Final FTX exec to be sentenced on Nov. 20 — What should users expect?
Three of the five individuals indicted in the FTX case have been sent to prison, while one was given time served.
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Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K
BTC price performance looks limp on the last day of May, with the 200-week moving average rapidly coming into view. 616 Total views 10 Total shares Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewAnalyst: Bitcoin reaching “crucial area”Data from Cointelegraph Markets Pro…
African Union greenlights AI adoption across member states
The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth that aligns with Nigeria’s digital transformation goals.
Aussie household name threatens to sue The Guardian over Bitcoin scam ads
The legal team behind the case called it a “prolific cryptocurrency scam.” 245 Total views 1 Total shares Electronics entrepreneur Dick Smith — who is a household name in Australia — has threatened a lawsuit against a major media outlet after it hosted ads that linked to fake articles suggesting Smith is promoting a fake…
Chainalysis Says Bitcoin Price Stable for now, but Future Uncertain
Chainalysis posted their report for the BTC market for March 2020. According to the blockchain and crypto analytics firm, exchanges have experienced a huge inflow of BTC since March 9, receiving nearly 319,000 of the cryptocurrency on March 13 alone. However, between March 12-13, almost nine times the average daily amount of Bitcoin was sent to…
Darknet crypto mixer operator pleads guilty to laundering $300M in BTC
Ohio man, Larry Dean Harmon, has pleaded guilty to laundering more than $300 million while operating the Darknet-based Bitcoin mixing service, Helix. On August 19, The U.S. Department of Justice announced that the 38-year-old pleaded guilty to laundering more than 350,000 Bitcoin through Helix from 2014 through 2017.Bitcoin mixers are used to help people anonymize their…
Crypto market selling pressure remains Asia dominated: Glassnode
Investors based in Asia have generally been sellers while those in the US and EU have been buyers for the past two years with only one short exception. 403 Total views 4 Total shares The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to…
Coinbase applies to trade crypto futures
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light. 1303 Total views 31 Total shares Top U.S. crypto exchange Coinbase has submitted an application to become a registered Futures Commission Merchant (FCM) with the National Futures Association (NFA).Details…
Bitcoin shorts keep burning as BTC price seeks to hold $27K
Bitcoin stubbornly refuses to give up its latest gains as BTC price seeks to flip $27,000 to support into September's last Wall Street open. Bitcoin (BTC) bounced around $27,000 on Sep. 29 as a challenge to month-to-date highs dragged BTC price action upward.BTC/USD 1-hour chart. Source: TradingViewBTC price maintains overnight strengthData from Cointelegraph Markets Pro