Sam Bankman-Fried will be pushing to clear his name after his former colleagues made many revelations that could lead to his imprisonment for more than 100 years if the jury finds him guilty.
For the three months that ended on September 30, Meta reported about 2.09 billion daily active users (DAU), while analysts surveyed by StreetAccount expected around 2.07 billion.
Hayes has always maintained an optimistic outlook on Bitcoin and remains one of the market analysts who believes the best is yet to come for the premier cryptocurrency. He believes we will see a $1 million price tag for the coin in the long term.
It is worth noting that the SEC’s action come only days after BlackRock unveiled its ticker symbol (IBTC) in anticipation of the approval of its spot Bitcoin Exchange Traded Fund (ETF).
Thanks to its stellar financial performance in the third quarter, the bank has raised its full-year outlook for 2023.
Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities.
A DTCC spokesperson confirmed that the IBTC ticker for the BlackRock iShares Bitcoin ETF has appeared since August through a unique ID code called CUSIP.
Visa stock is up by about 23% over the past 12 months and only slightly down from July 2021’s all-time high of $252.67.
While HKVAEX aims to secure a license under the SFC for virtual asset trading, Binance has remained reticent about its own licensing pursuits in Hong Kong despite acknowledging the region’s growing prominence within the global crypto market.
Snap’s GAAP net loss in Q3 2023 increased by 2% year-on-year to $368 million or 23 cents per share.
BlockFi revealed that it has emerged from bankruptcy court, having received approval for its reorganization plan from all relevant stakeholders.
The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases.
Alphabet’s efforts to integrate generative AI technology into more products have been noticeable since the launch of OpenAI’s ChatGPT chatbot late last year.
While the path forward for FTX remains uncertain, the exchange appears to be taking steps to recover from recent turbulent times.
According to Apple analyst Ming-Chi Kuo, if Apple comes up with new M3 Macs, their production volume is likely to be low. The analyst says the tight supply will last until the first quarter of 2024.