• Former Coinbase employee, Ishan Wahi, has pleaded guilty to charges of insider trading.
• The scheme began in October 2020 and involved him and his brother as well as a friend.
• He will be sentenced in May 2021 and is the first person to plead guilty in an insider trading case involving cryptocurrency.

Former Coinbase Employee Guilty of Insider Trading

The Department of Justice (DOJ) recently announced that a former product manager at Coinbase, Ishan Wahi, had pleaded guilty to two counts of conspiracy to commit wire fraud for engaging in insider trading. This is the first instance where someone has been found guilty of this type of crime within the cryptocurrency market.

Scheme Details

The scheme started in October 2020 when Wahi was given information about which tokens were being listed on the popular trading platform. Knowing that their prices would rise when they were listed, he got his brother and a friend involved in purchasing these tokens prior to them being listed on Coinbase. Then once the prices spiked they sold these assets for a profit and increased their portfolios strength.

Previous Case Involving Brother

In January 2021, Nikhil – Ishan’s brother – was hit with a financial penalty just under $900,000 and was ordered to serve ten months in prison for his involvement with this scheme. Now that Ishan has pled guilty it is likely he will be required to serve more time due to having closer connections with Coinbase than his brother did and likely instigating this plan himself.

Statement from U.S Attorney

U.S Attorney Damian Williams who presided over the court case stated: „Wahi is the first insider to admit guilt in an insider trading case involving the cryptocurrency markets.“ He further added that “Whether it occurs in the equity markets or crypto markets stealing confidential business information for your own personal profit or profit of others is a serious federal crime.“

Sentencing Date

Ishan Wahi’s sentencing date has been set for May 2021 by the DOJ overseeing this case which could result in further consequences beyond what his brother already faced due to his involvement with this fraud scheme primarily because he had closer ties with Coinbase while orchestrating it all along.

• Michael Saylor, former CEO of MicroStrategy, is confident that bitcoin remains a safe haven for traders and investors despite the past year’s volatility.
• Despite his investments in cryptocurrency costing MicroStrategy over $1 billion, Saylor still backs BTC as the best performing asset in the last two and a half years.
• Saylor believes that the FTX debacle ultimately helped the crypto space by focusing attention on its potential.

Michael Saylor Still Believes in Bitcoin

Michael Saylor – the former CEO of MicroStrategy – is confident that despite all that’s happened over the past year or so, bitcoin is still a major safe haven for traders and investors. First beginning his bitcoin investments in late 2020, Saylor has continued to add digital currency to his company’s balance sheet—a decision that has wound up costing MicroStrategy more than $1 billion at the time of writing. Last year saw many leading assets (like bitcoin) lose a minimum of 70 percent of their values over 12 months, but this hasn’t shaken Saylor’s belief in BTC as he stated: “The only real safe haven for an institutional investor is bitcoin.“

MicroStrategy Stock Tied to Bitcoin Performance

At one point last year, MicroStrategy’s stock was heavily tied to bitcoin’s performance. But looking back on it now, Saylor commented on how effective his corporate strategy has been: „When we think about the corporate strategy and its effectiveness, we go back to the summer of 2020… We pick [several] different benchmarks. I think the most important is bitcoin’s performance. Nobody who talks about bitcoin points out that despite its volatility, it’s the best-performing asset over the past two and a half years.“

FTX Debacle Focused Attention on Crypto Potential

Saylor also addressed recent events with FTX—stating that while it was certainly harrowing for those involved, it ultimately helped focus attention on cryptocurrency’s potential: „The crypto meltdown focused attention on what could be done with digital assets… It got people’s attention from all walks of life—from politics to Wall Street.“ He then added: „I think this will eventually prove out to have been very beneficial for global capital markets.“

Conclusion

In conclusion, Michael Saylor remains bullish when it comes to BTC despite his company’s losses due to investing in digital currency. He believes that cryptocurrencies are here stay and are a viable option for institutional investors seeking safety amidst market turbulence. Even though there have been several bumps along way—such as with FTX—all ultimately serve as learning experiences which can help shape future success stories within this space moving forward.

• The Internet Computer (ICP) token is currently down by 7.89% within 24 hours, trading at $7.26 today, February 20.
• ICP reached an intraday high of $8.17 on February 19 before closing at $7.33 and is still trading above its 50-day and 200-day Simple Moving Average (SMA).
• Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence/Divergence (MACD) suggest that ICP will likely recover from the current price slump and continue to consolidate its gains.

Internet Computer (ICP) Price Prediction

The Internet Computer token has been trading between $4 and $5 until January 27, when it rose to $6.05. From that day, the token recorded little rallies and pullbacks until February 17, when the price rose to $7.32 before closing at $7.33 on February 19 after reaching an intraday high of $8.17. Even though the bearish pressure today has pushed the price down by 11%, ICP is still trading above its 50-day and 200-day Simple Moving Average (SMA), a bullish signal indicating potential for future gains.

Technical Indicators

The support levels for today are $5.82,$6.44,and$6 .89 , while the resistance levels are$7 .95 ,$ 8 .57 ,and$ 9 .01 .The Relative Strength Index (RSI) is 66 .73 , close to the overbought region of 70 but moving sideways which indicates neutrality in terms of trend direction expectation in short term trades or investments in this cryptocurrency asset class..The Moving Average Convergence/Divergence(MACD) indicator is above its signal line which suggests a possible uptrend in prices soon if momentum persists with buying pressure present in market scenarios..

Risk Management

Cryptocurrencies are volatile assets hence proper risk management should be employed when considering any investment decisions involving them since predicted prices can deviate from actual outcomes due to unpredictable market conditions or other external factors such as news stories impacting sentiment among investors or traders..It is wise to understand technical analysis enough as well as fundamental drivers behind economics of cryptocurrencies for better decision making processes when investing into these markets..

Conclusion

Overall, with technical indicators such as RSI and MACD suggesting bullish outlook for ICP prices soon; expect ICP to test the $6 .89 support level soon before rallying back up towards higher support levels like$ 7 .00 mark once again with more momentum gained from positive investor sentiment surrounding this particular digital asset class..However it would help greatly if proper risk management techniques were employed during such investment decisions since volatility always remains a risk factor associated with these markets..

Disclaimer

This article should not be taken as financial advice and we urge readers to conduct their own research prior to investing or trading any digital assets mentioned here..We sometimes use affiliate links in our content; clicking on those we might receive commission – at no extra cost to you – By using our website you agree to our terms & conditions & privacy policy available on our website..

• Gifto (GFT) currently has a market capitalization of $115,463,053 based on its circulating supply of 1 billion GFT tokens.
• The crypto market experienced a significant surge in January but has been in search of a retracement since the start of February with a sudden fall that has resulted in a close to 5% decline.
• Despite the current market conditions, some coins still perform well like Binary X(BNX), which has increased by over 55% in the past week and over 140% since the start of the year.

Gifto (GFT) Market Overview

Gifto (GFT) currently has a market capitalization of $115,463,053 based on its circulating supply of 1 billion GFT tokens. At the time of writing GFT is trading at $0.115386, with a 24-hour trading volume of $114,697,643. The token’s price has increased by 0.60% in the past 24 hours but has declined by -5.50% over the past 7 days.

Crypto Market Retracement

The crypto market experienced a significant surge in January but has been in search of a retracement since the start of February with a sudden fall that has resulted in a close to 5% decline. Most significant altcoins display red figures, and the market capitalization has fallen below 1 trillion.

Performing Coins

Despite the current market conditions, some coins still perform well making them potentially sound investments such as Binary X(BNX). The official token of BinaryX, BNX, has experienced an upsurge increasing by over 55% in the past week and over 140% since the start of 2021. BNX shifted its focus to developing decentralized video games and is now one popular GameFi and IGO platform generating play-to-earn games such as CyberDragon and others.

Technical Analysis for Gifto (GFT)

The price of Gifto (GFT)has been bearish ever since reaching an all-time high back in July 2018 when it was valued at $0.96 USD due to several bearish moves including those caused by FTX crashing headed by Sam Bank Fried resulting into consolidation along 200 day moving average with bearish trading volumes indicating further south movement if crossing occurs resulting into breaking out from consolidation towards next resistance level at around $0.1578 USD thus predicting that Gft will reach said value towards end Q1 2023 .

Conclusion

In conclusion we can see that despite current state within crypto markets there are still performing coins such as BNX where investors have shown interest leading to increase in trading volume and overall growth for said coin while for Gifto (GTF) technical analysis indicates further south movement should crossing take place breaking out from consolidation towards resistance level near around $0.1578 USD toward end Q1 2023

• Bitcoin’s price is $21,854.50, with a decrease of $800 in the last 24 hours.
• The crypto markets‘ overall price graph since July 2022 shows a slow increase in Bitcoin’s price over the last month.
• Bitcoin’s recent surge was due to Jerome Powell’s comments on inflation at an economic forum in Washington.

Bitcoin Price

Just under $22000, Bitcoin’s current price is $21,854.50, with a decrease of $800 in the last 24 hours.

Analyzing Bitcoin’s Behavior

The cryptocurrency market has the better part of the investing world in its clutch and is known for its volatile tendencies. Despite being the consistently top-performing asset in the crypto world, Bitcoin is known for its fluctuations over the years. The investors and corporations in the crypto world wait with anticipation as they keep their eye on the Bitcoin price graph.

Recent Statistics

Bitcoin’s total supply is around 19.28M while its max supply is at 21M and its 30D volatility is at 0.51. The token’s 24-hour value transaction is over $2 Billion and its 24H transaction count is 363,667.

Price Graph Since July 2022

The overall price graph since July 2022 shows a rugged gain tendency despite frequent sharp slumps, projecting a slow increase in Bitcoin’s price over the last month from around $23,723 to above $23000 at start of this week before dropping back to around 22K .

Reason For Recent Surge

The recent surge was due to Jerome Powell’s comments on inflation at an economic forum in Washington which caused bitcoin’s prices to skyrocket above 23K although it eventually dropped again below 22K soon after

• Casper price has seen a 30% increase in the last 30 days and currently trades at $0.039.
• Trading volume has spiked by 38%, indicating that investors are accumulating CSPR tokens ahead of a rally to $0.055.
• The Moving Average Convergence Divergence (MACD) indicator is ready to reconfirm a buy signal on the daily time frame chart.

Casper Price Soars To $0.04

Casper price has soared leaving no stone unturned in tandem with the generally bullish cryptocurrency market, trading at $0.039 at the time of writing after seeing a 30% increase in the last 30 days. Additionally, volume has spiked by 38% to $9.1 million in 24 hours which suggests that investors are accumulating CSPR tokens ahead of a forecasted rally to $0.055.

Profiting From Casper In Coming Days

Casper price is trading above all applied crucial moving averages, such as the 50-day Exponential Moving Average (EMA) at $0.033, 100-day EMA at $0.0328 and 200-day EMA at $0.0371; as well as being better positioned to keep the uptrend intact since its MACD line is significantly above the mean line and offers immediate support on the downside if needed with only resistance at $0

• Bitcoin’s price has been increasing in recent weeks despite global economic conditions, with investors and experts alike being surprised.
• The crypto industry as a whole has been gaining traction, with P2E, Defi and NFTs all gaining increased engagement from investors.
• The question remains if Bitcoin is consolidating in the $23k range or if it is accumulating for a surge in the near future.

The cryptocurrency market has been making quite the impression in the past couple of months. What had been expected to be a period of bearish downturns and range-bound trading has instead seen the frontrunner crypto, Bitcoin, surge in demand and value. At present, the digital asset is trading at around the $23,000 mark, and while it is still yet to break the all-time high of $20k, the current state of the crypto industry is looking quite promising.

Several top altcoins have been gaining momentum, and the entire blockchain sector including categories like P2E, Defi and NFTs has been gaining engagement from investors in increasing quantities again. In light of the current economic conditions on a global level, these positive movements in the crypto industry have put investors at a standstill. While many new investors are entering the market in huge numbers today, the same wasn’t the case up until a couple of weeks ago.

At present, the biggest question on everyone’s minds is if Bitcoin is consolidating in the $23k range or accumulating for a spike in the next couple of days. Consolidation and accumulation are both technical terms that refer to the process of trading where investors buy and hold onto assets for a longer period of time in order to increase the value.

In the case of Bitcoin, accumulation could indicate a bullish trend in the near future. However, the coin could also be in a process of consolidation, where the value of the coin is unlikely to go up or down drastically in the near future. This is an important factor to consider, as it could determine the direction of the digital asset in the coming weeks.

It is important to note that the current market conditions are highly unpredictable and anything could happen in the near future. Investors and traders need to keep a close eye on the market and make informed decisions in order to ensure they make the most out of their investments.

• APT, APE, MEMAG, FGHT, CCHG, RIA, and TARO are among the top crypto gainers today.
• Aptos (APT) has gained over 264% in the last 30 days, and ApeCoin (APE) has gained over 8% in the last 24 hours.
• Most cryptocurrency experts believe that the next bull run will take place by the end of 2023.

Cryptocurrency has been gaining a lot of interest lately, with many investors looking to take advantage of the low prices before the next bull run. With this in mind, it is important to keep track of the top crypto gainers today.

Aptos (APT) was one of the first coins to start a positive rally back on December 30, 2022. Since then, it has seen a growth of over 264% in the last 30 days and 254% in the last two weeks. Just yesterday, the coin gained almost 7%, pushing the price to $13.65 and making it one of the top crypto gainers today. On Friday’s trading session, APT broke past the resistance at $8.1 to close the day at $11, a 36% increase in a day. The coin is currently using the $11 level for support as Aptos bulls target higher prices.

Another coin that is amongst the top crypto gainers today is ApeCoin (APE). In the last 24 hours, APE has gained over 8%. This is an impressive feat, considering the overall bearish market. The coin is expected to continue the upward trend as the bulls gain momentum.

Furthermore, experts believe that the next bull run will take place by the end of 2023 and continue in the first quarter of 2024. This is great news for investors, as it means that there is still time to invest in coins while the prices are low. Many of the coins have already started their presale stages and are going for affordable prices before listing.

All in all, it is important to keep track of the top crypto gainers today in order to stay ahead of the game. By being aware of the coins that are making the most gains, investors can make wise decisions and capitalize on the opportunities that the market provides.

• Bitcoin price is currently trading at $21,191 and is facing resistance at $21,470.
• If buyers manage to break the resistance level, Bitcoin will resume its current uptrend and reach peaks of $22,794 and $25,068.
• On the other hand, if the resistance zone rejects Bitcoin, it will fall above the $18,391 breakout level.

The Bitcoin market is currently trading in a tight range as the current uptrend remains stationary. As of this writing, the price of one Bitcoin is $21,191. This is just below the $21,470 resistance level which has kept the current uptrend stationary. Bitcoin is currently facing strong resistance at this level and if buyers manage to break it, the cryptocurrency will resume its current uptrend.

The bullish momentum in the Bitcoin market has been strong as the price of the cryptocurrency rose sharply over the past few weeks. This has caused the market to become overbought, leading to the current retest of the $21,470 historical price level of November 5. If the resistance is broken and the uptrend continues, the price of Bitcoin could reach peaks of $22,794 and $25,068.

On the other hand, if the resistance zone rejects Bitcoin, it will fall back above the $18,391 breakout level. This could lead to a pullback in the market as traders take profits and the price of the cryptocurrency corrects itself. Furthermore, if the bearish momentum persists, the price of Bitcoin could drop to the support levels of $25,000, $20,000, and $15,000.

Overall, it is important for traders to remain vigilant and wait for the resistance zone to be broken before entering the market. If it does, the bullish momentum will resume and the price of Bitcoin could reach new highs. However, if the resistance holds, the market could experience a pullback as traders take profits and the price of the cryptocurrency corrects itself.

• Cardano is a cryptocurrency that has been gaining high potential with investors in terms of growth in 2023.
• The crypto market is currently valued at around $855 million, and many investors are confident in the token’s future.
• Santiment noted that Cardano was the top blockchain in the world in 2022 in terms of development activity.

Cardano is one of the few cryptocurrencies that has managed to gain the trust of its respective communities and has been showing high potential in terms of growth for 2023. The current crypto market is valued at around $855 million, and many investors are confident in the token’s future.

One of the main factors that sets Cardano apart from other cryptocurrencies is its development activity. According to Santiment, Cardano is the top blockchain in the world in terms of development activity. The amount of code that Cardano developers have been contributing to its open-source projects has been steadily increasing over the years, and this is a testament to the amount of effort being put into the project.

The team behind Cardano has also been working on several new features that are expected to be released in 2023. These features are designed to make the network more secure and efficient, as well as improving its scalability.

Another factor that makes Cardano an attractive investment opportunity is its low cost. In comparison to other cryptocurrencies, Cardano is still considerably cheap and this makes it a good option for investors who are looking to diversify their portfolios.

Finally, Cardano is also backed by some of the leading figures in the crypto industry. The team is supported by Charles Hoskinson, who is the co-founder of Ethereum and the CEO of IOHK, and Michael Parsons, who is a well-known professor of financial economics and a board member of Cardano. This further adds to the credibility of the project and is a major factor when it comes to investment decisions.

All these factors make Cardano an interesting option for investors who are looking to make long-term investments in the crypto space. The project is well-positioned to benefit from the overall growth of the crypto market, and investors can benefit from the potential upside that Cardano could provide in 2023.