• Market Cap: $2,515,079,088,524.73
  • 24h Vol: $98,883,989,836.44
  • BTC Dominance: 51.46%
Hodler's Digest: Sam Bankman-Fried Convicted, SEC Subpoenas PayPal, and More News from Oct. 19 - Nov. 4

Hodler’s Digest: Sam Bankman-Fried Convicted, SEC Subpoenas PayPal, and More News from Oct. 19 – Nov. 4


1. Former FTX CEO Sam Bankman-Fried found guilty on all charges in criminal trial.

2. PayPal receives subpoena from SEC regarding its stablecoin.

3. Invesco and Galaxy’s Bitcoin ETF moves forward in application process.

4. Swiss bank SGKB launches Bitcoin and Ether trading with SEBA.

5. Jack Dorsey’s Block reports $5.62B in revenue and $44M in Bitcoin profits in Q3.

Top Altcoin Gainers:

1. THORChain (RUNE) up 39.73%

2. Arweave (AR) up 32.15%

3. Oasis Network (ROSE) up 24.88%

Top Altcoin Losers:

1. Quant (QNT) down -7.34%

2. Pepe (PEPE) down -6.49%

3. Mina (MINA) down -4.13%

Notable Quotes:

1. “He [Sam Bankman-Fried] lied to get customers’ trust.” – U.S. assistant attorney

2. “We are very disappointed with the result.” – Mark Cohen, attorney of Sam Bankman-Fried

3. “Bitcoin demand is going to increase.” – Michael Saylor, CEO of MicroStrategy

4. “High-value NFTs will win on Bitcoin.” – Danny Yang, CEO of Metagood

5. “I don’t own any Bitcoin, but I should.” – Stanley Druckenmiller, billionaire investor

6. “F*** regulators.” – Sam Bankman-Fried, former CEO of FTX

Bitcoin price predictions for 2024 and beyond:

– Matrixport predicts $45,000 year-end price target

– BitQuant predicts BTC/USD will surpass $69,000 peak before April 2024

FUD of the Week:

1. SafeMoon executive team charged with fraud and unregistered securities sales

2. Floki and Bitget accuse each other of market manipulation after token listing

3. Oyster Protocol founder sentenced to 4 years in jail for tax evasion

Other Articles:

– Controversial glitch artist Patrick Amadon stirs controversy

– The rags-to-riches tale of Polygon’s Sandeep Nailwal

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