Sam Bankman-Fried’s lawyers are planning to put forward an expert witness to counter testimony from former Alameda Research CEO Caroline Ellison and other witnesses about the extent of financial ties between FTX and the trading firm.

In an Oct. 23 letter to New York District Judge Lewis Kaplan, Bankman-Fried’s attorneys said Joseph Pimbley from litigation consulting firm PF2 Securities would testify on behalf of the former FTX CEO.

The letter lays out that Pimbley will testify — based on FTX database information — that Alameda’s line of credit with FTX “fluctuated between approximately $1 billion and $3 billion” between October 2021 and September 2022 and decreased in June…

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Crypto exchange Coinbase has refuted rumors it had imposed a $5,000 per week limit on Bitcoin (BTC) withdrawals after a user’s post claiming as such gained traction on social media. 

An Oct. 24 post from a user on X (formerly Twitter) claimed that he’d been hit with a purported policy that restricted his withdrawals of Bitcoin from Coinbase to a maximum threshold of $5,000 a week.

The post gained over 250,000 views, with more than 420 retweets and nearly 2,000 likes. The post also gained attention of crypto researcher Chris Blec, who asked if anyone could verify the claim being made.

. @Coinbase is limiting bitcoin withdrawls. I just tried to send BTC from Coinbase to my cold wallet,…

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Pseudonymous crypto analyst CrediBULL Crypto believes that the current bull market is just the beginning of the excitement yet to come. 

What Happened: According to CrediBULL Crypto, the largest moves in the market occur when the Relative Strength Index (RSI) surpasses the overbought threshold on higher time frames, starting with the weekly timeframe. 

“You think these last couple of days have been crazy? It’s nothing compared to what we will see in the coming weeks.  The biggest moves occur as RSI pushes into overbought territory on higher time frames, starting with the weekly.  We’re just getting warmed up,” the analyst said about BTC.

These observations come on the heels of…

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Shiba Inu SHIB/USD, a meme coin, has observed a 6% increase in the last 24 hours, as a wider market rally ensues due to optimism surrounding the potential approval of Bitcoin BTC/USD spot ETFs.

What Happened: According to data from Shibburn, a Shiba Inu burn tracker, over 121 million SHIB tokens were burned, resulting in a significant spike of 600% in the burn rate within the past 24 hours. This burning process helps reduce the supply of SHIB.

Furthermore, the trading volume of SHIB has seen a notable surge of 147.39%, reaching $245 million within a 24-hour period. 

Shiba Inu’s surge, along with the rise of other altcoins and meme coins, coincides with Bitcoin’s recent milestone…

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Bitcoin BTC/USD Layer-2 Stacks STX/USD has experienced a surge of 13% within the past 24 hours. This surge is accompanied by a significant spike in trading volume, which has seen a 230% increase, reaching a total of $165 million.

What Happened: The majority of STX trading occurred on prominent exchanges such as Binance, KuCoin, and Coinbase. Binance accounted for the highest trading volume, reaching $27 million, followed by Coinbase with $8.5 million.

This surge in STX’s price and trading volume comes as Bitcoin reached a remarkable milestone, surging past $34,000 on Tuesday morning. The anticipation surrounding the potential approval of spot Bitcoin ETFs has contributed to this surge,…

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Crypto analyst, Bluntz, known for his precise market forecasts, anticipates a major breakout for Solana SOL/USD and hints at a potential rally for Ethereum ETH/USD.

What Happened: Pseudonymous trader Bluntz, who accurately predicted the Bitcoin bear market bottom in 2018 expressed optimism for Solana, mentioning that a break from its multi-month accumulation range resistance could trigger a substantial price increase.

See Also: Crypto Analyst Sounds Alarm On Bitcoin’s Rally, Warns Traders Not To ‘Go Crazy’ As Crypto Soars By 10%

Bluntz expressed admiration for Solana’s recent price movements against both Bitcoin and the US dollar. Observing that it is on the brink of concluding a…

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Dogecoin DOGE/USD has experienced a 10% surge in the past 24 hours, surpassing its rival Shiba Inu SHIB/USD, as the overall market enters a green zone amid the optimism surrounding Bitcoin BTC/USD ETFs.

What Happened: The month of October seems to have ushered in a positive wave, with Bitcoin’s price smashing through the $34,000 barrier for the first time since May of the previous year. This increase reflects a staggering 14% gain within a day.

The sudden spike in Bitcoin’s price occurred on October 23, propelling BTC to rise over 10% from $31,000 to briefly touch $34,000, before settling at its current price of $34,752, based on data from CoinMarketCap. This rally triggered a wider…

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Pepe Coin PEPE/USD has experienced a staggering 32% surge within the past 24 hours, surpassing the gains of Bitcoin BTC/USD, Ethereum ETH/USD, Dogecoin DOGE/USD, Shiba Inu SHIB/USD, and other major meme coins.

What Happened: The surge in PEPE’s price coincides with a remarkable increase in trading volume, which has seen a 172% rise, reaching an impressive $303 million. The majority of PEPE’s trading occurred on Binance, accounting for over $90 million, followed by Kucoin with over $17 million.

While PEPE’s performance stole the show, other cryptocurrencies also recorded gains during this period. Dogecoin witnessed a 10.65% increase in price, while Shiba Inu rose by 8%. Bitcoin and…

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The crypto community has been left fearing the worst after seeing huge sums of liquidity drained from the cryptocurrency project Safereum just hours after its team had finalized a massive $600,000 fundraising.

According to blockchain security firm CertiK and other analysts, the developers of Safereum — using the token deployment address “safereum.eth” — unlocked the supply of the token and dumped more than 600 Ether (ETH) worth of its holdings, causing the price of the Safereum (SAFEREUM) token to plunge more than 94%.

#CertiKSkynetAlert

We can confirm that @Safereumio has conducted an exit scam for ~$1.3m

Eth: 0xb504035a11E672e12a099F32B1672b9C4a78b22f

safereum.eth unlocked…

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