[ad_1] In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This decision will see the money laundering and sanctions violations charges against the crypto developer drag on for at least the next five months. Mandamus Petition Trial Still Set For November 12 On Friday, November 1, Judge Katherine Polk Failla of the United States District Court for the Southern District of New York in a telephone conference ruled for the adjournment of Tornado Cash’s Storm’s case until April 14, 2025. This ruling pushes the…
Author: dfrancis36
[ad_1] Este artículo también está disponible en español. Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside. However, prominent analyst Carl Runefelt has shared technical analysis indicating that Solana may be primed for a brief correction before staging a rally to retest local highs. Related Reading Runefelt’s analysis highlights signs of renewed strength for SOL, suggesting that the altcoin is preparing for a move that could challenge recent…
[ad_1] Australian computer scientist and self-proclaimed Bitcoin inventor Craig Wright is facing a contempt of court case over his lawsuit against BTC Core developers and Jack Dorsey’s Square. UK Judge James Mellor put Wright’s lawsuit on hold until the application is resolved on December 18. Wright Faces Contempt Case For Bitcoin Core Lawsuit On November 1, Craig Wright attended a court hearing regarding a contempt of court application for his £911 million lawsuit, worth $1.2 billion, against Bitcoin Core developers and Square Up European Ltd. As a response, the Cryptocurrency Open Patent Alliance (COPA) filed a contempt application form, arguing…
[ad_1] On Friday, Strive Asset Management, a firm co-founded by investor and presidential advisor Vivek Ramaswamy, announced the launch of a new wealth management division. The initiative aims to provide “true financial freedom” for clients by integrating Bitcoin into investment portfolios as a hedge against long-term economic risks. Strive’s Focus On Crypto Investments The firm’s focus on Bitcoin concerns “persistent global challenges” such as unsustainable debt levels, rising fixed-income yields, long-term inflationary pressures, and geopolitical instability. Strive intends to equip everyday Americans with a robust defense against these anticipated risks by incorporating Bitcoin into standard portfolios. The firm’s CEO Matt Cole stated:…
[ad_1] Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the…
[ad_1] Este artículo también está disponible en español. Bitcoin is showing resilience, holding firm above the $69,000 mark after a slight pullback from recent local highs at $73,600. Following weeks of bullish momentum and nearing its all-time high, BTC has settled just below the critical $73,794 resistance, a key level that, if surpassed, would push the cryptocurrency into price discovery mode. According to data from CryptoQuant, short-term holders are experiencing a net profit-to-loss of negative 20 BTC, indicating a wave of panic selling among retail investors. This type of behavior, often driven by fear, uncertainty, and doubt (FUD), can precede…
[ad_1] MicroStrategy’s (MSTR) Bitcoin (BTC) play garners attention as Canaccord recently dubbed its ‘intelligent leverage strategy’ ideal for investors to gain exposure to BTC. MicroStrategy Stock Ideal For Gaining Bitcoin Exposure In a research report published yesterday, financial services firm Canaccord reiterated that buying MicroStrategy stocks remains one of the best ways for investors to gain exposure to BTC. The firm acknowledged MicroStrategy’s overall Bitcoin acquisition strategy, including its latest ‘21/21 plan’, which involves a $42 billion capital inflow split evenly between At The Market (ATM) equity offerings and fixed-income securities. The amount above will finance future BTC purchases and…
[ad_1] A cryptocurrency exchange called Paribu recently conducted a survey highlighting a notable trend in Turkey: an increasing preference for crypto over traditional investment options such as stocks and real estate. The “2024 Cryptocurrency Awareness and Perception Survey” survey involved interviews with 2,002 individuals familiar with crypto and 541 interviews with those actively trading in the digital asset market. Result Of The Crypto Survey While gold remains the top investment choice among Turkish investors, preferred by 56% of survey participants, cryptocurrencies have gained traction as the third most favored asset class, following foreign currency. Crypto comes third on traditional investments in Turkey. |…
[ad_1] Cryptocurrency analyst and trader Michaël van de Poppe is highlighting a Solana (SOL) competitor that he believes could skyrocket massively during this cycle. In a new video, Van de Poppe tells his 166,000 YouTube subscribers that the native token of the layer-one blockchain Sei (SEI) possesses a “lot of upside” potential. According to Van de Poppe, Sei could go up by between 1,188% and 3,765% from the current level. “…If we have an estimate of anything between $50 to $100 billion [in Sei’s fully diluted valuation], knowing that the ecosystem is currently growing as big as it is and…
[ad_1] Ethereum (ETH) exhibited a dual-phased market movement in the last week rising by over 9% to reach a local peak of $2,711 on October 30, before declining by an almost similar measure. As the prominent altcoin now hovers around the $2,500 price mark, crypto analyst Ali Martinez has highlighted an important market condition that could ignite a price rebound. Ethereum Buy Signal Subject To Vital Price Support In an X post on November 1, Martinez stated that TD Sequential has indicated a buy signal on the ETH 4-hour chart. For context, the TD Sequential commonly used trading indicator to…