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It has been a month since the collapse of FTX and the revelation of large-scale fraud by Sam Bankman-Fried and other FTX executives including the misappropriation of users' funds. The collapse of the FTX exchange has brought to light the …
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The past week has been tragic for the cryptocurrency market with the collapse of FTX creating a contagion of fear and distrust in the rest of the industry. The entire situation regarding Sam Bankman-Fried and any others involved will take …
If you haven’t already heard, the cryptocurrency industry is in distress once again with what one could only call another black swan event. The second largest exchange in the world, FTX has imploded seemingly overnight and is tanking the rest …
Cryptocurrencies are holding up well so far on bullish news after breaking out above key moving averages the past 2 weeks. This continues to mark a steady outperformance of crypto over stocks for the past several weeks.
Bitcoin remained above …
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October has been fairly boring for cryptocurrency prices so far, which has actually been a good thing. While volatility continues to increase amongst other risk assets amidst growing global economic stress, the cryptocurrency market has been flat.
Bitcoin is down …
After a strong start to the week Bitcoin is now teetering on several significant inflection points, even with down days on Wednesday and Thursday. On a weekly timeframe we’re anticipating a potential breakout before the weekly close this Sunday night …
Stocks continued to breakdown further to start this week and have actually been underperforming relative to the cryptocurrency market. Both the S&P 500 and Bitcoin did close at new multi-year lows in the past 10 days, but while stocks have …