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Solana Price Prediction as SOL Bounces From $170 Level – Is the Sell-Off Over?
23.3.2024
Solana's rebound from $170 suggests a pause in sell-offs, buoyed by Bitcoin's influential market presence and Cathie Wood's bullish $1.5 million Bitcoin prediction.
The post Solana Price Prediction as SOL Bounces From $170 Level – Is the Sell-Off Over? appeared first on Cryptonews
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
Unabomber Prosecutor to Conduct FTX Probe Into Law Firm Sullivan and Cromwell’s “Conflicts of Interest”
22.3.2024
Unabomber prosecutor Robert J. Cleary has been approved by a U.S. bankruptcy judge to probe law firm Sullivan and Cromwell’s potential conflicts of interests in relation to FTX. Cleary's appointment marks a significant shift into the collapse of FTX following over a year of calls for an appointment...
Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling
22.3.2024
FTX users are suing the now-defunct Silvergate by claiming it abetted FTX and its affiliated trading firm Alameda Research to commit a historic fraud.
Here's the latest.
The post Class Action Suit Against Silvergate Bank Over FTX Fraud Allegations Moves Forward After Judge’s Ruling appeared...
US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps
22.3.2024
The Justice Department and 16 state and district attorneys general have filed a civil antitrust lawsuit against Apple, accusing the tech giant of monopolizing or attempting to monopolize smartphone markets.
The post US DOJ Files Lawsuit Against Apple Over Unfair Rules Targeting Crypto Apps appeared...
ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD
22.3.2024
ARK Invest, known for its involvement in the spot Bitcoin exchange-traded fund (ETF) market, has decided to cash in on its Coinbase holdings as the stock's value climbs above $270.
The post ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD appeared first...
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
22.3.2024
Bitcoin has experienced a pullback of over 10% from its all-time high, with the demand for spot Bitcoin exchange-traded funds (ETFs) showing signs of moderation.
The post JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction appeared first on Cryptonews
Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant
22.3.2024
The Bitcoin bull cycle is still far from over with many large Bitcoin investors selling the market is entering a period of price correction, according to on-chain analytics platform CryptoQuant.
The post Investors Take Profit After Bitcoin Rally, Bull Cycle is Far From Over: CryptoQuant appeared...
DOJ and US States Take on Apple in Major Antitrust Suit Over App Store Monopoly
22.3.2024
The United States Department of Justice (DOJ), joined by 16 state attorney generals, filed an antitrust lawsuit against tech giant Apple, claiming its app store rules create a monopoly that hampers competition and stifles innovation. The lawsuit argues that practices such as forcing developers...
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
21.3.2024
Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted
MetaBirkins NFT Creator Barred from Museum Display After Hermès Lawsuit
21.3.2024
Mason Rothschild, the artist behind the controversial MetaBirkins NFT project, has been banned from showcasing the pieces at a museum exhibition in Stockholm, a New York Judge ruled on March 13. The ruling follows a contentious legal battle between Rothschild and Hermès over its iconic Birkin...
DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...
Floki joins Carbon Browser to reach over 7 million DeFi users
21.3.2024
A partnership between Floki and Carbon Browser has increased the company’s Web3 visibility, in addition to its overall usability and other significant factors. These consist of increased liquidity and availability, which attract more users. It is worth noting that the increase in visibility...
Solana Price Prediction as SOL Bounces 11% From Recent Bottom – Is The Sell-Off Over?
21.3.2024
SOL has gained by 9% in the past 24 hours, with the Solana price reaching $189 on a day when the crypto market as a whole has recovered by 6.5%.
The post Solana Price Prediction as SOL Bounces 11% From Recent Bottom – Is The Sell-Off Over? appeared first on Cryptonews
Is DogWifHat Going to Crash? WIF Price Plummets 26% as Focus Turns to Fresh Bitcoin Alternative
21.3.2024
DogWifHat (WIF) has lost 26% over the last week, making for some of the heaviest seven-day losses for a leading cryptocurrency today. It trades at $2.41 as of this writing, according to CoinGecko. A slight pullback today has hit meme coins the hardest. Market leaders Dogecoin (DOGE) and...
UK Woman Found Guilty of Laundering $2.5B in Bitcoin
21.3.2024
A British woman has been found guilty and convicted on Wednesday for laundering over $2.5 billion (£2 billion) worth of Bitcoin for a Chinese fugitive.
The post UK Woman Found Guilty of Laundering $2.5B in Bitcoin appeared first on Cryptonews
Economists Rally Behind Honduras in $10.8 Billion Legal Fight Over Crypto Island Project
21.3.2024
A group of 85 economists has supported the Honduran government’s decision to leave the World Bank’s arbitration body, the International Centre for Settlement of Investment Disputes (ICSID), amidst a legal conflict with the crypto island project Próspera Inc., which seeks $10.8 billion...
South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto
21.3.2024
South Korean “tax dodgers” have been dealt another blow, with tax authorities in the city of Hwaseong confiscating cryptoassets worth over $768,500.
The post South Korean Tax Dodgers Out of Pocket as Authorities Seize $768,500 Worth of Crypto appeared first on Cryptonews
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
Crypto Experts Eye New Web3 Meme Coin, Racing to Invest Before It Hits Exchanges
20.3.2024
Eagle-eyed watchers of emerging small market cap projects are pouring into Sponge (SPONGE), a new Web3 meme coin that comes with its own staking and video gaming community, ahead of the token’s listing on major exchanges. SPONGE has jumped over 9,000% since the original iteration (SPONGE...