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Day: December 28, 2022
Bitcoin Could See Another Bull Rally If This Happens
Bitcoin is still strangling at the $16,000 price level with no significant movement up or down. This is normal given the historically low rates of volatility that are being recorded in the market. However, there may be some good rallies in the near future for the digital asset, but it depends on what BTC whales do. Bitcoin Whales Not Interested A look at bitcoin whale transactions over the month of December shows that whale interest in the digital asset has been on the decline. This coincides with the low price…
FTX Co-Founder Faces ‘No-Nonsense’ Judge Next Week, Report Says SBF ‘Expected to Enter a Plea’ in Fraud Case – Bitcoin News
According to court documents, Sam Bankman-Fried (SBF) is set to be arraigned by the federal court in the Southern District of New York (SDNY) on Jan. 3, 2023. The disgraced FTX co-founder plans to enter a plea in his fraud case in front of U.S. judge Lewis Kaplan in Manhattan, according to a report published by Reuters. Report Claims FTX Co-Founder Sam Bankman-Fried ‘Expected to Enter a Plea Next Week,’ Criminal Defense Attorney Says Feds Have a Case With ‘Very Few Holes’ Just recently, the judge that was presiding over…
La BCE affossa Bitcoin
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3Commas CEO confirms API key leak following warning from CZ
Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform. I am reasonably sure there are wide spread API key leaks from 3Commas. If you have ever put an API key in 3Commas (from any exchange), please disable it immediately. Stay #SAFU. — CZ Binance (@cz_binance) December 28, 2022 The disclosure by CZ followed an incident on Dec. 9, when Binance cancelled the account of a user who…
Which celebrities joined and left crypto in 2022?
The crypto world is still developing at lightning speed. The adoption of projects built on blockchain technology has increased tremendously in 2022, and this is partly due to the celebrities who have contributed to it. Thanks to these well-known people, crypto-related projects have reached a large audience, through their social media accounts and the many news outlets that wrote about them. The developments in cryptocurrencies, nonfungible tokens (NFTs) and metaverse platforms have led to new ways people can make money and alternative methods to consume art and entertainment. They have…
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MicroStrategy Increases Its Bitcoin Holdings While Also Selling Off 704 Units
A close look at the regulatory filing shared by the firm showed that it offloaded a total of 704 Bitcoin units worth approximately $11.8 million. The most Bitcoin (BTC) bullish Wall Street company in the world, MicroStrategy Incorporated (NASDAQ: MSTR) has announced it has increased its Bitcoin holdings by exactly 2,395 units as of Tuesday, December 27. According to the regulatory filing published by the firm, the acquisition of the digital currency spanned from November 1 this year through December 21. The purchases were made via the company’s wholly-owned subsidiary,…
Shiba Inu Formed This Pattern, Breakout Incoming?
The Shiba Inu price has moved south on its chart over the last 24 hours. In the same time frame, SHIB depreciated by 3%. In the past week, the meme coin also did not register gains, losing a few support lines after losing close to 6% of its market value. SHIB has now formed a pattern that indicates that the coin might witness a breakout to the upside in the coming 24 hours. The technical outlook still displays bearish signs on the daily chart. Sellers have remained in control of…
Bankman-Fried may enter plea in NY federal court next week before Judge Lewis Kaplan
Former FTX CEO Sam Bankman-Fried is scheduled to appear in court on the afternoon of Jan. 3 to enter a plea on two counts of wire fraud and six counts of conspiracy against him in relation to the collapse of the FTX cryptocurrency exchange, Reuters reported Dec. 28 citing court records. Bankman-Fried will appear before District Judge Lewis Kaplan in Manhattan. Judge Kaplan was assigned to the case on Dec. 27 after the original judge on the case, Ronnie Abrams, recused herself due to connections between FTX and the Davis…