Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
The CEO of Bitgo stated that the Alameda representative failed the security verification process required to convert wrapped-BTC into BTC.
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Tron price is up over 5% and showing positive signs above $0.055 against the US Dollar. TRX could outperform bitcoin and rise further towards $0.060. Tron price is trading in a positive zone well above the $0.0520 pivot level against the US dollar. The price is showing positive signs above $0.055 and the 100 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0530 on the 4-hours chart of the TRX/USD pair (data source from Kraken). The pair is likely to start a fresh increase above the $0.0562 and $0.0575 resistance levels. Tron Price Jumps 5% In the past few days, tron price remained strong above the $0.0520 level against the US Dollar, outperforming bitcoin and ethereum. TRX gained pace for a clear move above the $0.055 resistance and the 100 simple moving average (4-hours). The price traded to a new weekly high at $0.0575 and it is currently correcting gains. There was a move below the 23.6% Fib retracement level of the recent rally from the $0.0519 low to $0.0575 high. Trx price is now trading above $0.055 and the 100 simple moving average (4-hours). It is also above the 50% Fib retracement level of the recent rally from the $0.0519 low to $0.0575 high. On the upside, an initial resistance is near the $0.0562 level. Source: TRXUSD on TradingView.com The next major resistance is near the $0.0575 level, above which the bulls are likely to aim a larger increase towards the key $0.0600 zone in the coming sessions. Any more gains could set the pace for a move towards the $0.0645 level. Dips Likely to be Limited in TRX If TRX price fails to clear the $0.0575 barrier, it could correct lower. An initial support on the downside is near the $0.0550 zone, where the bulls are currently taking a stand. The next major support is near the $0.0540 level and the 100 simple moving average (4-hours). The main support is near the trend line and $0.0530, below which there is a risk of a move towards the $0.050 support. Technical Indicators 4-hours MACD – The MACD for TRX/USD is gaining momentum in the bullish zone. 4-hours RSI (Relative Strength Index) – The RSI for TRX/USD is currently above the 50 level. Major Support Levels – $0.0550, $0.0542 and $0.0530. Major Resistance Levels – $0.0562, $0.0575 and $0.0600.
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Well, Here in El Salvador the Gov created a Vet for our pets with the earnings from Bitcoin! We've never had any kind of Gov pet services, a lot of dogs on the street, etc. So this is the first time we have this kind of services, even more so if you consider: – Was…
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said former FTX CEO Sam Bankman-Fried (SBF) told him that Binance, which owned a 20% equity stake in FTX, refused to comply with regulators’ […]
Ethereum jumped and tested the $1,350 resistance against the US Dollar. ETH corrected lower, but the bulls are active near the $1,280 support. Ethereum was able to clear the $1,300 and $1,320 resistance levels. The price is now trading near $1,290 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a clear move below the $1,280 support. Ethereum Price Tops Near $1,350 Ethereum price gained pace for a steady move above the $1,300 resistance zone. ETH even surpassed the $1,320 level and settled well above the 100 hourly simple moving average. However, the bears were active near the $1,350 zone. There were two attempts to clear the $1,350 resistance, but the bulls failed. As a result, there was a bearish reaction from $1,350, similar to bitcoin. Ether price declined below the $1,320 and $1,300 levels. There was a clear move below the 50% Fib retracement level of the upward move from the $1,240 swing low to $1,350 swing high. The price is now trading near $1,290 and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $1,285on the hourly chart of ETH/USD. The pair seems to be stable above the 61.8% Fib retracement level of the upward move from the $1,240 swing low to $1,350 swing high. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $1,300 level. The first major resistance is near the $1,318 and $1,320 levels. A close above the $1,320 resistance might start a fresh increase. The next major resistance could be $1,350. Any more gains might send the price towards the $1,400 resistance zone. More Losses in ETH? If ethereum fails to climb above the $1,320 resistance, it could continue to move down. An initial support on the downside is near the $1,285 level and the trend line. The next major support is near the $1,280 level, below which the price could gain bearish momentum towards the $1,240 support. Any more losses could lead the price towards the $1,200 support. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 level. Major Support Level – $1,280 Major Resistance Level – $1,320
Court filings show Ryan Salame tipped off the Bahaman securities regulator, telling them that FTX was sending customer funds to Alameda Research.
Some highlights from ex FTX employee Danielle Cloud: The Bahamas office had 24/7 food catering. Employees were also provided with free groceries, free monthly haircuts, and bi-weekly massages. The company had 6 or so luxury condos for employees to use, free-of-charge. Stays at luxury hotels were also expensed by FTX. Staff worked Monday through Sunday,…
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Weekly-realized losses peaked at $20.5 billion when Terra Luna (LUNC) imploded and reached $33 billion when 3AC and Celsius collapsed, according to Chainalysis.