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FTX seeks court approval to slash US IRS’s $24B claim to zero.

The bankrupt FTX estate wants to set the United States Internal Revenue Service (IRS) $24 billion claims against it to $0.00, according to a Nov. 29 court filing. Earlier in the year, the federal agency had slapped a tax bill worth around $44 billion on FTX and Alameda groups of companies, prioritizing its claims over […] The post FTX seeks court approval to slash US IRS’s $24B claim to zero appeared first on CryptoSlate. origin »

Ripple Is Meeting With The SEC Today; Here’s The Agenda.

The Ripple battle with the United States Securities and Exchange Commission (SEC) over the security status of the XRP token is yet to come to an end even after multiple partial victories. In an effort to end the three-year-long battle, the court has ordered that both parties consider a settlement and work out the terms […] origin »

The Other Side Of The Bitcoin: Analyst Highlights What Happens If Bulls Fail.

Bitcoin has currently entered a stage where the bulls and the bears are vying for absolute control over the price, meaning that it could swing either way. While sentiment is still mostly bullish from here, there is still the possibility that the bears could win out and this side of the coin has prompted crypto analyst FieryTrading to map out what could happen if this ends up being the case. origin »

Status Quo At Binance: New CEO Affirms No Changes To Top Executives.

The crypto exchange has undergone a significant leadership transition in the aftermath of Binance Holdings’ $4.3 billion settlement with the US Department of Justice (DOJ).  According to Bloomberg, Richard Teng, the newly appointed CEO following co-founder Changpeng “CZ” Zhao’s departure, has expressed his commitment to maintaining the stability of the core team.  Binance’s Core Team […] origin »

Bitcoin On-Chain Metric Forms Bearish Divergence, Top Here?.

On-chain data shows a Bitcoin indicator has been forming a bearish divergence for a while now, a sign that the top may be close for the asset. Bitcoin Short-Term Holder SOPR Has Been Moving Opposite To Price Recently As an analyst in a CryptoQuant Quicktake post, a bearish divergence has been brewing in the Bitcoin […] origin »

How Bitcoin is impacted as USDT holdings increase.

The top 10 Tether wallets held tokens worth $15.23 billion at press time. Market indicators suggested that investors might expect a few slow-moving days.  Bitcoin [BTC] has displayed a steaThe post How Bitcoin is impacted as USDT holdings increase appeared first on AMBCrypto. origin »

Lido Finance: Did these whale movements affect LDO?.

A whale moved 500,000 LDO to Binance. LDO's exchange netflow remained negative despite the move. As per a tweet by Lookonchain on the 29th of November, a major Lido Finance [LDO] whale transThe post Lido Finance: Did these whale movements affect LDO? appeared first on AMBCrypto. origin »

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