Elon Musk, the billionaire entrepreneur, is facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) for failing to comply with a subpoena for his testimony related to his acquisition of Twitter/X shares. The SEC has accused Musk of not appearing for a testimony scheduled for September 15, which had been served to him […]
Sam Bankman-Fried, the founder of Alameda Research, a trading desk, and Gary Wang, one of the co-founders of the cryptocurrency platform FTX, have been embroiled in a legal battle. Wang has accused Bankman-Fried of wire fraud, alleging that Alameda Research had access to privileged information and resources on FTX, including the ability to withdraw funds […]
Analyst DonAlt, who accurately predicted the crypto bottom in November of 2022, is expressing bullish sentiment on Chainlink (LINK). DonAlt has 53,400 YouTube subscribers and tells them that Chainlink is one of the “best-looking altcoins” in regards to price action. He believes that if the range breaks out, it could go to $14 or double […]
Binance, one of the world’s largest cryptocurrency exchanges, has seen its market share drop for the seventh consecutive month in September 2023. According to data from cryptocurrency data provider CCData, Binance’s spot market share fell from 38.5% in August to 34.3% in September, and its derivatives market share tumbled from 53.5% to 51.5%.Research analyst Jacob […]
Gary Wang, former CTO of FTX, testified in court on the third day of SBF’s trial. He pleaded guilty and admitted to committing crimes at FTX with Nishad Singh, Caroline Ellison and Sam Bankman-Fried. Wang revealed that FTX made money through trading fees and that the sister platform Alameda Research was created to make it […]
Harambe Token is a revolutionary artificial intelligence meme token that is set to disrupt the cryptocurrency trading space. It is backed by a powerful A.I. neural network auto-trading bot that is built upon years of historical trades, elite hedge fund strategies, and the wisdom of seasoned traders. The token is designed to democratize financial returns […]
Ripple’s XRP is following a bullish path above the $0.50 pivot zone. A major rising channel is forming with support near $0.5140 on the 4-hour chart. The price could dip to $0.5140 before it marches higher and clears the $0.550 resistance.Earlier this week, the XRP price increased strongly from the $0.505 support zone. The price […]
Yassin Mobarak, founder of the private equity firm Dizer Capital, believes that the United States Securities and Exchange Commission (SEC) could withdraw all accusations against Ripple and its CEO Brad Garlinghouse. Mobarak claims that the SEC is using litigation to maintain uncertainty in the crypto sector and that a trial could expose their corruption. The […]
Lennix Lai, the global chief commercial officer at crypto exchange OKX, recently spoke with Cointelegraph at the Blockchain Economy Summit in Dubai. He discussed the differences between working in traditional finance and crypto, how OKX handled the wave of exchanges implementing mandatory Know Your Customer (KYC) checks, and how the exchange navigates the rapidly changing […]
Hong Kong is making progress in allowing individual investors to trade cryptocurrencies, but retail stablecoin trading is not yet allowed. Christian Hui, the Secretary for Financial Services and the Treasury, recently stated that Hong Kong has not adopted regulations for stablecoins like Tether USDT and USD Coin USDC, meaning retail investors are not allowed to […]
