260 / 340 Relevant items tagged with #CRYPTO
Posts: 10,193
Posts
FBI Dives Into FTX Customer Records — Field Offices Issue Subpoenas to Bankruptcy Consultants
[Nov 4, 2023 2:30 PM] Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued by the bureau’s local…
Bitcoin Falls Under $35,000 But 86% Of Supply Remains Unmoved – Temporary Setback?
[Nov 4, 2023 1:00 PM] A look into the Bitcoin price action shows a consolidation under the $35,000 support level has resumed, but the majority of holders are holding steady. Onchain data has revealed that the number of Bitcoin unmoved in a 3-month timeframe has reached…
The Clock Ticks for Sam Bankman-Fried: Countdown to a Crypto Mogul’s Day of Reckoning
[Nov 4, 2023 10:30 AM] A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what will happen between now and…
Why This Fidelity Investments Director Believes Bitcoin Is ‘Exponential Gold’
[Nov 4, 2023 9:00 AM] The Director of Global Macro at Fidelity Investments, Jurrien Timmer, recently provided insights into the potential of the flagship cryptocurrency, Bitcoin, and went as far as labeling the crypto token as “exponential gold.” A Glance At Bitcoin’s…
Crypto Gainers and Losers: This Week’s Market Snapshot
[Nov 4, 2023 8:30 AM] This week, while bitcoin and ethereum decelerated, they still managed a modest uptick of 2-3% against the U.S. dollar. Meanwhile, a roster of around 50 cryptocurrencies recorded double to triple-digit gains during the same seven-day span. In the…
NBA Star Seeks to Void Property Sale After Learning of Canadian Crypto King’s Past Occupancy
Aave’s GHO Stablecoin Grapples With Dollar Peg Stability: Liquidity Fixes on the Horizon
[Nov 4, 2023 3:30 AM] The decentralized finance (defi) protocol Aave’s stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $0.966 per unit at the time of writing, five days ago it tapped an all-time low at…
RUNE Solid 100% Rally Hits Barrier: THORChain Price Nears Key Resistance
[Nov 4, 2023 2:05 AM] THORChain’s price has been up by over 100% since the last week of October, hitting levels not seen since May 2022. This is an amazing increment in price. But caution is advised since RUNE, an altcoin, seems overbought, possibly signaling a…
Mismatch Between the Demand and Supply of GPUs Stifling AI Innovation — Tory Green
[Nov 4, 2023 12:30 AM] The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, has said. According to the…
HSBC Launches Tokenization Platform for Gold Markets
[Nov 3, 2023 10:30 PM] HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated…
Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
US Treasury Cracks Down: Sanctions Crypto Money Launderer Tied To Russian Elite
[Nov 3, 2023 8:00 PM] In a significant move to combat sanctions evasion and illicit financial activities, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Ekaterina Zhdanova, a Russian national allegedly involved…
Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023
Rosfinmonitoring: Crypto Popularity Soars in Russia, 185K Transactions Registered in 2023
[Nov 3, 2023 4:30 PM] Director of Rosfinmonitoring Yuri Chikhanchin referred to the rise in popularity that crypto is experiencing in Russia in a recent interview, stating that more than 185,000 cryptocurrency transactions were completed during the first nine months of…
US Authorities Confiscate $54 Million In Ethereum From Convicted Drug Dealer
[Nov 3, 2023 4:00 PM] In recent developments, US authorities led by US Attorney Philip R. Sellinger successfully seized $54 million worth of Ethereum (ETH) from Christopher Castelluzzo, a convicted drug dealer operating in Lake Hopatcong, New Jersey. Massive Crypto…
Cardano’s Whale Watch: ADA Market Cap Jumps Over 10% Amid On-Chain Frenzy
[Nov 3, 2023 3:00 PM] 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…
Will Cardano Replicate Solana’s Surge? Analyst Reveals Similarities For 80% Rise
[Nov 3, 2023 2:00 PM] Cardano (ADA) has returned to the radar of crypto investors after an interesting run brought its price up above $0.3. This price level has been elusive for a while but eventually, the bulls have gotten a hold of it. As the market faces an impending…
Stablecoin Market Rises by Over $600M in October Despite Mixed Supply Dynamics
[Nov 3, 2023 12:00 PM] The stablecoin economy experienced growth in October after several consecutive monthly declines. In the last month, a total of $608 million was added to the fiat-pegged token market. Despite the increase, six stablecoins out of the top ten saw…
Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump
[Nov 3, 2023 9:30 AM] In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent…
Bitcoin, Ethereum Technical Analysis: Leading Crypto Assets See Choppy Price Action
[Nov 3, 2023 7:15 AM] Bitcoin and ethereum prices declined in trading on Friday, November 3, 2023, as technical oscillators flashed mixed signals for the two largest cryptocurrencies by market capitalization. Bitcoin Bitcoin (BTC) fell 3.3% to $34,195 amid light trading…
Marathon Digital and Nodal Power Unveil Methane-Fueled Bitcoin Mining Pilot in Utah
[Nov 3, 2023 4:00 AM] On Thursday, Marathon Digital, a publicly traded bitcoin mining company, announced its partnership with Nodal Power, revealing plans to initiate an innovative 280-kilowatt (kW) bitcoin mining pilot project in Utah. The project harnesses biogas…
Infowars Host Alex Jones Lost 10,000 Bitcoin in Max Keiser’s Quiz
[Nov 3, 2023 2:00 AM] Alex Jones, host of Infowars, failed to answer a quiz of five questions that would have allowed him to recover 10,000 bitcoin he lost in a laptop over ten years ago. International journalist and Bitcoin enthusiast Max Keiser asked five questions on…
Bulgaria’s Oldest Soccer Club Botev Plovdiv Adds Bitcoin as a Payment Option
[Nov 2, 2023 10:00 PM] PFC Botev Plovdiv, Bulgaria’s oldest soccer team, recently said it now accepts bitcoin payments at fan shops and catering points during matches. Fans who make payments using the top cryptocurrency anytime in the month of November are…
Polygon’s NFT Sales Skyrocket By 131% To $20 Million In Q3 2023
[Nov 2, 2023 8:00 PM] Polygon (MATIC), a Layer 2 (L2) blockchain network, experienced remarkable growth in the third quarter of 2023. According to a report by Messari, the platform witnessed a significant increase in non-fungible token (NFT) sales, successful network…
Another Court Finds SEC Acted ‘Arbitrarily and Capriciously’
Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence
[Nov 2, 2023 6:24 PM] Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m. (ET) on Thursday evening…
Solana Price’s 70% Rally Persuades Detractor, Arthur Hayes Makes Confession
[Nov 2, 2023 4:00 PM] Supported by a spike in volatility, the Solana price has skyrocketed from its yearly lows into a new high. The bullish momentum left some players in disbelief, while others capitulated to the price action and tried to capture some of the profits…
Analyst Raises Red Flag On Bitcoin Rally, Predicts Imminent Retreat After 35% Spike
[Nov 2, 2023 3:00 PM] As Bitcoin (BTC) continues to consolidate above the $34,000 mark, aiming to surpass and reclaim its yearly high, theories suggest that a retracement may follow the current upward spike in the coming weeks. On this matter, the renowned crypto…
Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It
[Nov 2, 2023 2:00 PM] Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s…