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Gary Wang, the co-founder of the collapsed cryptocurrency exchange FTX, dodged jail time for his role in an $8 billion fraud. He received a sentence of time served plus three years of supervised release. This wraps up the criminal cases against the main FTX players. Wang’s Cooperation Was Key Wang pleaded guilty to several serious…
Bitcoin’s recent price surge has everyone talking. Will it hit $100,000? Even more? Some experts think so. A $150,000 Bitcoin? Market analyst Ali Martinez is predicting a massive Bitcoin price jump – all the way to $150,000! He bases this on trends seen in the previous two Bitcoin bull cycles. He thinks this could happen…
Ethereum (ETH) has been stuck in a holding pattern since mid-November, failing to keep up with Bitcoin’s recent surge. While Bitcoin’s been making headlines, Ethereum’s been struggling to break through some key resistance levels. Is a Breakout Imminent? Despite the sideways movement, analysts remain bullish on Ethereum’s potential. Crypto analyst Carl Runefelt, for example, sees…
Arkham Intelligence, the market analytics platform, is jumping into the crypto exchange game. They’re launching a new spot trading exchange in the US, possibly as early as next week! US Rollout Details However, there’s a catch. Not all US users will get immediate access. Arkham says access will depend on local regulations, meaning some states…
Analyst Ali Martinez predicts a rollercoaster for Bitcoin. He thinks it could skyrocket to $138,000, only to plummet by 30% afterward. History Repeating Itself? Martinez bases his prediction on past Bitcoin bull runs. In 2017, Bitcoin soared 156% beyond its previous high before a 39% correction. Similarly, in 2020, it rallied 124% before a 32%…
Russia is temporarily shutting down crypto mining in several regions to keep the lights on this winter. The government’s worried about energy shortages, especially in Siberia. Why the Ban? Siberia’s got cheap electricity thanks to its hydropower plants, making it a popular spot for crypto miners. But with winter’s harsh conditions and increased energy demand…
Ethereum’s price recently jumped above $3,000, exciting the crypto world. Interestingly, investors aren’t cashing in—they’re holding onto their ETH. Let’s dive into why. Holding Steady: Why Aren’t Investors Selling? On-chain data shows a strong “hold” strategy among retail investors. This is surprising, given the recent price increase. Analysts believe this behavior is significant, especially considering…
Coinbase CEO Brian Armstrong has a bold idea: a US sovereign wealth fund that pays dividends to every American citizen. He believes this could help shrink the government while still allowing for necessary spending. Shrinking Government, Paying Dividends Armstrong argues that politicians often overpromise freebies to win votes, leading to bloated government budgets. He suggests…
Bitcoin’s price action is hinting at a big move, according to a crypto analyst. A Bullish Triangle Forms The price has been bouncing around between roughly $86,000 and $93,000, forming what’s called a “bullish symmetrical triangle” on the chart. This pattern often means a big price jump is coming. This was spotted by Stockmoney Lizards,…
A wild story is unfolding in Los Angeles involving a crypto trader, corrupt sheriff’s deputies, and a whole lot of cash. The “Godfather” and His Crypto Empire Adam Iza, founder of the crypto trading platform Zort and nicknamed “The Godfather,” is accused by the FBI of running a massive extortion racket. The FBI alleges Iza…
