SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case: Hodler’s Digest, Aug. 6-12
Sam Bankman-Fried has bail revoked, ordered to jail; the SEC delays decision on a spot Bitcoin ETF; and the SEC moves to appeal on Ripple’s case.
Brazil's Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
Judge sends FTX founder Sam Bankman-Fried to jail, says crypto mogul tampered with witnesses
NEW YORK (AP) — FTX founder Sam Bankman-Fried left a federal courtroom in handcuffs Friday when a judge revoked his bail after concluding that the fallen cryptocurrency wiz had repeatedly tried to influence witnesses against him.
FTX founder Sam Bankman-Fried sent to jail to await trial after judge says he tampered with witnesses
U.S. District Judge Lewis A. Kaplan ordered Bankman-Fried's bail revoked after prosecutors said he'd tried to harass a key witness in his fraud case last month.
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm’s spot BTC ETF application.
Visa Eyes Mass Adoption of Crypto by Testing On-Chain Gas Fee Payment Through Fiat
Visa says managing ether (ETH) balance to cover gas fees is “burdensome” and too complex, according to a blog post.
Sam Bankman-Fried Could Go Back to Jail Thanks to His Big Fat Mouth
The fallen FTX founder didn’t just violate his bail — he violated the trust of his family’s last remaining allies.
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.
First Mover Americas: A 'Head-and-Shoulders' Case for Altcoins
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America
Investors are likely indifferent to which stablecoins they hold as long as they are perceived as safe and accessible on the largest trading platforms, the report said.
'Altcoin Season' is Coming, Technical Analysis Suggests
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market.
Shiba Inu Bucks Bitcoin Snoozefest Ahead of Shibarium Deployment
The tokens were up as much as 5% in the past 24 hours, bucking a market-wide trend.
