Markets Archives - TheCryptoDesk

Dogecoin Surges 50% as Bitcoin Bulls Make a Strong Comeback: Weekly Crypto Recap

Cryptocurrency, Markets / Kalum D'Arcy Short

After a period of consolidation and correction, the cryptocurrency market is showing signs of renewed activity. Most coins are experiencing gains, propelling the total market capitalization close to $2.8 trillion. Bitcoin’s price has notably surged, with a roughly 10% increase over the past week, now hovering around $70,000 and showing stability in recent days. The […]

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Sam Bankman-Fried, Former FTX CEO, Receives 25-Year Prison Sentence

In his three decades of legal practice, Judge Kaplan expressed astonishment at witnessing a performance akin to that of Sam Bankman-Fried, also known as SBF, during the sentencing proceedings. SBF, the erstwhile CEO and founder of the now-defunct cryptocurrency exchange FTX, has been handed a sentence of 300 months, equivalent to 25 years, with an