Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence
The FTX founder will be defending himself against wire fraud and conspiracy charges. Here’s what that means. If he’s convicted of wire fraud and/or conspiracy
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.
Franklin Templeton Latest Wall Street Giant to File for Bitcoin ETF
Franklin Templeton is the latest high-profile fund manager hoping to get a spot Bitcoin ETF approved by the SEC. Asset manager Franklin Templeton is the
These 4 Charts on Households’ Finances Explain Bitcoin’s Lull
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households. “2023 is
Bitcoin Short Squeeze Lifts Prices Back to $26K
A short squeeze refers to a price rally driven by an unwinding of bearish bets. Bitcoin (BTC) jumped to nearly $26,000 during the asian trading
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted. Crypto markets
Genesis to Shutter Crypto Trading Desk for U.S. Market
++The subsidiary had escaped parent company Genesis Global’s lending-induced bankruptcy. Genesis’ U.S.-focused spot crypto trading business will shut down later this month, according to an
Crypto Exchanges Saw Inflows of 30K Bitcoin Prior to Grayscale’s SEC Victory
The exchange supply of bitcoin increased significantly just prior to Grayscale’s win over the SEC, according to analytics firm Santiment. Bitcoin (BTC) chalked out a
U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the
Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
The exchange, which is backed by several Wall Street firms, differs from its peers because it doesn’t hold customers’ digital assets. Crypto exchange EDX Markets,
Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin’s relative strength index has dropped well below 30 to its strongest oversold reading since March 2020. A technical analysis indicator shows extreme oversold conditions
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase
Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday. Ethereum co-founder Vitalik Buterin deposited 600 ether (ETH), which is
Elliott Wave Roadmaps…
Bitcoin 1-2, 1-2 and ready for straight up Bitcoin 1-2, and the next 1-2 needs one more wave (c) down to complete it. Bitcoin completed
Bitcoin’s ‘Taker Buy-Sell Ratio’ Surges, Signals Renewed Bullish Vigor
The ratio shows more optimism at $29,000. Bitcoin’s (BTC) “taker buy-sell ratio” recently surged on several crypto exchanges, signaling a renewed bullish sentiment at around
The Wyckoff Wave Looking Like A Possible Test Of 63,000.
https://youtu.be/WN6mp1LWw-4The Wyckoff Wave traded lower for the week as expected, on average low volume. We have been talking about a selloff to the 63,000 area
The Wyckoff Wave Overbought, Still Looking For Possible Test To 63,000.
https://youtu.be/e7tGr20c8akThe Wyckoff Wave traded sideways for the week, on slight increase in volume due to expiration. We was looking for lower, and still the same
Bitcoin Still Looks Lower Near Term. The Wyckoff Wave Still Looks Lower In The Coming Week, To Possibly Test 63,000.
https://youtu.be/t1lfv547C5QBitcoin’s once again quietly sideways. Volume continues to be low here. We are still on the sidelines and looking for slightly lower. We sold $29,100
Bitcoin Back Near Recent Lows As Expected, And Near Oversold. The Wyckoff Wave Testing The Highs, Ready To Turn Lower.
Bitcoin’s spent another week trading sideway, on low volume. We are still on the sidelines looking to reestablish positions when it warrants. Technometer is nearing
Looking To Buy Crypto On Further Weakness. The Wyckoff Wave Looks Still Lower.
Bitcoin’s spent another week trading sideway, on low volume. We are still on the sidelines looking to reestablish positions when it warrants. Technometer is nearing
Looking To Buy Crypto On Further Weakness. The Wyckoff Wave Corrected As Expected, Now Oversold.
The Wyckoff Wave traded slightly higher for the week, on low volume. We are expecting a correction for a backup to the previous creek. We
Looking For The Wyckoff Wave To Move Lower In The Week Ahead.
The Wyckoff Wave traded slightly higher for the week, on low volume. We are expecting a correction for a backup to the previous creek. We
The Wyckoff Wave In The Midst Of A Correction.
The Wyckoff Wave traded slightly lower for the week, on lower volume. It appears we are correcting for a backup to the previous creek. We
The Wyckoff Wave Continued Higher Once Again For The Week.
The Wyckoff Wave traded higher for the week once again, on lower volume then the week before. We were looking for a pullback soon, but
These 4 Charts on Households’ Finances Explain Bitcoin’s Lull
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households. “2023 is
Bitcoin Short Squeeze Lifts Prices Back to $26K
A short squeeze refers to a price rally driven by an unwinding of bearish bets. Bitcoin (BTC) jumped to nearly $26,000 during the asian trading
Crypto Exchanges Saw Inflows of 30K Bitcoin Prior to Grayscale’s SEC Victory
The exchange supply of bitcoin increased significantly just prior to Grayscale’s win over the SEC, according to analytics firm Santiment. Bitcoin (BTC) chalked out a
Elliott Wave Roadmaps…
Bitcoin 1-2, 1-2 and ready for straight up Bitcoin 1-2, and the next 1-2 needs one more wave (c) down to complete it. Bitcoin completed
Bitcoin’s ‘Taker Buy-Sell Ratio’ Surges, Signals Renewed Bullish Vigor
The ratio shows more optimism at $29,000. Bitcoin’s (BTC) “taker buy-sell ratio” recently surged on several crypto exchanges, signaling a renewed bullish sentiment at around