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   Business News    Financial News   Financial News

  Posted by u/ one year ago

Gary Gensler teases details of SEC's $5 billion take from enforcement actions, shades crypto

Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors.

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  Posted by u/ one year ago

Bitmain to start shipping new Bitcoin Antminer T21 in January 2024

Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH.

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  Posted by u/ one year ago

Bitcoin traders earmark key BTC price levels as $34K struggles to hold

BTC price is seeking retests of lower levels after Bitcoin bulls fail to push beyond recent 17-month highs.

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  Posted by u/ one year ago

Is Bitcoin overheated? Some believe the answer is hiding in PEPE

Some crypto market observers believe a rush into memecoin token PEPE could herald an impending Bitcoin dump, but not everyone is convinced.

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  Posted by u/ one year ago

Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey

The new all-time highs come despite Bitcoin still being down over 50% against its price peak of $69,000 against the U.S. dollar.

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  Posted by u/ one year ago

Grayscale Bitcoin Trust Outshines Nvidia With 220% Gain This Year

"GBTC is the gift that keeps giving," one observer said.

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  Posted by u/ one year ago

Dogecoin, Shiba Inu Jump 9% as Crypto Traders Take Riskier Bets

The two popular meme coins have mostly underperformed crypto majors in the past week.

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  Posted by u/ one year ago

Memeland, a Web3 Project Built by 9GAG's Team, Secures $10M Minutes After Going Live

The Web3 venture lab is built by team members who previously worked on 9GAG, an immensely popular meme site.

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  Posted by u/ one year ago

FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges

The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.

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  Posted by u/ one year ago

Deutsche Bank and Standard Chartered Ventures Test SWIFT Killer for Stablecoins and CBDCs

The UDPN currently comprises about 25 organizations, including banks from the U.S, Australia, Latin America and Europe, running around ten proof-of-concept tests in parallel.

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  Posted by u/ one year ago

Bitcoin to Score 'Golden Cross' After 30% Price Surge in 2 Weeks

The bullish pattern comes months ahead of bitcoin's fourth mining reward halving.

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  Posted by u/ one year ago

Bitcoin?s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says

There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.

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  Posted by u/ one year ago

Sam Bankman-Fried Testifies: What Will He Reveal Under Oath About FTX's Collapse?

Sam Bankman-Fried has said a lot in the months after FTX collapsed about what happened. What's left for him to discuss?

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  Posted by u/ one year ago

JPMorgan Handles $1B Transactions Daily In Digital Token JPM Coin: Bloomberg

JPMorgan has plans to widen the coin's usage the bank's head of payments Takis Georgakopoulos said in an interview.

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  Posted by u/ one year ago

HayCoin Price Climbs to $5.5M Per Token as Long-Term Holder Destroys 51 HAY

The first-ever token floated on Uniswap was revived by a bunch of developers and is quickly gaining a loyal community.

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  Posted by u/ one year ago

UK Bill for Seizing Illicit Crypto Finally Becomes Law

The bill lets law enforcement freeze crypto without a conviction, promising faster and more substantial seizures.

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  Posted by u/ one year ago

First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 25, 2023. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ one year ago

Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network

Gains Network, initially released on Polygon and later on Arbitrum, allows users to trade financial derivatives of cryptocurrencies, foreign exchange and commodities by matching buy-sell orders using smart contracts.

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  Posted by u/ one year ago

Protocol Village: Neo to Develop EVM-Compatible Sidechain

The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.

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  Posted by u/ one year ago

Sam Bankman-Fried's Jurors Were Sent Home for the Day, but His Debut on the Stand Was Significant Anyway

Prosecutors rested their case on Thursday, so SBF's defense lawyers are calling witnesses now.

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  Posted by u/ one year ago

Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued

After Hamas' deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited.

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  Posted by u/ one year ago

Pepecoin Doubles to $500M Market Cap as Memecoin Fever Steals Bitcoin's ETF Thunder

The price of pepe [PEPE], one of the many memecoins that spawned out of crypto winter, has doubled in a week as traders anticipate the etchings of a bitcoin [BTC] spot ETF-induced bull market.

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  Posted by u/ one year ago

Crypto for Advisors: ETH Futures ETFs and What?s Next

Today in Crypto for Advisors Roxanna Islam from VettaFi discusses the current crypto ETF market with a focus on Eth futures performance.

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  Posted by u/ one year ago

U.S. Senate's Banking Chairman Says Panel to 'Crack Down' on Crypto's Terrorism Ties

U.S. Sen. Sherrod Brown (D-Ohio) has said the Senate Banking Committee will "crack down on the use of crypto to fund terrorism and evade sanctions" at a time when the U.S. must stand with both Ukraine and Israel as they fight back against Russian President Vladimir Putin and Iranian-backed terrorists like Hamas.

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  Posted by u/ one year ago

Bitcoin Primed for 'Supply Shock' as Exchange Balance Drops to 5-Year Low, Analyst Says

A spot ETF approval could fundamentally alter bitcoin's supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com's Matt Weller told CoinDesk TV.

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  Posted by u/ one year ago

U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas

U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to "expeditiously conclude" investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas.

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  Posted by u/ one year ago

The Hamas Funding Story Is Why Crypto Is Sick of the Mainstream Media

Erroneous reports of crypto funding Hamas are yet to be corrected by the WSJ. No wonder people in the Web3 distrust the role of reporters in establishing truth in the world.

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  Posted by u/ one year ago

What Happens to GBTC Discount When FTX Sells its Holdings?

It?s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.

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  Posted by u/ one year ago

Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges.

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  Posted by u/ one year ago

FTX Moves Millions Worth of LINK, MATIC, AGLD to Coinbase as Sam Bankman-Fried Testifies

The latest transactions followed $19 millions worth of crypto moved from FTX cold wallets to exchanges.

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  Posted by u/ one year ago

Arbitrum Foundation Says 'Orbit' for Layer-3 Networks Now Ready for Mainnet

Orbit is a program for developers to spin up their own layer-3 blockchains atop Arbitrum, which in turn is the largest layer-2 network atop the Ethereum blockchain.

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  Posted by u/ one year ago

Bitcoin Cools Off at $34K, But '5th Bull Market' Has Further to Run, Says Analyst

tktk

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  Posted by u/ one year ago

Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype

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  Posted by u/ one year ago

Bitcoin ETF Approval Could Trigger Sell-the-News Event

With the potential of the Bitcoin ETF approval of the first US, the crypto market has surged. The critical question is whether this approval could trigger a sell-the-news event as investors take profits.

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  Posted by u/ one year ago

Top 9 Free Crypto Airdrop Sites Used By Elite Hunters

Discover the top crypto airdrop sites featuring trustworthy platforms like CoinMarketCap, DappRadar, and Airdrops.io. Get verified and legitimate airdrops, curated lists, and comprehensive information on the latest tokens and rewards.

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  Posted by u/ one year ago

SEC Chair Gary Gensler Confirms SEC Now Has 8-10 Filings on Bitcoin ETFs

The SEC is currently reviewing eight to ten applications for potential exchange-traded products linked to Bitcoin, according to SEC Chair Gary Gensler.

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  Posted by u/ one year ago

12 Spot Bitcoin ETF Applications Are Now Under Review By SEC, Gensler Was Wrong

11 spot Bitcoin ETF applications currently under review by the SEC. If the applications for GBTC conversion ETFs are included, the total number rises to 12.

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  Posted by u/ one year ago

Binance And Tether Now Face Legal Scrutiny In The US

US authorities are investigating Binance and Tether for potential links to terrorism financing through sanctions violations.

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  Posted by u/ one year ago

Bankman-Fried Testimony Unveils Intriguing Legal

Bankman-Fried testimony sought the judge's approval to discuss the role of FTX lawyers in the lead-up to the crypto-exchange's collapse and the alleged mishandling of customer funds.

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  Posted by u/ one year ago

Binance CEO Wealth Dips Amidst Regulatory Challenges

According to Bloomberg Billionaires Index, this adjustment had a substantial impact on Binance CEO wealth, reducing it to $17.2 billion after a $11.9 billion drop.

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  Posted by u/ one year ago

Sam Bankman-Fried Uncertain Over FTX Customer Funds? Mysterious Transfer

Key Points: Sam Bankman-Fried finds himself embroiled in a high-stakes legal battle, facing a daunting list of charges including seven counts of wire fraud and conspiracy FTX customer funds. His visionary creation,FTX customer funds, touted as a beacon of innovation in the crypto world, has been marred by a troubling series of allegations that have […]

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  Posted by u/ one year ago

Aptos Singapore Hackathon Winners: Unveils 14 Victorious Projects!

Key Points: Singapore hosted the latest leg of the Aptos Singapore Hackathon winners World Tour from September 11-13, reaffirming the dedication of builders in the APAC region. Building on the success of their Seoul hackathon in February, the global Aptos community responded enthusiastically with over 800 applicants eager to participate. After meticulous selection, 224 hackers […]

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  Posted by u/ one year ago

$3 Billion Worth Of Bitcoin Options To Expire On October 27th

$3 Billion Worth Of Bitcoin Options are about to expire. Put Call Ratio at 0.88, max pain point $29k. BTC reached $36k, increased volatility. Selling activity from a large whale may impact market trend. 880k ETH options also expiring.

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  Posted by u/ one year ago

Crypto Recovery Firm Offers to Unlock Former Ripple CTO?s $244 Million Bitcoin Fortune

Crypto recovery firm Unciphered has extended an offer to former Ripple chief technology officer (CTO) Stefan Thomas to unlock a hard drive containing over 7,000 Bitcoin ( BTC) that he has been unable to access for years.

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  Posted by u/ one year ago

SBF Will Testify At His Trial, Planned Testimony Leaked

As the trial draws to a close, SBF?s testimony may be his only chance at a favourable ruling.

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  Posted by u/ one year ago

Former FTX CEO Sam Bankman-Fried to Give Testimony in Court Today: What Will He Say?

Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, is set to testify in court today.

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  Posted by u/ one year ago

Here?s When Bitfinex Securities Will List the First Tokenized Bond ? ALT2611

Tether CEO Paolo Ardoino confirms USDT denomination for ALT2611 on Bitfinex Securities.

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  Posted by u/ one year ago

Binance Labs Investment in SocialFi CyberConnect Propels Token Over 30%

Web3 social platform, CyberConnect, records a soaring 31.2% growth in the last 24 hours after Binance Labs announced an investment into the firm.

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  Posted by u/ one year ago

Sam Bankman-Fried?s Trial: Can He Outwit Prosecutors? Scaramucci Weighs In

Anthony Scaramucci has expressed regret over introducing SBF to world leaders.

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  Posted by u/ one year ago

Japanese Financial Giant SBI Predicts XRP Price to Hit $0.62

SBI Group?s digital asset subsidiary highlighted the recent developments surrounding the Ripple vs US SEC battle, predicting XRP?s price considering recent developments.

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