‘There will be many more zeros’ — Kevin O’Leary on FTX-like collapses to come

    The Shark Tank star said all unregulated exchanges are seeing “massive outflows” right now, and rightly so. Unregulated crypto exchanges will continue to fall like dominoes post-FTX, with plenty more “meltdowns” to come, warns Shark Tank star and investor Kevin O’Leary. O’Leary, a former spokesperson and proponent for the now-bankrupt FTX exchange, told Kitco anchor David Lin…

    BTC forming bottom akin to 2018 with one key difference: Bloomberg analyst

    The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets. Mike McGlone, Bloomberg’s senior commodity strategist believes Bitcoin could be developing a  “bottom” in the same way it did prior to 2019’s bull run but said there is…

    Scaramucci to invest in crypto firm founded by former FTX US boss

    It is understood the crypto software company will enable crypto traders to create algorithmic-based strategies to access different markets. SkyBridge Capital founder Anthony Scaramucci is investing in a crypto company founded by the former president of FTX US. Scaramucci told Bloomberg in an email that he would be investing his own personal funds to support ex-FTX US…

    Bitcoin steps out of ‘Fear’ for the first time in nine months

    The Bitcoin Fear and Greed Index reached an index score of 52 over the weekend, marking the first time its hit neutral territory in three quarters. The highly-referenced Bitcoin Fear and Greed Index moved into neutral territory over the weekend following several months of fear. On Jan. 15, the index reached a neutral level of 52, its…

    Total crypto market cap closes in on $1T right as Bitcoin price moves toward $20K

    Crypto traders chase after neutral-to-bullish options as Bitcoin price targets $20,000 and the total crypto market cap surges above $900 billion. The total cryptocurrency market capitalization reached its highest level in over two months on Jan. 13 after breaking above the $900 billion mark on Jan. 12. While the 15.5% year-to-date gain sounds promising, the…

    Climate tech VC argues Bitcoin’s ESG positives outweigh its negatives 31:1

    The Bitcoin network has a 31:1 positive to negative ratio according to climate tech VC Daniel Batten. A climate tech investor has painted a bright view of the Bitcoin (BTC) network, suggesting BTC’s environmental positives outweigh its negatives by a whopping 31:1 ratio. On Jan. 12, self-proclaimed philanthropist and environmentalist Daniel Batten claimed in a…