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Category: BitCoin

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The First Photo Of Sam Bankman-Fried In Jail Was Exposed

Key Points: Tiffany Fong shares a photo of Sam Bankman-Fried in jail, showing significant physical change. Bankman-Fried reportedly faces challenges in detention, including extortion attempts. Speculation surrounds lighter sentencing for Bankman-Fried, potentially influenced by FTX’s reimbursement plans for fraud victims. Cryptocurrency influencer Tiffany Fong has unveiled a startling image purportedly showing Sam Bankman-Fried in jail…
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eBay Web3 Team Cut 30% Amid Its NFT Business May Close

Key Points: eBay is reevaluating its NFT strategy, with reports of significant layoffs within the eBay Web3 team, including the resignation of Stef Jay, the business and strategy officer. Recent changes follow eBay’s acquisition of NFT marketplace KnownOrigin in June 2022 and the subsequent purchase of TCGplayer, signaling a significant investment in digital collectibles. eBay…
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Binance Lists Starknet (STRK) On Feb 20, Massive STRK Distribution Begins!

Key Points: Binance to list Starknet (STRK) on February 20, 2024. Starknet Foundation launches event, distributing 40 million STRK. Starknet schedules airdrop of 728 million tokens for February 20. Binance lists Starknet (STRK) on Feb 20, 2024. The Starknet Foundation will distribute 40M STRK to DeFi protocols over 6-8 months. Binance has announced the listing…
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Market Overview (Feb 12–Feb 18): MicroStrategy’s Profits and Bitcoin’s Record Highs

Key Points MicroStrategy’s profits were reported at $3.5 billion, emphasizing the potential of crypto investments. The Federal Reserve Chairman called for a legal framework for stablecoin amid crypto market expansion. Bitcoin is reaching new all-time highs after 2 years, partly due to the forthcoming ‘halving’ event and Bitcoin ETFs. Get an in-depth look at crypto’s…
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BNB, VET, RNDR and KAS flash bullish as Bitcoin bulls fight to hold $52K

Bitcoin could face headwinds at $52,000, but BNB, KAS, VET, and RNDR may continue to move higher. Inflows into the spot Bitcoin  exchange-traded funds (ETFs) topped $2.2 billion between Feb. 12 and Feb. 16, indicating a strong investor appetite. Bloomberg analyst Eric Balchunas said in a X post that BlackRock’s iShares Bitcoin Trust (IBIT) has attracted year-to-date…
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Worldcoin soars 140% in a week as wallet app hits 1M daily users

The price of Worldcoin’s WLD token has surged 141% in the past seven days as the firm notched a daily active user milestone. Worldcoin (WLD) token — a crypto project co-founded by OpenAI CEO Sam Altman has surged more than 140% over the last week, as its daily users ticked over the 1 million mark.…
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Apple yet to remove fake Rabby Wallet app as users report being drained

The malicious app is still on Apple’s App Store four days after it was first discovered and flagged by App Store users. A fake version of Rabby Wallet, a crypto wallet app, has been reportedly wreaking havoc on unsuspecting users of the Apple App Store. On Feb. 16, the team behind DeBank’s Rabby Wallet confirmed…
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Bitcoin price unlikely to hit all-time high before the halving — Here’s why

Bitcoin price might fail to top $70,000 before the April 2024 supply halving, but the longer-term projection looks positive. For investors, turning bullish on Bitcoin is tempting, especially after a 91% rally to $52,000 in just four months ending on Feb. 15. Bitcoin’s current $1 trillion valuation places it among the world’s top 10 tradable…
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FTX creditors sue bankruptcy law firm S&C alleging fraud involvement

FTX creditors are seeking damages against the law firm Sullivan & Cromwell for its prior involvement with the crypto exchange. FTX bankruptcy case has unfolded to a new chapter as the exchange’s creditors have filed a class-action lawsuit against the law firm overseeing the case. In a court filing on Feb. 16, FTX creditors alleged…
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Ethereum traders target $3K, but historical data raises a few red flags for ETH price

ETH bulls call for $3,000 as the next stop for Ether, but the altcoin corrected by 46% the last time it traded above this level. Ether price has been on an upward trend for the past 10 days, accumulating gains of 21.5% during this period as it flirts with the $2,800 level. The bullish momentum in…
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