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New data reveals that deep-pocketed crypto investors are shifting hundreds of millions of dollars worth of crypto assets, including Bitcoin (BTC) and Dogecoin (DOGE).

Crypto trader Ali Martinez predicts that Bitcoin (BTC) is poised for an upward move, but a temporary dip may occur first. According to Martinez, Bitcoin is likely to break above the upper trendline of a bullish ascending triangle. However, before the breakout, the trader expects Bitcoin to decline to $33,000. This correction is estimated to be around 5%.

Gemini Trust Co., led by the Winklevoss twins, has filed a lawsuit against Genesis and its parent company Digital Currency Group (DCG) over the control of Grayscale Bitcoin Trust (GBTC). This legal battle stems from a dispute regarding the Gemini Earn program, where users could lend digital assets to Genesis Global.

The Bitcoin price has been leading the cryptocurrency market recovery since the third week of October. However, it appears to be stalling at the pivotal $35,000 level, raising questions about the sustainability of the current rally.

A recent lawsuit has alleged that Genesis, a prominent digital asset company, has taken actions that have harmed Earn users and impeded their recovery of digital assets. The lawsuit claims that it is crucial to address these issues promptly to allow Genesis to proceed with a reasonable plan of reorganization and enable Gemini to distribute the collateral proceeds to Earn users.

Sam Bankman-Fried, the 31-year-old crypto magnate, is currently facing a trial in New York where he vehemently denies any fraudulent activity. This is a stark contrast to his previous reputation as a pioneering force in the cryptocurrency world.

The energy usage debate has generated significant discussion and concern in recent years. However, the negative impact of this debate may not be as pronounced as initially anticipated. This article explores the key points raised by Amanda Fabiano, former head of mining at Galaxy Digital and industry consultant, regarding the impact of the energy usage debate.

The crypto options market is experiencing a significant boom, with the notional open interest reaching an impressive $20.64 billion. This data, tracked by Switzerland-based Laevitas, reveals a striking similarity to the peak recorded on November 9, 2021, when bitcoin was trading above $66,000. It is worth noting that the current open interest in contract terms is substantially higher than it was in November 2021.

Bitcoin's potential significant upside risk has a short expiration date. Analysts, led by Yukari Kusu, explain that there are two possible scenarios for Bitcoin's price movement.

Turkey has recently announced its intention to impose a regulatory structure on crypto assets, signaling a significant shift in its financial strategy. This move is outlined in the 2024 Presidential Annual Program, which highlights the government's definitive approach towards cryptocurrencies, a market that is rapidly gaining traction within the country.

The XRP price recently broke through a key resistance at $0.55, signaling the potential for further bullish momentum. However, with Bitcoin facing resistance at $35,000, altcoins like XRP are experiencing selling pressure, putting its recent gains at risk.

A widely followed crypto analyst has issued a warning about the future of altcoins in the crypto market. The analyst, known as Credible Crypto, believes that if Bitcoin (BTC) continues its upward momentum, altcoins may fizzle out. While not mentioning any specific digital assets, Credible Crypto cautions investors not to get caught up in altcoin pumps that occur when BTC is going sideways between major price increases.

In the trial of the former billionaire, the judge has limited the defense's ability to use an advice-of-counsel defense. The defense lawyers had sought to introduce this defense across all topics, but the judge has only allowed them to discuss FTX's document retention policy. This means that the defense will not be able to present evidence or arguments related to advice given by lawyers in other areas. The judge's decision narrows the scope of the defense's strategy and may impact their ability to present a comprehensive case. It is important for the defense to carefully consider how they will present their arguments within the limitations set by the judge.

The Department of Justice (DOJ) has consistently opposed SBF's defense strategy in the ongoing case. They argue that this strategy is irrelevant and could potentially distract the jury from the main crime: an $8 billion embezzlement scheme that SBF is accused of.

Injective (INJ) price is unbothered by the widespread consolidation, witnessed in the crypto market since Thursday, up 10% on Friday to trade at $13.15. After rallying by a whopping 547% since the start of the year, the interoperable Layer-1 blockchain powering the next generation of decentralized finance applications (DApps), is closing in on its all-time high of $24.89.

The U.S. Bureau of Economic Analysis has released the personal consumption expenditures (PCE) inflation data for September. The data reveals that inflationary pressures continue to slowly moderate, although rates are still higher than the Federal Reserve's target of 2%.