Friday, April 18, 2025
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Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?

For a long time, Solana (SOL) has been associated with the founder of now insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021 bull mania.So when FTX collapsed toward

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Toughen up. Mt. Gox’s ex-CEO only had a ‘little calculator’ to prepare for trial

Mark Karpelès, the former CEO of the collapsed exchange Mt. Gox, seems to have little in the way of sympathy for former FTX CEO Sam Bankman-Fried, who’s been trying to get released from prison to prepare for his upcoming trial, citing poor internet. “When I was arrested back in 2015, the

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Indian banks asked ‘to prepare for the future’ with AI and blockchain

A top federal official representing India's central bank, the Reserve Bank of India (RBI), recommended all banks adopt artificial intelligence (AI) and blockchain technology to ensure sustainable growth and stability.In an RBI-organized conference for the directors of Indian banks, deputy governor Mahesh Kumar Jain discussed risk strategies around sustainable growth

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Governor Ron DeSantis Bans Digital Dollar in Florida, Other States Prepare to Emulate Decision

The decision of Governor DeSantis to ban CBDCs in Florida has drawn criticism from some legal experts. Ron DeSantis, Governor of Florida recently signed a bill prohibiting the use of central bank-issued digital currencies (CBDCs) in the state. And now, his move may have set a precedent for other states to

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This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakout

Bitcoin’s price (BTC) broke below its 55-day resistance at $27,000 on May 12, down 12.3% in 30 days. But, more importantly, it decoupled from the S&P 500 index, which is basically flat from 30 days ago, and 15% below its all-time high.Bitcoin price in USD (right) vs. S&P 500 futures

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Do Kwon’s lawyers propose $436K bail as authorities prepare for June trial

Authorities in Montenegro are moving forward with charges against Do Kwon and his former aide Han Chang-joon as lawyers for the Terra co-founder requested conditions for bail.According to a May 11 notice from Montenegro’s court system, lawyers representing Kwon and Chang-joon proposed they be confined to home arrest after providing

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Speakers prepare to tell US House Financial Services Committee about stablecoins

The United States House of Representatives Committee on Financial Services will hold a hearing on stablecoin regulation on April 19. The hearing follows the announcement of a new draft bill in the House to provide a framework for stablecoins regulation. Some of the speakers invited have released advance transcripts of

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