In the wake of the FTX collapse, a fierce legal battle has erupted over the millions of dollars in assets seized from Sam Bankman-Fried (SBF) and other former FTX executives. Parties are vying for control of these assets, which include airplanes, funds in various banks, shares of Robinhood stock, and even political contributions linked to
Bitcoin has experienced significant price fluctuations recently, leading to concerns about a prolonged bear market. However, there are some faint bullish whispers that suggest a potential reversal in the making. One such indicator is the Bitcoin Taker Buy Sell Ratio, which tracks the balance between buy and sell orders on exchanges. Despite the recent dip
Solana recently tested the $138 zone before witnessing a recovery wave. In order to continue the upward momentum, the SOL price must clear the $150 and $155 resistance levels. Currently, SOL price is showing signs of breaking above the $150 resistance against the US Dollar. It is noteworthy that the price is now trading above
The XRP price has shown signs of recovery, starting with a decent upward movement above the $0.4850 mark. This recovery wave comes after finding support at $0.4600, which indicates a bullish sentiment in the market. The price has managed to reclaim the 100-hourly Simple Moving Average, suggesting that there might be more upsides in the
Throughout history, the evolution of currency has played a significant role in shaping societies. From primitive bartering systems to the establishment of standardized coins and paper money, the concept of currency has been essential for organizing and advancing civilizations. However, in recent decades, many parts of the world have experienced financial turmoil, leading to questions
Polkadot (DOT), a well-known player in the blockchain industry, is currently facing a significant decline, signaling a bearish trend. The cryptocurrency is plunging towards new lows due to a mix of market volatility, negative investor sentiment, and regulatory pressures. As the value of DOT continues to diminish, investors are urged to prepare for additional losses
Bitcoin has experienced a notable amount of selling pressure in the past week, leading to a decline in its value by almost 5% according to data from CoinGecko. This bearish pressure has caused the price of the premier cryptocurrency to drop to around $65,000 on Friday, June 14th, marking its lowest level in nearly a
The SEC commissioner Mark Uyeda recently expressed his acknowledgment of the potential benefits associated with asset tokenization, including the tokenization of securities. According to Uyeda, representing asset rights with a digital token on a blockchain can offer enhanced security, transparency, and immutability. Moreover, he highlighted that tokenization eliminates the need for intermediaries, streamlining transactions and
The New York Attorney General’s (NYAG) office recently announced the conclusion of its settlement with Gemini, the cryptocurrency exchange, resulting in the recovery of $50 million for users affected by the defunct Gemini Earn program. As part of the settlement, users will receive the recovered funds in their accounts without the need for any further
Leading crypto analyst TechDev has recently provided valuable insights into the future trajectory of Bitcoin. According to TechDev, Bitcoin has not yet reached its full potential in the current market cycle, indicating that more price surges are on the horizon for the flagship cryptocurrency. In a recent social media post, TechDev highlighted the importance of
