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GBTC’s Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects ‘More Over Time’
13.1.2024
Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $7.65 billion in trading volume. Concurrently, while a host of new entrants enjoyed...
Market Watchers are Accumulating This Little-Known AI Crypto – Here’s Why
12.1.2024
Launchpad XYZ will use AI tools to rank and analyze digital assets for crypto traders after its ongoing $LPX presale period. Image by Supatman, Adobe Stock. Launchpad XYZ leaned into AI to build crypto trading tools before launching its native token $LPX, an AI crypto gaining traction during...
Mollars Token Presale Booms as Crypto Traders Learn of The New ICO For Ethereum Blockchain’s Bitcoin
21.12.2023
Mollars Token Presale Takes Flight, Sales of New Store of Value Token Explode 150% Just one week ago, the Mollars token presale [view here] had only 5000 tokens sold. Fast forward into this week, the live Initial Coin Offering is closing in on 20,000 tokens sold and rated as a hot pick...
Smart Contract Tokens Solana and Avalanche Surge, Closing in on BNB and Ethereum
20.12.2023
Recently, the smart contract platform tokens solana (SOL) and avalanche (AVAX), both considered layer one (L1) crypto assets, have been narrowing the gap with ethereum (ETH), the most prominent smart contract platform in terms of market valuation. Over the past month, solana has experienced a...
EU Reveals Details of Russian Sanctions Package in New Q&A, Includes Updated Crypto Provisions
19.12.2023
The European Union (EU) revealed details on their latest package of sanctions against Russia, which includes provisions on crypto, in a newly released Q&A this week. Enacting bans and closing loopholes According to the Q&A posted on the website of the European Commission, the updated...
Super Mario-Inspired NFT Fetches Over $240K at Sotheby’s Auction
15.12.2023
Source: sothebys.com Major auction house Sotheby’s first inscription auction has been a success, closing with nearly $451,000 raised. Between December 6 and 13, Sotheby’s New York held an online sale of select BitcoinShrooms from the Bitcoin ordinals project by Shroomtoshi. Per...
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
10.12.2023
Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals a combined open interest totaling $40.74 billion...
With Presale Days From Closing, Chimpzee (CHMPZ) Has Raised Millions And Is Set To Revolutionize The “Eco-Friendly” Niche
6.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) is a noteworthy cryptocurrency initiative that is actively contributing to global environmental improvement. To date, it has assisted with the planting of 1200 trees in the Brazilian...
Roger Ver Pursues Closing Up of Matrixport in Seychelles Lawsuit Over $8 Million Dispute
7.11.2023
Source: Pexels A legal battle has been ongoing between Roger Ver, an investor also known as ‘Bitcoin Jesus,’ and Jihan Wu, the co-founder and chairman of Matrixport subsidiary Smart Vega, in Seychelles since last year over frozen cryptocurrency funds. Ver alleged that Matrixport...
Prosecutor: FTX Boss Sam Bankman-Fried Stole Billions From Customers, Lied About It
2.11.2023
Federal prosecutor Nicolas Roos argued this week that Sam Bankman-Fried stole billions in customer funds from his cryptocurrency exchange FTX and lied repeatedly to cover it up, actions that make him guilty on all counts. The prosecutor’s closing argument paints a picture of Bankman-Fried...
‘He lied to get customers’ trust’: Prosecution makes closing argument against SBF
2.11.2023
“He knew what he was doing was wrong; that’s why he never hired a risk officer,” U.S. Assistant Attorney Danielle Sassoon said
Sam Bankman-Fried’s Attorney Paints Picture of Mistakes, Not Crimes, in Closing Argument
2.11.2023
Sam Bankman-Fried’s lawyer Mark Cohen gave a final argument Wednesday, portraying the FTX founder as someone who “did his best” and made mistakes but did not commit crimes. Bankman-Fried’s Lawyer: ‘Mistakes Are Not a Crime’ Sam Bankman-Fried‘s attorney...
The Prosecution and the Defense in SBF Trial Face-off during Closing Arguments
1.11.2023
Defense attorney Mark Cohen claimed the prosecution in the trial of FTX founder Sam Bankman-Fried “has sought to turn Sam into some sort of monster.” The defense likened the prosecution’s characterization of Bankman-Fried as a villain in a movie while failing to take “a...
Prosecution Eviscerates SBF during Closing Arguments: “He Built a Pyramid of Deceit”
1.11.2023
Assistant U.S. Attorney Nicolas Roos, began closing arguments in the case against Sam Bankman-Fried this morning by claiming the FTX founder built a crypto exchange based on fraud. “He built a pyramid of deceit on a foundation of lies and false promises,” Roos said. “And when...
'A Pyramid of Deceit': Prosecutors Begin Closing Argument in Sam Bankman-Fried Fraud Trial
1.11.2023
Prosecutors are hoping the four-week case will lead to a conviction on seven charges
"That's fraud," prosecutors say in closing arguments at SBF trial
1.11.2023
The U.S. government delivers its closing arguments in New York to convince the jury that Sam Bankman-Fried is guilty of fraud and conspiracy to commit fraud
Closing Arguments to Begin Tomorrow in SBF Trial
31.10.2023
The jury is set to deliberate shortly in the trial of FTX founder Sam Bankman-Fried, with closing arguments scheduled for first thing Wednesday morning. The defense rested its case mid-day Tuesday following weeks of testimony from former FTX executives, including former Alameda Research...
SBF criminal trial moves to closing arguments
31.10.2023
Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX
Coinshares Report Shows Rising Optimism in Digital Assets Drives Strongest Inflows Since July 2022
31.10.2023
While closing out October, the digital asset market has witnessed a significant rush in optimism, culminating in $326 million in fund inflows, marking the largest single-week gain in one and a half years, according to Coinshares latest digital asset fund flows report. Digital Asset Market Soars...
Bitcoin Price Prediction: November’s Peak After Uptober’s Rise?
31.10.2023
Bitcoin price trajectory has once again captured the attention of the financial world. Bitcoin price closing at $34,296 on Tuesday with a marginal decrease of less than0.10%, the cryptocurrency’s performance continues to intrigue both skeptics and proponents. The recently-coined term...