CZ Requests Dismissal of “Irrational” $1.76B FTX Clawback Lawsuit
The previous CEO of Binance, Changpeng ‘CZ’ Zhao, has submitted a request to dismiss a lawsuit from FTX that seeks to retrieve almost $1.8 billion. On November 10, 2024, FTX, led by Sam Bankman-Fried, initiated legal action against Binance and CZ. This lawsuit
![[LIVE] Current Crypto Update, August 6 – BTC Price Dips Once More To $113K And XRP Drops Under $3: Top Altcoins To Consider?](https://i3.wp.com/99bitcoins.com/wp-content/uploads/2025/08/IMG_0825-300x208.png?ssl=1 "[LIVE] Current Crypto Update, August 6 – BTC Price Dips Once More To $113K And XRP Drops Under $3: Top Altcoins To Consider?")
[LIVE] Current Crypto Update, August 6 – BTC Price Dips Once More To $113K And XRP Drops Under $3: Top Altcoins To Consider?
The market is suffering another downturn. BTC took a dive to $112,750 during Trump’s recent address. Although it quickly recovered to $113,000, altcoins continued their decline: Ethereum fell to $3,700, and XRP is back under $3. Amidst this turmoil, these moments may provide
Is Crypto asset Still a Smart Investment in 2025? Here Are 3 Reasons to Consider Investing
Following a robust Q4 204, somewhat marred by the correction in H1 2025, it’s appropriate to ponder: Is crypto asset a worthwhile investment? The debate over the correct answer continues, particularly with recent pessimism as BTC has increasingly been on a downward trend,
China’s Strategy to Cripple the Dollar: Wise Investments Are Focusing on Hong Kong
The recent crypto prohibition from China has introduced yet another appealing aspect to the Asian markets. China is orchestrating a price drop for the opportunity to make purchases. At 99B, our hypothesis suggests that China enforces a ban on BTC ▼-0.28% when prices
Did Elon Musk Just Unveil Bitcoin’s Future: Here’s Why Quantum Computing Won’t Eliminate SHA-256
Elon Musk’s recent crypto challenge was issued through Grok, his AI bot. The burning question is: Is Bitcoin’s SHA-256 algorithm resilient against quantum computing? He made the post on the same day that IBM unveiled Blue Jay, a quantum initiative that seeks to
Remitly Is Incorporating Stablecoins Into Key Business Sectors To Enhance Cross-Border Transactions
The digital financial services firm, Remitly, headquartered in the US, is incorporating stablecoins into its international payment platform, indicating a significant shift from its former approach to global money transfers. Operating in 170 countries, Remitly mainly caters to immigrants and workers abroad who
![[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown](https://i0.wp.com/99bitcoins.com/wp-content/uploads/2025/04/Fatima99btc.jpg?ssl=1 "[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown")
[LIVE] Crypto Update August 5 – What Cryptocurrency to Invest in Today for Sustainable Profits? Bitcoin and ETH Accumulation Rises Amid DEX Slowdown
Monday offered some respite for the market following a weekend that resulted in the liquidation of hundreds of millions in long positions. However, behind the scenes, discerning investors are steadily accumulating specific assets. So, which cryptocurrency should you consider purchasing today for long-term
CFTC and SEC Kick Off Crypto Sprint to Revamp U.S. Regulations
A new era of cryptocurrency regulation officially commenced on August 1, as the Commodity Futures Trading Commission initiated what it’s calling a “crypto sprint.” Acting Chair Caroline Pham stated that the CFTC is collaborating with the SEC, under the leadership of newly appointed
Metaplanet Increases Holdings by 463 BTC: Total Assets Nearing $2 Billion
Japanese investment firm Metaplanet has intensified its commitment to Bitcoin. On 4 August 2025, the company reported its most recent acquisition of 463 Bitcoin, valued at about $54 million. Metaplanet’s cumulative BTC holdings now stand at 17,595. CEO Simon Gerovich took to X
UK Might Be Overlooking Another Crypto Surge, Cautions Ex-Chancellor George Osborne
In a cautionary message to the UK government, ex-Finance Minister George Osborne stated that Britain risks being “left behind” in the international crypto asset competition. As reported by a Financial Times article released on 4 August 2025, Osborne noted, “Britain failed to seize
