bitcoin

FTX collapses as Bitcoin hits a two-year low

ByFede Nolasco November 12, 2022February 28, 2023

One of the most dramatic and rapid reductions in wealth in financial history occurred in the cryptocurrency market. The unexpected spectacular collapse of cryptocurrency exchange FTX this week sent prices plummeting down across the board, just when the industry was beginning to assume Crypto Winter had passed. CoinGecko data shows that the value of both…

Markets

$3.36 Billion Cryptocurrency Seizure and Conviction for Silk Road Fraud

ByFede Nolasco November 9, 2022February 28, 2023

James Zhong pleaded guilty to wire fraud for stealing over 50,000 Bitcoin from Silk Road. Zhong pleaded guilty to US District Judge Paul G. Gardephe on Friday, November 4, 2022

Market Manias

ByFede Nolasco November 3, 2022April 15, 2023

Extract from the book “Popping the Crypto Bubble” from Stephen Diehl, Darren Tseng and Jan Akalin. This book is recommended for all those who are planning to invest in cryptocurrency and don’t want to end up in a foolish way losing their money.