Sam Bankman-Fried files appeal for felony conviction
Following the collapse of crypto exchange FTX in 2022, the former CEO faced a jury trial and was convicted of seven felony counts and sentenced to 25 years in prison.
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Bitcoin miner outflow ratio hits 6-month high in new threat to BTC price
Bitcoin (BTC) is entering a prime “low-risk bottom” zone as sellers finally accept FTX losses.Data from on-chain analytics firm Glassnode shows that seller exhaustion is reaching ideal levels for a BTC price leg up.Bitcoin sellers face low BTC price volatilityAlmost one month after the FTX implosion began, Bitcoin investors have either capitulated and sold at…
Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC
The United States Consumer Price Index (CPI) increased 8.2% annually in September, beating economists’ expectations of an 8.1% rise. The CPI print lived up to its hype and caused a sharp, but short-term increase in volatile risk assets. The S&P 500 oscillated inside its widest trading range since 2020 and Bitcoin (BTC) also witnessed a large…
Celo network back online after almost 24-hour outage
It was the first time the Celo mainnet had gone down in more than two years. 65 Total views 1 Total shares Proof-of-stake-based blockchain Celo has been suffering from an on-and-off network outage lasting 24 hours, though the blockchain appears to be up and running again now. Celo is an open-source blockchain that enables users with…
Digital asset funds see biggest weekly outflow since March
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.
Japanese firm Metaplanet to invest $58.76M in Bitcoin
Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility.
Venture capitalists bail on Zipmex bailout, company warns of consequences: Report
V Venture, a subsidiary of a Thai shipping company, missed a payment on its $100 million buyout of the troubled crypto exchange. 153 Total views 2 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Zipmex has reportedly not received the latest payment under its buyout agreement with venture capital…
Price Analysis 21/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
The global economy is on weak footing. This has led to rate cuts by several central banks across the world and many are planning to implement additional measures to support their respective economies. This has ballooned the balance sheets of the central banks and there appears to be no end in sight. Since mid-September, the…
BTC price faces 20% drop in weeks if Bitcoin avoids key level — Analyst
Bitcoin (BTC) stayed rigid below $17,000 at the Dec. 19 Wall Street open as skeptical traders feared more downside.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC traders call time on upside potentialData from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering around the $16,700 mark, practically unmoved over the weekend.The pair saw only fractional volatility at…