"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Bernstein's latest bitcoin price prediction.Sam Bateman Fried's trial winds down and circle phases out retail service. You're watching Coindesk Daily, I'm your host, Jen Sani. Let's take a look at the markets. The coin desk, Bitcoin price XX index is currently trading around $34,200.
The FT X founder defense has so far tried to suggest that the exchange grew too quickly without sufficient oversight or risk planning. However, prosecutors have worked to poke holes in that narrative. The commodity futures Trading Commission has paid out $16 million to whistleblowers. This year, most of the 1530 tips involved crypto. According to Commissioner Christie Goldsmith Romero, the CFTC regulates derivatives markets in the US.
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Closing Arguments in Sam Bankman-Fried's Trial Will Begin; October Was 'Uptober' for BitcoinSam Bankman-Fried's five week criminal trial could be reaching the end soon, with closing arguments expected to begin on Wednesday. Lawyer Omar Ochoa shares his thoughts on the latest legal developments. CoinDesk Indices head of research Todd Groth explains how bitcoin (BTC) performed during the month of October.
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