Wednesday, December 18, 2024
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Sam Bankman-Fried Retakes Stand After Rough Cross-Ex in FTX Fraud Trial

The failed cryptocurrency exchange's founder has so far tried to present an alternative explanation of how one of the world's better-known trading platforms collapsed, suggesting it grew too quickly and without sufficient oversight or risk planning. However, prosecutors – led by Assistant U.S. Attorney Danielle Sassoon – have quickly sought

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Bitcoin bears ‘in control but exhausted’ as BTC price retakes $29K

Bitcoin (BTC) recovered above $29,000 into Aug. 8 as one trader eyed a potential breakout already underway.BTC/USD 1-hour chart. Source: TradingViewBTC price teases falling wedge breakout Data from Cointelegraph Markets Pro and TradingView followed a modest BTC price rebound after it set local lows of $28,670.Still in a tight range, Bitcoin

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BTC Retakes $30K, Asian Stocks Drop to 5-Week Low Ahead of U.S. Nonfarm Payrolls (NFP) Report

The leading cryptocurrency by market value rose almost 1% to touch $30,300, reversing some of Thursday's slide. The MSCI's broadest index of Asia-Pacific shares, excluding Japan, extended the prior session's weakness to drop to a five-week low, while U.S. stocks registered notable losses after a blowout ADP private-sector employment report

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