Cryptos

For months, John Jay Ray III, the corporate turnaround expert who was appointed to oversee the bankruptcy of the FTX crypto exchange, has attacked the company’s founder, Sam Bankman-Fried, accusing him of “old-fashioned embezzlement.”Now, Mr. Ray has a new target: Mr. Bankman-Fried’s parents.On Monday, FTX filed a lawsuit in federal court in…

A crypto strategist believes Bitcoin (BTC) is gearing up to mimic its strong rally earlier this year when the flagship crypto printed nearly 30% gains in about a month. Pseudonymous analyst Credible Crypto tells his 346,700 followers on the social media platform X that Bitcoin’s current price action looks similar to its market structure…

The financial system is in a slow-motion meltdown. There are many indications that the economy’s in trouble, despite what you’ll hear from the cheerleaders in the mainstream media.Commercial real estate values are crashing, and the associated loans are going into default.…

Cuba, a country known for its unique blend of rich history, vibrant culture and political isolation, is the focus of Cointelegraph’s latest on-the-ground documentary. The Truth Behind Cuba’s Bitcoin Revolution explores Bitcoin’s (BTC) impact in one of the world’s last remaining communist states. https://www.youtube.com/watch?v=UPp0Xbk4bFoThe…

The week is shaping up as an important one for the month of September, as there are major developments scheduled to take place in the coming days. From inflation numbers to interest rates, let’s dive deeper into the three things you need to watch this week. Monday There’s an important hearing in the case between the…

Brazil’s call for a common Brics currency at the Johannesburg summit last month has reignited the debate over de-dollarisation. In recent years, more countries have moved towards carrying out trade in currencies other than the US dollar.This is not new. The dollar’s supremacy has been increasingly questioned – from Latin American states like…

The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency. According to an announcement from chairman Patrick McHenry, the Committee will mark up two bills about a potential digital dollar on Sep. 20. Markups are sessions in which lawmakers discuss…

Bitcoin (BTC) is priming itself for a big move to the upside even amid higher-than-expected inflation data that came in last week, the founders of Glassnode say. According to Glassnode founders Jan Happel and Yann Allemann, Bitcoin has reclaimed the $26,000 level as support, and BTC’s Risk Signal appears to have taken a…

Illustration by Mitchell Preffer for Decrypt. It was another week of fairly stable prices for leading cryptocurrencies. Bitcoin (BTC) grew 3% over the seven days and started Saturday trading at $26,564, while Ethereum (ETH) remains more or less at the same price it was seven days ago at $1,636.  ​​ Ethereum’s growth may have been hobbled by…

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