Digital Asset Digest Archives

Reboot or Selloff? FTX’s New CEO Weighs Next Steps FTX CEO John J. Ray III, who is leading the company…

Breaking the Fear Barrier: Bitcoin Market Sentiment on the Rise The Bitcoin Fear and Greed Index, a market sentiment indicator,…

Crypto Market Struggles Continue: Layoffs and Bankruptcies Plague Industry The cryptocurrency market has faced significant bearish pressure over the past…

Bull Market for Bankruptcy Lawyers: Celsius Legal Fees Surpass $53 Million in Bankruptcy Case Bankrupt crypto lender Celsius is seeking…

Proof-Of-Reserve Auditor Mazars Pauses Crypto Services Mazars has officially discontinued its “Mazars Veritas” service offering, which provided proof-of-reserve audits for…

FTX’s Sam Bankman-Fried Arrested in Bahamas, Will be Extradited to the U.S. to Face Criminal Charges. SEC and CFTC Also…

ChatGPT from OpenAI Has Taken Over the Internet Open AI’s newest release, ChatGPT, took over the internet this past week.…

Capitulation: Several quantitative and technical metrics suggest the market correction of November 2022 resembles that of December 2018, which signified the…

The Next Domino to Fall? Genesis, the largest cryptoasset lender, is seeking bailout financing, warning that if it is unable to…

It has been a tumultuous week in the digital asset world: Last Thursday, FTX filed for Chapter 11 bankruptcy, and now…

Crypto Carnage: FTX, a top global exchange that counts supermodel Giselle Bundchen as a spokesperson, and was once valued at…

On eve of election, half of Americans polled think crypto is the future of finance: According to a recent poll conducted…

Rishi Sunak became Prime Minister of Britain this week. Sunak is a well-known supporter of Web3 and cryptoassets. As Chancellor of…

Mastercard is once again making moves in Web3, announcing on Monday that they would enable cryptoasset trading for banks. The Chief…

Enterprise Adoption in a Bear Market In the past week, we have seen three big Web3/Crypto announcements from large enterprises.…

Mastercard announced a major push into digital assets this week, launching a new product called Crypto Secure that helps banks…

FTX won the auction for the assets of bankrupt crypto lender Voyager’s Digital, paying $1.4 billion. The price includes $1.3…

White House Releases Digital Asset Report Headline: Last Friday, the White House released its report on blockchain and digital assets,…

The Ethereum Merge occurred yesterday minutes before midnight Pacific Time.  This is a significant milestone for the Ethereum community and entire…

Ethereum has outperformed Bitcoin since early August, up 15% on a relative basis in the last 30 days, as investors…

FTX Acquisition: FTX co-founder Sam Bankman-Fried (SBF) has denied that FTX is planning to acquire Huobi, a competing exchange. Huobi’s native…

US Fed Update: Bitcoin and Ethereum are trading sideways as the market awaits Federal Reserve Chair Jerome Powell’s Jackson Hole remarks,…

Bitcoin and Ethereum were unable to sustain a mid-week rally and have fallen back into their recent trading ranges, as…

Bitcoin and cryptoassets moved higher after the release of July’s consumer price index, which was lower than predicted. Bitcoin remained in…

Bitcoin continues to consolidate in its $22,000 to $24,000 channel after recording a weekly high of $24,670. Bitcoin’s rolling 7-day…

Bitcoin hiked towards weekly highs just hours after the US GDP report on Thursday. The asset entered its $22,000 to…

Bitcoin closed the week 7.98% higher as crypto markets begin to recover after months of sideways price action. Bitcoin’s 30-day…

Crypto markets remain resilient despite the 9.1% CPI print and news of distressed crypto lender Celsius filing for bankruptcy. Bitcoin…

Crypto markets rebounded over the July 4th weekend as Bitcoin and Ethereum reclaimed their $20,000 and $1,100 resistance levels, respectively.…

Bitcoin has fallen by more than 37% in June, its worst monthly performance since December 2018. The downward pressure is…

Bitcoin has retraced to its $20,000 to $22,000 trading channel after bouncing from a weekly low of $17,700 over the…

Bitcoin tumbled below $21,000 for the first time since December 2020 as financial conditions worsen and investors dump risk assets.…

Bitcoin continues to consolidate within the $28,000 to $31,000 trading channel as investors await economic guidance from the Fed. The…

Bitcoin retraced to its $28K-$31K trading channel after bouncing off the $32K resistance. Although major equity indices dropped alongside cryptoassets…

Bitcoin declined for the 8th straight week for the first time in history as investors continue to fade risk assets…

Bitcoin and cryptoassets have rebounded off the lows, despite US equities tumbling. Simultaneously, Bitcoin’s 7-day rolling average correlation to the…

Bitcoin tumbled below $30,000 for the first time since July 2021 as investors continue to reduce their exposure to risk-based…

Crypto-based venture capital funding for Q1 2022 spiked to a record-breaking value of $14.6B. Demand from investors was led by…

Bitcoin dipped to a six-week low of $37,700 Tuesday, selling off with risk assets. It has since bounced back to…

Bitcoin bounced off the local bottom of $38.5K and is currently testing the 20 day moving average of $43,000. Breaking…