Major Cryptos Plunge Over the Weekend Amid FTX Collapse

Nov 21, 2022

Bitcoin (BTC) slipped 2% but held above its recent $16K support while other major cryptos dropped significantly. Wave Financial’s Head of Protocol and Treasury Management Nauman Sheikh discusses the impact of FTX’s collapse on the broader crypto markets. Plus, insights on Grayscale’s Bitcoin Trust (GBTC) shares trading at a discount of 45% below the net asset value. CoinDesk is an independent subsidiary of Digital Currency Group (DCG), which also owns Grayscale.

Up Next

05:37

Consensus 2024: All Eyes on Regulation

May 31, 2024

10:29

Consensus Heads to Toronto in 2025

Jun 11, 2024

10:49

Citi's Exploration Into Crypto and the Metaverse

Jun 6, 2024

06:17

Crypto Needs 'More Enforcement': Former White House Official Carole House

Jun 5, 2024

09:47

Visa Is the 'Bridge' Between Payment and Blockchain Technologies: Head of Crypto

May 30, 2024

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.