Investors are surely hurt by the shutdown of Bitfront. Many are noticed to be skeptical about investing in cryptocurrency. Is there still hope in the digital money world? Only time will tell. Despite attempts to overcome difficulties in the quickly developing market, the U.S. cryptocurrency exchange is shutting down. It announced it has ceased new […]
Category: News
December 1, 2022
December 1, 2022
Bitcoin Signals Recovery, Jumped 4% In A Day
November was not a great month for bitcoin investors. During that period, BTC reached its lowest mark in over two years. At the beginning of the month, Bitcoin was boasting one of the rare upward trends it had during 2022’s second half, trading at around $21,400 on November 5th. Many specialists speculated that the cryptocurrency […]
December 1, 2022
Genesis, A Crypto-Giant, Now Struggles Too After FTX Crash
Genesis, a U.S. cryptocurrency brokerage, announced on Tuesday (29th November) that it was attempting to escape bankruptcy. This was after Bloomberg News reported that the company’s creditors were banding together with restructuring attorneys for the same goal. Genesis together with its lawyers is trying to come up with ways of escaping bankruptcy. A stark contrast […]
