Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly fraudulent transfers. The following opinion editorial was written by Alex Forehand and Michael […] Source: https://news.bitcoin.com/ftx-targets-binance-and-cz-with-1-8-billion-clawback/
Category: News
US gov’t job could allow Elon Musk to defer capital gains tax
The ‘DOGE’ department proposed by Elon Musk could allow the Tesla CEO to divest many of his assets and defer paying taxes. Source: https://cointelegraph.com/news/elon-musk-government-efficiency-defer-capital-gains-tax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
KARRAT Foundation Introduces Studio Chain: A Dedicated Blockchain for Web3 Gaming and Entertainment
Los Angeles, California, November 15th, 2024, GamingWire The KARRAT Foundation has teased the development of a new chain, Studio Chain. The KARRAT Foundation has revealed plans to develop Studio Chain, a blockchain aimed at enhancing the capabilities of Web3-native entertainment, particularly in the gaming sector. This strategic move aligns with the growing trend of publisher-specific blockchains designed to provide customized…
Bitcoin Whale Turned $120 Into $179 Million—All It Took Was HODLing for 14 Years
When people talk of Bitcoin being a store of value asset, they’re talking about examples like this one: A whale on Thursday moved 2,000 Bitcoin—worth $179 million—after not touching the stash for 14 years. Blockchain data shows that the whale—a crypto investor with huge holdings—received the coins in 2010 when they were worth $0.06 a piece. In total, they held…
XRP outperforms crypto market with a 17% pump — What’s driving the rally?
XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration. Source: https://cointelegraph.com/news/xrp-outperforms-crypto-market-with-a-17-pump-what-s-driving-the-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Could $100K Become Reality This November?
Bitcoin (BTC) is on the brink of a historic milestone, with market analysts projecting that its price could surpass $100,000 before the end of November. The cryptocurrency recently reached a record high of $90,000, bolstered by improving market sentiment and a pro-crypto policy environment expected under President-elect Donald Trump. Record-Breaking Month for Bitcoin Historically, November has been Bitcoin’s strongest month…
Polymarket Turns Up the Heat: Millions Wagered on Paul vs. Tyson Bout
This evening at 8 p.m. ET, AT&T Stadium in Arlington, Texas, will host an electrifying boxing showdown: Mike Tyson, the legendary heavyweight, squares off against Jake Paul, the social media star turned professional fighter. Earlier in the day, Polymarket bettors are already placing their bets on the bout’s outcome. Paul vs. Tyson: Bettors Predict a […] Source: https://news.bitcoin.com/polymarket-turns-up-the-heat-millions-wagered-on-paul-vs-tyson-bout/
Dogecoin Market Trends: A Surge Following Trump-Musk Announcement
Dogecoin (DOGE), the meme cryptocurrency famously associated with Elon Musk, experienced a dramatic surge in value after President-elect Donald Trump announced the creation of a new executive department focused on government efficiency. Dubbed the “Department of Government Efficiency” (DOGE), the initiative sparked excitement not only in political circles but also in the cryptocurrency market, driving Dogecoin’s price higher. The Trump-Musk…
Odds favor Solana ETF in 2025: VanEck
The United States has only approved ETFs for Bitcoin and Ether, versus some 30 digital asset types in Europe, according to the Financial Times. Source: https://cointelegraph.com/news/odds-favor-solana-etf-2025-van-eck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Stock Is Surging on Bitcoin Boom—New All-Time High Incoming?
Coinbase’s (COIN) stock price surged to more than $330—a three-year-high—earlier this week amid a broader cryptocurrency and stock market boom fueled by President-elect Donald Trump’s re-election. The dizzying rally, which peaked on Monday, likewise catapulted MicroStrategy’s (MSTR) stock to a record-high $351 per share, while Bitcoin topped out above $93,000, beating its previous pre-election peak by nearly $20,000. Meanwhile, COIN…