Charles Gasparino Slams Attorney for SBF Incident: Here’s What Happened

• Charles Gasparino has criticized the law firm Boies Schiller Flexner LLP for representing victims of the Sam Bankman-Fried FTX exchange.
• Gasparino claims there is a conflict of interest due to connections between David Boies and SBF’s uncle James Fox-Miller.
• Creditors are concerned about any potential conflicts of interest that may influence the lawsuit negatively.

Criticism towards David Boies

Charles Gasparino, a media celebrity, has criticized David Boies for representing the victims of the Sam Bankman-Fried FTX exchange. Gasparino, who took to Twitter to convey what appears to be a conflict of interest, stated that the representation is raising eyebrows in the legal community.

Conflict Of Interest

According to Gasparino, Boies already has a conflict of interest because of his ties to those close to Bankman-Fried, better known as SBF. He emphasized how close the lawyer is to SBF’s uncle James Fox-Miller. Additionally, he claimed that his wife assisted SBF with a well-known charity event that was funded by FTX before its collapse.

Influence from Political Class

Sam Bankman-Fried has close connections to the political class, however it is unclear whether this could influence judicial favors towards him or against creditors seeking resolutions in bankruptcy proceedings.

Consequences for Creditors

Creditors are concerned about any potential conflicts of interest that may influence the lawsuit negatively and put them at risk during bankruptcy proceedings if favoritism occurs due to any political influences.

Conclusion

Charles Gasparino has pointed out potential conflicts of interests involving David Boies which could have negative implications on creditors during bankruptcy proceedings if favoritism occurs due to any political influences within Sam Bankman- Fried’s circle.

Peter Schiff’s Bitcoin Prediction Fails, Community Mocks Bearish View

• Peter Schiff is a well-known American businessman, investment broker, author, and financial analyst who is the CEO and chief global strategist of Euro Pacific Capital.
• He is well-known for his bearish views on the US economy and the Federal Reserve, as well as his criticism of government spending and economic intervention.
• Despite Bitcoin performing exceedingly well since his prediction, Schiff continues hating on BTC, advising people to sell and that he anticipates the entire rally to reverse and for the price of Bitcoin to plummet.

Peter Schiff is a renowned American businessman, investment broker, author, and financial analyst who is the CEO and chief global strategist of Euro Pacific Capital. He has gained notoriety for his bearish views on the US economy and the Federal Reserve, as well as his criticism of government spending and economic intervention. In the midst of this, Schiff has also been highly critical of cryptocurrency, particularly Bitcoin.

Schiff has long been of the opinion that Bitcoin is considerably closer to its ceiling than to its floor, and that the yellow line that was earlier considered support is now considered resistance. He has suggested that the wise course of action is to sell now because the upside potential is so small and the downside risk is so great.

Despite this, Bitcoin has since then performed exceedingly well and has grown 27%. This makes Schiff’s advice seem increasingly ridiculous and has prompted many people to question his views on cryptocurrencies. Despite the criticism, Schiff continues to despise Bitcoin and has advised people to sell. He also anticipates „the entire rally“ to reverse and for the price of Bitcoin to plummet below where it was at the start of its rally.

This has been met with much derision from the crypto-community, with many people arguing that it is just another example of Schiff’s poor understanding of the space and his reluctance to accept the potential of cryptocurrencies. Despite this, it appears that the majority of people are still optimistic about the future of Bitcoin, with many expecting it to reach $100,000 in the near future.

ChatGPT Refuses to Provide Trading Guru Advice for Bitcoin’s Price

• ChatGPT is an AI-powered OpenAI creation that can provide Pine scripts (code) to guide traders in understanding the market trend and deciding the best strategic plan.
• ChatGPT refuses to provide any trading advice, but it can provide Pine scripts according to traders‘ requirements and can be added to the chart on trading view to develop the best strategy.
• Coinpedia asked ChatGPT to provide its opinion on Bitcoin’s price in the coming week, to which the AI responded with a refusal to provide any trading guru advice.

The advent of Artificial Intelligence (AI) has taken the world by storm, as its incredible effectiveness in performing multiple tasks with great accuracy has made it the go-to technology for many industries. A prime example of this is ChatGPT, an OpenAI creation that is widely used for its realistic answers to even the trickiest questions. However, ChatGPT has also become a hot sensation in the cryptocurrency market, as it can be used to provide Pine scripts (code) that are compatible with the trading view.

These Pine scripts can be used to identify the trend of a particular crypto asset, such as Bitcoin, and develop the best strategic plan for a trader. By having access to over 100+ indicators, traders can easily develop their own trading strategies and keep track of their investments. However, when asked for a market prediction, ChatGPT refuses to provide any trading guru advice and instead advises traders to invest at their own risk.

Therefore, when Coinpedia asked ChatGPT to provide its opinion on Bitcoin’s price in the coming week, the AI responded with a refusal to provide any trading guru advice. However, ChatGPT did suggest that traders should use its Pine scripts to develop their own strategies and make sure that they are well-informed of the assets before investing. Ultimately, traders must remember that the market is unpredictable and that they should always exercise caution when investing.

Flare Network Airdrop: XRP Holders Receive FLR Tokens, Price Plunges

• Flare Network airdropped FLR tokens to XRP holders after two and half years.
• XRP holders received nearly 4.28 billion FLR tokens distributed like one FLR for every XRP token held.
• The holders dump the FLR tokens bringing down the FLR price.

After two and a half years of anticipation, the Flare Network has finally airdropped its FLR tokens to XRP holders. On Monday night, January 9th, 2023, the airdrop began and caused a stir in the cryptocurrency community. The airdrop was granted to holders of XRP who had at least one token since December of 2020. For every XRP token held, one FLR token was distributed. This distribution event accounts for 15% of the Flare Network’s total supply. The remaining 85% of the tokens will be dispersed through the next three years.

The Flare Network is a Layer 1 blockchain platform that allows developers to create interoperable applications. Layer 1 is the base layer of the blockchain and makes use of third-party services to gain information from other networks. FLR holders will have a say in how the next airdrops will be distributed as well as give their opinion on other projects taking place.

Unfortunately, after XRP holders received the FLR tokens, many of them quickly dumped them, causing the price of FLR to plummet more than 50%. This sudden drop in price has caused much speculation as to the cause, with some attributing it to the general market decline while others suggest it is due to the uncertainty of the Flare Network and its capabilities.

Despite the sudden decline in price, many believe the Flare Network will be an integral part of the cryptocurrency industry. With the launch of its interoperable applications, Flare Network could potentially revolutionize the way blockchains interact with one another and facilitate the development of new and innovative projects. Furthermore, the airdrop of FLR tokens to XRP holders has provided many people with a chance to acquire tokens at no cost.

In conclusion, the Flare Network airdrop of FLR tokens has been a long-awaited event and it is finally here. Despite the decline in price of FLR tokens, many still believe in the potential of the Flare Network and its applications, and are optimistic that it will become an integral part of the cryptocurrency industry.

Orbeon Protocol (ORBN) Soars 805%! Unlock New Capital with Equity-Based NFTs

• Orbeon Protocol (ORBN) has had an 805% increase this week due to successful phase 3 of public presale.
• Cardano (ADA) and VeChain (VET) are both expected to have successful runs in the near future.
• Orbeon Protocol (ORBN) offers startups a new way to access capital, allowing them to mint equity-based NFTs that can be bought and sold on the blockchain.

The week’s market action has been a roller coaster ride, with some cryptos surging while others pull back. One of the biggest winners this week is Orbeon Protocol (ORBN), which has had an 805% increase during phase 3 of the public presale. This has put it in the spotlight, as investors and traders alike are interested in what this project has to offer. On the other hand, Cardano (ADA) and VeChain (VET) have remained relatively steady, but are expected to have successful runs in the near future.

Orbeon Protocol (ORBN) is a blockchain-powered platform that provides access to resources necessary for startups to succeed. Instead of relying on venture capitalists, banks, or other traditional funding sources, startups can mint equity-based NFTs that can be bought and sold on the blockchain. This unlocks a new form of capital, allowing startups to access the funds they need to be successful. Smart contracts are used to eliminate any intermediaries, providing a more efficient and trustless digital marketplace.

The platform also has a built-in incentive system to reward users for their contributions. The rewards come in the form of ORBN tokens that can be used for trading, staking, and other activities. This tokenomics system provides users with a real economic incentive to engage with the platform and help it grow.

The platform is still in its early stages, but the team has ambitious plans for the future. They are currently working on building a decentralized trading platform, decentralized exchange, and launching a Decentralized Autonomous Organization (DAO). This will provide users with a secure and trustless environment to trade their assets and engage in other activities.

The Orbeon Protocol (ORBN) team is also working on expanding its reach by building partnerships with major players in the blockchain industry. This will allow them to tap into a larger user base, which will ultimately lead to more success.

Overall, Orbeon Protocol (ORBN) offers an innovative way for startups to access the resources they need to succeed. With the platform’s built-in incentive system, users are rewarded for their contributions, giving them a real economic incentive to engage with the platform. The team is also working on building partnerships and expanding its reach, which will only lead to more success in the future.

Sam Bankman-Fried Faces Severe Consequences for Alleged Wrongdoing

• SBF is facing severe consequences for his alleged wrongdoing, which he has denied.
• Crypto Attorney John E. Deaton stated in a FOX Business interview that SBF is “toast” and that pleading not guilty has made matters worse for him.
• SBF is being charged with conspiracy to conduct wire fraud, conspiracy to commit money laundering, and conspiracy to abuse consumer cash.

Sam Bankman-Fried, a prominent public figure, is facing severe consequences for his alleged wrongdoing, which he has denied. During a FOX Business interview on January 3, Crypto Attorney John E. Deaton stated that SBF is “toast”, implying that the judicial system will continue to investigate and hold SBF accountable for his crimes. This comes after rumours circulated about SBF pleading guilty before the news was confirmed.

Deaton pointed out that SBF has lived extravagantly since his extradition from the Bahamas, adding that pleading not guilty has made matters worse for him. He trusts that the judicial system will continue to investigate and hold SBF accountable for his crimes, as his allies Caroline Ellison and Gary Wang have already testified to the claims against them and there is evidence to support them.

SBF is being charged with conspiracy to conduct wire fraud, conspiracy to commit money laundering, and conspiracy to abuse consumer cash. He is due to appear in court on February 23 for his trial date.

The allegations against SBF have sparked fierce debates among the crypto community, with some arguing that he is guilty and deserves to be held accountable for his actions, while others are defending him. No matter the outcome of the case, it is clear that the case will have far-reaching implications for the crypto industry and SBF’s reputation.

It remains to be seen how the case will unfold, but one thing is certain – this is a story that will be talked about for years to come. Only time will tell what the ultimate outcome will be, but it is clear that SBF is in for a long and challenging legal battle ahead.

New Meme Token BONK Airdrops Half of Total Supply, SBF Behind It?

• Bonk (BONK) is a new meme token with a Shiba Inu emblem that airdropped half of its total supply of 56 trillion tokens.
• Solana community has shown enthusiasm for BONK, leading to an uptick in SOL.
• Some people seem to think that disgraced FTX founder Sam Bankman-Fried is the brain behind the new meme coin.

Bonk (BONK) is a new meme token with a Shiba Inu emblem that recently airdropped half of its total supply of 56 trillion tokens. This airdrop was done as a tactic to acquire users or as a reward for the community members. Solana community has shown great enthusiasm for BONK, leading to the increase in the price of SOL. The price of SOL has increased by 17.7% in the last day and 25% in the last week, reaching $13.85 at press time. Solana NFT collections received around 20% of Bonk’s airdrop supply or about 300,000 tokens. CoinGecko also reported that the Shiba Inu-themed meme coin increased by over 100% in the previous 24 hours.

Although the reason behind the surge in the token’s popularity is still unknown, many people seem to think that disgraced FTX founder Sam Bankman-Fried is the mastermind behind the new meme token. Ben Armstrong, known as Bitboy Crypto, tweeted that if people do not think SBF/Alameda is behind BONK, then they are being intellectually dishonest. He went on to say that SBF was also behind the SUSHI token, and that he had already done a dog coin named SAMO.

It is still unclear whether SBF is in fact the mastermind behind BONK. However, the token’s popularity and its surge in price suggest that there is something to it. Whatever the case may be, it seems that the new meme coin is here to stay and will be generating a lot of buzz in the crypto space.

Bitcoin Price Fluctuates Ahead of FOMC MoM Meeting: Will it Break the Bearish Trap?

• Bitcoin price underwent a slight upswing during the early trading hours and is expected to surpass $17,000 at the earliest.
• The crypto markets have been impacted positively by the FOMC’s MoM and the market sentiment is growing ahead of the meeting.
• Bitcoin prices have been responding positively as they surged to some extent but are still struggling to break out of the bearish trap.

The crypto markets are expected to remain highly volatile this week as Bitcoin’s price could make or break it. As the market sentiment grows ahead of the Federal Open Market Committee’s (FOMC) MoM meeting, the price of Bitcoin (BTC) is expected to surge at the earliest.

At the beginning of this week, Bitcoin price underwent a slight upswing and is believed to surpass $17,000 at the earliest. Despite the positive market sentiments, price variations are also expected to become more intensified as multiple events may compel the price to remain highly volatile.

The FOMC meeting has been having a positive impact on the crypto space in recent times and hence the markets tend to rise expecting better rates. The BTC price is currently maintaining a stagnant trend without being too volatile. However, this could be attributed to the gigantic fall in the second week of December 2022, when Bitcoin prices plunged significantly.

Since then, Bitcoin prices have been responding positively as they surged to some extent, however, they are still struggling to break out of the bearish trap. This is why the fears of a minor pullback continue to haunt the rally as the price has been unable to reach the expectations of the investors.

Apart from the FOMC meeting, several other events could have an impact on the price of Bitcoin. For instance, the US Securities and Exchange Commission’s (SEC) decision to delay its decision on the VanEck Bitcoin exchange-traded fund (ETF) application could also have a bearing on the price.

Additionally, the US Treasury’s decision to impose severe sanctions on companies and individuals associated with digital currency could have a negative effect on the price. This could be compounded by the news of the US Internal Revenue Service (IRS) increasing its crackdown on individuals who are not reporting their crypto-related income.

It remains to be seen how the crypto markets will remain volatile this week. The Bitcoin price could make or break it, depending on the news flow from the FOMC meeting and other events. Investors should be prepared for potential price fluctuations in the coming days and weeks.

2023: A Bright Year for Crypto Despite Cramer’s Reservations

1. In a poll conducted by CoinMarketCap, 83.11% of respondents expressed a bullish attitude for the coming year for crypto, while Jim Cramer expressed his reservations about cryptocurrency.
2. Jim Cramer is a financial commentator and television personality who is best known for hosting „Mad Money,“ a financial advice show that airs on CNBC.
3. Despite the optimism of many, the year 2022 was a difficult one for cryptocurrencies, with Bitcoin, Ethereum, and Polygon experiencing significant depreciation.

The year 2022 was a difficult one for the crypto market, with Bitcoin, Ethereum, and Polygon all experiencing significant depreciation. This was compounded by the demise of FTX, a major crypto exchange, due to liquidity issues. Despite this, many remain optimistic that 2023 will be a better year for crypto.

A poll conducted by CoinMarketCap revealed that 83.11% of respondents expressed a bullish attitude for the coming year, while only 16.89% believed it would be bearish. However, financial commentator and television personality Jim Cramer has a different opinion.

Cramer is best known for hosting „Mad Money,“ a financial advice show that airs on CNBC. He is also the co-founder of The Street, a financial news and analysis website. In regards to cryptocurrency, he expressed his reservations on Friday, saying he would not invest in it „in a million years.“

Cramer believes that the market is too volatile and unpredictable, and that it is impossible to accurately predict which cryptocurrencies will make a profit in the future. He also noted that some of the more popular coins, such as Bitcoin and Ethereum, have been incredibly volatile in the past.

Despite Cramer’s reservations, many remain optimistic about the future of cryptocurrency. With more and more companies, organizations, and governments investing in and embracing blockchain technology, many expect 2023 to be a much more lucrative year than 2022.

There are also a number of new entrants to the market, such as Polkadot and Cardano, which could help to drive the market forward. With more investors entering the market, greater liquidity, and greater regulatory clarity, 2023 could be a breakout year for the crypto market.

Only time will tell if 2023 will be a better year for crypto than 2022, but one thing is for certain: the future of cryptocurrency is bright. With more people investing in crypto, greater regulation, and more innovative projects, the market could be in for a strong year.

Cardano Price Prediction 2023 – Will ADA Reach $1?

• Cardano’s price has been in a steep descending trend for a while and is expected to see a notable upswing soon.
• Interim bullish action may help push the price up temporarily, but it is unlikely that the ADA price will reach beyond $1 in 2023.
• The token was in a state of decline for more than a year with no sign of a rebound.

The cryptocurrency market has seen a great deal of fluctuations in the past few years. Cardano (ADA) is one of the projects that has been struggling since its inception in 2017. It has seen a great deal of downward pressure in the past year and has been unable to break out of its bearish cycle. As a result, Cardano price prediction for 2023 is not looking too positive.

This year has been a difficult one for the digital asset, as the ADA price has been trading within a steep descending trend. The token has plummeted from its all-time high of $1.20 in January 2020 to its current price of around $0.34. This has been mainly due to the market-wide sell-off that took place in the first quarter of 2020.

Despite this, Cardano price prediction for 2023 still remains somewhat optimistic. According to some analysts, the token may soon undergo a notable upswing that could help the price reach the $1 mark. This could be due to the interim bullish action that is expected to take place in the near future. This could potentially help the ADA price reach its 2023 highs, which is why some investors are still optimistic.

However, the current market conditions make it unlikely that the token will reach beyond $1 in 2023. The bearish cycle that Cardano has been in for more than a year has made it difficult for the token to gain any positive traction. This could be seen in the token’s liquidity, which has been falling since the beginning of 2020.

Furthermore, the ADA price has failed to gain any significant traction from its multiple partnerships with big companies. This could be due to the lack of investor confidence in the project, which could further hamper its price prediction for 2023.

Overall, Cardano price prediction for 2023 is still somewhat uncertain. Although the token may experience a short-term upswing due to the interim bullish action, it is unlikely that it will reach the $1 mark by the end of 2023. This could be due to the bearish cycle that the token has been in for more than a year, coupled with its lack of liquidity and investor confidence. Nevertheless, the digital asset still has potential to reach its 2023 highs, which is why some investors are still optimistic.