FTX US has reached a value of $8 billion in its latest $400 million funding raise. According to the exchange’s press release, FTX.US locked in new funds from a group of blue chip investors to help it expand its U.S presence, and “further establish itself as the largest crypto exchange in the US” while adhering […]

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With bitcoin’s price falling, how much more loss can the market sustain and is there more short-term downside?

A look at how macroeconomic volatility spikes are impacting the bitcoin price.

Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin futures open interest and volumes have dropped considerably over the […]