Trading
Nasdaq Crypto Index rose 37.2% in January – amid bullish market sentiment
Last month, the Index booked its third-highest monthly gains since February 2021, while Bitcoin itself saw its price rise by 39.4%.
Monika Ghosh 1 min read
North America Crypto News
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Regulation
CoinShares CEO says lack of political will hindering US regulatory landscape
Jean-Marie Mognetti wants clarity on which agency should take the lead in crypto regulation.
Bankruptcy
FTX Group interim financial update contradicts court filing, shows exchange had $1.43B in cash
Roughly 40% of FTX Group employees have been cut since the end of 2022 as administrators continue to sift through bankruptcy aftermath.
Bankruptcy
Silvergate’s ties to FTX face renewed scrutiny from senators
Warren and other senators were not satisfied with Silvergate's previous answers.
Mining
Bitcoin miner Greenidge lost $130M in 2022 Q4; restructures debt with NYDIG, B. Riley
The Bitcoin miner restructured its debt with its creditors, giving it more time to repay and further opportunities to reduce its debt burden.
Research
Research: Bitcoin futures open interest grows ahead of FOMC meeting
Diving deeper into the futures market shows that the ongoing market volatility has the potential to turn into positive price action following the FOMC meeting.
Bankruptcy
Court-appointed examiner confirms Celsius operated as a Ponzi
An independent report into Celsius's business affairs confirms shady business practices and Ponzinomics.
