Tag: Crypto

  • Bitcoin Faces Sell-Off Risk as Long-Term Holders Take Profits

    Bitcoin Faces Sell-Off Risk as Long-Term Holders Take Profits

    —

    by

    Issac Lane

    Data shows institutional buying is crucial to sustaining Bitcoin’s upward momentum near $100K. Long-Term Holders Ramp Up Sales in November Bitcoin’s recent price surge to nearly $100,000 has tempted long-term holders (LTHs) to cash in on profits. On-chain analytics from Glassnode reveal that wallets holding Bitcoin for at least 155 days, typically the most stable…

  • Former FTX CTO Gary Wang Avoids Prison Time in Fraud Case

    Former FTX CTO Gary Wang Avoids Prison Time in Fraud Case

    —

    by

    Issac Lane

    Gary Wang’s extensive cooperation with prosecutors earns him leniency in the FTX fraud case. Judge Credits Wang’s Cooperation Gary Wang, the former Chief Technology Officer of FTX and close associate of Sam Bankman-Fried, has been spared prison time for his role in the cryptocurrency exchange’s fraud scheme. Judge Lewis A. Kaplan, who presided over the…

  • Shiba Inu Whale Holds 10% of SHIB Supply, Makes 250,000x Return

    Shiba Inu Whale Holds 10% of SHIB Supply, Makes 250,000x Return

    —

    by

    Issac Lane

    A mysterious investor’s massive holdings raise concerns about SHIB distribution while highlighting the memecoin’s potential. Whale Holds Over 10% of SHIB Supply A mysterious Shiba Inu (SHIB) whale has been revealed to own over 10% of the token’s total supply across 150 addresses. Onchain data shared by blockchain analysis firm Bubblemaps on November 19 shows…

  • Bitcoin Price Nears All-Time High as ETF Options Launch Approaches

    Bitcoin Price Nears All-Time High as ETF Options Launch Approaches

    —

    by

    Issac Lane

    BTC rebounds strongly amid market volatility triggered by geopolitical tensions and upcoming ETF options launch. Bitcoin continues to rally near its all-time highs, defying bearish pressure, with prices touching $93,243 on November 19. The cryptocurrency is inching closer to its record high of $93,700, set just days earlier on November 13, buoyed by upcoming market…

  • Crypto News Roundup: Key Developments Impacting the Market

    Crypto News Roundup: Key Developments Impacting the Market

    —

    by

    Issac Lane

    Today’s crypto news highlights significant events shaping the landscape of decentralized finance, blockchain, and regulation. Here are the main developments: California Court Holds DAO Members Accountable On Nov. 18, a federal judge in California ruled that members of decentralized autonomous organizations (DAOs) could be held liable for the actions of their group under state partnership…