Sam Bankman-Fried, founder of collapsed crypto exchange FTX, withdrew his request for a new trial because he doubted he would get a fair hearing in a letter to the judge overseeing his case. Bankman-Fried, who is serving a 25-year prison sentence after being convicted of seven counts of fraud and conspiracy related to FTX’s 2022 […]
The crypto market fell on Thursday, with bitcoin BTC$77,395.54 losing 0.7% since midnight UTC to recently trade at $77,600. The decline comes after the largest cryptocurrency hit its highest level since January on Wednesday, before sellers stepped in just below the $80,000 resistance level. Oil prices rose 1.5% to $103 a barrel overnight following reports
Crypto Falls Despite Breakout Signals, Traders Bearish: Crypto Markets Today Read More »
Cryptocurrency venture capital firm Blockchain Capital is raising $700 million for two new funds, Bloomberg reported Thursday. The San Francisco-based firm is currently raising its seventh seed fund and second growth fund, which are expected to be completed in the next five to six months, according to the report, citing a person familiar with the
Coinbase backer Blockchain Capital seeks $700 million in new funding Read More »
It is not surprising that there is currently a general shift from blockchain to artificial intelligence. Every week there is another report of a company or individual leaving the cryptocurrency industry entirely or adding artificial intelligence to their portfolios. Bitcoin miners are moving away from mining to increasingly focus on AI infrastructure and venture capitalists
OpenAI appears to be poaching Coinbase’s marketing team Read More »
Bitcoin price today: Stable above $78,000 as tensions in Hormuz offset ceasefire relief
Bitcoin price today: Stable above $78,000 as tensions in Hormuz offset ceasefire relief Read More »
A 5% stake in AI coding startup Cursor, which bankrupt FTX sold for $200,000 in April 2023, would be worth about $3 billion today, following SpaceX’s deal this week to acquire the company at a valuation of $60 billion. SpaceX said Monday it has the right to buy Cursor later this year for $60 billion
A key indicator for tracking the overall health of bitcoin BTC$78,352.68 the market just issued a neutral signal for the first time since prices peaked above $126,000, signaling that the bear market may be over. But here’s the catch: the indicator’s neutral reading turned out to be a false signal a few years ago. This
What’s Next as Bitcoin’s (BTC) Bull Score Index Leaves Bearish Territory? Read More »
Input Output, the private engineering firm that built and continues to develop the Cardano blockchain, is seeking about half of the funding it requested last year from the project’s community treasury. The company on Tuesday submitted nine proposals totaling $46.8 million for 2026, up from $97.5 million in 2025. Several of the proposals focus on
Bitcoin DeFi Launched $46 Million Proposal Requested by Cardano Team Read More »
Bitcoin BTC$77,873.31 fell slightly after briefly approaching the $80,000 mark on Tuesday. At the time of writing, it was trading at $77,794, still up 0.4% over the past 24 hours, after hitting a high of $79,388 before gradually falling during the overnight session. The 24-hour low of $77,464 was set on Thursday morning, meaning the
Bitcoin fails to surpass $80,000 and falls back below $78,000 Read More »
Ten months ago, Eric Trump posted on X how much he loved Justin Sun. This week, he compares a lawsuit filed by Sun to the famous banana stuck for $6 million. Sun filed a lawsuit Monday in the Northern District of California, accusing World Liberty Financial of illegally freezing approximately four billion WLFI tokens worth
