In New York, a former FTX executive named Nishad Singh was spared a prison sentence on Wednesday. The federal judge commended Singh's significant cooperation in exposing the multibillion-dollar fraud orchestrated by FTX's founder, Sam Bankman-Fried. Singh, who was the company's engineering director,
Bitcoin has hit a new high, soaring over $72, 000—a benchmark it hasn’t seen since spring. This surge comes as investors consider upcoming elections and inflation fears. The world's most valuable cryptocurrency, with a market value of over $1. 4 trillion, has shot up by about 6% on Tuesday. In simp
A University of Tennessee professor has taken legal action against the Tennessee Valley Authority (TVA). The professor, Melanie Faizer, is arguing that TVA is not complying with the Freedom of Information Act (FOIA) after she requested documents about incentives given to cryptocurrency companies lik
Bitcoin's price is hovering around $72, 000, just days before the U. S. elections. This event could impact the cryptocurrency market, regardless of who wins. Eric Beiley, a managing director, thinks Bitcoin's recent surge might signal a Trump victory. But the outcome is still uncertain. Many people
Bitcoin, the OG cryptocurrency, is still the market leader with a whopping $1. 1 trillion market cap. It's known for its wild price swings, just like the ones we saw today with a 0. 79% increase. So, what's the deal with Bitcoin's price? It's not just about the economy or big companies accepting it—
Microsoft is facing a big decision. On December 10, its shareholders will vote on whether the company should invest in Bitcoin. This vote comes after a conservative think tank, the National Center for Public Policy Research, suggested that Bitcoin could be a great way to protect against inflation. B
In the upcoming election, crypto billionaires have shown their political colors. Some have backed former President Trump, who now supports crypto, while others have chosen Vice President Harris. Tyler and Cameron Winklevoss, the twins behind Gemini, have donated millions to Trump's campaign, unhappy
Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that
Bitcoin's price is soaring, reaching about $68, 000, up by 9. 5% over the past week and 2. 8% in a single day. This surge is fueled by investors flocking to U. S. spot bitcoin ETFs, which saw a massive inflow of over half a billion dollars in one day. According to Farside, this is the largest daily
Bitcoin has seen a big jump in price, up by 12% in the last month. This increase happened as Donald Trump's chances of winning the presidential election rose in betting markets. Investors are excited about having a "crypto-friendly president, " and they're showing this by buying more bitcoin. Analys
