New data reveals deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of digital assets, including Bitcoin (BTC) and Ethereum (ETH). According to data from whale-tracking platform Whale Alert, $511 million worth of the top crypto asset by market cap just moved to the top US-based digital asset exchange Coinbase or an …
Monthly archives: October 2023
Here’s What’s Next for Bitcoin If Past Patterns Are Prologue, According to Rekt Capital
A widely followed crypto analyst is breaking down Bitcoin (BTC) by looking at its historical patterns. Pseudonymous crypto trader Rekt Capital tells his 359,500 followers on the social media platform X that if BTC repeats the pattern it displayed in 2019, it’s going to fall further before rebounding. “BTC… If history repeats…Green circle first. Then blue …
Upcoming Bitcoin Halving Unlikely To Be Bullish Catalyst, Says Crypto Analyst Nicholas Merten – Here’s Why
Crypto analyst Nicholas Merten believes Bitcoin’s (BTC) next halving will not ignite the renewed bull market that many traders and analysts expect. In a new video update, Merten tells his 512,000 YouTube subscribers that unlike many other analysts, he does not believe the BTC halving event in 2024 will spark a huge rally as past …
Mastercard and Reserve Bank of Australia Test CBDC on Ethereum Utilizing ‘Authorized Parties’
Payments processing giant Mastercard and the Reserve Bank of Australia (RBA) have successfully tested the interoperability of a central bank digital asset (CBDC) and the ability to restrict the use of that currency to “authorized parties.” Mastercard’s solution enabled the holder of a pilot CBDC to purchase a non-fungible token (NFT) listed on Ethereum (ETH), …
Coinbase Says New US Tax Proposals Threaten Crypto Industry
Coinbase said new tax proposals by the Internal Revenue Service (IRS) may endanger the US crypto industry and impose ”unprecedented, unchecked, and unlimited tracking on […] Go to Source
Terraform Labs Sues Citadel Securities, Says “Concerted Intentional Effort” Caused UST To Depeg
Do Kwon’s Terraform Labs is again suggesting that Citadel Securities played a pivotal role in the crash of its TerraUSD (UST) stablecoin in May 2022. […] Go to Source
US Regulators Sue Voyager Digital, One Says It Was ”A House Of Cards”
Two US regulators filed lawsuits against Voyager Digital founder Stephen Ehrlich accusing him of misleading customers about their assets and taking ”excessive risks” that brought […] Go to Source
Secret Recording Reveals Caroline Ellison Telling Alameda Employees: FTX “Always Allowed Alameda to Borrow Users’ Funds”
A secret recording from an internal meeting reveals former Alameda Research CEO Caroline Ellison telling employees that FTX had always allowed it to borrow user […] Go to Source
US Regulatory Agencies Launch Parallel Lawsuits Against Co-Founder of Bankrupt Crypto Lender Voyager
The Federal Trade Commission (FTC) and Commodity Futures Trading Commission (CFTC) have filed charges against the former CEO of Voyager, Stephen Ehrlich. In a statement, the FTC says it filed a suit against Ehrlich for falsely claiming that Voyager accounts were insured by the Federal Deposit Insurance Corporation (FDIC) and that customer assets were safe …
Sam Bankman-Fried’s legal team moves to pursue theory on FTX terms of service
Lawyers petitioned the court to allow them to question witnesses for the prosecution based on FTX’s terms of service, as well as preclude testimony from “lay fact witnesses”. News Join us on social networks Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried are seeking to bring up certain information from the crypto exchange’s terms of service …
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Paradigm backs Binance in move to dismiss SEC charges
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Next cycle’s hypothetical $36k Bitcoin floor, exploring historical data to project future benchmarks
Quick Take Bitcoin’s valuation, often viewed as speculative, can be dissected more accurately through the lens of the ‘realized price‘ metric. This measure, reflecting the average cost at which all current Bitcoin holders purchased their coins, negates the impacts of volatility, thus offering a more realistic view of Bitcoin’s value over time. Historical data reveals …
Grayscale’s GBTC: Understanding its premium and market impact
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Paolo Ardoino to take over as Tether CEO in December
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US tightens grip on AI chip export to China amid escalating tech battle
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