3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'

3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'

[ad_1] “Am I sorry for a company going bankrupt? No, like companies go bankrupt, almost every company goes bankrupt, right?” Davies said about the public sentiment that he had not shown remorse. “It’s how you build or what you do about it. We’re definitely trying our best. We can add value in various ways. At … Read more

Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse

Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse

[ad_1] The leading cryptocurrency by market value fell over 8% to under $62,000, data from charting platform TradingView show. That’s the biggest single-day percentage (UTC) decline since Nov. 9, 2022. That day, prices tanked over 14% as Sam Bankman Fried’s FTX exchange, formerly the third largest, went bankrupt. The daily performance mentioned here represents the … Read more

BNB Price Could Restart Rally If It Is Able To Hold This Key Support

BNB Price Could Restart Rally If It Is Able To Hold This Key Support

[ad_1] BNB price rallied further above $600 before it faced sellers. The price corrected gains and now testing an important support at $500. BNB price started a downside correction from the $645 resistance zone. The price is now trading near $515 and the 100 simple moving average (4 hours). There is a key bearish trend … Read more

Ethereum Price Bears Aim For $3,000, Can ETH Stay Above This Support?

Ethereum Price Bears Aim For $3,000, Can ETH Stay Above This Support?

[ad_1] Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone. Ethereum started a downside correction below the $3,350 zone. The price is trading below $3,350 and the 100-hourly Simple Moving Average. There is a major bearish trend … Read more

Bitcoin Price Turns Red Below $64K But Long-Term Uptrend Intact

Bitcoin Price Turns Red Below $64K But Long-Term Uptrend Intact

[ad_1] Bitcoin price extended its decline below the $65,000 support. BTC is now struggling to stay above the $62,000 support zone and might test $60,000. Bitcoin price is moving lower below the $64,000 support zone. The price is trading below $63,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line … Read more

Does Sam Bankman-Fried Deserve 50 Years in Prison?

Does Sam Bankman-Fried Deserve 50 Years in Prison?

[ad_1] The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys have now both filed their arguments, as well as statements from FTX creditors (from the prosecution) and Bankman-Fried’s family and friends (from the defense). [ad_2] Source link