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“This is why bitcoin’s potential significant upside risk has a short expiration date: it could print another leg up in the next couple of days and then enter a correction phase, or it could stay at the current level until next week’s FOMC and then start to pull back,” continued
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Changpeng Zhao's wealth dropped to $17.2 billion from a previous estimate of $29.1 billion. Source
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Cryptocurrency exchange Kraken will share selected user information with the IRS starting from the next month. According to The Block, the decision comes after it was ordered by a court order received in June. “Kraken expects to share this information covered by the court’s order in early November 2023.” The Block The IRS and
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"Friedberg, the chief regulatory officer of FTX International, in combination with Fenwick & West, one of our outside law firms, was – were the ones who drafted the incorporation documents, had incorporated and also corresponded with banks about opening up bank accounts for it," Bankman-Fried said about North Dimension on
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Moonveil Entertainment, a web3 gaming studio, has unveiled a $5.4 million seed investment round, co-headed by Gumi Cryptos Capital and Arcane Group. The investment was spearheaded by Gumi Cryptos Capital and Arcane Group, with additional contributions from Longhash, IOSG, and Infinity Ventures Crypto. Established in the final quarter of 2022, Moonveil has
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Cunliffe said there had been general support for the CBDC's overall model, but that the central bank will refine estimates of take-up and holding limits. It previously proposed that individuals wouldn't be able to hold more than 10,000 ($12,000) to 20,000 pounds of the CBDC, at least during an introductory
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Sam Bankman-Fried began his testimony like the brilliant former golden boy from crypto’s better days. He ended the longest, strangest, most torturous day yet of his criminal trial more imperiled than ever before. Source
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"October has seen major developments in the digital asset space," CCData said in a report shared with CryptoX. "To start, six ETH Futures ETFs commenced trading on the 2nd, giving investors exposure to ETH futures. Shortly after, Bitcoin's price surged by 7.56% in less than an hour to a peak
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Ireland is emerging as an attractive destination for crypto firms; Coinbase designated the country as its EU hub earlier this month. Source
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This article examines three emerging crypto trends. Tron (TRX) and Dogecoin (DOGE) have been on an uptrend. Meanwhile, Everlodge (ELDG), a new web3 project, has been attracting investors. Tron’s uptrend continues Tron has been performing well despite the current bear market. According to a recent report, the network processed over 6.5 billion transactions.
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