Two Scenarios Emerge For Bitcoin Price Action
Bitcoin could see a temporary correction after hitting resistance at $35k, or break higher if bulls can overcome sellers, based on technical and on-chain analysis.
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SBF Testifies: Key Points from Crypto FTX Founder’s Perspective
Sam Bankman-Fried testified this week denying FTX/Alameda wrongdoing but admitting mistakes, refuting political donation claims, explaining Alameda’s FTX role, failing to hedge, and citing FTX terms on losses.
Musk Aims For Twitter To Rival Banks By End Of 2024
Elon Musk told Twitter employees he wants the platform to become a financial hub handling all money-related activities by the end of 2024, seeking to beat PayPal using its original playbook.
Google Doubles Down on AI With $2 Billion Investment
Google has invested another $2 billion in artificial intelligence startup Anthropic, underscoring its ambitions in the rapidly evolving AI space.
SBF Wanted to Sell FTX to Binance From the Start
Sam Bankman-Fried testified he intended to sell FTX to Binance since founding it in 2019, building it to serve a niche to make it an attractive acquisition target.
Taylor Swift Hits Billionaire Status
Taylor Swift has achieved billionaire status largely thanks to the success of her record-breaking Eras Tour and re-recorded albums like ‘1989,’ per a Bloomberg analysis.
Kraken Suspending Stablecoin Trading in Canada
Kraken is the latest Canadian crypto exchange to shut down stablecoin trading amid regulatory crackdowns defining these assets as securities.
Sam Bankman-Fried Denies Fraud, Acknowledges Mistakes of the Crypto Exchange’s Collapse
FTX founder Sam Bankman-Fried denied committing fraud but acknowledged making mistakes in his testimony at his criminal trial related to the crypto exchange’s collapse.
Turkey to Finalize Crypto Regulations in 2024
Turkey plans to finalize its crypto framework in 2024, including defining crypto assets and crypto providers as well as potential taxation.
FTX Liquidates $59M in Crypto With Court Approval
FTX has liquidated nearly $60 million in cryptocurrencies like Solana and Ethereum after securing court approval to sell off assets, repay customers, and hedge volatility risk amid ongoing legal proceedings involving former CEO Sam Bankman-Fried.