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Bitcoin 24-Hour Volatility Soars, Why Bulls Could Win Fight In Short-Term

06/07/2023 7:00:47 PM

Bitcoin keeps moving sideways in a tight range as regulatory pressure in the U.S. mounts with two lawsuits against major crypto exchanges. The number one crypto by market cap could yet see crab-like price action, but the bulls could catch a break in the short term, according to an analyst. Related…

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Late Evidence In Criminal Trial Irks SBF, FTX Explores Options For AI Stock Sale

06/07/2023 5:00:43 PM

Former FTX CEO Sam Bankman-Fried (SBF) is still entwined in his legal battle over the FTX crisis. In a letter, SBF’s legal team stated that prosecutors are behind on deadlines for vital evidence to build their defense on numerous fraud charges.  SBF has faced multiple charges since the collapse…

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Bitcoin Realized Loss Remains Low Despite Volatility, What Does This Mean?

06/07/2023 4:00:25 PM

On-chain data shows the Bitcoin realized loss metric has stayed at a low value recently, despite the volatility that the coin has experienced. Bitcoin Realized Loss Continues To Be At A Relatively Low Value According to data from the on-chain analytics firm Glassnode, investors realized just $112…

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SEC Files Emergency Action Application To Freeze Binance.US Assets

06/07/2023 3:00:48 PM

The SEC just dropped a bombshell on Binance.US, the American arm of the world’s largest cryptocurrency exchange. The regulator filed an emergency action application against Binance.US to freeze its assets, as part of the regulator’s recent crackdown on the crypto exchange. Protecting…

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