdrawal Limit After “Strategic Partner” Funding

Wyre said it would continue operating normally and resume accepting deposits.
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3D sculpture of a lion with blue horns next to a man during crypto winter time while Crypto.com layoffs.
FTX News
Crypto.com to Layoff 20% of its Workforce Amidst Persistent Crypto Winter

Crypto.com CEO Kris Marszalek blamed the recent layoffs on the worsening economic downturn.
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Statue of a sad human in outer space looking down on golden planet
FTX News
BlockFi Executives Lost $800M of Equity in FTX Collapse: Reports

A loan from FTX last June caused the loss of approximately $800 million in equity holdings owned by BlockFi executives.
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Binance CEO is excited after Judge Michale Wiles approved Voyager aquisition.
Regulations
Binance.US Gets Green Signal to Acquire Voyager From US Court

Judge Michael Wiles, however, ruled that Voyager must seek approval from its creditors to proceed with the Binance.US deal.
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Dwayne Johnson behind human hands holding clapperboard.
NFTs
GALA Soars by 70% After Dwayne Johnson and Mark Wahlberg’s Movie Announcement

Gala Games is working on a Layer-1 blockchain that will use $Gala for gas fees.

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Ship with red sails sailing through Honk Kong.
FTX News
Hong Kong to Provide Tokenized Green Bonds for Institutional Investors: Reports

The green bond offering is worth approximately US$5.75 billion, making it the largest ESG bond issuance in Asia.
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Man looking up in uncertainty towards a blue robot.
Altcoins
What’s Happening With Huobi Exchange?

Huobi advisor Justin Sun responded to growing concerns about Huobi plunging into a liquidity crisis.

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Judge Martin Glenn giving a speech with Alex Machinsky at background.
Regulations
Court Approves Celsius Network’s Ownership of $4.2 Billion in Customer Funds

This ruling means that Earn users won't receive top priority in Celsius's imminent repayment plans.
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A chair with a Wyre logo is being engulfed by a singular force
FTX News
Crypto Payment Firm Wyre May Shut Down its Services in January: Reports

As per reports, the Wyre CEO informed employees in an email that the company would liquidate, terminating their employment.
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