Author: Crypto News Bot

SafeMoon US, LLC has filed for Chapter 7 bankruptcy with the United States Bankruptcy Court for the District of Utah. This development follows a tumultuous period for the company, characterized by legal challenges and significant market fluctuations. Concurrently, the value of SafeMoon’s native SFM token has experienced a dramatic 54% decline…

In a significant move impacting companies holding cryptocurrencies, the Financial Accounting Standards Board (FASB) has introduced new rules requiring them to measure their crypto assets at fair value. This measurement technique, capturing the most up-to-date value of digital currencies like Bitcoin and Ethereum, aims to provide a more accurate reflection of their worth…

Bitcoin is down by roughly 1% today after having retraced to just above $41,000—erasing some of those bullish gains earlier this month. But there is still major altcoin action in the markets. The Aptos blockchain’s native APT is now trading for $8.91 per coin, according to CoinGecko…

price finally witnessed a significant 7% pullback on Dec. 11 as multiple indicators flashed sell-signals and traders booked profits. Bitcoin’s ability to hold above $42,000 will determine whether this crash is a buy-the-dip opportunity or a general market reversal. Short-term volatility or big trend reversal? The sharp BTC price drop observed on the daily chart

Macro guru and Real Vision CEO Raoul Pal is laying out three possible scenarios for Bitcoin’s (BTC) next run. In a new interview on the Unchained Crypto YouTube channel, the ex-Goldman Sachs executive says that the most likely scenario for Bitcoin is a traditional cycle where the crypto king rallies somewhere between $100,000 and $200,000…