Month: January 2023

Ethereum Price Climbs Above $1,300, Is This A Clear Bullish Signal

Ethereum climbed higher and surpassed the $1,300 resistance zone against the US Dollar. ETH is consolidating gains and might aim more upsides towards the $1,400 resistance. Ethereum was able to gain pace for a move above the $1,275 and $1,280 resistance levels. The price is now trading above $1,280 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise further if it stays above the $1,270 support…

FTX spent $40M on food, flights, and hotels in just 9 months: Court filings

boss

FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed.  In bankruptcy court documents reviewed by Business Insider, FTX Digital Markets went through $40 million between January to September 2022, just two months before the company filed for bankruptcy citing liquidity issues. More than $15 million went on luxury hotels and accommodation, with $5.8 million of that at one resort — the Albany Hotel. This luxury resort is where Sam Bankman-Fried lived in…

Mastercard Taps Polygon to Empower Emerging Artists in Web3 Tech – Blockchain Bitcoin News

boss

Mastercard, the payments giant, has partnered with Polygon, an Ethereum scaling platform, to introduce emerging artists into Web3 technology. Mastercard’s artist accelerator, as the program is called, will teach five different emerging artists, including singers, musicians, DJs, and producers, to use blockchain tools to grow their brand and fan engagement. Mastercard Partners With Polygon to Teach Web3 Traditional finance companies are now seeking to harness the power of blockchain for a myriad of activities in different fields. Mastercard, one of the biggest payments companies, has partnered with Polygon, an Ethereum…

Quant (QNT) Records Biggest Whale Transactions In 16 Months

boss

According to a report by Santiment, Quant (QNT) has just recorded its largest amount of whale transactions in 16 months. The on-chain analytics platform noted that 187 QNT transactions were executed today, culminating in a value of over $100,000, the highest the Quant Network has recorded since September 2021. Quant Whale Activity Soaring Source: Santiment Just over a week ago, Santiment had also reported some level of whale activity on the Quant Network that caused the QNT token to boost in value by 10%. However, unlike then, the massive increase…

POWERING DOWN my Home CRYPTO MINING FARM

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The Crypto Bear Market has caught up with me, after my last Electric Bill was $1000 and the fact my Electric Supplier kicked me off … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Bitcoin Price Breaks Key Barrier And Aims Fresh Rally To $18K

Bitcoin price gained pace and cleared the $17,000 resistance. BTC is showing positive signs and might rise towards the $18,000 resistance. Bitcoin started a fresh increase above the $16,800 and $17,000 resistance levels. The price is trading above $16,800 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $16,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further towards the next hurdle near the $18,000 resistance. Bitcoin Price Gains Momentum Bitcoin price formed…

Man Pleads Guilty to Stealing Bitcoin ‘Seized’ by US Government – Featured Bitcoin News

An Ohio man has pleaded guilty to stealing over 712 bitcoin that was “seized” by the U.S. government in another criminal case. He has agreed to forfeit some bitcoin, ether, and dogecoin as part of his plea. “Due to the increase in market prices, the total value of these forfeitable properties exceeds $12 million,” said the U.S. Department of Justice (DOJ). US Man Steals Brother’s ‘Seized’ Bitcoin The U.S. Department of Justice (DOJ) announced Friday that a 31-year-old Ohio man, Gary James Harmon, has pleaded guilty to “unlawfully stealing” bitcoin…

The FTX Collapse, Explained | What Went Wrong | WSJ

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Former CEO Sam Bankman-Fried was hailed as a savior of crypto before FTX’s implosion. Cryptocurrency exchange FTX was seen as a survivor in a struggling industry, but over the course of six days the exchange collapsed due to a sudden liquidity crunch. WSJ explains the factors that drove FTX’s growth and what led to its downfall. Illustration: Alexandra Larkin News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day’s biggest stories…

Logan Paul backflips on defamation lawsuit against Coffeezilla, apologizes

boss

YouTuber Logan Paul has deleted a video in which he threatened to sue internet detective Stephen “Coffeezilla” Findeisen over a three-part series that painted Paul’s CryptoZoo project as a “scam.” According to Coffezilla in a Jan. 6 Twitter post, Paul has promised to drop his threats of filing a defamation lawsuit over the videos.  Logan called me. He said he’s deleting the two responses, and is dropping the lawsuit threats. I believe he’s making a 3rd response, which I’ll be delaying my video to include. Hopefully this time he takes accountability…