Sam Bankman-Fried Rejects FTX Bankruptcy Label, Claims Asset Surplus and Full Customer Recovery
Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, has stated that the company was never bankrupt. He maintains that all customer funds remain intact and insists that reports of an $8 billion shortfall were inaccurate. JUST IN: Sam Bankman-Fried says "FTX was never bankrupt, even when its lawyers placed it into bankruptcy." pic.twitter.com/Vs04cIzBcb — […]
Unveiling GoDark: Crypto’s New Institutional Dark Pool Backed by Copper, GSR, Others
There is no real institutional dark pool in crypto, according to the builder of GoDark.
Why Peter Brandt Expects Bitcoin (BTC) to Fall
Peter Brandt, a veteran trader with decades of market experience, has taken a short position in Bitcoin futures. Despite being a long-term holder of BTC, Brandt is trading against it in the short term based on technical signals that suggest further downside is possible. Broadening Pattern Indicates Risk On the daily chart, Brandt identified a […]
Are Bitcoin miners becoming AI utilities? The math says yes
Bitcoin’s (BTC) April 2024 halving cut block rewards from 6.25 to 3.125 BTC, compressing the hash price and forcing Bitcoin miners to reconsider their business model. Instead of waiting for fee markets to rescue margins, the largest operators started signing contracts to lease infrastructure to AI tenants. Core Scientific committed 500 megawatts to CoreWeave for […]
Crypto Markets Today: Bitcoin Slips, Altcoins Slide as AI Spending Concerns Hit U.S. Equities
Token prices were hit after a sell-off in U.S. equities as Meta and Microsoft raised their AI investment projections, prompting overspending concerns.
ONDO Price Forecast: Can Bulls Regain Momentum to Reach $1.13?
ONDO is showing a mixed market trend, struggling to regain its earlier bullish momentum, but it still holds potential for a turnaround. Over the past 24 hours, the token has dropped by 5.18%, while its weekly decline stands at 6.38%. At the time of writing, the token is trading at $0.6889, with a 24-hour trading
Solana, Cardano and XRP Slide as Remittix Extends Its Winning Streak
Solana, Cardano, and XRP are once again under serious pressure this week, as investors brace for more swings in the market. While these major altcoins are trying to find their footing, Remittix keeps stealing the spotlight. This PayFi token continues improving with new listings strong growth, and a real-world use case that is already turning […]
Ozak AI’s Presale Nears $4M With Massive FOMO — Investors Buying Now at $0.012 Could See 500x Gains by the Time BTC Hits $150K
The crypto investors and securing Ozak AI as Ozak AI’s presale nears $4 million, with a massive FOMO among early investors. With the token currently priced at just $0.012, many are expecting the potential for massive gains. Some analyst predicts that returns of up to 500x if Bitcoin reaches the $150K milestone. As traders want […]
Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune
Satoshi Nakamoto’s Bitcoin holdings dropped nearly $5 billion in a single day, cutting the estimated value of the stash to roughly $118 billion. According to tracking data that ties thousands of early Bitcoin addresses to the name Satoshi, the decline mirrors a wider pullback in crypto markets this week and reflects the sharp swings in […]
Zcash hits 8-year high, flips Monero to become top privacy coin at $6.2B
Zcash defied the crypto market downturn with a 45% rally this week, making it the most valuable privacy-focused cryptocurrency, following Hayes’ call for a $10,000 price target.
Which Altcoins Are Investors Accumulating Amid Market Fear?
Several altcoins appear to have defied market fear over the past month. Despite declining prices, investors did not rush to sell on exchanges. Instead, they accumulated more aggressively. This accumulation has driven the exchange supply of some altcoins to their lowest levels in years. Such scarcity is a critical factor that supports potential price increases. […]
Cardano Price Breakdown, Can ADA Hold $0.55 After Losing $0.61 Support?
Cardano’s price action this week has left traders on edge as the much-watched $0.61 support finally buckled. This move came amid a fresh wave of risk aversion across crypto, highlighted by the Fear & Greed Index plummeting to just 31. In the span of 72 hours, Cardano whales holding 100 million to 1 billion ADA […]