Sam Bankman-Fried files appeal for felony conviction – Cointelegraph
Lawyers representing the former CEO of cryptocurrency exchange FTX, Sam “SBF” Bankman Freed, have filed a long-awaited appeal of his conviction on seven felony charges and a 25-year prison sentence. SBF's legal team filed a 102-page brief with the U.S. Second Circuit Court of Appeals on September 13, arguing that the former FTX CEO “was […]
Does Bitcoin’s negative funding rate signal that bears are in total control? – Cointelegraph
Bitcoin (BTC) prices fell 2.2% on September 11 following the release of the U.S. Consumer Price Index, but recovered to the $56,500 level within hours. This move was closely linked to the movement of the S&P 500 Index, which fell 1.6% on September 11 as U.S. Consumer Price Index growth hit its slowest level in […]
Bitcoin price eyes’ last dip’ before October breakout: Analysts – Cointelegraph
Bitcoin is set to surge in October, according to analysts who foresee one last major correction before the parabolic phase of the bull market. Final BTC Price Drop Before Breakout? According to popular crypto analyst Mags, the Bitcoin (BTC) bull market could experience another big pullback before the next uptrend, based on technical chart formations. […]
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG – Cointelegraph
Bitcoin investors should prepare for a “seasonal struggle” in September, according to Bitcoin financial services platform NYDIG, as the month has historically seen the lowest average returns. “Unfortunately, near-term catalysts for Bitcoin are scarce at present.” Written Greg Cipollaro, head of global research at NYDIG, said in a market update on September 10th: Cipollaro added […]
Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO – Cointelegraph
Matt Hogan, chief investment officer at asset management firm Bitwise, said in a Sept. 9 post on the X-Platform that wealth advisors are adopting Bitcoin (BTC) exchange-traded funds (ETFs) “at a faster pace than any new ETF in history.” Hogans post It was a response to my previous X. post Investment researcher Jim Bianco characterized […]
Bitcoin ETFs record combined $1.2B in outflows in 8 days – Cointelegraph
Eleven U.S.-based bitcoin exchange-traded funds (ETFs) saw a combined net outflow of $1.2 billion over an eight-day period. September 9, Bloomberg data Showed Investors withdrew roughly $1.2 billion from 11 listed physical Bitcoin (BTC) ETFs between Aug. 30 and Sept. 6, the longest streak of outflows since their inception on Jan. 10. The U.S.-based Bitcoin […]
Bitcoin traders brace for sub $52K BTC price as crypto and macroeconomic headwinds intensify – Cointelegraph
Bitcoin (BTC) prices are trading 10% above the eight-month low of $49,577 hit on Aug. 5, as traders worry that the cryptocurrency may hit new lows below $52,000 before reversing. BTC/USD daily chart. Source: Trading View On September 6, Bitcoin extended its correction, falling more than 5.9% from a record high of 56,984 to hit […]
Ether ETF flows turn positive for first time in 2 weeks, bolstered by BlackRock – Cointelegraph
Inflows into Ethereum exchange-traded funds (ETFs) have turned positive for the first time in two weeks. Nine U.S. spot Ether (ETH) ETFs recorded a cumulative net inflow of $5.9 million worth, marking their first strong day since Aug. 14. BlackRock's ETF (ETHA) saw the largest single-day inflows, at $8.4 million, according to Far Side Investors. […]
Price analysis 8/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB – Cointelegraph
Bitcoin (BTC) continues to experience random and volatile price fluctuations within a range of $55,724 to $73,777. It is difficult to predict the direction of a breakout from this range, but long-term investors remain bullish. According to data from CryptoQuant, net outflows from exchanges on August 27 were approximately 45,000 Bitcoin, the third-highest outflow ever. […]
Bitcoin bulls run risk of 'Bart Simpson' BTC price dip to $62K – Cointelegraph
Bitcoin (BTC) reached a weekly close near $64,000 on Aug. 25, but analysis warns that BTC’s price rally may soon be reversed. BTC/USD 1-hour chart. Source: TradingView BTC Price Struggles to Maintain Gains Data from Cointelegraph Markets Pro Trading View BTC/USD traded sideways over the weekend after sharply rising at the end of the previous […]