First Mover Asia: Bitcoin Stays Calm at $16.5K

CoinDesk LogoCoinDesk2d ago

First Mover Asia: Bitcoin Stays Calm at $16.5K - CoinDesk

Quick Summary:

Jocelyn Yang writes about the domino effect caused by the the downfall of FTX.

July 1: Voyager Digital says it is “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” (Voyager filed for bankruptcy protection on July 5.

The same day, FTX Group companies – including FTX Trading and FTX US – filed for bankruptcy protection in the U.S.Nov.13: The Hong Kong-based crypto exchange AAX said it had suspended withdrawal for as long as 10 days due to ​​the failure of an unidentified third party.

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First Mover Asia: Bitcoin Stays Calm at $16.5K - CoinDesk (Picture 1)


Article Details

Author / Journalist: James Rubin, Jocelyn Yang

Category: Crypto



Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 02:13:08 (2 days ago)

News Timezone: GMT -5:00

Ranking: #1823 (out of 2395 stories this day)

News Source URL:

Language: English

Article Length: 1694 words

Reading Time: 10 minutes read

Sentences: 64 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 1921472

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Main Topics: Crypto

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Update Frequency: 30 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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