Mark Mobius, founder of Mobius Capital Partners, says bitcoin continues its downward trend. which will reach the level of 10,000 dollars
In addition, said Mr. Mobius He will not take his own money. Or a customer’s money to invest in digital assets because there is too much risk
Bitcoin used to exceed $69,000 in November 2021. which is the highest level in history before sinking below $20,000 in June 2022. amid concerns that the US Federal Reserve (Fed) will accelerate interest rate hikes and reduce the size of its balance sheet drags liquidity in the market down. and made the United States face a recession
BlockFi declared bankruptcy on Monday (Nov. 28), as the company filed for Chapter 11 bankruptcy protection in New Jersey.
BlockFi, which has a market capitalization of $4.8 billion, said it has more than 100,000 creditors and $1 billion to $10 billion in liabilities and assets.
BlockFi, which offers cryptocurrency storage services and has its own trading board It is one of many companies affected by the collapse of FTX, the world’s No. 2 cryptocurrency trading platform.
BlockFi previously announced the suspension of customer withdrawals. He acknowledged that the business had been hit hard by the FTX bankruptcy.
FTX filed for bankruptcy on November 11 with more than 1,000,000 creditors, while about 130 of its affiliates filed for bankruptcy. These include Alameda Research and FTX.us.
FTX became a bankrupt company in just a few days. of original assets of more than 30 billion dollars Amid liquidity crises as clients flock to withdraw funds as Binance withdraws
