In federal court, he was sentenced to 25 years for the fraud and conspiracy that led to the collapse of FXT. It was once one of the world's most …
TL;DR Record Inflows for ARKB: The ARK 21Shares Bitcoin ETF, co-sponsored by ARK Invest, experienced a surge in daily inflows, reaching over $200 million despite Bitcoin’s price volatility. Growing Crypto ETF Popularity: ARKB’s success, along with BlackRock’s IBIT and Fidelity’s FBTC, indicates a rising interest in Bitcoin ETFs among investors, even as the cryptocurrency market […]
TL;DR Degen Chain, a new Layer 3 platform, is launched by Syndicate, offering ultra-cheap transactions for the community. It uses technologies like Arbitrum Orbit, Base and AnyTrust, with as its native gas token. Originating in the Farcaster community in January 2024, it has seen rapid growth with over 53,000 holders and 553,000 transactions. The decentralized […]
Authorities from the US and the UK are investigating cryptocurrency transactions passing through Russian exchanges. Recent revelations suggest that over $20 billion in crypto transfers have been flagged for investigation. According to a report by Bloomberg, the suspicions revolve around Moscow-based Garantex and its use of stablecoin Tether. The sizable volume of transactions sent through […]
Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS IN PRISON FOR MULTI-BILLION DOLLAR FTX FRAUD pic.twitter.com/M9HotmBma2 — Bitcoin Magazine (@BitcoinMagazine) March 28, 2024 […]
Sam Bankman-Fried a.k.a SBF, the founder and former CEO of defunct crypto exchange FTX, has received a sentence of 300 months or 25 years in total, with 240 months initially and an additional 60 months consecutively. The sentencing hearing unfolded on the 26th story of the federal courthouse in downtown Manhattan, where just months prior, […]
Shiba Inu has gone on various price spikes in the past few months amidst a surge in activity and interest in the meme coin. This price movement has prompted traders and analysts to ponder on when SHIB can reach the much coveted $0.0001 mark, a price level which it has largely failed to reach despite […]
Avalanche introduces tokenised diamonds, tapping into a US$1.2tn market to democratise access with blockchain tech. Standardisation and transparency aim to boost diamond investment from 1%, leveraging the Bloomberg Diamond Standard Index. This move marks a significant leap in asset tokenisation, aligning with broader market trends towards digital securities. Diamonds are forever! No, this reference to […]
From today until April 31st, you can earn $10USDC per eligible “fren” you refer to Stables. Referrals are only valid for Australian users at this time. The process to refer “frens” is simple and straightforward. Stables is rolling out its eagerly awaited “Refer a Fren” program, rewarding participants with $10 USDC for every referral. The […]
PRESS RELEASE. MALTA – March 28th, 2024 – At the forefront of entertainment innovation, Stream House Media Productions™, at https://www.shrimp.co/, announces the release date for its reality docuseries, slated to premiere in the spring of 2024. This production marks a one-of-a-kind venture, bringing together eight globally recognized streaming content creators for an unprecedented month of […]
Mike Novogratz teases need for Bitcoin (BTC) with debt death spiral analogy
Sam Bankman-Fried, once hailed as a cryptocurrency prodigy, is slated for sentencing on Thursday after being found guilty in a significant financial …
A top trader who accurately called Bitcoin’s (BTC) floor price during the 2018 bear market says one Ethereum (ETH) challenger looks extremely bullish. Pseudonymous analyst Bluntz tells his 251,100 followers on the social media platform X that he expects the native asset of the layer-1 protocol Near (NEAR) to rally to a level last seen […]
In a whirlwind of activity, Ether.fi’s native token, ETHFI, has surged by an impressive 46% in the past day, reaching an unprecedented All-Time High of $7.05. With its market cap surpassing $800 million, ETHFI has captured the attention of investors and enthusiasts alike. Spotonchain data reveals that significant movements have occurred among the top non-team/CEX […]
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In Nigeria, home of the largest digital asset economy in Africa, a feud has been developing […]
TL;DR Sam Bankman-Fried, former CEO of FTX, sentenced to 25 years in prison for fraud. Judge Kaplan hands down a sentence based on seven felony counts, including witness tampering and perjury. Bankman-Fried shows remorse, while his lawyers portray him as a misunderstood genius. Sam Bankman-Fried, recognized in the world of cryptocurrencies as the former CEO […]
XRP enthusiasts are in a frenzy after prominent community figure Chad Steingraber proposed a scenario where an XRP exchange-traded fund (ETF) could trade at a staggering 100x premium. Steingraber, a seasoned game designer, laid out his thoughts in a recent post, igniting discussions about the potential trajectory of an XRP ETF, particularly in light of […]
[PRESS RELEASE – London, United Kingdom, March 28th, 2024] Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed. CEO, Russell Bennett, forecasts a series of landmark announcements across Q2 and Q3, 2024. Commencing with the appointment of an […]
Bitcoin miner Bitdeer is reportedly in discussions with private credit firms to secure $100 million in funding to expand its mining capacity. It is believed that the cryptocurrency miner has engaged a financial adviser to assist with the negotiations. Negotiations Between Bitdeer and Lenders Continue The cryptocurrency mining firm Bitdeer Technologies Group is reportedly seeking […]
Recent report shows that several hundred million Dogecoin have been shoveled just recently amid major price surge
Crypto traders moved $208 million worth of digital assets off the embattled exchange KuCoin following the company’s indictment. The blockchain analytics platform Nansen reports that $99 million worth of crypto flowed off the exchange on Ethereum (ETH) and $108 million on Ethereum Virtual Machine (EVM) chains. KuCoin still holds more than $6 billion worth of […]
Larry Fink believes Ethereum ETFs could work even if ETH is deemed a security, challenging conventional wisdom. Fink remains bullish on Bitcoin, citing the rapid growth of BlackRock’s IIBIT as the fastest growing ETF in history. Despite typical advice, Fink reveals he’s 100% invested in equities at age 71, demonstrating his strong belief in the […]
Bitcoin is setting up for a strong week, up 3.67% at the time of writing. Why I believe the underlying market conditions favour the bulls at present. Altcoin analysis – SEI and BONK Strong week so far for the bulls, with Bitcoin rallying early this week back above $70,000 momentarily. It’s gearing up for a […]
SALEM, Ore. (KTVZ) – The Oregon Division of Financial Regulation has reached a settlement agreement in principle with a cryptocurrency asset …
Bitcoin U.S. spot ETFs saw a remarkable reversal this week, with a massive $418 million net inflow on Tuesday. This comes after the ETFs experienced 5 straight days of net outflows last week during Bitcoin’s dip below $60,000. NEW: #Bitcoin ETFs saw a $418 million net inflow yesterday following five consecutive days of outflows last […]
Cryptocurrency giveaways are not just promotional tools but potent mechanisms for engaging communities and enhancing brand visibility. Amidst many strategies aimed at driving user adoption, BlockDAG’s ongoing $2 million mega giveaway stands out, especially when comparing it to the initiatives by DeeStream (DST) during its presale momentum and IOTA’s market manoeuvres. This analysis will highlight […]
Following a week of net outflows, the spot Bitcoin ETF market has rebounded with impressive net inflows this week, highlighting a growing investor confidence in Bitcoin and its associated financial products. This week’s market activities have shown a remarkable reversal from the previous 5-day net outflow streak, with Tuesday witnessing a substantial net inflow of […]
TL;DR Ankr, a leading blockchain infrastructure provider, has launched Neura, a blockchain platform that integrates AI, cloud computing, and Web3 technologies. This platform aims to bring a new era of digital renaissance across these industries. Neura provides a robust infrastructure for AI startups, offering access to decentralized GPU resources, crypto-based crowdfunding, and on-chain AI operations. […]
TL;DR Massive withdrawal of funds on KuCoin following a complaint from the US government, raising concerns about the platform’s security and viability. Over $1.2 billion has been withdrawn, especially on the Ethereum blockchain. The investigation highlights alleged deficiencies in KuCoin regarding money laundering and customer verification, casting doubt on its integrity. The recent massive withdrawal […]
The Bitcoin Cash network stands on the brink of its forthcoming halving event, set to take place a week from now. This milestone will see mining rewards on the network notably reduced from their current levels. Currently, Bitcoin Cash ranks as the 15th largest by market capitalization among over 10,000 cryptocurrencies, having risen 91% against […]
Bitcoin poised for significant price movement as it approaches pre-halving peak
A widely followed analyst and trader is offering his prediction on three crypto assets amid a slight bump in the markets. Starting with the layer-one blockchain Near Protocol (NEAR), the analyst pseudonymously known as Bluntz tells his 251,200 subscribers on the social media platform X that the Ethereum (ETH) rival could rise above $9.01, the […]