CRYPTO

The Bitcoin value surge has ended the crypto market's long winter, with predominantly inactive long-term holders signaling a bullish sentiment.

The recent shift in Bitcoin dominance suggests that new investors are entering the market, as it follows a long period of market downtrend.

Currently, there are 12 spot Bitcoin ETF applicants awaiting a decision from the Securities and Exchange Commission (SEC).

John Deaton made the claim in a post on X in response to Ripple Labs chief legal officer Stuart Alderoty, who said the court ruling on the SEC vs Govil case underlined that the financial regulator cannot ask for a "crippling disgorgement award without first proving that 'investors' suffered actual financial harm. In other words, no harm, no foul."

Musk has over the years swayed prices of numerous crypto assets, especially DOGE with just his online posts. The tech billionaire can easily create his own cryptocurrency, but it appears that he is reluctant to officially launch one, and he hasn't explained why.

After his conviction on all seven charges, the question about the funding of SBF's legal war chest has once again surfaced, but this was already answered by a March report from Forbes, which highlighted the link between SBF's legal defense and the controversial use of Alameda Research funds.

Considering the disclosures of FTX advisors, it looks like privacy and anonymity are not at all guaranteed, particularly in centralized crypto exchange platforms like Sam Bankman-Fried's FTX.

Based on the post, the upcoming initiative may have something to do with Shiba Identity since it mentioned that those interested need to submit basic contact information.

Engineers of cryptocurrency exchange platforms are being targeted by the Lazarus Group using the novel macOS malware known as KandyKorn.

Block's Bitcoin revenue represented 43% of its $5.6 billion total revenue, driven by heightened consumer demand and positive spending, boosting its overall Q3 growth.

"Sam Bankman-Fried thought that he was above the law. Today's verdict proves he was wrong," U.S. Attorney General Merrick B Garland said in a statement.

The blockchain firm announced that its native cryptocurrency XRP has been approved under the Dubai Financial Services Authority's virtual assets regime.

The SEC's enforcement action came a few months after PayPal officially launched its stablecoin dubbed PayPal USD (PYUSD).

The SEC's latest move came after Kwon and TFL's lawyers filed a motion for summary judgment with the U.S. District Court for the Southern District Of New York last week.

Former crypto tycoon Sam Bankman-Fried was found guilty Thursday by a New York jury on all seven counts of fraud, embezzlement and criminal conspiracy.

U.S. Assistant Attorney said SBF's ''Good Morning America'' interview was merely part of a media blitz following the collapse of his crypto empire.

The Shiba Ecosystem marketing specialist teased about another initiative dropping next week, which she described as another pioneering feature of ShibaSwap 2.0 aside from the Shiba Name Service.

MicroStrategy is seemingly maintaining its bullish accumulation of Bitcoin showing no sign of slowing down as the fourth Bitcoin halving approaches and spot Bitcoin exchange-traded fund (ETF) approval by the U.S. Securities and Exchange Commission (SEC) appears imminent.

Kusama disclosed that they could have owned a French luxury sports car Bugatti instead, they decided to invest the money in the development of "Shiba Eternity."

Former cryptocurrency whiz kid Sam Bankman-Fried knowingly stole money from customers of his FTX platform, US prosecutors told a federal court in closing arguments on Wednesday.

The value of XRP started to surge 10% over the weekend leading to its price reaching the $0.60 price level for the first time since Aug. 16.

USDC is the second-largest stablecoin in the market, with a supply of $25 billion.

Bitcoin's price has risen strongly in recent weeks with the United States possibly set to allow a popular type of trading in the cryptocurrency that would further normalise the asset.

Shin, whose assets in South Korea were frozen by authorities, distanced himself from Kwon. He is facing trial for fraud, illegal fundraising and capital market law violation.

The appearance of the ticker on DTCC's official site is considered a significant development in the progress of the Bitcoin ETF applications of several Wall Street giants.

The agenda of an upcoming closed-door meeting of the SEC was published online and suggested that the regulator may include in its Thursday meeting a review of settlement and resolution claims.

The number of wallets in profit as of Monday was 39.1 million, which is by far the highest number ever recorded for the crypto asset, surpassing the 38.1 million peak seen in November 2021.

Lawyers of Kwon and Terraform Labs said the financial regulator has failed to provide evidence to support the claims made in the lawsuit.

The HUB, announced during the Blockchain Futurist Conference 2023 in Canada in August, is a super app founded on the framework of Shibdentity.