CNN recently reported that Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, will testify in his criminal fraud trial as early as Thursday, his defense team announced Wednesday. The move signals a dramatic shift in legal strategy as Bankman-Fried…
Cardano’s ADA Anticipates a Challenging Phase: Expert Analysis
According to a recent analysis from prominent crypto expert Benjamin Cowen, Cardano’s ADA token is confronting a questionable future. Cowen, who holds a Ph.D. in engineering, has established himself as an authoritative voice on cryptocurrency markets. His latest observations indicate…
Is the SEC Overstepping Its Authority in Crypto Regulation?
According to a recent update from the Economics of the Securities and Exchange Commission (SEC), regulating cryptocurrencies is difficult. The SEC aims to protect investors from fraud and manipulation. However, heavy-handed regulation could stifle innovation in the promising crypto sector.…
Read this Crazy Story of How a Doctor Used Bitcoin to Hire a Hitman for a Murder Plot
Bitcoin is the apex cryptocurrency and has the characteristics of anonymity. However, people from time to time always try to abuse this feature by engaging in crime. So, this was the case of a doctor trying to murder his girlfriend…
Shiba Inu Coin Searches for Footing After Failed Breakout
The meme-inspired cryptocurrency Shiba Inu (SHIB) is struggling to regain footing after a failed breakout attempt earlier this month. SHIB is still stuck in a downtrend despite some positive technical developments suggesting a bullish reversal may be forthcoming. Key resistance…
US Unemployment Rate Came Out To Be 3.8%, And BTC Outperforming NASDAQ, & SPX: Weekly Market Watch & Crypto Price Analysis
SPX: SPX closed the week at $4,327.79. This week, SPX was positive and ended with a gain of $19.3. According to the previous analysis, it was mentioned that SPX would make an upside move from $4,220, and everything unfolded as…
Bitcoin Hodlers Are Showing Up in Large Numbers as Over 50% of BTC Supply Remains Unmoved for 5 Years
People holding on to Bitcoin for a long time show they are increasingly confident of a price increase for years to come. So, this is the case of Bitcoin as the level of dormancy in BTC supply increases to new…
FTX Lawyers Under Scrutiny Over $200 Million Alameda Loans
Bankman-fried’s defense seeks clarity In a recent development, Sam Bankman-Fried’s legal team is pushing to investigate the alleged role of FTX lawyers in issuing $200 million worth of loans from Alameda. This move comes after an Oct. 1 court decision…
Shocking! This Bitcoin Mining Company Is Having a Nearly 200% Increase in their BTC Production
Bitdeer is a Bitcoin mining company with the goal of changing how certain things work with BTC mining. So, they recently saw a massive surge in their Bitcoin mining for the year and monthly data. Brace up as we dive…
UK Crypto Exchanges Scramble to Comply With New Regulations
Major cryptocurrency exchanges operating in the UK have unveiled plans to adhere to the country’s new Financial Promotions (FinProm) Regime enforced by the Financial Conduct Authority (FCA). The rules aim to promote fairness and transparency in the crypto sector. Binance…