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Roger Ver, an early bitcoin investor who was once known as “Bitcoin Jesus” for his support of the cryptocurrency, was indicted for alleged tax fraud last year and could be sentenced to life in prison. Now, many industry veterans are coming to his support, including Ethereum co-founder Vitalik Buter…
As bitcoin's price wilts, traders on crypto exchange Bitfinex are living up to their reputation of being dip buyers, offering some hope to battered crypto bulls given their track record of predicting market peaks and troughs.The number of bitcoin bought on Bitfinex with borrowed cash, a bet that th…
For decades, your investment portfolio has revolved around a key academic idea that hasn’t held up very well: efficient markets. There’s a direct line from the efficient markets theory of Eugene Fama in the 1960s to modern portfolio theory. It paved the way for index funds, a strategy that has not o…
MetaMask, the popular self-custodial crypto wallet for the Ethereum network, shared a flurry of announcements on Thursday, aimed at improving its wallet's user experience.Part of Metamask's revamped roadmap includes adding smart contract capabilities to its current wallet. At the moment, MetaMask i…
What if artificial intelligence agents could hire other AI agents to help them with their work?That’s essentially the idea behind Mech Marketplace, a decentralized platform from crypto-AI firm Olas that enables easy collaboration between various AI agents on an autonomous basis.“We’re not at a poin…
Gotbit founder Aleksei Andriunin, a 26-year-old Russian national, was extradited to the U.S. on Tuesday to face fraud charges stemming from allegations that his firm participated in a “wide-ranging conspiracy” to manipulate token prices for paying client cryptocurrency companies, the U.S. Department…
The crypto market experienced a severe downturn on Tuesday, and according to many on-chain metrics marked a bottom in bitcoin's price. The total crypto market capitalization hovered just above $2.7 trillion—marking a nearly $1 trillion wipeout since its peak in December 2024, according to TradingVi…
Tuesday was a rough day for the crypto market, as bitcoin fell to three-month lows below $87,000, dragging the broader market down. More importantly, investors withdrew funds from U.S.-listed spot bitcoin exchange-traded funds (ETF) at an unprecedented rate.The 11 spot ETFs registered a cumulative …
Bitcoin neared $89,000 in Asian morning hours after a 24-hour low of $86,200, slightly improving market sentiment with major tokens showing signs of a recovery.XRP and BNB Chain’s BNB led a gradual majors rebound Wednesday as traders continue to reel from Tuesday’s carnage — one that saw overall ca…
The token associated with defunct crypto exchange FTX surged briefly Monday night after Sam Bankman-Fried, the founder and onetime CEO of the platform tweeted for the first time in two years.Bankman-Fried, who was convicted on seven different counts of fraud and conspiracy in November 2023, is servi…
Crypto majors slid as much as 14% in the past 24 hours as a Monday sell-off extended into Tuesday amid generally bearish sentiment and the lack of actionable catalysts that may help support the market.Solana’s SOL fell 14% — bringing 7-day losses to over 20% — while dogecoin , xrp and ether fell m…
The U.S. Securities and Exchange Commission (SEC) is closing its investigation into major non-fungible token marketplace OpenSea, the platform’s founder and CEO Devin Finzer said on social media.The regulator issued a Wells notice against OpenSea in August 2024, indicating it was planning on pursuin…