The once multi-billion dollar cryptocurrency enterprise, which was headquartered in the Bahamas, started unraveling after a CoinDesk article questioning the financials of FTX’s sister company Alameda Research led to a liquidity crunch in early November. On Tuesday, rival exchange Binance was looking to buy the embattled FTX before the deal was scrapped – the exchange is now seeking protection from bankruptcy in the U.S.
Why Bitcoin keeps snapping back to $70k — and the $13B options “magnet” behind it
Bitcoin’s rebound on March 4 appeared odd in case you solely watched it by means of the same old “danger...
