Bitcoin bulls remain in charge even in the face of increasing regulatory FUD
BTC’s correction to $22,750 followed negative remarks from financial regulators, but key Bitcoin price metrics show bulls remain optimistic.
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IMF Board Offers Guidance for Developing Effective Crypto Policies
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations…
Sam Bankman-Fried’s lawyers request extension for bail condition proposal
According to the legal team representing Sam Bankman-Fried, prosecutors had no objections to continuing his bail conditions until the firm could choose a suitable technical expert.
FATF agrees on roadmap for implementation of crypto standards
Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
Bitcoin price continues to fall, but derivatives data hints at a short-term rally to $25K
This week regulators joined hands to highlight the crypto sector’s inherent risk, but pro traders fought back by adding leverage to their long positions.
Unsealed superseding indictment against Sam Bankman-Fried includes 12 criminal charges
The original indictment against the former FTX CEO included eight criminal charges without breaking down separate counts involving his alleged actions at both FTX and Alameda.
FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto
In an objection to Voyager's proposed restructuring plan, the commission argued some of the involved parties should not be exempt from certain financial claims in the future.
US lawmaker introduces bill aimed at limiting Fed’s authority on digital dollar
If passed, the legislation could prohibit the Fed from issuing a digital dollar “directly to anyone”, as well as bar the bank from implementing monetary policy based on a CBDC.
Kraken CEO: Regulators Let Bad Guys Get Big and Blow Up to Serve Their Agenda
The CEO of crypto exchange Kraken, Jesse Powell, says U.S. regulators “let the bad guys get big and blow up because it serves their agenda.” The executive explained: “Bad guys…
Ethereum derivatives data suggests $1,700 might not remain a resistance level for long
ETH derivatives data shows bullish traders becoming more comfortable with the $1,700 price level, creating an opportunity for further rallies.
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