Indian National Pleads Guilty in Case Involving ‘Largest Single Cryptocurrency and Cash Seizure in DEA History’
An Indian national has pleaded guilty in a case involving “the largest single cryptocurrency and cash seizure” in the U.S. Drug Enforcement Administration (DEA) history. The defendant “is designated as a Consolidated Priority…
Peter Brandt Highlights Bitcoin Price Pattern Key to Keeping BTC’s Bull Trend Healthy
Veteran trader Peter Brandt has highlighted a bitcoin price pattern that frequently appeared in past major bull runs. “It is the Hump …Slump …Pump… Dump [HSPD] that keeps a bull trend healthy,” he explained…
Binance Survey: 73% of European Users Optimistic About Crypto’s Future
A new Binance survey has found that 73% of European respondents are optimistic about the future of crypto, with 55% exclusively using cryptocurrencies for everyday purchases. “We are delighted to see the high level of optimism amongst…
Stellar Development Foundation Votes to Delay Protocol 20 Upgrade Amid Bug Concerns
The Stellar Development Foundation wishes to put a hold on the upcoming Protocol 20 upgrade of the Stellar blockchain network, originally scheduled for January 30. This decision follows the discovery of a bug that could impact the Soroban smart…
Kresus App and Worldcoin’s Tools for Humanity Forge Web3 Partnership
On Monday, Kresus, the Web3 platform specializing in cryptocurrencies and non-fungible tokens (NFTs), unveiled a collaboration with Tools for Humanity, the creators of the Worldcoin initiative and the World ID identification system. World ID Meets…
Hong Kong’s SFC Issues Warning on Floki’s ‘Highly Risky’ Staking Programs
A Hong Kong watchdog, the SFC, has cautioned investors about the enticing yet potentially risky ‘Floki Staking Program’ and ‘Tokenfi Staking Program,’ which offer high annualized returns without the required regulatory green…
Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now…
Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023…
The Inmerion crypto casino and sports betting is a new kid on the block, but it already looks like a tempting piece for players. From raking in 5 bitcoins to showering players with daily 20% cashback, Inmerion provides a diverse and engaging gaming…
Hong Kong to Strenghten OTC Crypto Market Regulation
Hong Kong will now focus on regulating over-the-counter (OTC) cryptocurrency trading, according to local sources. Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim stated that the government will aim to mitigate the risks…
Spectacular Swings — The Week’s Victorious Crypto Climbers and Fallen Token Challengers
Bitcoin has seen a 2.9% rise against the U.S. dollar in the past week, while ethereum has experienced a 5.8% decline during the same period. Several cryptocurrencies have made notable gains over the past seven days. Leading the pack is manta…
On Jan. 29, 2024, ethereum’s price dynamics display a nuanced interplay of market elements. The current price of ether stands at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its substantial market…
Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $41,950 to $42,069 within the last hour. Indicators such as…
Kaspersky Alerts Public About Mac Specific Malware Targeting Crypto Wallets
Kaspersky, the cybersecurity firm based in Russia, has issued a public warning regarding a new malware strain that particularly targets Mac users, focusing on their crypto wallets. This malicious software, which infiltrates computers via…
Regulatory Clampdown — Alaska and Florida Order Binance US to Cease Operations
A recent report indicates that regulatory authorities in Alaska and Florida have prohibited Binance US from operating within their jurisdictions. This development comes in the wake of Binance, along with its previous CEO Changpeng Zhao, reaching a…
Study: BTC Is the Most Popular Crypto Asset, Crypto Exchanges Among the Least Trusted Service Providers
The data from the latest Coinover study suggests that 17% of the participants own cryptocurrency and 30% plan to do so in the coming year. About 50% of those interviewed said they were positive about their financial earnings, while 20% expressed…
Interpol Publishes Report on Crime in the Metaverse
The International Criminal Police Organization, known as Interpol, has issued a report that examines the metaverse from a law enforcement perspective. The report considers illegality in the metaverse, including metacrime, metaverse forensics…
Atlantic Council: Belief That Dollar Does Not Need to Innovate Is a ‘Miscalculation’
The U.S. Federal Reserve is lagging behind its peers like the Bank of China in terms of the resources and manpower dedicated to developing a central bank digital currency. According to a blog post, the belief that the dollar does not need to…
Latam Insights: Argentina’s Milei States Dollarization Is Close, Bitfarms Expands In Paraguay
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei reiterates dollarization is near, Bitfarms announces a new site in…
Congressman Rand Paul Reintroduces ‘Audit the Fed’ Bill
Congressman Rand Paul reintroduced the Federal Reserve Transparency Act, also known as the “Audit the Fed” Bill, as a standalone piece of regulation into the U.S. Senate. The bill seeks to take the lid off what Paul considers to be the…
RFK Jr. and Donald Trump Both Vow to Stop the Fed From Issuing US Central Bank Digital Currency if Elected
U.S. presidential candidates Robert F. Kennedy Jr. (RFK Jr.) and Donald Trump have independently promised the American people to stop the creation of a central bank digital currency (CBDC) in the U.S. if elected President. “I will protect…
Vanguard Says No to Bitcoin ETFs — Views Crypto as ‘Immature Asset Class’ With ‘No Inherent Economic Value’
Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little…
Market Strategist Gareth Soloway Eyes $15K Bitcoin in Event of Stock Market Slide
In a recent interview with Gareth Soloway, the chief market strategist at verifiedinvesting.com, Soloway suggested that bitcoin might revisit the $15K level should a significant stock market sell-off occur. Soloway Predicts Potential Bitcoin Dip to…
Coinbase Nears Historic 1 Million Bitcoin Milestone Amid Rise in Reserves and ETF Activity
Recent data reveals Coinbase Global is on the brink of holding 1 million bitcoins, requiring just an additional 5,019 bitcoins to cross this significant milestone. In the preceding fortnight, Coinbase has witnessed its bitcoin reserves grow by…
2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses
In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin…
Animoca Brands’ Darewise Entertainment, Creator of Life Beyond, Announces Strategic Partnership With DFZ Labs, Creator of Deadfellaz
PRESS RELEASE. Darewise Entertainment (“Darewise”), a subsidiary of Animoca Brands and the visionary force behind the Life Beyond gaming destination, announced today a strategic partnership with DFZ Labs, creator of the world-renowned Web3 brand…
Bitcoin Stabilizes Over $42,000 as Crypto Fear and Greed Index Shifts to Neutral
Recently fluctuating within the realms of “greed” and “extreme greed,” the Crypto Fear and Greed Index transitioned into a “neutral” phase on Sunday, Jan. 28, 2024. This shift coincides with…
Sleeping Bitcoin Wallets Awake: Over $14 Million in BTC Moved From Long-Inactive Addresses
Based on the latest onchain data, on Jan. 27, 2024, a wallet established on Aug. 28, 2013, transferred 115.50 bitcoin valued at $4.84 million, marking its first activity in more than a decade. Furthermore, two dormant accounts from 2017 also…
Morgan Stanley on Decline of US Dollar, JPMorgan Warns of a BTC Selloff, BTC Mining Improved, and More — Week in Review
Morgan Stanley has raised concerns about the potential decline of the U.S. dollar’s dominance due to the increasing interest in digital currencies. Meanwhile, JPMorgan has warned of a potential bitcoin selloff, anticipating a $3 billion…
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