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Crypto markets slump as FTX seeks to raise new fundsHONG KONG/SINGAPORE :Cryptocurrency markets nursed heavy losses on Thursday, with bitcoin hovering near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX, which was seeking new funds to plug a gaping hole in its finances. Larger rival Binance walked away from a ba
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Crypto markets slump as FTX seeks to raise new fundsHONG KONG/SINGAPORE: Cryptocurrency markets nursed heavy losses on Thursday (Nov 10), with bitcoin hovering near a two-year low as investors fretted about the fallout from the implosion of crypto exchange FTX, which was seeking new funds to plug a gaping hole in its finances. Larger rival Binance walked aw
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Analysis:FTX debacle sparks investor rethink of battered crypto marketNEW YORK/LONDON : With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability of a sector already bruised by the bitcoin bubble bursting and closures of key market players.Crypto markets have come under intense pressure this year, as rising inter
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »