Read bear market crypto news and analysis, including downturn signals, investor sentiment, capitulation events, and recovery outlooks.
Insolvency rumors concerning centralized exchanges like Binance, KuCoin, and Nexo persist following BlockFi's Chapter 11 bankruptcy filing on Nov. 28.
Samuel Wan 4 min read 
Ben Caselin confirmed his resignation from Hong Kong exchange, AAX, following disagreement with company decisions.
BlockFi files for Chapter 11 bankruptcy protection and would seek to recover all obligations owed by its counterparties, including FTX.
Bitboy alleged that Kevin O'Leary was a key player in the Celsius collapse and had close ties to Sam Bankman-Fried.
BITFRONT grants users until March 31st 2023 to withdraw funds and set to delete all personal information within 40 days of that date.
JP Morgan said regulation is coming to crypto following the FTX collapse and highlighted the importance of self-custody, asset security, and customer protection.
Nearly 50,000 Bitcoin are withdrawn from Coinbase daily between Nov. 23 and Nov. 27 — equating to roughly $3 billion.
The FTX collapse birthed a new wave of Bitcoin-only sentiment. On-chain data suggests hodlers continue to believe despite mounting price pressure.
50,000 Bitcoin were withdrawn from Coinbase on Nov. 24 and 25, marking the third-largest withdrawal from the exchange.
