Bitcoin (BTC) extended its two-day decline on Wednesday after the Federal Open Market Committee (FOMC) minutes confirmed the Fed’s decision to hold “the target range for the federal funds rate at 3-½ to 3-¾ percent.” While the Fed maintains...
A Manhattan federal judge has denied FTX CEO and co-founder Sam Bankman-Fried’s motion for a new trial, rejecting his claim that there is new evidence.Judge Lewis Kaplan, who oversaw Bankman-Fried’s trial in 2023 and sentenced him to 25...
Key takeaways:Persistent spot market accumulation from Bitcoin ETFs and Strategy provided a price floor for Bitcoin and threatens to trigger a short squeeze.Negative funding rates and cautious options skews could trap bears if the Federal Reserve policy shifts...
Bitcoin was “rejected” from the $80,000 price level, which is its next resistance zone on the way to reclaiming the $100,000 psychological price level.
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The group spent tens of millions of dollars on luxury items and real estate, using funds stolen from crypto users in social engineering scams.
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The crypto-aligned Fellowship political action committee (PAC), led by stablecoin issuer Tether’s head of government affairs, reported spending more than $3 million on advertising related to US Senate and House races, with the majority going toward to support...
Blockstream CEO Adam Back, the British cryptographer and inventor of Hashcash, said it’s “flattering” that people think he’s Satoshi Nakamoto and was probably the result of his being a little too “talkative” on the cypherpunk mailing list that...
Prediction market exchange Kalshi is reportedly preparing to expand into cryptocurrency trading by introducing perpetual futures contracts, marking a major shift beyond its core event-based derivatives business.In a Tuesday report, The Information cited people familiar with the matter...
John Oliver, host of HBO’s Last Week Tonight, targeted prediction market platforms on his show’s latest weekly deep dive.In Sunday’s airing of the HBO show, Oliver discussed some of the trivial event contracts on platforms such as Kalshi...