Fetch.ai's price only suffered a limited 2% decline due to the intervention of whales, who prevented major losses, but there is still a potential threat to the altcoin.
Ethereum competitor Solana (SOL) may be facing a possible correction as its TD Sequential indicator flashes a sell signal on its daily chart, according to a popular crypto trader, while other analysts predict a potential price drop and a retracement to $152 or even $127.
Federal prosecutors are pushing for a sentence of 40 to 50 years in prison and $11 billion in restitution for cryptocurrency mogul Sam Bankman-Fried, who defrauded over 1 million victims of more than $8 billion through his cryptocurrency exchange FTX. His lawyers have asked for a five- to six-year prison term, citing his charitable work and autism as reasons for leniency. Prosecutors argue that Bankman-Fried exhibited unmatched greed, gambling with other people's money and showing no remorse.
VanEck, an investment management firm, has announced that it will waive fees on its spot Bitcoin ETF, HODL, until it reaches $1.5 billion in assets under management, in an effort to attract more investors and capitalize on the current bull market for Bitcoin.
Tensions arise between users of the Dogwifhat (WIF) meme coin on Solana and the owners of the real-life Shiba Inu dog that inspired the token, as the owners auction an NFT of the original iconic photo of the dog, sparking complaints and frustration within the WIF community.
Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, should be sentenced to between 40 and 50 years in prison for stealing $8 billion from customers, according to prosecutors, after being found guilty of fraud and conspiracy.
Singapore-based game studio 9 Lives Interactive has raised $3 million in funding for the global launch of their blockchain-based "hero shooter" game, Nyan Heroes, with a limited early access testing period available from March 26 to April 9 via the Epic Games Store.
Sam Bankman-Fried, founder of FTX cryptocurrency exchange, should be sentenced to 40 to 50 years in prison for stealing $8 billion from customers, according to prosecutors.
FTX founder Sam Bankman-Fried, convicted of fraud and conspiracy charges, is facing a recommended prison sentence of 40 to 50 years for orchestrating one of history's largest financial frauds in the cryptocurrency world.
Federal prosecutors are recommending that Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, be sentenced to up to 50 years in prison for his involvement in fraud that caused significant harm to customers and lenders.
Vanguard, the second-largest asset management firm and ETF provider, did not participate in the launch of spot Bitcoin ETFs due to the cryptocurrency's high volatility and lack of underlying cash flows, which do not align with their conservative investment approach. However, Vanguard has not completely ruled out Bitcoin ETFs in the future if the cryptocurrency gains more prevalence and use cases.
Sam Bankman-Fried, the founder of FTX, is facing a potential prison sentence of 40 to 50 years for fraud charges after prosecutors outlined their sentencing recommendation in a filing to the court.
Bitcoin SV (BSV) has dropped 13% after a UK court ruled that Craig Wright is not the pseudonymous Bitcoin creator Satoshi Nakamoto, causing the value of BSV to plummet.
Carolina Panthers player Russell Okung made history by announcing that he would receive half of his 2020 salary in Bitcoin, becoming the first athlete in North American sports to do so, with his $6.5 million portion of the salary converting to 237.4801 BTC, which is now valued at $16.1 million based on the current price of Bitcoin.
BNB, the native coin of Binance, is predicted to have a significant breakout and rise by 118% against Bitcoin based on a historical pattern, with a target price of $1,300.
The Book of Meme (BOME) token, created by the artist behind Pepe, has experienced a surge in value, reaching a market capitalization of nearly $400 million, following its pre-sale on Solana.
Aevo's surge in trading volume on its decentralized crypto exchange has raised suspicions of wash trading and manipulation, with the company attributing the spike to airdrop farming and denying any ongoing manipulation.
Institutions are starting to recognize meme coins, such as dogecoin and shiba inu, as a legitimate use of blockchain technology, despite their reputation as joke currencies, but these projects also face regulatory risks as they invest in developing and marketing their tokens.
Judge James Mellor declared that Craig Wright is not Satoshi Nakamoto, the creator of Bitcoin, in the trial between the Crypto Open Patent Alliance (COPA) and Wright; however, COPA seeks further court orders to restrict Wright's ability to sue others and plans to inquire about perjury charges against him. This victory for COPA could influence Wright's ongoing cases, weaken his claims, and potentially deter him from making further assertions regarding his connection to Bitcoin. It remains to be seen if Wright will appeal the decision.
Global cryptocurrency gains reached $37.6 billion in 2023, with the United States leading the way with $9.3 billion worth of gains, followed by the UK at $1.39 billion, according to a report by Chainalysis.
Bitcoin's sudden plunge triggered nearly $300 million worth of BTC-specific liquidations in 24 hours, along with over $800 million worth of liquidations across the broader crypto market, catching many traders off guard.
Bitcoin's correlation to NVIDIA has reached its highest level in over a year, with a positive correlation of well above 0.8, indicating the strong connection between the two assets, as both their market values have surged due to the growing demand for NVIDIA processors in AI projects.
Oxya Origin, a gaming platform, has launched its private beta, offering gamers the opportunity to own, trade, and earn rewards in a Web3 gaming universe that combines engaging gameplay with user-ownership and governance.
The official Twitter account of Activision Blizzard, the gaming giant behind franchises like Call of Duty and Diablo, was hacked and used to promote a meme coin on Solana, falsely claiming it as an official token launch. However, the scheme did not seem to be successful, with minimal trading activity and a significant price crash. Activision Blizzard stated that they have regained control of the account and will be investigating the incident.
Microsoft stock (MSFT) has broken out and is gaining momentum, potentially due to a gamma squeeze related to quadruple witching, but the breakout is suspect due to lack of significant fundamental development, and next week's FOMC meeting and the market's response to quadruple witching will determine its future direction.
A group of crypto enthusiasts raised over $700,000 to have a meme of a Shiba Inu puppy with a hat displayed on the Sphere, the largest spherical structure on Earth, which offers unique experiences for concerts and movies.
JP Morgan analysts have expressed concern over MicroStrategy's debt-financed Bitcoin purchases, stating that it adds leverage and froth to the crypto rally and raises the risk of severe deleveraging in a future economic downturn.
JPMorgan believes that the Ethereum network and its token ether (ETH) could positively impact Coinbase's earnings, leading to an increase in the price target for Coinbase shares, which slipped over 4% in premarket trading.
Aptos Labs has partnered with Google Cloud to launch Aptos GameStack, a development suite that integrates Google Cloud's solutions with Web3 game tools to help creators launch games that utilize crypto and NFTs with ease.
Bitcoin has surpassed gold in terms of allocation in investor portfolios, with a 3.7 times greater allocation, according to JPMorgan analysts, who also highlight a net inflow of $9 billion into Bitcoin ETFs and suggest a potential Bitcoin ETF market size of $62 billion if gold is used as a benchmark.
PancakeSwap has announced the upcoming release of its version 4, which aims to enhance flexibility, functionality, and efficiency in decentralized exchanges, introducing new features such as hooks and supporting various pool types.
Upland has launched the first wave of its "Share and Build" airdrop series, rewarding users with its in-game utility token for engaging with the platform before the launch of its Ethereum token.
El Salvador President Nayib Bukele plans to store a significant portion of the country's bitcoin assets in an offline device stored in a physical vault within the country's territory.
Crypto Industry Aims to Flex Political Muscle By Targeting Senator Elizabeth Warren's Reelection Bid
The crypto industry is preparing to challenge Elizabeth Warren's reelection campaign in Massachusetts, as she has been a vocal critic and advocate for regulating crypto, causing concern among industry leaders; however, defeating Warren will be difficult due to her national attention and progressive politics that are popular in the state.
Bitcoin (BTC) experienced an 8% drop in 24 hours, falling to $66,800 after reaching above $70,000 earlier in the week, causing significant liquidations of long positions and leading some analysts to view it as a typical pullback following a strong rally. Additionally, El Salvador disclosed that it had moved $400 million worth of BTC into a cold wallet, exceeding previous estimates of their bitcoin holdings. Furthermore, investment bank Stifel recommended Galaxy Digital as a core holding for equity investors seeking exposure to the digital asset ecosystem.
BNB is predicted to reach a new all-time high, while AAVE and INJ are expected to see more upside potential in the decentralized finance market, according to crypto strategist Altcoin Sherpa.
JP Morgan warns that MicroStrategy's Bitcoin purchases could worsen future market downturns, as the software company adds leverage and froth to the current crypto rally by buying Bitcoin and selling bonds to fund its purchases.
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The Hong Kong Securities and Futures Commission has warned the public that cryptocurrency exchange MEXC is operating without a license, emphasizing that enforcement action will be taken if necessary.
McDonald's experiences a system failure causing store closures and disruptions in online and app orders in multiple countries, including Australia, Japan, Hong Kong, and the United Kingdom.
JPMorgan's research report suggests that both retail and institutional investors have been buying both gold and bitcoin this year, debunking the notion that investors are switching from one asset to the other.
Crypto analyst Bluntz is bullish on the altcoin Myro (MYRO) and predicts it will follow a similar price surge pattern as the SOL-based meme asset WIF, while also stating that Solana (SOL) is poised for double-digit appreciations against Bitcoin (BTC) and Ethereum (ETH).
The Cardano (ADA) market is experiencing a decline in high-value transactions, indicating a potential period of stagnation for ADA prices, but strong support levels may prevent a significant drop and allow for upward momentum in the future.
Elon Musk hints at the possibility of buying Tesla cars with dogecoin, expressing his support for the cryptocurrency and causing a 10% increase in its price.
Cathie Wood of Ark Invest predicts that Bitcoin will reach $1 million sooner than expected, thanks to the introduction of new spot Bitcoin ETFs and increasing institutional buy-in, with the optimal Bitcoin allocation for portfolios potentially reaching 20%; however, JPMorgan Chase warns that the upcoming halving event may result in a price drop to $42,000, presenting risks for those heavily invested in Bitcoin.
Cathie Wood of Ark Invest is highly confident that Bitcoin will reach $1 million sooner than expected due to the introduction of new spot Bitcoin ETFs and increasing institutional buy-in, potentially driving up Bitcoin's price even further, while the upcoming halving event could have a negative impact on its value.
Bitcoin Virtual Machine (BVM), a protocol on the Bitcoin blockchain, is gaining popularity and driving demand for its native BVM tokens through the creation of layer 2 networks and planned airdrops for token stakers.
Two Democrat Senators are urging the SEC to block further cryptocurrency exchange-traded products (ETPs) due to concerns about poor disclosure and thin liquidity, while Coinbase's Paul Grewal argues that ether's high trading volume and crypto's role in financial modernization support the approval of ETPs.
The Avalanche Foundation has invested in several meme tokens, including dog-themed kimbo (KIMBO) and chicken-themed Coq Inu (COQ), signaling a shift in the perception of these tokens as major foundations are now backing their growth.
The correlation between bitcoin and Nvidia has reached a high level of 0.80, raising concerns as analysts believe the surge in Nvidia's valuations due to AI projects may be an AI bubble.
Russia has officially signed a law to use digital assets for trade settlements, allowing it to bypass US sanctions and challenge the hegemony of the US dollar.
