Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk

Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from Twitter CEO Elon Musk have helped boost prices. Ethereum remained below $1,300 on Monday. Bitcoin […]

Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud

Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron FraudFormer U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said the regulatory community ought to draw two lessons from the collapse of FTX. Larry Summers Compares FTX to Enron Former Treasury Secretary Lawrence Summers shared […]