Posts published on November 23, 2023 go to media archive 1/3

Court Upholds Detention of Ex-FTX CEO Sam Bankman-Fried, Deeming Release Arguments ‘Unpersuasive’

As Sam Bankman-Fried’s legal representatives gear up to appeal the ex-FTX chief’s recent verdict, they have requested the court for his provisional release from the Metropolitan Detention Center in Brooklyn, New York. Upon examination…

US Prosecutors Urge Court to Keep Binance’s Ex-CEO in the Country Amid Flight Risk Concerns

In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his…

Glassnode Analysis Reveals Spot Bitcoin ETF Approval Could Unleash $70B Capital Influx

The approval of a spot bitcoin exchange-traded fund (ETF) in the U.S. could inject substantial new capital into the cryptocurrency market. Glassnode’s latest analysis on the subject provides a deep dive into how spot bitcoin ETFs could…

From Crypto To Catch: Disgraced FTX Founder Turns To Trading Fish In Prison

According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple…

Analyst Says Ethereum Is Seeing ‘Systemic Buying’, What This Means

A CryptoQuant Analyst has identified a significant systemic buying trend in Ethereum, suggesting a rising influx of strategic investments into the blockchain network.  Analyst Reveals Ethereum Systemic Buying Trend A crypto market observer and a…