New York Man Pleads Guilty in Crypto-Fueled $25M Money Laundering Case
The U.S. Attorney’s Office and the FBI announced on Friday that Yanbing Chen, a 30-year-old from Brooklyn, N.Y., pleaded guilty to his involvement in an international money laundering and drug trafficking conspiracy. The organization, led by…
Market Signals Hint At Bitcoin’s Potential Fall To $52,000—Analyst
The Bitcoin market is grappling with mixed predictions, fueled by both technical analysis and external factors like geopolitics. Political turmoil has hurt Bitcoin before. When tensions grow, cryptocurrency prices fall, unlike gold, market analysts…
FBI Warns of Ichcoin Targeting American Crypto Investors
The Federal Bureau of Investigation (FBI) has issued a warning about Ichcoin, a fraudulent cryptocurrency platform that is deceiving investors across the U.S. by luring them in through social media, then tricking them into wiring large sums of…
Institutional Investors Predict Surge in Digital Asset Fund Launches, Research Finds
Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of…
Is The Worst Over For Bitcoin? Analyst Suggests Local Bottom May Be Here
A CryptoQuant analyst known as “caueconomy” recently published a post indicating that Bitcoin (BTC) may have reached a local bottom. The analyst points to a significant liquidation event as a key sign that a short-term recovery could be…
UK Finance Publishes Report on Successful Regulated Liability Network
The various use case tests conducted by UK Finance in partnership with Quant, R3, DXC Technology, and Coadjute found that the Regulated Liability Network could unlock new functionalities for the UK’s financial system. The report also states…
Injective (INJ) Down 20% As Market Retracement Forces Sell-Off
As the market buckles under the weight of the bearish sentiment, the altcoin market is continually being pulled further down forcing losses to altcoin holders. Injective is one of those altcoins facing massive losses with the token’s price slashed…
Senator Warren Slams Citibank’s Ongoing Failures — Suggests Breaking up Citi
Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures. Warren stated that Citibank may be…
US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio
The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial…
Similarities Between October 2023 And 2024 Suggests The Bitcoin Price May Still Experience ‘Uptober’
Bitcoin has yet to rally in October, with many bullish proponents awaiting the resumption of an uptrend. Among those closely monitoring the price action in anticipation of an uptrend is a well-known analyst on the social media platform X. This…
Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says
A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are…
Here’s What Will Happen If Bitcoin Respects This MVRV Ratio Support Level
A CryptoQuant analyst using the pseudonym “tugbachain” has recently shed light on a key trend within the Bitcoin market. Posting on the CryptoQuant QuickTake platform, the analyst focused on the Market Value to Realized Value (MVRV)…
Meme Coin Trader Misses A $25 Million Payout After Selling HIPPO On Sui Network Early
Crypto activity is dynamic, and with over two million tokens (and growing), it is hard to know precisely which of these coins will pump and on which network. Admittedly, meme coins have been dominating headlines, especially on Solana. From MooDeng…
Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip
Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price…
CORVA: Want Greater Adoption Of Bitcoin? Use It To Fix Problems.
Follow Frank on X. Bitcoin will not become more widely adopted as a result of intellectual curiosity or because it’s theoretically the best form of money ever. Instead, people will begin to use it because it solves pressing problems in their…
Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the…
RENDER: ‘Uptober’ May Come Late As Token Loses 13%
Render (RENDER) underperforms in the face of the market’s current pullback, resulting to the token experiencing a strong pullback in the past couple of days. According to CoinGecko, RENDER fell by nearly 13% since last week, putting into…
BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year
BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one…
‘FLOKI Master Plan’: Crypto Analyst Predicts 2,000% Jump For The Shiba Inu Competitor
Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting…
CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity.
BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally
At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting…
Crypto Biz: Axelar’s new interoperability stack goes live
With dozens of layer-1 blockchains on the market, communication between networks has become a significant pain point for the broader adoption of Web3-based applications.
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