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#moonbix  Donnez-nous une pièce de monnaie au clair de lune

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Biggest Movers: LINK, SOL Race to Highest Levels Since 2022 Chainlink extended recent gains on Wednesday, as the cryptocurrency rose to its highest point since last year. Prices rose by as much as 9% today, taking the total gain to 50% over the last seven days. Solana was another notable gainer, surging over the $33.00 mark. Chainlink (LINK) Chainlink (LINK) was a notable gainer on Wednesday, as the token rose to a by as much as 9% in today’s session. Following a low of $9.84 on Tuesday, LINK/USD rallied to an intraday peak at $11.55 earlier in the day. As a result of the move, the cryptocurrency climbed to its strongest point since last year, when price peaked over $12.00. Looking at the chart, the latest surge in price has kept the relative strength index (RSI) above the 80.00 level. At the time of writing, the index is tracking at 81.87, which is its highest point since August 2020, which is deep in overbought territory. LINK is trading at $11.13, as of writing.

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Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented 57% of the overall $136.29 million in short positions erased in the last 24 hours. Misleading Report on SEC Decision Shakes Bitcoin Market, Erasing Millions in Short Bets On Monday, the crypto-focused media outlet Cointelegraph disseminated false information via social media platform X and its Telegram channel, triggering a more than 10% spike in bitcoin (BTC) value against the U.S. dollar. The digital currency briefly touched $29,900 per coin before plunging to $28,100 per unit once the news was debunked. Cointelegraph, despite issuing an apology, was too late to prevent the market upheaval that resulted in the obliteration of $78.92 million worth of short positions. Data from Coinglass reveals that in the past four hours, BTC short positions accounted for $71.36 million of the liquidated shorts. Around $2.49 million in Solana (SOL) short positions were also liquidated, among others. The $78.92 million represented a staggering 57% of the day’s total short positions liquidated in the last 24 hours. In the same four-hour timeframe, long positions in Ethereum (ETH) exceeding $18 million were also liquidated. Following the exposure of the counterfeit news, short positions on Bitfinex dropped drastically. Concurrently, long positions on Bitfinex saw a surge before the false news was confirmed, but have since declined. The fallacious news event led to a significant number of traders being liquidated, potentially deflating the speculation surrounding the actual decision. The most substantial liquidations came from BTC, ETH, XRP, BNB, and SOL.

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Former FTX Boss Sam Bankman-Fried to Testify on Thursday in High-Stakes Trial Ex-FTX chief Sam Bankman-Fried is slated to make his case directly to the jury in his ongoing trial, as shared by his defense lawyer, Mark Cohen. Bankman-Fried’s decision to testify comes on the heels of several witnesses who have spoken against him in recent weeks. Facing Accusations: Sam Bankman-Fried Prepares to Plead His Case Directly to Jury Having already shared his side of the story with outlets like The New York Times and Good Morning America, Sam Bankman-Fried (SBF) is gearing up to assert his innocence to a panel comprising 12 jurors and six alternate jurors. Defense counsel Mark Cohen announced that SBF will take the witness stand, in a press statement conducted via teleconference on Wednesday. This development has been widely reported, with Matthew Russell Lee of Inner City Press providing insights. Russell Lee has confirmed that he will be broadcasting a live stream of SBF’s testimony through social media platform X. SBF has sat through testimonies from past colleagues, including Caroline Ellison, Gary Wang, and Nishad Singh. He has also heard from FTX’s former general counsel and the CEO of Blockfi, all of whom have testified against him. Despite these challenges, the ex-FTX CEO maintains his innocence, pleading not guilty to all charges, even as he stares down a potential sentence of over 100 years in prison. His testimony is scheduled for Thursday, October 26, 2023, and Cohen has hinted that it will be a comprehensive examination likely to take all day. SBF won’t be the only one speaking in his defense; Joseph Pimbley of PF2 Securities is also set to testify on his behalf. The latest development follows strategic moves by both the U.S. government and SBF’s defense team as they submitted their juror preferences and requests in anticipation of the trial’s outcome.

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