While rumors of an imminent SEC approval on the spot Bitcoin ETF filings spread like wildfire online and triggered bullish sentiment, particularly on BTC, it looks like the financial regulator is not yet ready to allow a crypto vehicle to be available this year.
On top of his appeal's rejection, authorities in South Korea and the U.S. also have warrants and charges filed against him in connection with Terra's implosion.
Bitcoin surged to an 18-month high last week when it traded above the $37,000 price level as industry analysts revealed that the commission has an eight-day window to approve all spot BTC ETF applications.
On Sunday, WLD experienced a gain of 22% after a price drop of 12% following the news of Altman's removal as CEO of OpenAI and from its board Friday.
Unlike BlackRock's spot ETH ETF filing, Fidelity's application did not trigger a massive surge in the price of Ether since the crypto asset was on a downtrend when the news broke.
Aside from debunking one of the "many lies" of Bankman-Fried, Harrison also noted that there were several "sound and promising businesses" being built prior to FTX's bankruptcy but "Sam destroyed it all."
The Web 3.0 market, despite its innovations and growth, is still in its nascent stages.
Poloniex said users of its platform can make deposits and withdrawals as it resumed its services Wednesday.
The report disclosed that several blockchains and projects in the cryptocurrency industry could be affected by Randstorm, including Bitcoin, Dogecoin, Litecoin and ZCash.
During an interview, the ARK Invest founder said, "There's speculation that he's interested in the Treasury Secretary position at some point. What does the Treasury Secretary do? Very focused on the dollar."
The crypto market was surprised earlier this week when a regulatory filing surfaced online showing that BlackRockis pursuing an XRP exchange-traded fund (ETF).
It is considered the largest amount of liquidated longs in just 24 hours since Aug. 17, when Bitcoin nosedived from the $28,000 threshold to around $25,000 in just a matter of minutes.
PayPal said its stablecoin, PYUSD, is just the "next evolution" toward its goal of continuously providing customers with "trust, confidence and ease."
A crypto analyst believes that the recent dip in BTC's price creates an entry point for altcoins.
BlackRock said stablecoins' volatility has "apparently impacted" the value of Bitcoin and given that it is a "relatively new phenomenon," it is "impossible to know all of the risks" they could pose to players in the Bitcoin market.
Currently, the market sentiment is "cautiously optimistic" but industry watchers think that SEC's non-decision on spot Bitcoin ETF could stir market boredom.
Following the recent transfers, the crypto business now only holds 3,408 SOL worth approximately $179,000 in Cold Storage 2.
In the end, the weekly magazine mentioned "promising collaboration," seemingly suggesting that more partnerships with Pacquiao could be on the cards.
Robinhood's shares have nosedived from their peak levels by 86%, despite its breakout during the pandemic as the financial tech app.
XRP immediately erased the massive gains it accumulated after it was proven that the filing was false.
"Users need to be more cautious when downloading and using apps, sticking to official download channels to avoid downloading malicious apps and suffering financial losses," blockchain ecosystem security company SlowMist said.
The crypto market, particularly Bitcoin, is poised for a bull run in the coming weeks or months, with spot Bitcoin ETF applications and the Bitcoin Halving event on the table.
Crypto trader and analyst, who uses the X handle @JacobCanfield, in a recent tweet shared his analysis of Solana, predicting it could increase its market dominance between 12% and 15%.
The number of wallet addresses holding more than $1 million in BTC surged during the previous bull market in November 2021.
MicroStrategy purchased a total of 6,067 BTC for $167 million in Q3 2023, which means it spent $4.69 billion or 29,5686 per BTC.
The defendants were able to withdraw a whopping $953 million after allegedly pressuring FTX employees to speed up their requests and while regular customers faced delays.
While Bithumb has not yet confirmed its IPO plan, it reportedly has chosen tech giant Samsung as its underwriter.
The U.S. Securities and Exchange Commission (SEC) conducted an investigation on whether the Jump Crypto president was involved in a secret agreement with Kwon during the controversial implosion of the Terra ecosystem that wiped billions of dollars in investment in May 2021.
Just like it created a buzz in the market when it filed an application for a Bitcoin exchange-traded fund (ETF), BlackRock sparked a surge in the price of ETH by registering an iShares Ethereum Trust in Delaware on Thursday.
A brief examination of Binance's 38DN2 wallet at 11:53 a.m. ET on Thursday revealed that it had already been emptied, as the billion-dollar transfer had taken place approximately seven hours earlier.
