The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions.
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Sam Bankman-Fried appeal against bail revocation 'meritless': Prosecutors
The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions.
CBDCs will gradually displace private banks, says Russian lawmaker
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
India G20 confirms 'active discussions' around global crypto framework
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework.
New $20M fund eyes blockchain gaming and NFTs
Web3 venture capitalists will look to invest in blockchain gaming and collectibles projects through a new $20 million fund.
Marathon's Bitcoin mining rate fell 9% in August
The company still mined five times more Bitcoin than in August 2022, reporting that it produced 1,072 Bitcoin last month, and said the decrease from July was caused by unfavourable weather conditions.
How to handle crypto trading gains and losses on your balance sheet
Cryptocurrency taxation and reporting transactions on your balance sheet differ. Here’s how to treat cryptocurrency on your balance sheet.
DApp store for your wallet: Consensys readying cross-chain Metamask Snaps
The upcoming MetaMask Snaps will allow users to interact with different blockchains like Bitcoin and Solana from inside their MetaMask wallet.
Grayscale asks SEC to meet on 'way forward' for Bitcoin ETF conversion
“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale's lawyers wrote to the regulator.
Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time
The CEO of Lightning Koffee launched the coffee startup in October with the aim of onboarding Medellín's businesses to Bitcoin.
AI-coded smart contracts may be flawed and 'fail miserably' when attacked: CertiK
CertiK’s security chief Kang Li thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster.
Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs
“It’s reckless not to aggressively accumulate BTC at current levels,” K33 senior analyst Velte Lund said in a recent report.
Base suffers first major outage since launch
Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix.
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months.
Ethereum price risks losing the $1.6K support as multiple ETH price metrics decline
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support.
Bitcoin range trades as volatility subsides, will TON, LINK, MKR and XTZ follow?
Bitcoin (BTC) tried to break out of its range last week, but the bulls could not sustain the higher levels. Bitcoin is back inside the range and is trading near the $26,000 level. The price action of the past few days has formed two successive Doji candlestick patterns on the weekly chart, indicating uncertainty about the next directional move.
Although it is difficult to predict the direction of the breakout, the downside may be limited in the near term on expectations that the United States Securities and Exchange Commission (SEC) may eventually approve one or more pending applications for a spot Bitcoin exchange-traded fund. Former commission chair Jay Clayton sounded confident when he said in a recent interview that “an approval is inevitable.”
Crypto market data daily view. Source: Coin360In the near term, it is difficult to pinpoint a specific catalyst that could shake Bitcoin out of its range. The lack of clarity about Bitcoin’s next trending move has kept most major altcoins under pressure.
Only a handful of altcoins are showing signs of strength in the short term. Let’s study the charts of top-5 cryptocurrencies that may start a rally if they break above their respective overhead resistance levels.
Bitcoin price analysis
Bitcoin is back inside the $24,800 to $26,833 range, but a positive sign is that the bulls continue to buy the dips as seen from the long tail on the Sep. 1 candlestick.
Bitcoin range trades as volatility subsides, will TON, LINK, MKR and XTZ follow?
Bitcoin’s failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up.
Computer science experts say US should create new fed agency for AI: Survey
According to the 215 computer science professors surveyed, AI might not be as big of a displacer as the C-suite claims.
Bitcoin price metric copies move that last came before -25% FTX crash
Bitcoin SLRV Ratio data performs a moving average crossover absent since before the FTX implosion hit the market.
USD Coin officially expands to Base and Optimism networks
Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.