Crypto market

FTX Exchange Limits High-Leverage Crypto Trading
FTX Exchange Limits High-Leverage Crypto Trading

FTX Exchange limits leveraged crypto margin trading by over 80x. FTX CEO and billionaire Sam Bankman-Fried shared the news on Twitter. Also, FTX is the latest in a growing number of exchanges to limit leverage trading. FTX Exchange is the latest big crypto exchange to limit risky high leverage trading. The decision means that investors will no longer be able to use huge debt amounts when trading on the exchange.  FTX’s billionaire CEO, Sam Bankman-Fried (SBF), shared the news on Twitter. In the tweet thread, SBF shared that FTX will limit margin trading to 20 times the invested capital. The

Andreessen Horowitz
Andreessen Horowitz Hires Ex-SEC Finance Director for $2.2B Crypto Fund

Andreessen Horowitz launched $2.2 billion crypto fund and hired former SEC Finance Director Bill Hinman. The firm is notable for its early investments in highly successful companies such as Facebook. Hinman is popular for stating that Bitcoin and Ethereum are not securities. Prominent crypto valley investment firm Andreessen Horowitz announced the launching of Crypto Fund III, which will enable it to continue investing in promising crypto startups. The fund is worth a whopping $2.2 billion, and will represent “the beginning of an exciting new chapter”. The announcement read, “We believe that the next wave of computing innovation will be driven

Crypto Forecast: Why the Market is Expected to Skyrocket
Crypto Market Rises Stronger Amid Wild Crash

Crypto market experienced over -10% market crash. Dogecoin keeps its uptrend position despite the mass market crash. The crypto world keeps rising stronger even after the market fall. The crypto market had just experienced a huge market crash recently. For this reason, most of the digital assets in the crypto world experienced a market decline of over 10%. Indeed, this is an event that surprised and caught the attention of investors around the world. This made Chris Burniske, a crypto enthusiast, react in a tweet post: Burniske believed that this market crash has made the crypto market stronger than ever.