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Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened. The International Energy Agency (IEA), known as the world’s leading energy regulator, has recently warned that the global energy market is likely to remain volatile as the
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Chainalysis said that Hong Kong dominates in large institutional crypto transactions compared to other Asian regions. Its data shows that 46.8% of Hong Kong's annual crypto trades were institutional transactions exceeding $10 million, while retail trades under $10,000 accounted for just 4% of the City’s volume, marginally below the global
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While FTX customers remain optimistic about the future of cryptocurrency, their battle for compensation continues. As Sam Bankman-Fried (SBF), the former CEO of the defunct FTX exchange faces criminal charges, customers who lost significant sums in the debacle remain bullish on crypto. In a new CNBC documentary premiering later today, they
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During a court hearing held on Thursday, September 28, 2023, the Court ruled that the former CEO of now-bankrupt crypto exchange FTX
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Eric Balchuna claims that by the end of 2024, there is a 95% chance that a spot Bitcoin ETF will be approved, up from a 75% likelihood this year. The United States Securities and Exchange Commission (SEC) has once again postponed its decision on multiple proposals for spot Bitcoin exchange-traded funds
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Sam Bankman-Fried’s lawyers made a third attempt to secure his temporary release from prison, but a New York court denied their request just days before his trial begins in October. District Court Judge Lewis Kaplan ruled that Bankman-Fried must stay at the Brooklyn Metropolitan Detention Center (MDC) since his defense
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Most investors want to end the year on a high note. As such, they are actively exploring multiple projects, including Tradecurve Markets, a hybrid exchange. Amid this development, experts note that PancakeSwap (CAKE) and ApeCoin (APE) have lost their shine. PancakeSwap partners with Transac PancakeSwap, a decentralized exchange, has partnered with Transac to
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An appeals court rejected his attorneys’ attempt to free him in the run-up to the trial. Original Source
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Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours. Source
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Ethereum price extended its decline below the $1,550 support against the US Dollar. ETH is recovering losses, but upsides might be capped
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