“We have seen broader market instability despite some positive macro developments for risk assets as a whole,” David Duong, head of institutional research, at crypto exchange Coinbase, wrote, adding: “It’s still emerging which counterparties may have lent or interacted with either FTX or Alameda (FTX’s sibling company) and what those exact liabilities are. BTC could not only retest 2022 lows but touch the $13K level. We think there is support at $13.5K.”
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- coinbase
- Coindesk
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- machine learning
- Markets
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet
More from Alontrus Group & CoinDesk
A Bitcoin Warning Signal Blares From Surging Interest in Shiba Inu
Source Node: 2209602
Time Stamp: Aug 12, 2023
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
Source Node: 1722442
Time Stamp: Oct 12, 2022
Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
Source Node: 1639157
Time Stamp: Aug 25, 2022
Manta’s Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
Source Node: 2330936
Time Stamp: Oct 16, 2023
SOL, ADA, MATIC Tokens Slide 20% in Sudden Move Days After SEC Lawsuit Allegations
Source Node: 2127577
Time Stamp: Jun 10, 2023
Coinbase Cuts Around 20% Workforce as Crypto Winter Rages
Source Node: 1887566
Time Stamp: Jan 10, 2023
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto
Source Node: 2387536
Time Stamp: Nov 17, 2023
Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
Source Node: 2265315
Time Stamp: Sep 11, 2023
Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
Source Node: 1855371
Time Stamp: Dec 30, 2022
Crypto Startups Are Increasingly Postponing Token Launch as Alameda Research’s Contagion Effects Linger On
Source Node: 1961069
Time Stamp: Feb 16, 2023
Final Bitcoin ETF Application Filings Get Posted by Major U.S. Exchanges
Source Node: 2429413
Time Stamp: Jan 5, 2024