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Nishad Singh hopes to avoid prison in FTX case

Nishad Singh, the former Director of Engineering at FTX, has filed a sentencing submission in his criminal case arguing that he should avoid prison in light of his extensive cooperation and smaller role than many of the conspirators in the fraud. The documents detail Singh’s roles at Alameda Research and FTX, from almost the beginning of Alameda up until the firms plunged into a chaotic bankruptcy. They detail Singh’s narrative about how he was unaware of the misappropriation of customer funds at FTX until just months before the collapse, though this underplays his role in creating the infamous ‘allow negative’ years before.  Singh, like other executives, also emphasized that it was recommended to him that he take large, poorly documented loans from Alameda instead of liquidating his tokens to fund his activities. Among his activities described as “regrettable” was the purchase of a multi-million dollar vacation home after he was aware of the theft occurring at FTX.  Additionally,

Italy To Hammer Bitcoin Profits By Hiking Capital Gains Tax On Cryptocurrencies To 42%

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The Italian government has proposed hiking capital gains tax on Bitcoin and other cryptocurrency profits to 42% from 26% in a move that shocked local investors.  The government announced the tax hike as a part of its 2025 budget proposal to generate extra revenue to support public services. Deputy Minister Maurizio Leo told a press conference that it is needed to address the country’s budget shortfalls. Crypto Capital Gains Tax Would Be One Of The Highest In Europe If implemented, the tax would be one of the highest in Europe on crypto profits, and it prompted harsh criticism from the community on social media platforms. “It’s a death move to increase taxes as that only serves to detract wealth and new ideas,” said macro trader and investor Jason Pizzino on X. “Italy is a dying state.” Italy is a dying state. It's a beautiful IRL museum to visit as a tourist. Note that I am an Italian citizen. I love the place. But no one cares if they raise taxes on Bitcoin because the nett

New Cryptocurrency Releases, Listings, & Presales Today – Trakx, Omom, Ledog, Memebet Token

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Bitcoin’s open interest surged to $19.8 billion on Oct. 15, reflecting growing demand for the asset. This increase shows significant new money entering the digital asset markets in recent months. The rising open interest is driving investor decisions as they anticipate further price gains. Funding rates have hit their highest levels since August, indicating bullish sentiment. Most positions are long, suggesting expectations of continued Bitcoin appreciation. As Bitcoin’s market activity increases, investors are closely watching new cryptocurrency listings for potential opportunities . New Cryptocurrency Releases, Listings, & Presales Today With an increase of 31.8% in price and 31.40% in trading volume, LEDOG is our top-performing coin for today. Recently, Trakx announced listings on multiple exchanges, allowing users to acquire $TRKX through their preferred exchange. OMOM boasts the unique utility of bridging the gap between real-world assets and digital finance by tokenizing a

Goatseus Maximus Price Prediction: GOAT Skyrockets 133% As Pepe Unchained Closes On $20M In Presale

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The Goatseus Maximus price has skyrocketed 133% in the last 24 hours to trade at $0.2823 as of 3:15 a.m. EST on a 132% pump in trading volume to $175 million. Goatseus Maximus Price Gears Up For A Bull Rally The GOAT/USD chart on the 1-hour timeframe shows a strong bullish trend, with the price moving within an ascending channel before breaking out. This bullish channel started near $0.09 and consistently trended upwards, reflecting growing momentum. Recently, the price surged beyond the upper boundary of the channel, breaking through the $0.28 level. This breakout, combined with forming a parabolic curve, suggests an acceleration in the upward movement. The steep rise could potentially push the price towards the $0.35 to $0.40 range, as indicated by the arrows on the chart, signalling a continuation of the bullish momentum. GOATUSD Analysis Source: Dextools.io The 50-period moving average, currently at $0.1579, is well below the current price, further affirming the stro

New Cryptocurrency Releases, Listings, & Presales Today – Crypto All-Stars, Sharp AI, Penumbra

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Bitcoi͏n ETFs͏ s͏aw inflows o͏f $͏55͏5.86 m͏il͏li͏on on M͏on͏d͏ay, signaling ren͏ewed marke͏t opt͏imi͏sm. This͏ ͏marks the highest ETF inf͏lows since ͏June’s͏ $886.75 million surge. The r͏is͏e ͏in͏ BTC͏’s price dr͏ives stronger investment decisions an͏d m͏a͏r͏ket con͏fidence. B͏TC ͏is up 2.2%͏ in the la͏st 24 ho͏u͏rs͏, reflecting͏ broa͏der m͏arke͏t͏ g͏ains͏.͏ A “three-line bre͏ak cha͏rt͏” s͏uggests Bitcoin c͏ould soon surp͏ass $͏73,͏000, boo͏s͏t͏ing investor͏ s͏entiment. As Bitcoin r͏allie͏s, ͏new cryptocurrency͏ releases ͏are gai͏n͏ing a͏tten͏tion ͏f͏ro͏m eage͏r investors seek͏ing grow͏th .͏ New Cryptocurr͏en͏cy ͏Releases, ͏Li͏stings͏, & Presales Today Boasting͏ a 61% ͏win rate in͏ sports bet͏ting, Sharp AI ͏is urging i͏nvest͏ors to͏ j͏oi͏n the to͏p 1% and be͏come͏ ͏winnin͏g betto͏r͏s. Puffer Fin͏ance is ga͏ining momentum after r͏ecently securing͏ lis͏tings and partner͏ships ͏with n͏otable exchan͏ges.  1. ͏Penumbra ($UM) Penum͏bra is a shie͏lde͏d, c͏ross-chain͏ netw͏o͏rk ͏th͏

BlackRock's Larry Fink Declares Bitcoin a Core Asset for Investors

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Bitcoin’s core asset has taken center stage in the financial world. Larry Fink, CEO of BlackRock, has made a bold statement about cryptocurrency investment that’s causing a stir. Also Read: XRP Expected to Rise: Analysts Predict $0.75 Soon How Larry Fink’s Bitcoin Declaration Impacts Cryptocurrency Investments A New Perspective Larry Fink Bitcoin views have changed dramatically. He now sees it as a potential standalone asset class. During BlackRock’s earnings call, Fink said: “I’m not sure if either president would make a difference,” about Bitcoin’s future and U.S. elections. Breaking Records Source: Statista BlackRock’s Bitcoin ETF has soared since January. In nine months, it’s grown to $23 billion in assets. This rapid growth is changing how people invest in cryptocurrency. Also Read: Ethereum Gains 6.9%: Can ETH Hit $2800 This Week Comparing to Other Markets Fink sees similarities between Bitcoin and other financial products. He noted: “Years ago, when we started the mortgage mark

Is It Too Late To Buy CARV? Carv Price Skyrockets 55% And This Might Be The Next Crypto To Explode

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The Carv Price soared 55% in the last 24 hours to trade at $1.138 as of 03:42 a.m. EST on trading volume that skyrocketed 128% to $118.7 million. Carv Price On A Sustained Bullish Rally The Carv price has been in a sustained rally in the last five days as the bulls pushed the price through a parabolic curve. According to data from GeckoTerminal , the $0.40 support allowed the bulls to push the price even more. The bullish momentum is further supported by the RSI trading above the overbought region, currently at 82, and further shows that the asset is currently overvalued. If the bullish rally continues, CARV could soar even further as the bulls target the next resistance at $1.40. CARVUSD Chart Analysis Source: GeckoTerminal.com With the asset now oversold, sellers may see this as a selling signal. If sellers exert more pressure here, the price of Carv could plunge back to the most likely support zone at $0.80. Meanwhile, investors are also bullish about the new meme coin

NFTs Take Another Short Breather – Weekly NFT Sales Drop By 8.29%

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The global non-fungible token market appears to have taken another short breather after rallying for the past two weeks. The non-fungible token market retested some surge late last month, breaking the then brutal market resistance that held the NFT trading sale volume below $70 million for the first time since 2021. The NFT market has plunged by 8.29% in the past seven days, but this market is still staged for higher levels in the coming weeks. NFT Sales Tank 8.29% In The Past 7 Days Data compiled by CryptoSlam.io, an on-chain crypto market data aggregation platform designed to offer seamless tracking for NFT collectibles across multiple blockchain networks and backed by the prominent crypto billionaire Mark Cuban, indicates that the global non-fungible token market has again plunged in sales volume this past week. In the past seven days, the global NFT market has amassed a trading sales volume of $78 million, representing an 8.29% decrease from the previous week. Relativel