The total market capitalization of the cryptocurrency space has reached a new all-time high above the $3.1 trillion mark, a figure that is close to surpassing the gross domestic product (GDP) of France.
Sam Trabucco, former co-CEO of the now-defunct crypto trading firm Alameda Research, has agreed to surrender significant assets to creditors of the failed cryptocurrency exchange FTX.
Nasdaq-listed business intelligence firm MicroStrategy (MSTR) has acquired an additional 27,200 Bitcoin for nearly $2 billion, further consolidating its lead as the largest corporate holder of BTC.
Top stories in the Crypto Roundup today:
- Crypto Market Cap Surges Past $3.1 Trillion
- Former Alameda CEO Sam Trabucco Surrenders $70 Million in Assets to FTX Creditors
- MicroStrategy Adds 27,200 Bitcoin for $2 Billion
- Centralized Exchange Volumes Surged 19% in October