FTX Debtors Evaluate Bids for Dormant Crypto Exchange’s Revival
Insiders reveal that FTX creditors are sifting through bids from various entities eager to breathe life into the dormant crypto exchange. The company’s investment banker highlighted that FTX interacts with “multiple parties every…
Are Bitcoin Derivatives Behind The Latest Rally? Glassnode Answers
Since the latest Bitcoin rally started, there has been speculation going on as to whether derivatives fuel the surge. Here’s what Glassnode says. Bitcoin Funding Rates Have Remained Cool Recently In its latest weekly report, the on-chain…
FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase.
Massive Ethereum Whale Transfer Threatens To End ETH Rally, Here’s Why
In a recent development, Ethereum’s latest resurgence (up over 12% in the last seven days) could be threatened by the actions of an Ethereum whale who could potentially end the token’s rally and further cause it to decline. Ethereum Whale Moves…
Will Sam Bankman-Fried fix his case when he takes the stand?
The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?
MoonPay will incorporate compliance-friendly Mastercard's Crypto Credential system and integrate payments tech like Mastercard Send and Click to Pay, according to a blog post.
Will Ethereum Rally Continue? These Could Be The Factors To Watch
The data of two on-chain indicators may be referred to for finding out whether the latest Ethereum rally can go on or not. Ethereum Has Enjoyed A Sharp Rally Of More Than 12% In The Past Week Like the rest of the cryptocurrency market, Ethereum has…
Nansen: FTX and Alameda Research Wallets Shift $8.6M in Crypto Assets to Binance
On Wednesday, Nansen, an onchain analytics provider, illuminated a series of intriguing transactions originating from FTX and Alameda Research addresses, now under the stewardship of the FTX creditors. A substantial sum of $8.6 million in…
There’s a lot of activity happening in Bitcoin tech development – with innovations that might help the original and oldest blockchain to catch up with the boom of projects building in the Ethereum ecosystem.
Bitcoin ETF Will Send BTC Back To $44,000, Why This Trading Firm Is Betting On This Scenario
The price of BTC continues to push higher, and the bullish momentum remains intact as news around the Bitcoin ETF (Exchange Traded Fund) improves overall sentiment. In the wake of the recent rally, some trading firms doubled down on their bullish…
Bitcoin Now Up Over 110% This Year In Anticipation of Spot ETF Approval And Halving
Bitcoin has risen over 110% in 2023 at the time of writing, where the price of the asset started the year off at $16,677 on January 1, has now pumped to above $35,000 only 10 months later. With more room to run this year as hype builds in the…
Payment Splitting And Switching: Improving Privacy And Payment Success Simultaneously
One of the fundamental limitations of the Lightning protocol is how payment routing is handled and accomplished. It is entirely source routed, meaning that the sender of a payment is the one who constructs the entire route from themselves to the…
Biggest Movers: LINK, SOL Race to Highest Levels Since 2022
Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging…
Shiba Inu Burn Rate Falls 80%, Is It Time To Sell?
The Shiba Inu community burn rate has seen a significant decline over the last few days. The burn rate which had been on a tear earlier in the month started to recede and has fallen double-digits in the last 24 hours alone. Given that this burn…
In this week’s “Crypto Long & Short,” Todd Groth investigates the interplay between TradFi and DeFi yields and why comparisons across markets are often overly simplified apples vs oranges.
Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial
Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken…
Sam Bankman-Fried's Defense Wants to Highlight 'Inconsistent Statements' by FTX Insiders Gary Wang, Nishad Singh
Sam Bankman-Fried's defense team asked Judge Lewis Kaplan to let them introduce proof of inconsistent statements from former FTX executives Gary Wang and Nishad Singh, tied to their statements to federal officials prior to testifying on the stand.
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