Page 9 - Bitcoin

Crypto wrap: Israel-Hamas war ignites sell-off, Ethereum lowest since March

Cryptocurrency news: A higher-than-expected US inflation in September also resulted in a sell-off pressure in the market

Sam Bankman-Fried hoped to be US president someday: Star witness Ellison

Caroline Ellison, the tech executive who ran Sam Bankman-Fried's hedge fund while sometimes dating him, testified Tuesday that he directed her to commit crimes before his cryptocurrency empire collapsed last November. She also revealed that her former boss and boyfriend thought he might be U.S. president someday. With Bankman-Fried looking on from his seat in the courtroom, Ellison, 28, testified at the New York City trial that she committed fraud, conspiracy to commit fraud and money laundering along with Bankman-Fried and others. He directed me to commit these crimes," she said of Bankman-Fried, when asked by a prosecutor about his involvement. Repeatedly, Ellison made clear that Bankman-Fried was behind the biggest financial moves in his companies, to the point that bitcoins he created were sometimes called Sam's coins. She described him as very ambitious and envisioning eventually leading huge companies and using his money influentially. He even thought there was a 5 per cent

Crypto wrap: Ethereum outperforms Bitcoin as investors tread with caution

Apart from Ethereum, almost all the major crypto coins traded range bound in the last one week

Crypto wrap: Market flat as US Fed's comments keep investors cautious

US Federal Reserve's this week comments suggested that the interest rates may remain high for some time to come

Crypto wrap: Anticipation of G20 Summit outcome keeps bulls, bears fighting

The G20 Summit, to be held in New Delhi, is expected to provide some clarity on the global regulations on cryptocurrencies

US court ruling on Grayscale ETF pushes crypto market up, Bitcoin jumps 5%

Grayscale had appealed against the US SEC's decision to reject its proposal for converting its Bitcoin Trust into a spot ETF

Crypto exchange BitOasis raises funds from investors including CoinDCX

BitOasis earlier this year said it received the first of Dubai's "minimum viable product operational licenses," allowing it to offer broker-dealer services for digital assets to qualified investors

Crypto wrap: Global macro uncertainties pull market deep in the red

The uncertainty around Chinese economy, where real estate crisis has touched a new high after Evergrande filed for bankruptcy protection in New York, has also contributed to sell-off in the markets

Bitcoin's extreme volatility vanishes amid 'extreme apathy and exhaustion'

It's an unusual stretch of calm for the token, which has over the years garnered attention for its wild price swings

Coinbase gets approval to offer crypto futures to eligible US customers

Coinbase said it's received regulatory approval to bring federally regulated crypto futures trading to eligible customers in the US, sending shares sharply higher before the opening bell Wednesday. In June, the US Securities and Exchange Commission filed lawsuits against Binance and Coinbase, saying that the companies were in violation of the the law because they were operating as securities exchanges without registering with the agency. Coinbase said Wednesday that it had secured regulatory approval from the National Futures Association to operate as a futures commission merchant. The cryptocurrency exchange said that it filed its application with the association in 2021. Now that it has received approval, Coinbase says eligible US customers will be able to access regulated derivatives products through Coinbase Financial Markets, subject to the oversight of the Commodity Futures Trading Commission and the NFA. The company tweeted that it can now offers cryptocurrency futures ...

Crypto wrap: Market flat amid anticipation of another 25 bps hike by US Fed

Market data also showed that the volatility in Bitcoin has been low in the last seven days

Crypto wrap: Market trading sideways as altcoins under selling pressure

On a positive note, the chances of a spot Bitcoin ETF being launched in the US this year have improved significantly, from 50% to 65% as per Bloomberg Intelligence

Crypto platform CoinSwitch releases second proof of reserves data

CoinSwitch said that its cash and cash equivalent balances are 6.79 times higher than the balance of its users

Bitcoin drops below $29,000 for the first time in over a month: Report

The largest digital-asset by market value fell as much as 4.2% to $28,865, the least since June 21

Over half of Indian crypto investors in for long term: WazirX survey

In the age group of 18-30 years, 40% of respondents said they have invested more than Rs 40,000 in digital assets

Crypto wrap: Market volatile on profit booking after last week's rally

The major beneficiary of Bitcoin's weakness has been Ripple's XRP token which now enjoys a market dominance of 21%

G20 FSB releases global guidelines for crypto firms to safeguard investors

"As recent events have illustrated, if linkages to traditional finance were to grow further, spillovers from cryptoasset markets into the broader financial system could increase," the FSB said

Crypto wrap: US Federal Court's ruling on Ripple leads to surge in market

Cryptocurrency news: Another reason for the surge was the lower-than-expected US inflation of 3% for June

Caution about Bitcoin grows as jump in global markets bypasses crypto

The largest digital asset on Thursday mostly held losses of 0.7% from a day earlier, while stocks and bonds extended gains on bets that an end to Federal Reserve monetary tightening is getting closer

Bitcoin bulls take heart from smaller token Litecoin's market, beating jump

Litecoin was created in 2011 and aims for faster transactions than Bitcoin