Tag: Collapse

Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?

Heading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The...

Will Ethena’s USDe Collapse Like Terra’s UST? Metrics to Watch

Ethena’s USDe, a synthetic US dollar protocol on Ethereum, has quickly gained traction with a market cap exceeding $2 billion. Unlike traditional stablecoins,...

Why Did NYCB Stock Collapse, Amid Bitcoin Price Surge?

After reportedly experiencing internal control issues, New York Community Bank (NYCB) stock has plunged over 20%, hitting its lowest point in 27 years....

Is This New Stablecoin a Bubble Awaiting Collapse?

Ethena Labs’ recent launch of the USDe stablecoin has sparked widespread debate. Investors are notably apprehensive about its 27.6% annual yield. With the...

Why FTX Collapse Sparked a Year of Reinvention for Crypto

On November 11, 2022, the blockchain industry faced an unforgettable moment when FTX, a once $32 billion crypto exchange, and its over 100...

Gemini Withdrew Millions From Genesis Before Collapse: Report

Cryptocurrency exchange Gemini reportedly withdrew “hundreds of millions of dollars” from the now-bankrupt crypto lender Genesis several months before the entity declared insolvency. Two...

Binance BNB Continues to Slide Sparking Fears of Collapse

The pressure on the world’s largest crypto exchange continues to mount, which can be visualized through the performance of its native asset, Binance...

Circle Hires Ex-Banker to as Risk Director After SVB Collapse

USDC issuer Circle has added top Goldman Sachs executive Craig Broderick to its board of directors to manage risk. The former executive will help...

Binance to Delist LUNC Perp Contract One Year After Collapse

Binance announced it would close positions on its Terra Classic (LUNC) perpetual futures contract before delisting it upon settlement completion. As prosecutors vie for...

FTX Collapse Leads to Salary Slash for Temasek Employees

Singapore investment firm Temasek has implemented compensation cuts for the employees behind the investment in FTX. The company had invested $275 million in...

Analyst Predicts Bitcoin Will Collapse to $12,000 in September

Analyst Nicholas Merten resurfaced to predict that Bitcoin (BTC) will drop to $12,000 in September as the bear market continues. The 511,000-subscriber YouTuber said...

This Journalist Was on the Front Lines During FTX’s Collapse

Well-known author and journalist Michael Lewis was at the front lines during the implosion of FTX. The writer was in the process of...

DigiToads (TOADS) Presale Success Signals a Promising Future for Investors, As Monero (XMR) and Quant (QNT) Collapse Amidst Crypto Market Correction

Moving on from the scandals and excessive regulatory action, the global cryptocurrency market is all set for a course correction. Projected to grow...

Bitcoin Price Could Collapse Due to Tether According to Analyst

Renowned investment analyst Cezary Graf has shared a dire outlook for the Bitcoin price. In his opinion, BTC could collapse to catastrophic levels. On...