Now that Sam Bankman-Fried is a convicted criminal likely destined for decades behind bars in a brutal federal prison, what fate will befall his former colleagues and co-defendants? Nishad Singh, FTX’s director of engineering, Gary Wang, the exchange’s chief technical officer, and Caroline Ellison, former CEO of FTX sister trading firm Alameda Research, all pleaded […]
Indian cryptocurrency traders on WazirX are showing unwavering enthusiasm for XRP and SHIB
Bitcoin is a store of value currency and inflation hedge likable to “exponential gold,” wrote Jurrien Timmer, Head of Global Macro at Fidelity, in a post to X on Wednesday. The analyst argued that both Bitcoin and gold boast distinct but attractive risk/reward ratios right now and that both may be players on the “same […]
Investors are focusing on Monero (XMR), VC Spectra (SPCT), and Litecoin (LTC), to find out which of them is the best cryptocurrency to invest in.
JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities, according to a new report on the company’s overall balance sheet. The banking giant is now stuck with roughly $40 billion in unrealized bond losses as of Q3 of this year, which is a 20% rise over the previous quarter, reports […]
Block Inc., the company led by Jack Dorsey, has reported a significant increase in its Bitcoin revenue for Q3, leading to a surge in its stock price. The company’s Bitcoin operations generated a profit of $44 million, contributing to a total revenue of $5.62 billion for the quarter. The positive financial results have been attributed […]
OpenSea Pro brings excellent news by announcing its integration with the Polygon network, a strategic move aimed at facilitating the trading of NFT assets between Ethereum and Polygon. This decision responds to the growing need for interoperability within the Web3 ecosystem and stands in contrast to Binance NFT’s recent withdrawal from the Polygon network. OpenSea […]
In the financial center of Dubai, the Cardano Summit 2023 will gather some of the most prominent projects in the crypto space. During the three-day event, speakers, founders, and the community will voice views on the growing sector and the future of the network and blockchain technology as Cardano enters a critical stage in its […]
The new CFTC proposal enhances rules for futures commission merchants and derivative clearing organizations, mandating high liquidity in customer fund investments.
This Bitcoin metric hints investors may start selling BTC soon
Crypto’s JPEG market is showing signs of life—despite mass layoffs at prominent marketplace OpenSea on Friday—as NFT trading volume grew by $99 million in October compared to the month before, according to a report released by crypto data firm DappRadar. “The yearlong downward trend in NFT trading has been broken,” DappRadar wrote, noting that NFT […]
Amir Bruno Elmaani, famously known in the cryptocurrency world as “Bruno Block” and the founder of the Oyster Protocol has been sentenced to four years in prison for tax offenses amounting to over $5.5 million. The United States Attorney for the Southern District of New York, Damian Williams, announced the verdict, highlighting the severity of […]
A former Russian minister says a BRICS currency with unique attributes is nearly ready to launch. In an interview with TV BRICS, Sergey Glazyev says that the currency itself is almost complete, but it still needs support from all leaders of the economic alliance. According to Glazyev, some member nations have already thrown their weight […]
HodlX Guest Post Submit Your Post Cryptocurrency is changing rapidly. Driven by advancements in blockchain technology, regulation and adoption, the market is looking like it will be changing again. One of the seminal moments of Q3 2023 was the avalanche of applications for Bitcoin (BTC) spot ETFs (exchange-traded funds) by major asset management firms. This […]
After a five-week trial, a New York jury found FTX’s Founder and former CEO, Sam Bankman-Fried, guilty of all seven counts of fraud, conspiracy, and money laundering. The sentencing for this crime is yet to be scheduled, tentatively set for March 28, 2024. “The verdict unanimous, your honor,” noted a message from the 12-member jury […]
Cryptocurrency have taken the financial world by storm, offering a decentralized and secure means of conducting transactions. However, the rise of …
The Supreme Court’s choice to take up this case represents a pivotal development for firms utilizing arbitration clauses.
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. Letting go of the fiat world also means being able to let go of Bitcoin. Let me explain by telling you a story about how I died. I grew up […]
The Bitcoin price performance was one of the brightest stories in the crypto market in the month of October. While some crypto analysts currently have bearish projections for the premier cryptocurrency, others have maintained a positive stance for BTC’s performance in November and beyond. A crypto analyst known by the pseudonym Mags on the X […]
In a constantly evolving financial world, where decentralization and innovation are redefining the way we handle money, it becomes indispensable to have some tool that provides complete information about the state of decentralized finance (DeFi). That’s why in this article we will see what DeFiLlama is and what makes it unique and necessary for all […]
What does surge of Shiba Inu (SHIB) active addresses mean for price recovery?
A crypto strategist who accurately called the May 2021 Bitcoin (BTC) crash believes that the flagship digital asset is poised for a big burst to the upside. The pseudonymous analyst Dave the Wave tells his 140,900 followers on the social media platform X that, based on his charts, Bitcoin could potentially surge to around $50,000 […]
A closely followed crypto trader believes that the top memecoin Dogecoin (DOGE) is gearing up for a breakout rally. Pseudonymous trader The Flow Horse tells his 183,000 followers on the social media platform X that he believes DOGE has a lot of upside potential after moving above its diagonal resistance on the weekly chart. “All […]
Bloomberg Intelligence analyst Jamie Coutts says that one crypto sector could experience explosive growth over the next half a decade. Coutts says that smart contract blockchains such as Ethereum (ETH) and Solana (SOL) could reach 100 million daily users by 2028 by growing at 20% quarter-on-quarter. According to Coutts, the number of daily users of […]
The U.S. Securities and Exchange Commission (SEC) is calling for a conclusion to its legal battle with Terraform Labs and its co-founder Do Kwon, calling on a Manhattan judge to deliver summary judgment in the case. In the agency’s view, the evidence “is clear, undisputed and overwhelming,” that the crypto mogul violated securities laws in […]
Coinbase Global (Nasdaq: COIN) has managed to beat the market estimates with its third-quarter revenue of $674.1 million and an adjusted loss of $0.01 per share. However, shares of the crypto exchange plummeted nearly 5 percent due to the missed total trading volume expectations. Mixed Q3 Results of Coinbase According to the official figures published […]
Like many online scams, cryptocurrency fraud comes in different forms. A very popular type of crypto scam is known as "pig butchering.
Bitcoin is setting up for another trip past $35,000, analysis argues as BTC price settles into the weekend.
Cardano (ADA) has recently experienced a notable surge in market capitalization. Blockchain analytics firm Santiment reported a 9% increase in ADA’s market cap over the past day, which adds to a more than 20% rise over the last two weeks. This growth spurt in valuation aligns with heightened activity on the Cardano network, specifically among […]
XRP showcases bullish ascending triangle pattern, hinting at potential $0.69 target
A widely followed crypto analyst is warning that Ethereum (ETH) competitor Solana (SOL) could undergo a sudden market correction. Pseudonymous crypto analyst Rekt Capital tells his 363,800 followers on the social media platform X that if SOL fails to flip a key level into support, it could follow a prior price pattern to the downside. […]
The Bitcoin market continues to be a rollercoaster of emotions for investors, and today, Friday, November 3, was no exception. In the last month, we have witnessed a notable increase in the price of Bitcoin. The cryptocurrency has seen an impressive 25% increase, going from $26,700 levels to surpassing $35,000 and even touching $36,000. The […]