SBF Trial – Week 4 concludes with SBF telling jury he was blindsided by $8B shortfall
SBF Trial – Week 4 concludes with SBF telling jury he was blindsided by $8B shortfallAlmost the entirety of the day was dedicated to SBF's testimony, which gave the courtroom further insights into the inner workings of FTX and Alameda from his perspective.
Happy Saturday!The global crypto market cap is $1.26 trillion, with a 24-hour volume of $30.1 billion. The price of Bitcoin is $34,146.83, and BTC market dominance is 53.0%. The price of Ethereum is $1,787.00, and ETH market dominance is 17.1%. The best-performing sector is Yield Farming, which gained 8%. The Crypto Fear & Greed Index is currently Greed (65). Top News
SBF Trial – Week 4 concludes with SBF telling jury he was blindsided by $8B shortfallAlmost the entirety of the day was dedicated to SBF's testimony, which gave the courtroom further insights into the inner workings of FTX and Alameda from his perspective. Join us at Newconomics 2023, Nov. 14-15, in LisbonAd: A new event is launching on the fringe of the Web Summit in Lisbon this year, highlighting the future of work on the blockchain. HUMAN Protocol, the decentralized, automated solution to work, is hosting Newconomics so that technologists, business people, and the curious can learn how the blockchain can work in a host of new applications. Thousands of Coinbase users sign up as potential amicus curiae in legal fight with SECThe ongoing legal battle between the SEC and Coinbase is set for oral argument by next January. Sam Bankman-Fried takes the stand with jury present in second day of testimonyThe FTX founder first testified on Oct. 26, but not in the presence of the jury. Dive into the Halloween Season with a $40,000 USDT Prize Pool!
Ad: Spooky season gets rewarding with Bitget! Join their special Halloween promotion from October 18 to October 31. Whether you're a new user or a regular, you have exciting chances to win. The treats are endless, from raffles to spins and even an extra bonus for our newest members. Don't miss out on their 50% cashback offer and ensure you're part of the chance to share in the $40,000 USDT prize pool! Promotion available for EN users only. T&Cs apply. More NewsGemini sues Genesis over $1.6B worth of Grayscale Bitcoin Trust shares originally posted as collateralThe complex web of interactions between Gemini, Genesis, and its parent firm, Digital Currency Group has spawned yet another in a series of high-profile lawsuits. Hester Peirce objects to SEC’s handling of LBRY caseThe commissioner said the case "illustrates the arbitrariness and real-life consequences" of what she held was disproportionately severe penalization. GAM3 Awards return to showcase the best in web3 gamingOrganized by GAM3S.GG and Magic Eden, the GAM3 Awards will return to honor excellence in web3 gaming on Dec. 14. Checkin.com: Innovating fast and secure KYC for Crypto & Web3
Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive.
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SBF Trial – Prosecution no longer expects early conclusion after SBF decides to testify
Thursday, October 26, 2023
The prosecution, which previously expected the case to reach a head by Oct. 30, believes the case will now take much longer to conclude due to the complications arising from SBF's testimony.
Bitcoin retracts and rebounds after BlackRock’s new ETF ticker removed from DTCC website
Wednesday, October 25, 2023
Bitcoin's days-long run-up in anticipation of an SEC decision—as well as each sudden contraction—indicates a market on edge.
BlackRock could ‘seed’ spot Bitcoin ETF by the end of October, filing suggests
Tuesday, October 24, 2023
The asset manager is expected to contribute an unknown amount of funding to the ETF.
Bitcoin recent rally pushes MicroStrategy into over $110M in paper profit
Monday, October 23, 2023
Michael Saylor's data shows that BTC has outperformed traditional assets like gold, Nasdaq, Silver, and bonds since MicroStrategy adopted the Bitcoin strategy in 2020.
Bitcoin data shows a growing trend of dormancy as hodlers remain strong
Sunday, October 22, 2023
Bitcoin liquidity crisis looms as hodlers sit tight on historic high supply.
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