The US government has recently responded to former FTX executive Ryan Salame’s attempt to void his guilty plea, claiming it was based on false promises from prosecutors regarding their investigation into his partner Michelle Bond. Salame, who was sentenced to 90 months in prison after admitting to campaign finance violations and operating an unlicensed money-transmitting
In recent years, France has emerged as a hotspot for crypto businesses, attracting major players such as Binance and Crypto.com to set up their European headquarters in Paris. The country’s favorable tax rates, access to a talented workforce, and innovative environment in the Web3 space have contributed to its appeal as a crypto hub. Moreover,
In the midst of Pavel Durov’s controversial arrest in France over the weekend, a wave of support has emerged from various high-profile celebrities and public figures. Notably, individuals such as Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson have all voiced their support for Durov during this challenging time. The repercussions of Durov’s
Recently, crypto analyst @XForceGlobal shared a video chart analysis focusing on Cardano (ADA), a cryptocurrency that some are currently overlooking as a “dinosaur coin.” In the analysis, XForceGlobal provided an in-depth examination of Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the brink of entering a strong upward phase known
Cardano (ADA) enthusiasts are buzzing with excitement as the Chang hard fork draws near. The native token of the Cardano ecosystem has seen a remarkable surge of over 52% in key metrics, adding fuel to the anticipation. Intersect, a vital organization within the Cardano community, recently took to X (formerly Twitter) on August 20 to
The US Securities and Exchange Commission is pushing back against Hex founder Richard Heart’s efforts to have its $1 billion securities fraud lawsuit dismissed, asserting its jurisdiction over the case. In response to Heart’s motion to dismiss, the SEC argues that his claims fail to address the substantial allegations in the complaint and disregard important
Samuel Edyme, affectionately known as HIM-buktu, is a multifaceted individual with a flair for web3 content creation, journalism, and a budding interest in trading. His portfolio boasts contributions to reputable industry publications such as AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme’s introduction to the world of cryptocurrency was not a fairy tale beginning, but rather a
Bitcoin recently experienced a sharp dip below $50,000, triggering a cascade effect on other cryptocurrencies in the market. This unexpected downturn left many short-term holders facing unrealized losses and led to a period of consolidation that has lasted longer than anticipated. A report from Glassnode indicates that the crash was primarily driven by an overreaction
The recent spike in Bitcoin (BTC) prices, with a surge of over 6%, can be attributed to Federal Reserve Chairman Jerome Powell’s announcement of potential adjustments to policy. This unexpected news has led to increased volatility in the Bitcoin market, causing prices to fluctuate unpredictably in recent weeks. Despite the volatility, on-chain data from CryptoQuant
The recent performance of Bitcoin ETFs has been nothing short of impressive, with over $500 million flowing into the largest US-based products. On the contrary, Ethereum ETFs are facing challenges, with minimal trading volumes and consistent withdrawals. Bitcoin ETFs experienced a setback at the beginning of the month, losing more than $550 million in just
