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Tag: Cryptocurrencies

Mike McGlone

Mike McGlone: Crypto will rise again in 2023

Mike McGlone, a Bloomberg commodities strategist, believes that the cryptocurrency market will rise again in 2023. In a new analysis, McGlone notes that the value of the cryptocurrency market declined by $1.3 trillion in 2022, as of early December, which is roughly equivalent to the combined decline in market capitalization of Amazon and Google. According to McGlone, this decline shows that the cryptocurrency market is still in its early...

Cryptocurrencies, Ethereum, People in crypto

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Crypto Today: The worst; BTC Decoupling; FTX Impact

Crypto Today: The worst; BTC Decoupling; FTX Impact

Is the worst nearly over?  In this still-emerging business, volatility has always been a constant. Cryptocurrency is infamous for its steep declines and spectacular recoveries. Long-time Bitcoin supporters can confirm that this is not the first crypto winter. May cryptocurrency prices and stocks recover in 2023? Hany Rashwan, CEO of 21.co, a cryptocurrency investment business, said, “It is very evident that we as an...

Bitcoin, Cryptocurrencies, News

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BlockFi - bankruptcy - chapter 11

BlockFi’s U.S. bankruptcy filing

Two weeks ago, BlockFi banned withdrawals owing to “lack of clarification over the fate of FTX.com, FTX US, and Alameda.” As previously mentioned by the BlockFi team, the move would be directly spurred by the demise of FTX, the business that initially offered a $400 million credit line to fund the crypto-lending startup. This is in addition to the exchange formed by Sam Bankman-option Fried’s to acquire for an additional...

Cryptocurrencies, Front page, Main, News

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cryptocasinos247

Why choose Bitcoin Casinos Over Traditional Casinos?

The online casino industry is booming, and there is much to gain from those new casinos. Bitcoin casinos are among the leading online casinos. Unlike traditional casinos, players use cryptocurrencies to make deposits or withdrawals at Bitcoin casinos. In this case, Bitcoins are the funding source for bettors to opt to play at the casinos of their choice. This article will outline why you should choose crypto casinos over traditional...

Cryptocurrencies, GameFi, Press release

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genesis block - crypto company

Genesis Block to Halt Operations Amid Potential FTX Repercussions

The FTX’s contagious impact continues to spread across the cryptocurrency sector. Genesis Block, once Asia’s biggest Bitcoin ATM provider, is one of the enterprises in the cryptocurrency industry suffering from the FTX crash. According to a Reuters report, which was picked up by other media outlets, the business notified its customers via email that it would stop its OTC trading facility on December 10. OTC trading, also known...

Crypto adoption, Crypto regulation, Cryptocurrencies, Exchanges, Front page, Main, News

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