Bitcoin derivatives metrics suggest $70K is here to stay

Starting from March 25, Bitcoin (BTC) has found it challenging to stay above the $71,000 price point. This persistent inability to hold value could be interpreted as a bearish signal for some observers. However, an analysis of Bitcoin’s derivatives market suggests a more stable situation. The intense optimism that previously dominated this market has noticeably … Read more

Ethereum price weakens against Bitcoin — Here’s why

Ether (ETH) started gaining value at the beginning of the year but its growth slowed down around mid-March. In comparison to Bitcoin (BTC), Ether has increased by approximately 48%, while Bitcoin has risen by around 57% in their USD pairs since the beginning of the year. In recent times, Ethereum (ETH) has lagged behind Bitcoin … Read more

Sam Bankman-Fried files to appeal conviction and sentence

The legal team for Sam “SBF” Bankman-Fried has submitted an appeal application to challenge his previous conviction and penalty as the ex-FTX CEO. In a court document submitted on April 11 to the Southern District of New York, lawyer Alexandra Shapiro announced that Bankman-Fried intended to challenge both his jury verdict for seven felony counts … Read more