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FTX Co-founder Sentenced To No Prison Time in Fraud Case

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FTX co-founder Gary Wang was sentenced to no prison time by a judge Wednesday, following his cooperation with prosecutors. Wang helped the prosecution’s case against Sam Bankman-Fried, testifying in one of the biggest cases of fraud in US history. Wang served as FTX’s chief technology officer during its peak. Judge Lewis A. Kaplan, who is overseeing the case, praised Wang’s cooperation. Wang was the first person to cooperate after FTX collapsed in November 2022. Additionally, he provided key information to Assistant U.S. Attorney Nicolas Roos that enabled prosecutors to quickly extradite Bankman-Fried from the Bahamas. Roos described Wang’s work since the fraud in heroic terms, saying he was “the first FTX cooperator to come in the door.” Wang’s role in the fraud was minimal according to Roos, and he “did not” create the complicated computer code that enabled the fraud. Gary Wang, co-founder and former chief technology officer of FTX Cryptocurrency Derivatives Exchange exits the Manhat
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39% of Bhutan's GDP is in Bitcoin

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In one of the most surprising developments of the leading cryptocurrency’s ongoing bull run, the country of Bhutan has seen a remarkable 39% of its total GDP made up entirely of its Bitcoin investment. Indeed, the accumulation of BTC has now reached $1.14 billion for the small country. Located in the Himalayas, the small nation has seemingly followed the lead of El Salvador. The pro-Bitcoin nation made the crypto legal tender in 2021. Moreover, it has also seen its BTC investment surpass the $1 billion mark, showing the impact that digital assets can have on developing economies. JUST IN: 39% of Bhutan’s GDP is in #Bitcoin, totaling $1.14 billion. — Watcher.Guru (@WatcherGuru) November 20, 2024 Also Read: Bhutan’s Bitcoin Holdings Surpass $1 Billion Amid BTC Bull Run Bhutan Bitcoin Holdings Reach $1.14 Billion as It Dominates Nation’s GDP 2024 has been a monumental year for Bitcoin and should go down as its most important ever. The asset has seen its importance in the overall mainstre
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Jim Cramer Urges Investors to 'Buy The Dip' as Apple (APPL) Slides

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Despite the rather divisive force that the television host has become in some circles, CNBC’s Jim Cramer has urged investors to buy the dip amid the most recent slide for Apple (APPL). The stock has reversed from the climbing Nasdaq as the iPhone maker has recently stumbled. The development arrived amid the company’s attempt to reverse a recent iPhone ban in Indonesia. Indeed, Apple has recently sought to increase its investment in the country tenfold, according to Bloomberg. The proposed $100 million bid would look to see the government reverse a ban on the iPhone 16 product. Source: CNET Also Read: Experts Say Apple (APPL) Could Lead a Looming $25 Billion Business Cramer Tells Investors to Wait on the Apple Dip: “Bears Are All Over It” Few companies on the planet are as successful as Apple. Yet, perhaps more impressively, there are few companies that are as set up to succeed in the future as the iPhone developer. Therefore, amid its most recent value slide, many experts are urging in
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US Dollar: What's Happening Between The USD & Gold (AUX)

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In a new turn of events, the US dollar is surging at a rapid pace, with gold (AUX) dropping to its lowest levels since September 2023. The yellow metal is trading at $2618, slowly recovering from the slump and push that it had faced after the dollar resurfaced back on the radar. Also Read: XRP Forecasted To Reach $3, Here’s When US Dollar Surges As Gold Dips: What’s Happening Image Source: Watcher Guru The US dollar has trampled gold in a recent value surge. The recent administration change in the US is further driving the greenback rally, helping it claim new ascents. The Trump administration has made its stance clear about the American currency, adding how it will be prioritizing the USD and may impose a stricter policy change to curb de-dollarization initiatives. Trump has vowed to hit back at nations that have expressed their desire to ditch the US dollar. In one of his interviews, the president-elect made his opinion known to the world, adding that he would impose taxes on nations
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Top Crypto Gainers Today Nov 18 – Casper, DAO MAKER, Zcash, Sui Crypto

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Identifying actual opportunities can be a game changer in a market flooded with projects vying for attention. Today, we’re looking at top crypto gainers like Casper, DAO Maker, Zcash, and Sui Crypto. These projects are catching investors’ eyes for all the right reasons: solid fundamentals, innovative Features , and smart partnerships. This article gives you a closer look at these tokens so you can make more informed, exciting investment choices.   Biggest Crypto Gainers Today – Top List Casper and DAO Maker stand out with impressive recent gains for short-term investors, offering quick profit potential driven by intense market momentum and liquidity. Casper’s 83.48% surge and DAO Maker’s 73.85% rise are signals of short-term opportunities, though both face long-term challenges.  On the other hand, Zcash and Sui Crypto appeal more to long-term investors. Zcash’s solid 58.03% increase over its 200-day SMA and its focus on privacy positions it for future growth, while Sui’s 597% year-
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After XRP, Cardano's ADA Predicted to Breach $1

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Ripple’s native token XRP doubled in price last week and soared nearly 105% in the last seven days and the other leading altcoin, Cardano’s ADA, has also kicked off a rally by surging 108% in the last 14 days. It went from a low of $0.35 in October to a high of $0.76 in November. It sustainably scaled up in the indices, generating stellar profits for investors this month. Also Read: Shiba Inu Forecasted To Rise 101%, Reach Target $0.000048: Here’s When However, despite doubling in price, Cardano’s ADA failed to climb above the $1 mark like Ripple’s XRP did. Cardano’s native token is hovering around the $0.74 level, and bulls are waiting for the altcoin to breach $1. In this article, we will highlight the tentative timeline for when ADA can hit the $1 price target. Also Read: XRP or Dogecoin: What To Buy Now? After XRP, Here’s When Cardano’s ADA Will Reach $1 Source: MorningTick.com Leading on-chain metrics and price prediction firm CoinCodex has painted a bullish picture for Cardano’s
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Ripple’s 2024 sales amount to over $3 billion in XRP at current prices – What’s next?

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XRP price is melting faces with a 110% surge in the last seven days, breaking the $1.00 psychological resistance. This performance surprisingly happens amid strong 3 billion XRP selling pressure from Ripple—the token’s largest holder—in 2024 alone. Even more notable, XRP is up 123% month-to-date, just after Ripple unprecedentedly prepared its largest monthly dump in the last seven years, reserving and spending 470 million from the 1 billion XRP escrow unlock, as Finbold reported. Overall, Ripple has reserved and spent 3.046 billion XRP year-to-date, worth over $3.46 billion at current prices. Finbold has been monitoring and reporting these sales in 2024 through XRP Scan, looking at the ‘Ripple (1)’ labeled account. Picks for you Bitcoin price levels to watch as $100,000 target becomes more realistic 2 hours ago
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Bullish: Coinbase increases offerings in New York as anti-crypto policy softens in the US

Coinbase (NASDAQ: COIN), the leading United States crypto exchange, increased its assets offerings in New York, making more cryptocurrencies available. The change comes as the Southern District of New York promises to soften its anti-crypto approach in the region post-FTX. The world’s financial center and US city is known for having a singular regulation regarding cryptocurrencies, requiring services to adapt. However, it might be ending following a Manhattan US Attorney decision, Gary Gensler’s hint to resign, and Coinbase’s new offerings. In particular, Coinbase Assets announced six new cryptocurrencies are now available to New York residents this Wednesday, November 13. They are Arbitrum (ARB), Sei Network (SEI), Aioz Network (AIOZ), MultiversX (EGLD), Helium Mobile (MOBILE), and Stader (SD). Picks for you Here's when Cardano (ADA)
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The BNB Staking Mechanism

BNB (Binance Coin) staking is a process that allows users to lock up their BNB tokens in a blockchain network to earn rewards. This mechanism is part of Binance’s broader ecosystem, where users participate in various staking opportunities to generate passive income while supporting the network’s security and operations. BNB staking primarily operates on the Binance Smart Chain (BSC), a blockchain developed by Binance for decentralized applications (dApps) and smart contracts. Users can stake their BNB tokens in BSC’s Proof of Staked Authority (PoSA) consensus mechanism, which combines elements of Proof of Stake (PoS) and Proof of Authority (PoA). This hybrid model allows users to earn rewards for validating transactions and maintaining the blockchain’s integrity. Staking BNB typically involves locking up tokens for a set period, during which the staker earns a share of the transaction fees and newly minted tokens. The longer the staking period and the larger the amount staked, the high
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Polygon Rival Primed To Explode by Over 200% in Weeks, According to Crypto Analyst Michaël van de Poppe

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A widely followed crypto analyst says that one Ethereum (ETH) layer-2 scaling solution appears to be a cusp of a rally that would see it print gains of over 200%. In a new strategy session, crypto trader Michaël van de Poppe tells his 736,000 followers on the social media platform X that Polygon (POL) rival Optimism (OP) could hit a new all-time high (ATH) by the start of next year if it holds key support levels. “Volatility is increasing. OP has tested the crucial resistance, but dropped more than 20% in the past few days. If there’s another test at $1.80-1.90, then I expect we’ll break upwards and have an ATH test in January.” Source: Michaël van de Poppe/X Optimism is trading for $1.54 at time of writing, a 7% decrease during the last 24 hours. To pass its all-time high of $4.84, OP would need to increase by 214% from its current price. Moving on to Bitcoin (BTC), van de Poppe says the top crypto asset by market cap could hit a six-figure price tag by the en
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Blockchain for Good Alliance hosts the Web3 Oscar event in Bangkok

The Blockchain for Good Alliance (BGA), a blockchain technology platform, recently hosted the Web3 Oscar event in Bangkok. Bringing together industry leaders, Web3 Oscars celebrated blockchain projects driving meaningful real-world change in alignment with the United Nations’ 17 Sustainable Development Goals (SDGs). This is just the beginning of our journey Relive the magic of #BGAWeb3Oscar where innovators from across the globe united in Bangkok to reshape the future of blockchain for social good. Thank you to everyone who made history with us – from speakers to judges to our… pic.twitter.com/5UyOGIqYE1 — Blockchain for Good Alliance (BGA) (@ChainforGood) November 13, 2024 Picks for you XRP price breakout in the cards as multi-year resistance falls  18 hours ago
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Is This Meme Coin More Popular Than The Best Bluetooth Headphones

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Pepe Unchained surpasses popular search trends on Google, outpacing even top products like Bluetooth headphones. Heavily tied to the popular Pepe, which is now regarded as a blue-chip meme coin, Pepe Unchained has already raised $28.3 million in its presale. With just 30 days left in the presale, the countdown timer on the site signals the final stage before its highly anticipated launch. Backed by significant funding, there are strong expectations that Pepe Unchained will soon secure listings on top-tier exchanges. Positioned as a Layer-2 (L2) ecosystem, Pepe Unchained is designed to tackle scalability and transaction bottlenecks, with plans to launch its own blockchain, ‘Pepe Chain,’ highlighting the platform’s ambitious innovation goals. Although Ethereum remains a leading blockchain, it struggles with high gas fees and slow transaction speeds, especially during periods of high network activity. This congestion results in costly and inefficient trading experiences. Pepe Chain o
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