Saturday, May 4, 2024
Home > Turns (Page 3)

Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red

Ether, the second largest crypto by market capitalization was changing hands at $1,843, off 1.3%. Other major cryptos, which spent much of Wednesday in the red, moved more deeply into negative territory. And Litecoin (LTC) recently plunged more than 5%, despite the token's anticipated halving event, which cut miners rewards

Read More

Robinhood turns profitable in Q2, but crypto revenue declines

Robinhood released its second-quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the second quarter of 2023. According to its quarterly report released on Aug. 2, Robinhood’s revenue from cryptocurrency transactions shrank by 18% to $31 million. Other transaction-based revenues dropped

Read More

Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed

Lawyers representing former FTX CEO Sam Bankman-Fried, also known as ‘SBF’, have requested the court seal documents related to his interviews with a New York Times reporter revealing details about his relationship with Caroline Ellison. In a July 27 filing in United States District Court for the Southern District of New

Read More

Cardano price turns bullish, but is there substance to the ADA rally?

Cardano experienced a remarkable price surge of 23.9% on July 13, leaving investors curious about the potential for further gains. This significant rally comes on the heels of a favorable judicial decision regarding XRP (XRP), leading many to question if Cardano (ADA) has what it takes to break above the $0.40 mark.Cardano

Read More

Binance CEO reflects as exchange turns 6 — ‘It was never all smooth sailing’

Binance CEO Changpeng Zhao wrote a letter addressing the exchange’s users, reflecting on past crypto winters and laying out key trends shaping up within the industry as the company celebrates its sixth anniversary. Within the letter, Zhao highlighted some of the company’s challenges throughout its journey. The executive said that in

Read More

BTC price abruptly dips below $30K as Bitcoin daily candle turns sour

Bitcoin (BTC) continued snap volatility after the July 6 Wall Street open as yearly highs gave way to a comedown.BTC/USD 1-hour chart. Source: TradingViewBitcoin suddenly falls to new July lowsData from Cointelegraph Markets Pro and TradingView followed BTC price action as it seesawed around the $30,000 mark.Bitcoin had surged to

Read More

Lazarus group turns to Garantex to launder stolen assets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Lazarus Group, known for its cybercriminal activities, has shifted its focus to Garantex, an OFAC-sanctioned exchange, to trade stolen assets for bitcoin (BTC).  This move comes despite significant efforts from various stakeholders, including on-chain monitor Elliptic,

Read More