Bitcoin could soon ‘BLOW higher’ on bullish candle hammer: Glassnode execs
Traders will be closely watching how Bitcoin’s weekly chart closes on May 12 to look for signs of the end of the downtrend.
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SBF’s lawyers ask court to allow introduction of Anthropic evidence
Sam Bankman-Fried’s lawyers addressed Judge Kaplan in a letter to allow the defense to use evidence of its venture investment into Anthropic back from April 2022. 58 Total views 1 Total shares In a motion filed on Oct. 10, Sam “SBF” Bankman-Fried’s lawyers requested that the court allow for the introduction of evidence supporting positive

Biden calls to end $18B ‘crypto tax loopholes’ —community begs to differ
Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet. United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes" that allegedly help wealthy crypto investors. Members of the community responded to the tweet, questioning the figures shared…

Crypto trader and accused Ponzi scheme is now fighting the SEC and jilted investors
The SEC subpoenas the former owner's bank accounts to find out what happened to investments into Crypto Traders Management. 575 Total views 15 Total shares Dissolved limited liability company Crypto Traders Management is seeing its legal troubles multiply.Per a Friday legal filing in Utah, CTM and its former manager Shawn Cutting are trying to fight off…

OmiseGO’s Parent Company SYNQA Raised $80 Million in Series C
According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. 438 Total views 28 Total shares SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures.In a June 22 announcement, Thailand-based…

MicroStrategy announces debt buyback amid potential tax on BTC gains
According to data from SaylorTracker, MicroStrategy shares are currently trading at a net asset value (NAV) of 1.86x.

It’s legislation season in the EU: Law Decoded, Oct. 3–10
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. 107 Total views 12 Total shares

Bitwise raises $70M to invest in team, onchain solutions
The asset management firm has announced a $70 million funding round led by Electric Capital, MIT Investment Management Company, and other investors.

US Treasury strategy would tighten virtual asset regs, increase use of AI
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance.