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Trial Progress of Sam Bankman-Fried Takes Unexpected Turn as He Is Set to Testify
October 26, 2023
The trial of Sam Bankman-Fried, which is scheduled to resume on the 27th of October, has taken an unexpected turn as the ex-billionaire decided to testify in his defense. His …
Read moreLearn Concept: How Bitcoin ETF Influences Crypto Market Volatility
October 26, 2023
The approval, anticipation, or even the changes in listing related to a Bitcoin Exchange Traded Fund (ETF) can trigger significant shifts in the cryptocurrency markets. This concept has become evident …
Read moreNeon Machine Secures $20 Million Series A Fundraise for its Blockchain-based Game 'Shrapnel'
October 25, 2023
Web3 gaming studio Neon Machine has successfully raised $20 million in a series A funding round for the development of its upcoming high-value production, 'Shrapnel.' Neon Machine claims its team …
Read moreUK's FCA Faults Crypto Firms for Non-compliance with New Marketing Rules
October 25, 2023
The United Kingdom's Financial Conduct Authority (FCA) announced on October 25th that a substantial number of crypto firms have failed to satisfy newly implemented promotional requirements. The regulations, introduced on …
Read moreRising Bitcoin Supply Absorption Precedes Halving: Surges in Perpetual Funding Rates
October 25, 2023
Summary As the next Bitcoin halving approaches, there is a noticeable uptick in Bitcoin's monthly issuance absorption rate across various cohorts. In addition, an emerging trend of selling perpetual futures …
Read moreBitcoin Surges to $35,000: Major Catalysts and Market Reaction
October 25, 2023
Bitcoin (BTC) continues its robust climb, breaching a significant milestone unseen since May 2022. The world's largest cryptocurrency by market capitalization saw a price surge to chase after $35,000; hitting …
Read moreFTX Founder Sam Bankman-Fried to Testify in His Upcoming Criminal Trial
October 25, 2023
FTX founder, Sam Bankman-Fried, has been confirmed to testify in his own defense at his upcoming criminal trial, in a bid to prove his innocence against fraud allegations related to …
Read moreCardano Boosts Stablecoin Venture, Refutes Djed Shutdown Rumors
October 25, 2023
Cardano's parent company, Input Output Global (IOG), has appointed two ex-Algorand executives to manage its stablecoin-focused venture. Former Algorand CEO Sean Ford and former executive David Markley are set to …
Read moreBitfinex Securities Launches First USDT Denominated Tokenized Bond
October 25, 2023
Crypto firm Bitfinex Securities has announced the launch of its first-ever tokenized bond offering. Labelled as ALT2611, this 36-month offering boasts a 10% coupon rate and is denominated in Tether's …
Read moreCrypto Market Sentiment Approaches November 2021 Highs
October 25, 2023
The Crypto Fear & Greed Index, which signals market sentiment, has returned to the peak points of Bitcoin's all-time high in November 2021. This indicator coupled with an overbought reading …
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