Crypto market enters 'extreme fear' as analysts warn of Bitcoin below $50K

Bitcoin (BTC) starts a new week in the shadow of a new geopolitical conflict — what are the main hurdles that investors face?In what has become an unrecognizable macro-environment compared to even days ago, Bitcoin, like many other assets, is feeling the pressure.Russia’s invasion of and subsequent war against Ukraine is wreaking havoc on global…

Initial investigations revealed that all crypto exchanges performed lawful operations across South Korea. However, Flata Exchange is suspected of listing its in-house token, FLAT, in January 2020. 371 Total views 9 Total shares Native cryptocurrencies turned out to be the biggest factor contributing to the demise of numerous exchanges and ecosystems this year, most recently…

Major crypto exchanges continue to elevate the stature of the DeFi space. OKEx is the latest cryptocurrency exchange to hop on the DeFi bandwagon. On August 28, they announced listings for eight different DeFi tokens, including Band Protocol (BAND), JUST (JST), REN, Reserve Rights (RSR), Yearn.finance (YFI), Nexus Mutual (wNXM), YFII.finance (YFII), and Tellor (TRB).…

The sudden collapse of Silicon Valley Bank (SBV) has quickly unfolded over the course of three days, depegging stablecoins, leading regulators in the United States and United Kingdom to prepare emergency plans and raising fears among small businesses, venture capitalists and other depositors with funds stuck at the California tech bank.Cointelegraph's team compiled a roundup…

A former Securities and Exchange Commission (SEC) official has slammed “cryptocurrency lobbyists” for labeling SEC enforcement actions as “regulation by enforcement" — calling the term a “Bogus Big Crypto Catch Phrase.”John Reed Stark, a former chief of the SEC’s Office of Internet Enforcement and a crypto skeptic, opined in a Jan. 22 post that the…

An auction to recapitalize MakerDAO (MKR) after the mid-March market turmoil successfully concluded on March 28, bringing in over $5 million worth of DAI. Crypto venture fund Paradigm Capital revealed in a March 31 tweet that it won approximately 68% of the auctioned tokens.The company had previously pledged to join a “backstop syndicate” and cover…

The disgraced banker of last resort has been displaying odd behavior on Twitter, leading to speculation about his intentions and mental condition. 345 Total views 2 Total shares Sam Bankman-Fried, the former CEO of bankrupt cryptocurrency exchange FTX, has concluded a Twitter thread he started Nov. 14. In approximately 40 hours, he spelled out “What…