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Long Bitcoin, short shares of MicroStrategy Inc. That’s the pair trade Kerrisdale Capital Management LLC says it has put on as the sizzling run-up in the stock, long considered a Bitcoin proxy, has far outpaced the surge in the digital asset. ...
Call of Duty players seeking out third-party “cheat” software to manipulate the popular first-person shooter game were among the victims of a targeted phishing attack, cybersecurity firm VX Underground said on Wednesday. The attack also targeted ...
Bitcoin has been struck around resistance at the 78.6% Fibonacci retracement for the past four days as it attempts to break higher and further its advance. The high from the rally off the recent retracement low is 71,790. Trading has remained above ...
On March 13, the Dencun hard fork activated, enabling one of the long-awaited features of Ethereum: proto-danksharding (aka EIP-4844, aka blobs). Initially, the fork reduced the transaction fees of rollups by a factor of over 100, as blobs were ...
Bitcoin’s recent fall does not seem to have dented the demand for the spot Bitcoin exchange-traded funds. After five days of successive net outflows last week, demand bounced back sharply with $418 million in net inflows into the ETFs on March 26 ...
While the spotlight often falls on Asia and North America when discussing cryptocurrency adoption, Western Europe has been making significant strides in embracing digital assets. In a recent report, Bitget Research has shed light on European ...
Dogecoin is looking set for another bull run on Thursday following recent developments related to the meme coin. With increasing transaction volume and user base, the April 1 launch of a DOGE futures product on Coinbase may see it soaring to new ...
Bitcoin finally broke its previous all-time high record and has been on an incredible run this year. It is up over 50% in the past two months, and more than $6 billion has entered the crypto market since spot bitcoin ETFs began trading earlier this ...
post: *BANKMAN-FRIED IS SENTENCED TO 25 YEARS IN PRISON post: Judge Kaplan: It is the judgment of the court that you are sentenced to 240 months then consecutive 60 [etc] for a total of 300 months [25 years] post: BANKMAN-FRIED ORDERED TO FORFEIT MORE THAN $11 BILLIONSam Bankman-Fried: Disgraced 'crypto king' jailed for 25 years after stealing billions of dollars from FTX customers Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions of dollars from his customers. He was the chief executive of FTX, which suddenly went bankrupt in November 2022 - leaving millions of users frozen out of their accounts and unable to make withdrawals. The 32-year-old could have faced up to 100 years behind bars - but last month, his lawyers argued such a sentence would have been "barbaric" and a five-year term would be more appropriate. Prosecutors had asked the judge to jail Bankman-Fried for 40 to 50 years, arguing the public need protecting from the fraudster and a harsh punishment would deter other criminals. Secret back doors had been established that allowed SBF's other company, Alameda Research, to access money belonging to FTX customers and make risky bets without their knowledge.
Logan Paul says the coverage of his failed CryptoZoo project led to the darkest period of his life ... revealing he at one point contemplated taking his own life amid the backlash. The YouTuber, boxer and WWE Superstar opened up on his mental ...
For House Financial Services Chair Patrick McHenry’s crypto bills, there is yet another bump in the road: House conservatives floating a vote on a central bank digital currency alongside other digital asset legislation. The issue picked up momentum ...
Dogecoin (DOGE) price rallied above 20 cents for the first time in more than two years, thus indicating strong conviction from investors on dog-themed meme coins. Elon Musk-backed meme coin, Dogecoin (DOGE), has recorded increased on-chain and ...
The US and UK are reviewing more than $20 billion of cryptocurrency transactions that passed through a Russia-based virtual exchange, according to people familiar with the matter, as part of allied efforts to crack down on the sanctions evasion ...
We are long bitcoin and short shares of MicroStrategy, a proxy for bitcoin which trades at an unjustifiable premium to the digital asset that drives its value. Shares of MicroStrategy have soared amid a recent rise in the price of bitcoin but, as is ...
post: ? *US, UK PROBE $20 BILLION OF CRYPTO TRANSFERS TO RUSSIA EXCHANGE post: — the more than $20 billion of transactions went through a sanctioned Moscow-based virtual exchange called Garantex — they used the dollar-pegged cryptocurrency Tether — the payments took place since Garantex was sanctioned by the US and others in 2022 https://t.co/SVO2A1w3fL post: — sources said the inquiries were ongoing and it was too early to anticipate their conclusions given the complexity and opacity of crypto transactions — it shows the West’s struggle to decisively cut off the flow of money to Russia https://t.co/SVO2A1w3fL
The crypto market capitalisation rose 1.4% in 24 hours to $2.66 trillion. Buyers stepped in the night before when Bitcoin touched $68.5K and pushed the price up to $70.7K at the start of active trading in Europe. Bitcoin was rocked on Wednesday, ...
In a letter to the Department of Justice, an FTX customer who lost $4 million when the exchange filed for bankruptcy in 2022 expressed disgust at a circulating narrative that clients of the crypto exchange would ever be made whole. “I have scraped ...
Bitcoin has been very bullish for a while now, although the last couple of days have been a little bit calmer than the ones we've seen previously. This does make a certain amount of sense because the market shot straight up in the air for two ...
It’s the next generation’s time to rise in the Bellon family’s 58-year-old global catering empire. The French clan’s Sodexo SA, in the midst of one of its biggest transformations since its creation in 1966 by the late Pierre Bellon, appointed his ...
Cryptos are bullish no doubt, but I am just wondering if 70k on bitcoin, will be strong resistance in the short-term, now when NVIDIA is coming down a bit. I see nice support for NVIDIA near 800. Not sure if we will see this level, but it looks like ...