External news feeds 201/1991
FTX's Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
Singh is the fourth FTX executive to be sentenced for his role in the fraud.
Ex-FTX exec sentenced to time served after guilty plea
Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse.
Stablecoins boosting demand for US T-bills: Treasury Dept
The United States Treasury Department is taking an interest in stablecoins and tokenization.
Can SUI Reach $2.18? Bullish Pressure Builds Toward Key Milestone
SUI is gathering bullish steam as it heads toward a possible breakout, with a notable milestone of $2.1825 in sight. Recent market activity suggests an upswing could be on the horizon, following a strong rebound at the $1.5 support mark. If the…
Gemini – Crypto, Covered
In the rapidly evolving world of cryptocurrency, security and reliability are paramount. Gemini, a leading cryptocurrency exchange, offers a secure way to buy, sell, store, and convert crypto. Millions of users trust Gemini to diversify their…
Kraken restructures with new co-CEO, layoffs reported
Kraken hinted that its managerial structure would be reformed, without explaining the details.
Bitcoin traders take a breather as BTC price metrics hint new highs are incoming
Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs
Centralized stablecoins may pose risk to DeFi — Curve Finance founder
As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.
How Trump’s DOGE Vision Could Impact Bitcoin Prices By 2025: Market Expert Answers
As the US presidential election approaches, former President Donald Trump’s odds on crypto betting platforms like Polymarket have surged, with analysts predicting significant implications for Bitcoin prices if he secures a second term in the Oval…
The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs
In this week's issue of The Protocol, our newsletter on blockchain tech, we're covering the Optimism's $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers, and Polymarket's (negligible) impact on Polygon's…
Bitcoin’s Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners
Flow Traders, Wormhole partner to boost cross-chain liquidity
Flow Traders will buy a stake in Wormhole and facilitate cross-chain crypto swaps.
XRP Price Explosion Above $3 Is A Matter Of When, Not If: Analyst Reveals Timeline
A crypto analyst has made a bold prediction about the XRP price, highlighting that an explosive rise above $3 is not a matter of if but when. While XRP’s slow price growth over the years has tested the patience of many investors, the analyst is…
FINRA metaverse warning, Lazarus NFT attack, Thiel backs NFTs: Nifty Newsletter
Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome.
Institutional Investors Position for Bitcoin Volatility Into the U.S. Election
Some $350 million notional value of November call options traded on CME with a breakeven bitcoin price of nearly $80,000, anticipating a rally next month, one analyst noted.
Price analysis 10/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin’s shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
Michael Saylor posts fake quote from Trump on crypto to 3.6M followers
Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax.
Opportunities for Blockchains and Digital Assets to Support and Enhance U.S. National Security
With regulatory certainty, the national security benefits of digital assets and blockchain technology will grow exponentially, say four national security experts.
Reddit Sells Bitcoin Just Before Major Price Jump – Here’s What We Know
According to Reddit, the popular platform known for its forums and discussions, the company recently made a modest sale of bitcoin (BTC) and ethereum (ETH). Reddit Cashed out Its Crypto Right Before October’s Price Spike In a 10-Q SEC…
Ethereum Holds Key Support To Set A $6,000 Target – Analyst
Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum’s potential to break out. Holding this key…
Bitcoin technical indicator predicts BTC cycle peak in $174K–$462K range
A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months.
NYSE seeks to list Grayscale crypto index ETF
The proposed ETF holds a diverse basket of crypto assets, including altcoins. It may face competition.
Degens Are Searching for Further Leverage on MicroStrategy and Winning Massively
The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.
Fortune Claims Polymarket Is 'Rife' With Wash Trading
As much as a third of the prediction market's volume is inflated by traders buying and selling the same shares repeatedly, Fortune reported, citing blockchain researchers. They could be doing it to farm a future airdropped token.
Hong Kong court rules for investors in JPEX cryptocurrency fraud case
This was the first case against JPEX, which operated in Hong Kong without a license.
Making Crypto Tokens Useful and Fair
Instead of parsing the Howey test, founders should prioritize making tokens useful and fair, say Jake Chervinsky and Rebecca Rettig.
Can Bitcoin Hit $200,000 Only If The Dollar Falls? Bitwise CIO Answers
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, addressed a pressing question among investors: Does the US dollar need to collapse for Bitcoin to reach a valuation of $200,000 per coin? Hougan’s analysis suggests that…