Cryptorias

Hodler's Digest, Oct. 22-28: SBF Advocates Buying Bitcoin as Searches Surge

Hodler’s Digest, Oct. 22-28: SBF Advocates Buying Bitcoin as Searches Surge

– Sam Bankman-Fried testified in his ongoing criminal trial, denying any wrongdoing between FTX and Alameda Research while acknowledging mistakes during the companies’ growth.

– Google searches for “buy Bitcoin” surged by 826% in the UK amid a major crypto rally.

– The US Court of Appeals issued a mandate for the SEC to review Grayscale Investments’ application for a spot Bitcoin ETF.

– Coinbase disputes the SEC’s authority in classifying its listed cryptocurrencies as securities in a bid to dismiss the regulator’s lawsuit.

– Gemini sues Genesis over the fate of 62 million shares of Grayscale Bitcoin Trust used as collateral.

– Bitcoin’s price is at $34,143, with Ether at $1,789 and XRP at $0.54.

– Pepe, Mina, and FLOKI are the top altcoin gainers of the week, while Bitcoin SV, Toncoin, and Trust Wallet Token are the top losers.

– Memorable quotations from Sam Bankman-Fried, Cynthia Lummis, Gary Gensler, and others.

– Bitcoin outperforms the S&P 500 in October as predictions of a $40K BTC price flow in.

– The UK passes a bill allowing authorities to seize and freeze cryptocurrencies used for crime.

– Scammers create clone sites of Blockworks and Etherscan to drain crypto wallets.

– Kraken suspends trading for several cryptocurrencies in Canada.

– Helsinki has a historical connection to cryptocurrency, including the first exchange of Bitcoin for USD.

– Updates on Australia’s money laundering scam, Bitget’s market share, and China lifting its NFT ban.

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