The sentencing dates for senior FTX executives Gary Wang and Nishad Singh have been scheduled for later this year, according to a court docket dated July 9th. Wang, the former Chief Technology Officer and co-founder of the now-defunct exchange, is set to be sentenced on November 30th. Meanwhile, Singh, who served as the former engineering
Paxful Inc. co-founder and former CTO Artur Schaback recently pleaded guilty to conspiracy charges related to the failure to maintain an effective anti-money laundering (AML) program. This negligence, as stated by the Department of Justice, turned Paxful into a hub for various criminal activities such as money laundering, sanctions violations, fraud, romance scams, extortion schemes,
The recent price crash in Bitcoin has raised concerns about the potential for further downside ahead. Jacob Canfield, a trading mentor at Trading Mastery, has highlighted historical patterns in Bitcoin’s pricing trends. Canfield’s analysis suggests that Bitcoin tends to retest yearly open levels, either confirming bearish or bullish trends. Since 2017, each year’s opening price
The Republican Party has taken a significant step in embracing digital assets and blockchain technology by including them in their official platform for the 2024 election. This move reflects a broader shift within the party towards supporting cryptocurrencies, in line with former President Trump’s recent statements. RNC’s Stance on Digital Assets The Republican National Committee’s
Aayush Jindal is a trailblazer in the world of financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His journey towards becoming a renowned expert in the field began at a young age, where he displayed a natural aptitude for deciphering complex systems and patterns. This early curiosity and passion for
Veteran trader Peter Brandt recently raised concerns about Bitcoin potentially dropping to as low as $44,000. Brandt based this prediction on a technical indicator that suggested a bearish outlook for the flagship cryptocurrency. He highlighted the possibility of Bitcoin experiencing a severe reversal to the downside if it has indeed completed a double top pattern.
The beginning of July has not been the ideal start for the Bitcoin and crypto market, contrary to earlier expectations. Various events have occurred that have shaken the market dynamics. One such event is the delay in the debut of Spot Ethereum ETFs on July 2nd. Additionally, reports have surfaced that the US and German
Messari, a prominent US-based cryptocurrency market intelligence platform, recently made headlines by announcing its independence from the Securities and Exchange Commission (SEC). The CEO of Messari, Ryan Selkis, boldly stated, “I’ve declared independence from the SEC and its corrupt Chair Gary Gensler. In the months ahead, Messari will be operationalizing a war against this illegitimate
Aayush Jindal is a shining star in the realm of financial markets, with an impressive career spanning over 15 years in Forex and cryptocurrency trading. Renowned for his exceptional skills in technical analysis, Aayush has earned a reputation as a trusted advisor and senior market expert, guiding investors worldwide with his keen insights and astute
Despite some initial hopes for a recovery, Ethereum’s price has remained stagnant below the $3,150 zone. The bears seem to be in control once again as ETH is on the path to potentially drop below $2,800. The recent decline saw Ethereum struggling to break above key resistance levels, with the price trading below $3,000 and