US gov’t points to Gary Wang’s ’outstanding cooperation’ in FTX case
Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served.
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Francis Suarez, Miami’s pro-crypto mayor, to appear on Blockchain & Booze tonight
As Miami becomes the hottest spot in America for crypto, Mayor Suarez wants to know: "How can I help?" But will he actually be swigging Miami Vice cocktails? 6183 Total views 13 Total shares Francis Xavier Suarez, the mayor of Miami and a firm Bitcoin proponent, will appear for a 30-minute fireside chat on Blockchain…
‘Alt-season’ abruptly ends as Bitcoin dominance rises near quarterly close
As the price of Bitcoin (BTC) soared above $11,000 on Sept. 16, the altcoin market suffered mightily. Some analysts believe that profits from the extended altcoin and decentralized finance (DeFi) rally may have cycled into BTC.After major bull cycles or the so-called “altseason”,the dominance index of Bitcoin tends to recover. When it does, it often…
43% of Bitcoin trading volume during US market hours: Arcane Research
“The U.S. trading hours dominate the bitcoin trading volume, even on weekends,” a report from Arcane Research illustrates. 1080 Total views 31 Total shares Uncle Sam dominates the Bitcoin (BTC) trading arena according to a report published by Arcane Research. Bitcoins’ 90-day correlation to the S&P 500 is currently at its highest since October 2020…
Bitcoin price volatility expected as 47% of BTC options expire next Friday
The open interest on Bitcoin (BTC) options is just 5% short of their all-time high, but nearly half of this amount will be terminated in the upcoming September expiry. Although the current $1.9 billion worth of options signal that the market is healthy, it’s still unusual to see such heavy concentration on short-term options.By itself, the…
3 reasons why Harmony (ONE) rallied back to its all-time high this week
Bitcoin price is still a ways from its $69,000 all-time high but this isn't stopping altcoins from moving toward new highs. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.13 on Dec. 4, the price of Harmony (ONE) has risen 163% to establish a new all-time high of $0.38 on…
Web3 social media protocol launches ‘layer 3’ to provide instant posts
The new layer relies on Bundlr, a decentralized storage platform built on Arweave, for mass storage of social media data. 149 Total views 4 Total shares Own this piece of history Collect this article as an NFTThe team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network…
‘Bitcoin Jesus’ says Ethereum is the front-runner for global crypto adoption
Roger Ver said that Ethereum, not Bitcoin, will lead the most new users to crypto. Early Bitcoin (BTC) investor and Bitcoin Cash (BCH) advocate Roger Ver claimed that Ethereum, not Bitcoin, will be responsible for driving the bulk of new users towards crypto. On a May 31 episode of the Show Me The Crypto podcast, Ver…
The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses
FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is more than just a moral victory for the exchange’s roughly 1 million individual investors. While not locked in yet, things appear to be on track for these investors to take a more favorable tax position as SBF’s…