Welcome to Extreme Investor Network, where we bring you the latest news and insights in the world of cryptocurrency and blockchain. In a recent development, the sale of 2/3 of $2.6 billion worth of Solana … Read more
Nouriel Roubini, also known as “Dr. Doom” for his dire perspectives on global trends, has once again spoken out against the cryptocurrency industry. At the World Economic Forum in Davos, Switzerland, Roubini stated that “Literally … Read more
Recently, CoinDesk has uncovered a shocking revelation regarding the U.S. Congress. It turns out that more than one in three of the 535 senators and representatives in Congress have connections to the fraud-ridden crypto giant, … Read more
Bitcoin has had an impressive start to the new year, climbing more than 26% and surprising those who expected riskier investments to face more challenges following sharp selloffs in 2022. This is the best opening … Read more
It has been reported that Crypto.com, the third-largest company in the cryptocurrency industry by headcount, has announced that it will be laying off 20% of its staff. This news follows a trend of similar announcements … Read more
It has been reported that Coinbase, a major cryptocurrency exchange, will be cutting a significant portion of its workforce in an effort to preserve cash during the current market downturn. In a blog post published … Read more
(Bloomberg) — Federal Reserve Bank of Minneapolis President Neel Kashkari said Friday that the whole idea of cryptocurrency is “nonsense” after the implosion of FTX Group revealed the industry’s shortcomings. A CFTC commissioner has urged … Read more
(Bloomberg) — Even before the collapse of the FTX exchange brought the crypto industry to heel, the boom in virtual-currency exchange-traded products was deflating. Launches worldwide for ETPs focused on digital assets have dwindled to … Read more
The club of cryptocurrency kings has turned against its unofficial former president Sam Bankman-Fried following his downfall. How fast things go in the world of crypto intrigue. Two weeks ago, Sam Bankman-Fried, the founder of … Read more
(Bloomberg) — Problems are multiplying for the world’s biggest crypto fund as chaos engulfs the industry in the wake of exchange FTX’s shock bankruptcy filing. The $11.4 billion Grayscale Bitcoin Trust (ticker GBTC) has plunged … Read more
