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Thodex CEO Sentenced To Prison For Tax Evasion

[Jul 18, 2023 2:00 PM] Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board. Thodex, which was once a…

SUI Surges 11% In Just 24 Hours, Is It Still Worth Buying?

[Jul 18, 2023 7:30 AM] After the launch of the mainnet on May 3, the SUI token fell into a deep downtrend, which has caused the price to drop by more than 87%. Low user numbers and poor on-chain data have severely clouded the outlook. However, a few days ago, there was a…

BTC Price Analysis: Why Is Bitcoin Down Today?

[Jul 18, 2023 2:00 AM] The Bitcoin price has fallen to the lower end of its almost one-month trading range between $29,800 and $31,300. Already yesterday, BTC briefly fell to as low as $29,704, only to recover to $30,306 within a few hours. At press time, BTC was again…

Big Bitcoin Move Ahead: Bollinger Bands See Extreme Squeeze

[Jul 17, 2023 5:30 AM] Since the Bitcoin price reached a new yearly high of $31,840 last week, only to invalidate the bullish breakout within a few hours and fall towards $30,000, there has been a strange tranquility in the market. Already since June 23, BTC has been in…

USTC Surprises With Nearly 60% Rally – What’s Going On?

[Jul 17, 2023 12:22 AM] The value and popularity of TerraUSD Classic, or USTC, the algorithmic stablecoin of the Terra Classic (LUNC) ecosystem, have skyrocketed recently. Today, the stablecoin makes a surprise rally, sparking a great deal of interest among investors and…

Europe Expects Its First Bitcoin ETF This Month, Report

[Jul 16, 2023 12:00 AM] Europe’s first bitcoin exchange-traded fund (ETF) is set to launch in July after a 12-month delay caused by the crypto winter. The fund has been authorized in Guernsey, a more flexible jurisdiction, which will ostensibly help to avoid some of the…