Friday, 11 July 2025
Trending
CryptoAmericasBitcoinLatest NewsPrice Prediction

Bitcoin price predictions like BTC have no benchmarks

Bitcoin price forecast remained largely unchanged during today’s Asian session as it remained above the important support level of $16,550. The market awaits a critical signal to break before entering a bull market as the favorable signal is set. The market continues to panic holding BTC and other cryptocurrencies under pressure.

Elimination tournament Cancelled

Former CEO of FTX, Sam Bankman-Fried, plans to appear in court in the Bahamas on Monday to withdraw his objection to extradition to the United States, where he faces fraud charges. While riding the cryptocurrency bubble to make FTX one of the largest exchanges in the world, Bankman-Fried received an estimated fortune of over $20 billion.

  • A 30-year-old cryptocurrency tycoon was indicted in federal court in Manhattan on Tuesday for allegedly stealing billions of dollars from FTX clients and using the money to pay bills, cover personal expenses and invest in his crypto hedge fund. , Alameda. Search LLC.
  • If he agrees to oust, he could face charges of wire fraud, money laundering, and misuse of advertising funds in US courts.

Bankman-Fried must enter a plea and a judge will decide on bail at her first court appearance in Manhattan, Margulis-Ohnuma said. The hearing should take place within 48 hours of Bankman-Fried’s arrival in the United States, the lawyer said, adding that it should be done quickly.

The fall of Sam Bankman Fried and his rival, Changpeng Zhao, the founder of cryptocurrency exchange Binance, has come under inquiry.

On Friday, concerns were raised when auditing firm Mazars Group suspended work for Binance and other cryptocurrency firms.

Related posts
AustraliaCrypto

Australia Leads the Way in Digital Currency Innovation

RBA launches Phase Two of Project Acacia to test digital currencies in wholesale finance. 24 use…
Read more
AfricaCrypto

Barriers to Cryptocurrency: Insights from African Merchants

Limited knowledge and regulatory confusion remain top barriers. Poor tech infrastructure hinders…
Read more
AmericasEducation

August 1 Deadline: Changes to Student Loan Relief Programs

Interest on student loans under the SAVE Plan will begin accruing again from August 1. Court…
Read more
Newsletter
Become a Trendsetter

To get your breaking, trending, latest news immediately without diluting its truthfulness join with worldmagzine immediately.

Leave a Reply

Your email address will not be published. Required fields are marked *

TrendingBitcoinCrypto

In 2025 Canada Bitcoin will be Better than Trudeau

Worth reading...