Page 4 - Crypto Analysis News Today

The relationship between Sam Bankman-Fried, the disgraced former CEO of the FTX platform, and Long Island Congressman George Santos is the subject of serious criminal charges. We try to unravel a twisted tale of alleged political corruption, embezzlement and financial intrigue. But before this scandal of epic proportions, let's take a look at this week's top stories. | 05:41am

For several days now, Bitcoin has been battling the memecoin storm with the introduction of the new BRC-20 token standard, stirring up the already turbulent waters of the cryptosphere. Despite the warnings of the developers, this novelty is arousing curiosity and fueling a wave of unbridled speculation. We come back to it in the Crypto Analysis after the essential news of the week. | 10:27am

While the U.S. government is busy saving the banking industry, the Bitcoin network is recording a record number of daily transactions. Is this just a coincidence or a sign of fate? We'll come back to this in the Crypto Review after the week's key news. | 05:43am

Recent revelations by Time Magazine have highlighted the links between the effective altruism movement and the FTX fraud scandal. Prominent figures in the movement have been accused of aiding and abetting the fraud, calling into question its integrity.. We come back to this in Crypto Analysis, after this week's key news. | 10:02am

While European lawmakers this week confidently passed the Markets in Crypto-Assets (MiCA) regulation to regulate the industry in the European Union, their American counterparts remain mired in wrangling and indecision. We come back to this in the Crypto Analysis, after the essential news of the week. | 10:21am

After unbearable suspense, which has lasted since 2020 for some, the long-awaited update to Ethereum, dubbed Shapella, was successfully deployed this week. This resulted in the release of over 18 million ethers, or $34 billion, that were sequestered on the blockchain. What were the consequences of this release? We come back to this in the Crypto Analysis, after the essential news of the week. | 10:43am

Binance and its CEO Changpeng Zhao are being sued by the Commodity Futures Trading Commission for allegedly violating federal laws and failing to register the platform in the US. This comes a month after Paxos, the issuer of the stablecoin "Binance USD" (BUSD), was informed that the SEC was investigating the product's compliance. We break down the CFTC's latest accusations against Binance in Crypto Analysis, following this week's key news. | 10:42am

Who would have thought that the US regulator would guarantee stablecoins? In the wake of successive U.S. bank failures in recent days, the Federal Reserve, the Treasury Department and the FDIC have announced that they will guarantee part of the collateral for Circle's USDC stablecoin. Will the company, which has BlackRock managing about $30 billion in short-term U.S. Treasuries, become a heavyweight in traditional U.S. finance? We'll get back to that in Crypto Analysis, after this ...

Demand for safe-haven assets rise, putting pressure on cryptocurrencies.

Bitcoin remains correlated to the NASDAQ