Dimitri-H / Bit-Block.org (@GraciousInterests)

This week in #Crypto 08/10/2023 ********************* 1- Many traders seem to be positioning themselves for a bull run. Research shows that the $BTC exchange reserves have plunged to lows not seen in five years, as short and long-term holders are currently in a HODL phase. 2- The case between the US Securities and Exchange Commission and #Ripple saw a massive update this week, as the request for an interlocutory appeal was denied by the judge. 3- Arthur Hayes – the former CEO of #BitMEX and one of the exchange’s founders – is back at it with another massive #Bitcoin price prediction. He believes the cryptocurrency will hit at least $750K in 3 years. 4- It turns out that the secret backdoor for #Alameda in the #FTX platform was actually discovered months before the collapse. This became clear recently as the trial against SBF is ongoing. 5- The popular decentralized social media platform http://Friend.Tech was targeted by hackers once again. This time, the perpetrator was able to steal 234 $ETH in a day.