U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents
U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documentsThe former FTX CEO's lawyers argue that the government is overwhelming their client without allowing him the ability to adequately prepare his case.
Happy Saturday!The global crypto market cap is $1.05 trillion, with a 24-hour volume of $18.57 billion. The price of Bitcoin is $26,044.96, and BTC market dominance is 48.3%. The price of Ethereum is $1,650.77, and ETH market dominance is 18.9%. The best-performing sector is Cannabis, which gained 86%. The Crypto Fear & Greed Index is currently Extreme Fear (38). Top News
U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documentsThe former FTX CEO's lawyers argue that the government is overwhelming their client without allowing him the ability to adequately prepare his case. How Bitcoin’s falling reserve risk counters its price declineBitcoin's reserve risk shows long-term holder confidence strengthened despite recent price dip. Pepe founder blames ‘nefarious ex-team members’ for unexpected $16M withdrawalThe Pepe founder has vowed to burn the remaining tokens from the affected wallet after paying for necessary purchases or donations. Latest Insights
More NewsRep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’The House Financial Services Committee chair described the proposal as overbroad and contrary to the legislation under which it is proposed. Dropbox drops unlimited storage plans, citing abuse by crypto minersThe popular cloud storage service blamed the decision in part on cryptocurrency miners, but did not provide details on how they leveraged the service. Brian Armstrong to headline DeSci sessions at forthcoming Sora SummitSora Ventures' upcoming industry event will explore DeSci, NFT utility, DeFi infrastructure, Bitcoin ecosystem developments, and more. Fed Chair Jerome Powell discusses target interest and inflation rates at Jackson Hole summitThe chair of the U.S. central bank once again warned that inflation rates remain too high as the economy grows at a unexpected pace.
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Bitcoin’s most active supply hits 8-year low
Friday, August 25, 2023
Bitcoin's supply dynamics are helpful when analyzing the market, as they provide a window into the trading behavior of its vast user base.
What is a top-heavy market, and are we in one?
Thursday, August 24, 2023
Bitcoin price is still vulnerable under the weight of the growing supply held at an unrealized loss.
Bitcoin dips but options market holds steady
Wednesday, August 23, 2023
Stable open interest shows the options market remained relatively unfazed by Bitcoin's price drop.
Sam Bankman-Fried allowed to meet with lawyers for supervised, one-time Internet access
Tuesday, August 22, 2023
The six-and-a-half hour meeting represents the only court-approved Internet access that Mr. Bankman-Fried currently will be allowed.
Vitalik Buterin stirs market uncertainty with $1M Ethereum transfer to Coinbase
Monday, August 21, 2023
Ethereum price has struggled considerably since last week's flash crash.
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