Bankruptcy law firm S&C absolved from misconduct, according to new FTX proposal
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities.
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New CME Bitcoin Options Spark ‘Unusually Strong Activity’ — JPMorgan
The United States’ largest bank believes interest will be high in CME Group’s new Bitcoin (BTC) options when they launch on Jan. 13. In a note from Jan. 10 quoted by Bloomberg on Friday, a group of analysts at JPMorgan Chase led by Nikolaos Panigirtzoglou noted interest in CME’s existing Bitcoin futures had spiked in the…

The air for Bitcoin bears 'is getting very thin,' new ATH by Q1 end — Analyst
The favorable macro-environment leaves little room for doubt that Bitcoin is headed for new highs by the end of Q1 2025, making it very “thin air” for bears right now, according to a crypto analyst.

Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021
It's "younger" BTC bought at the Summer $30,000 lows that's moving in Q4, data shows. 1575 Total views 20 Total shares Seasoned Bitcoin (BTC) hodlers have hardly spent any coins despite $69,000 all-time highs this year, data shows.According to the Coin Days Destroyed (CDD) metric from on-chain analytics firm Glassnode, the proportion of coins being…

Bitcoin faces ‘considerable danger’ from Fed in 2023 — Lyn Alden
Bitcoin (BTC) still risks “considerable danger” in 2023 as macroeconomic conditions dictate price action.That is according to economist Lyn Alden, who in private comments to Cointelegraph cautioned on Bitcoin staying bullish after its January gains.Alden: BTC price bottom is a "process"Optimism is increasing throughout crypto as BTC/USD broadly retains levels, which are 40% higher than…

Federal judge’s decision could be a blow for the privacy rights of crypto users
A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges.In granting a motion to dismiss filed in December, Judge Joseph DiClerico in the District of New Hampshire suggested the Internal Revenue Service has no obligation…

Cointelegraph elevates the Historical collection’s exclusivity to new heights
The Cointelegraph Historical collection reaches a new milestone in its development, with minted versions of articles becoming more scarce. Own this piece of history Collect this article as an NFTCointelegraph has announced a major change to its Historical digital collectibles project. Starting Feb. 13, the price of Cointelegraph articles minted as nonfungible tokens (NFTs) will…

New crypto owners nearly doubled in 3 key regions in 2021: Report
More than half of respondents in India, Brazil and Hong Kong made the first purchase of a cryptocurrency like Bitcoin in 2021. 62 Total views 31 Total shares The number of cryptocurrency owners has massively increased last year, with nearly half of all owners worldwide buying crypto for the first time in 2021, according to…

‘The wealthiest time of my life was the most miserable’: Peter McCormack
For someone who devotes so much of his life to Bitcoin and finance — and who has made and lost a small fortune twice now — podcaster Peter McCormack doesn’t actually seem to care that much for money.“I did have a lot of money in my life a couple of times,” says the 42 year…