As bitcoin hovers just below the $ 60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $ 20.3 million at today’s rates. 2 Vintage Bitcoin Wallets Suddenly Awaken, Moving $ 20.3 Million On Wednesday, a bitcoin wallet that had …
Veteran Trader Peter Brandt Warns of ‘Biggest Disasters yet to Come in Crypto’
Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters yet to come in crypto.” He predicts significant disasters, bankruptcies, and personal financial losses within the sector. His warning followed the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission […]
Ripple’s CLO Says SEC Is Anything But Infallible — Advises ‘Don’t Be Intimidated When They Come Knocking’
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised investors not to be intimidated when having to deal with the securities watchdog. ‘SEC Is Anything But Infallible’ Ripple’s chief legal officer, Stuart Alderoty, slammed the U.S. Securities […]
It ‘Felt Good’ to Come Clean — Caroline Ellison Reveals Intricacies of FTX Operations in Court Testimony
In a recent courtroom showdown, Caroline Ellison, the former CEO of Alameda Research, provided key insights into the operations of FTX and its alleged improprieties. Her revelations, documented by Inner City Press correspondent Matthew Russell Lee, could play a critical role in the ongoing fraud trial against Sam Bankman-Fried, the former CEO of FTX. Former […]
UBS Expects US Dollar Dominance to Persist for ‘Years to Come’
Swiss investment banking giant UBS expects the U.S. dollar’s reign to live on. “We firmly believe we will be living in a U.S. dollar-centric world for years to come,” the bank’s executive said, adding that there will be some room for competitors. UBS on US Dollar’s Dominance Switzerland-headquartered investment bank UBS has argued that the […]