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FTX submits list of creditors revealing $3B in debt


The FTX crisis has reached a new level of difficulty. The business owes its unsecured creditors more than $3 billion, according to court documents. Moreover, a pair of customers are claiming to have $200 million each in their dues. Due to a lack of liquidity, FTX recently announced that it would...

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The World Cup fever started to hype up in Qatar as one of the sporting industry’s most anticipated major football leagues; fans are excited about the intense competition among the participating teams. This year, the World Cup will have 64 intense matches in different cities in Qatar,...

Bitcoin close to the $16k mark: Will BTC test $10k?


Bitcoin is a leading cryptocurrency, but due to the FTX liquidity crisis, BTC price has broken the strong support of $19K. Now it is trading at $16,001, around the lower range of the Bollinger Bands. Most other technical indicators are bearish, suggesting it will consolidate within a range of $18K...

Will Ethereum (ETH) break the long-term support of $1000?


Ethereum is the second largest cryptocurrency, and it has become even more popular after the merge upgrade because it runs on Proof of Stake consensus, which is energy-efficient and sustainable for the long term. Ethereum has wide use cases, so ETH as an asset will provide long-term capital...

FTX exchange suffers $59M loss due to hacking


The cryptocurrency exchange FTX has suffered a loss of above $59 million as the hacker offloaded several millions of dollars resulting in a further drop in the cryptocurrency. The hacker behind this loss had transferred 50,000 ETH from one of the wallets to another address. The hacker had then...

Bitcoin Price Prediction as BTC Sees $16 Billion Trading Volume Come In


Bitcoin (BTC) was trading near a recent price floor as the weekend began on a bearish note. Bitcoin is trading slightly lower on Saturday, below the 23.6% Fibonacci retracement level, with resistance at $17,250. An already negative trend has been reinforced by the continuous drop in BTC's price...

Shiba Inu Price Prediction – Can SHIB Reach $1 in the Next Bull Market?


Shiba Inu price prediction remains bullish above $0.0000088 as it has closed Doji and spinning top candles above this level. Most of the bullish trend has been caused by an increase in Shiba Inu trades that has topped $1 billion. Several changes have occurred in the Shiba Inu ecosystem in recent...

Litecoin (LTC) turns bullish after regaining the support of $50!


Litecoin is a decentralized peer-to-peer payment transfer protocol inspired by Bitcoin. It is one of the few cryptocurrencies that has regained its previous support level quickly after the downfall due to the FTX liquidity crisis. It suggests a positive momentum and future growth of Litecoin in...

Stellar may test $0.03 in the next year: Will XLM crash?


Stellar is an open-source, decentralized protocol that allows cross-border transactions, but it has crossed the previous yearly low after the FTX liquidity crisis. At the time of writing this post, XLM was trading around $0.089, just above the yearly low of $0.08. Before the FTX bankruptcy...

Ethereum Price Prediction as Bulls Target 30% Move – Pump Incoming?


The Ethereum price is currently in the red, along with the wider crypto markets, as the market continues to deal with the knock-on effects of the FTX collapse. However, recent price action suggests that bulls are looking for a 30% move to the upside. The House Financial Services Committee...

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