• FTX lawyers are seeking answers from Sam Bankman-Fried’s family regarding their wealth and personal fortunes. • FTX is attempting to recover as much as possible from the missing billions owed to creditors and customers. • FTX has asked a judge to question Sam Bankman-Fried’s closest relations and company executives under oath. The FTX exchange […]
• Bitcoin surged past $23K on Tuesday, sparking concerns over its sustainability. • Bankless report suggests that “there are reasons to believe that this rally could have legs”. • The reasons pointed out in the report include increased institutional adoption, a decline in Bitcoin’s supply, and BTC’s correlation with the equity market. The Bitcoin rally […]
• Ripple (XRP) is aiming for higher price levels, with the momentum of the current uptrend looking promising. • The price must first surpass the crucial resistance level of $0.43 before further gains can be expected. • A breakout from the 200-day moving average is considered a substantial bullish sign in terms of price action […]
• Bitcoin has gone up by nearly 30% since Peter Schiff and Jim Cramer warned people to get out of crypto. • Peter Schiff expected the bitcoin spike at the start of the year to cease shortly after it began and advised investors to sell their holdings. • Jim Cramer urged people to cash out […]
• Chainalysis has found that ransomware earnings have significantly dropped in 2022. • The report shows that over 10,000 unique strains of ransomware were active in the first half of the year. • Victims are becoming less willing to pay the attackers, suggesting that the true totals of ransomware attacks could be much higher. In […]
• Bitcoin price is currently holding steady at $21K despite an overbought RSI and another crypto bankruptcy. • There are however some bullish indicators forming, such as a solid MA crossover in new Bitcoin addresses. • Other bullish indicators include a declining BTC sell pressure, strong buying inflows, and a rally in Bitcoin options volume. […]
• Bybit Founder Ben Zhao addressed concerns on Twitter about the company’s exposure to the now-bankrupt crypto lender Genesis Global Capital. • According to court filings, Genesis owes its top 50 creditors $3.4 billion, including Bybit’s investment unit Mirana, who are owed approximately $151 million. • Zhao clarified that the reported $151 million has around […]
• John Ray, the acting Chief Executive Officer of FTX, said that restarting the international exchange might be an option for creditors to receive more compensation. • FTX filed for Bankruptcy in November 2022, using Chapter 11. • John J. Ray III said that restarting the exchange is on the table, and he will explore […]
• WonderFi Technologies and Coinsquare are reportedly in advanced merger talks in order to create the largest cryptocurrency exchange in Canada. • The goal of the collaboration would be to provide access to decentralized finance (DeFi) and allow the exchange to have over 1 million clients. • Neither WonderFi nor Coinsquare have made any comments […]
Der Handel mit Bitcoin hat in den letzten Jahren eine beispiellose Popularität erfahren. Dieser Trend ist auch auf die Einführung des Bitcoin Exchange Traded Funds (ETF) zurückzuführen. Bitcoin ETFs ermöglichen Anlegern, in Bitcoin zu investieren, ohne dass sie physisch Bitcoin besitzen müssen. Aufgrund dessen haben Bitcoin ETFs in den letzten Jahren an Popularität gewonnen. Allerdings […]