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In the past year, between July 27, 2021, and July 11, 2022, Bitcoin has fallen nearly 24%, according to Coinbase. Its current value of $23,452.55 as of July 19 is roughly 36% less than its ...
It's no secret that most of 2022 has been a pretty rough year for the crypto market. The industry has been hit with everything from crashes to bankruptcies, to fraud allegations, massive fines,...
In a post on X, Eric Trump suggested to his followers that "it's a great time to add Ethereum," leading to a continuation of a recovery trade underpinning Ethereum, which saw this token break ...
The S&P 500 peaked for the year at 4,796 on its January 3, 2022 close, before declining 25% to its low for the year in October 2022. [11] [12] In the first 6 months of 2022, the S&P 500 fell 21%, the worst 6-month start to a year since 1970. [13] [14] On September 13, 2022, the S&P 500 declined by 4.32% in its largest single-day drop since June ...
After a short but significant fall, both crypto's peaked on 7 November 2021 at $67,566.83 and $4,812.09, respectively. The NASDAQ would peak 12 days later on 19 November at 16,057.44. In September, Bitcoin officially became a legal tender in El Salvador with many news sources wondering what countries would be next.
In April 2022, Findeisen accused the SafeMoon team of misappropriating millions of dollars. [14] According to Findeisen, Safemoon CEO John Karony had been removing funds from the liquidity pool which is the primary explanation for the crypto's price pattern. Findeisen found evidence of transactions that showed SafeMoon's liquidity wallet moving ...
The crypto crash wasn’t exclusive to crypto. The Dow Jones Industrial Average, a key stock index, entered a bear market in mid-June 2022. Moreover, the S&P 500 officially entered a bear market ...
On 12 November 2022, the Wall Street Journal reported that anonymous sources had said that Alameda CEO Caroline Ellison said that she, Bankman-Fried, Gary Wang, and Nishad Singh were aware of that decision. [28] The same was reported in the New York Times on 14 November 2022. [29] FTX used software to conceal the misuse of customer funds. [23] [24]