Crypto

Source: Bitcoinist The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs. …

Source: Coin Tegraph SafeMoon chief technology offer Thomas Smith is now pleading guilty to allegations that he took part in a $200 million crypto scheme. Read Full Article

Source: Coin Tegraph Illuvium CEO Keiran Warwick said it was a “somber moment” as the blockchain gaming firm made the decision to cut its workforce by 40%. Read Full Article

Source: Bitcoinist Collapsed cryptocurrency exchange FTX has announced the commencement of payouts to users with claims below $50,000, marking a significant step in its recovery process.  According to a recent announcement, these creditors will receive approximately 119% of their adjudicated claim value, which includes an annual interest rate of 9% accrued since November 2022. Kraken…

Source: Coin Tegraph The price of Litecoin spiked more than 8% as Canary’s spot Litecoin ETF made a move to prepare for its potential approval. Read Full Article

Source: Bitcoinist The US Securities and Exchange Commission (SEC) announced on Monday the establishment of the Cyber and Emerging Technologies Unit (CETU), aimed to combat misconduct in the crypto and artificial intelligence (AI) sectors. SEC’s Strategic Move To Combat Cyber Misconduct According to an official release from the SEC, the CETU will replace the previous…

Source: Coin Tegraph A former payroll manager for Bybit who stole $5.7 million from the crypto exchange has been handed a nearly 10-year prison sentence in Singapore. Read Full Article

Source: Bitcoinist After a sudden pullback a few days ago, Bitcoin seems to have briefly regained its upside momentum, rising from about $93,300 to $96,300. Despite the slight rebound, BTC’s price is still trending within a key range that is likely to determine its next trajectory in the short term. Sideways Price Action Persists For…

Source: Coin Tegraph Ver was arrested in Spain last April and charged with tax evasion, with US authorities claiming he underreported capital gains made from Bitcoin sales in 2014. Read Full Article

Source: Coin Tegraph “The real promise is if you own 4-6 million BTC, you’re going to pay off the national debt,” says the Strategy founder. Read Full Article