Monthly archives: October 2023

The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a crypto and decentralized finance (DeFi) tracking system. In a new publication, the BIS unveils Project Atlas, a data-gathering platform created in conjunction with the Deutsche Bundesbank and De Nederlandsche Bank that aims to “shed light on the macroeconomic relevance …

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Crypto trader Nicholas Merten is detailing a key target that Bitcoin (BTC) must reach in order to confirm a bull market. Merten tells his 512,000 YouTube subscribers that Bitcoin is likely to undergo a steep correction if it fails to break above the range it has been trading in for about six months now. “If …

Continue reading “Bitcoin To ‘Roll Back Down’ if BTC Fails To Break Through This Critical Resistance Zone, Says Nicholas Merten”

BitMEX founder Arthur Hayes believes Bitcoin’s (BTC) bull market will reignite after one event plays out. Hayes tells his 395,700 followers on the social media platform X that the Federal Reserve will likely start printing money again, which will send Bitcoin soaring. One signal that the Fed will need to pivot and prop up the …

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Bankrupt digital asset lender Celsius Network intends to start repaying creditors using billions of dollars in crypto assets before the end of the year. In a recent US bankruptcy court filing, Celsius has presented a restructuring plan that will generate funds for a new corporate spinoff, dubbed “NewCo,” and repay customers. Says the filing, “Notably, …

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New documents reveal prosecutors in Sam Bankman-Fried’s fraud trial are opposing his bid to use arguments about the US regulatory framework to combat his charges. In a new court filing, the government says the former FTX chief executive should not be able to argue that he’s innocent because FTX was “not regulated in the United …

Continue reading “Prosecutors Oppose Sam Bankman-Fried’s Bid To Use US Regulatory Framework To Fight Charges As Trial Enters Day 2”

London-based cocoa broker Marc-Antoine Julliard responded to questions from prosecutors on crypto he held on FTX in November 2022. News Join us on social networks The prosecuting attorneys in the criminal case against former FTX CEO Sam Bankman-Fried, also known as SBF, have started to call witnesses. According to an Oct. 4 X (formerly Twitter) …

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The former FTX CEO faces seven counts of conspiracy and fraud. A New York court will decide his fate. News Join us on social networks Cointelegraph reporters are on the ground in New York for the trial of former FTX CEO Sam “SBF” Bankman-Fried. As the saga unfolds, check below for the latest updates. Oct. …

Continue reading “Latest update — Former FTX CEO Sam Bankman-Fried trial [Day 2]”

Google announced that its browser-based AI program, Bard, will be used by Google Assistant devices soon. News Join us on social networks Google Assistant will begin incorporating Google’s artificial intelligence (AI) chat service, Bard, into its responses “soon,” according to an October 4 social media post from the development team. Coming soon: #AssistantWithBard We can’t …

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