commodity trading activities

Bahamian Regulator Says It Seized $3.5 Billion in FTX Crypto Assets

Bahamian securities regulators said they seized digital assets worth $3.5 billion from local FTX operation in mid-November as the cryptocurrency exchange headed for the collapse, a figure that US executives at FTX cast doubt on Friday. Christina Rolle, executive director of the Bahamian Securities Commission, said in an affidavit released Thursday that the commission seeks …

Bahamian Regulator Says It Seized $3.5 Billion in FTX Crypto Assets Read More »

Bitcoin has a big week ahead of it. Traders see $8,500 as more likely than $34,000.

Bitcoin and other cryptocurrencies were little moved on Monday ahead of what could be a big week. The crypto continues to languish following the painful bankruptcy of exchange FTX last month, with market participants increasingly bearish on the outlook. Bitcoin price fell 0.4% in the past 24 hours to $17,033. The biggest crypto continues to …

Bitcoin has a big week ahead of it. Traders see $8,500 as more likely than $34,000. Read More »