Eight individuals promoted deceptive demand for stocks via Twitter, Discord and YouTube to sell their shares at a high point. The United States Securities Exchange Commission (SEC) filed a claim against eight individuals associated with Atlas Trading, a Discord-based forum. The forum’s co-founders, affiliated podcasters and Youtubers are being alleged of stock manipulation.  The claim was...Continue Reading

Former Twitter CEO Jack Dorsey highlighted that a solution to Twitter’s censorship issues is making a platform resilient from corporate or government control. With the internal investigation led by Elon Musk identifying censorship-related issues on Twitter, the social platform’s former CEO Jack Dorsey has promoted the idea of a “free and open protocol” for social...Continue Reading

Bitcoin risk-return is now presenting a macro buying opportunity, says Philip Swift as data shows a move from capitulation to accumulation. Bitcoin (BTC) speculators have disappeared from the market and their mood “destroyed,” says popular analyst Philip Swift. In a tweet on Dec. 14, the co-founder of trading suite Decentrader flagged potential maximum risk-returns for...Continue Reading

While Congressman Brad Sherman saw SBF as the poster child of the crypto ecosystem, congressman Tom Emmer highlighted the crypto community’s contribution to uncovering the supposed FTX fraud. The arrest of the former FTX CEO Sam Bankman-Fried (SBF) by the Bahamian authorities served as a cue for anti-crypto proponents to reignite discussions around the dangers of cryptocurrencies. While...Continue Reading

Bahamian regulators said that they were the first to take action against SBF, and recent actions of the current CEO hindered their investigation. The Securities Commission of Bahamas has slammed the current CEO of bankrupt crypto exchange FTX John J. Ray III for his statements regarding the ongoing investigation into FTX.  In a press release...Continue Reading

Not all Wyckoff accumulation setups lead to massive price rallies as far as the Bitcoin and cryptocurrency markets are concerned. On Dec. 2, independent market analyst Stockmoney Lizards said Bitcoin (BTC) had entered the process of bottoming out inside its current $15,500-$18,000 price range, citing Wyckoff Accumulation. Wyckoff Accumulation is a classic technical analysis setup,...Continue Reading

A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF. White House press secretary, Karine Jean-Pierre, declined to answer questions from a reporter on whether United States president Joe Biden will return the $5.2 million in campaign donations previously given by FTX founder Sam...Continue Reading

Binance’s US arm has rolled out a feature for US customers called “Pay” which was launched by its global parent to users outside the US in 2021. United States crypto exchange Binance US has finally rolled out its Binance Pay service — some 22 months after the feature was launched by the global exchange to...Continue Reading

The consultation paper will give an insight into how certain crypto assets should be regulated alongside frameworks for company licensing, asset custody and consumer protections under token mapping. Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector...Continue Reading

The move comes in response to a wave of mainstream media attacks and FUD, primarily from the Wall Street Journal. The world’s largest stablecoin issuer, Tether, has pledged to eventually stop the practice of lending out funds from its reserves, saying it is “mission critical to restore faith” in the crypto market.  In a Dec....Continue Reading