The Fall of CZ: A Titan Behind Bars The gates of Lompoc Federal Correctional Institution clanged shut on a fallen titan this week. Changpeng Zhao, better known as “CZ” and the billionaire founder of Binance, the world’s largest cryptocurrency exchange, began a four-month prison sentence for failing to prevent money laundering on his platform. It’s…
Despite the Lengthy Sell-Off Period, Analysts Remain Optimistic About Bitcoin Rebound US Political Leadership Considers Bitcoin Amidst Price Uncertainty Despite the ongoing sell-off period that Bitcoin is currently experiencing, analysts and traders remain optimistic about a potential rebound in the near future. Bitcoin, the world’s largest cryptocurrency, has been facing a series of price fluctuations…
About three weeks after the decision to dissolve the National Assembly and stop working on constitutional articles, the Emir of Kuwait was appointed Crown Prince Emir of Kuwait Appoints Crown Prince According to what the official Kuwait News Agency, KUNA reported, the Emir of Kuwait, Sheikh Meshaal Al-Ahmad Al-Jaber Al-Sabah, issued, on Saturday, an Emiri…
European Bitcoin exchange-traded products (ETPs) Battle for Market Supremacy The Fierce Clash of Titans European Bitcoin exchange-traded products (ETPs) find themselves entrenched in a fierce battle for market supremacy against their formidable adversaries from across the Atlantic. The clash of titans between European ETFs and their US counterparts has intensified in recent months, with the…
Israeli Prime Minister Benjamin Netanyahu Stands Firm on Cease-Fire Conditions Netanyahu’s Stance on Cease-Fire Israeli Prime Minister Benjamin Netanyahu made it clear on Saturday that Israel would not agree to a cease-fire until certain conditions are met. These conditions include the return of all hostages and the elimination of Hamas’ military and governing capabilities. This…
Joining Forces: President Museveni’s Lecture to Indian Army Officers A Memorable Evening at State House Entebbe Last evening, President Yoweri Kaguta Museveni had the honor of delivering a lecture of opportunity to a group of visiting army officers from the National Defence College of India. The atmosphere at State House Entebbe was charged with excitement…
Biden vetoes bill targeting SEC crypto rules, citing concerns over regulatory authority In a surprising move, U.S. President Joe Biden has vetoed a bill aimed at overturning SEC crypto accounting standards. This decision comes amidst growing concerns over the regulatory authority and oversight of the cryptocurrency industry. Crypto industry criticizes Biden’s decision The veto has…
Bitcoin Exchange Balances Decline to Five-Year Low Onchain Highlights Balances on exchanges are the total amount of coins held on exchange addresses. Bitcoin’s balance on exchanges has continued its downward trend, reaching a significant low. As of the latest data, the total balance on exchanges has dropped below 2.3 million BTC, a level not seen…
