As the Binance-FTX deal fails, the price of bitcoin drops below $16,000.

On Thursday, the cryptocurrency market as a whole collapsed when big exchange Binance withdrew a bailout offer for struggling rival FTX, casting uncertainty on the survival of the latter and deflating mood, sending Bitcoin to a fresh two-year low. The biggest cryptocurrency in the world lost over 10% of its value, reaching a low of $15,603.3, its lowest point since mid-2020. By 21:52 ET (02:52…

Binance got hacked and stolen for $570 million, crypto hacks are looming what investors can hope for

Blockchain is linked to Binance one of the world’s largest crypto exchanges that have been targeted and hit by a $570 million hack Reuters reports.  The CEO of the crypto trading platform said on Twitter that tokens were stolen from a Blockchain “bridge” used in the BNB chain, known until February as the Binance Smart chain. The crypto markets have been constrained recently as a result of…

Bitcoin is Falling Below $19,000, the death of Crypto is near

The Crypto market is in turmoil now with bitcoin falling below $19,000. Crypto is considered the riskiest asset to own in modern markets. Monday on regulatory concerns and US and fear of global economic recession make investors more careful while some getting out from the market. Bitcoin is the biggest market capital in the crypto market and when bitcoin comes falling others are coming down with…

Crypto topple 03-weeks lower, worst happened to Bitcoin.

The cryptocurrency market is very volatile. Crypto is all lagging so behind those trending areas due to recent changes in the financial and other sectors as well as the global increase in inflation. The main driver of the cryptocurrency market is BTS or Bitcoin, however this year, Bitcoin has declined significantly. It increased by more than $60,000 last year before falling below $45,000 and…