Steve Bannon Linked Chinese Businessman Found Guilty in Fraud Scheme
Guo was found guilty on nine of the 12 charges, including racketeering, fraud, and money laundering
Posts published on July 16, 2024 go to media archive 1/5
South Korea Considers Deferring Crypto Taxation Until 2028
The ruling party of South Korea is, once again, considering the postponement of the enactment of crypto-specific taxes, as this could influence public opinion towards the government. The party aims to implement these taxation rules by 2028, citing…
‘Bullish narratives’ erupt as XRP surges 35% this week
XRP has surged 35% this week and some traders are anticipating a breakout moment, pointing to a long-term trend they’ve been observing on the price chart.
Bitcoin ETF Inflows Hit Six-Week High of $422.5M
BTC's price has recovered 23% since hitting lows near $53,500 on July 5.
BlackRock's IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows
United States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more than a month.
BNB Price Eyes $600 Milestone: Will Bulls Break The Barrier?
BNB price started a steady increase above the $550 resistance. The price is now consolidating and might aim for more gains above $585. BNB price started a decent upward move from the $500 support zone. The price is now trading above $550 and the…
Memecoins Reign Continues: Most Popular Narrative In Q2 – CoinGecko Report
Following the highs of 2024’s first quarter (Q1), the crypto market faced a retrace during the second one (Q2). Despite this, Memecoins has remained the reigning champion of the market for the last three months. Total Crypto Market Cap Falls 14% In…
Nigeria Police Arrest Self-Proclaimed Crypto Billionaire on Charges of Cryptocurrency Fraud and Terrorism Funding
On July 16, the Nigeria Police Force confirmed the arrest of Linus Williams, a self-proclaimed crypto billionaire also known as Blord. Williams faces charges related to internet fraud, terrorism funding, and violations of the Central Bank of…
XRP Price Grinds Higher: Is A Break Above $0.60 Imminent?
XRP price extended its increase above the $0.550 resistance zone. The price is showing positive signs and might extend gains above $0.5850 and $0.600. XRP price started another increase above the $0.550 resistance zone. The price is now trading…
Trump election bets boost Polymarket volumes to record $116M in July
A massive surge in US Presidential election bettors has already brought Polymarket record-breaking volumes just two weeks into July.
Ethereum Faces $3,500 Hurdle: What’s Next for the Altcoin Giant?
Ethereum price remained stable above the $3,400 resistance zone. ETH again tested $3,500 and seems to be struggling to continue higher. Ethereum is holding gains and struggling near the $3,500 zone. The price is trading above $3,400 and the…
Bitso Integrates Lightspark for Bitcoin Lightning Network
Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin…
Shiba Inu (SHIB) Tipped For Explosive 1,440% Rally To $0.0003 By 2024-2025
The dog-themed meme coin Shiba Inu (SHIB) has seen a notable price recovery over the past 24 hours amid the broader market rally. After hitting a five-month low of $0.00001274 on July 5, the coin has gained 8% in the past 24 hours and is up a…
Bitcoin Price On The Rise: Is The $70K Mark Within Reach?
Bitcoin price gained over 15% and broke the $65,000 resistance level. BTC is still showing positive signs and might attempt to move above the $66,000 level. Bitcoin extended its increase above the $65,000 resistance zone. The price is trading above…
Traders eye $71.5K Bitcoin price as open interest jumps 13%
Bitcoin may be gearing up to move above $70,000 now it has reclaimed a critical level that traders have been closely watching for the past two months.
Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows
Fake ‘professors’ use phoney loans to trick victims in latest crypto scam
The scam often starts on a Facebook ad where those interested click the link and are met with a “Letter from the Professor” or “Letter from the Dean” on the company website.
Crypto Analyst Predicts Multiple God Candles For XRP, How High Can It Go?
A crypto analyst remains highly optimistic about XRP Ledger’s native token, XRP, predicting the appearance of multiple God candles that could potentially propel the cryptocurrency into a strong bullish rally. Breaking Resistance Could Trigger God…
Ripple Donates $1 Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren
Ripple Labs has donated $1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed…
Bitcoin whales set to stack more amid ‘overestimated’ Mt. Gox FUD: Analyst
CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to “speculative FUDs,” giving smart money a way to buy up cheap Bitcoin.
JPMorgan Bullish on Gold Prices Into Year-End
Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its…
XRP & Litecoin See Social Media FOMO: Bad Sign For Prices?
Data shows that users on social media are overwhelmingly showing FOMO towards XRP and Litecoin, something that could be a bearish sign for their prices. Weighted Sentiment Has Spiked For Both XRP & Litecoin Recently According to data from the…
Trump Says He’ll Release Fourth NFT Collection: 'The People Want Me to Do Another One'
Trump’s presidential campaign has raised about $3 million in crypto, mostly bitcoin and ether.
Erik Voorhees Warns of Financial Apocalypse — Advises Best Thing Trump Can Do
Erik Voorhees, founder of Shapeshift, has warned about the U.S. national debt’s catastrophic trajectory. He foresees a bond market collapse and ruination, calling it the most catastrophic event of our lifetimes. Voorhees advocates for bitcoin…
FTX and CFTC agree to $12.7B settlement, subject to court approval
The US commodities regulator didn’t seek a civil monetary penalty, meaning the entire $12.7 billion would be used to pay back FTX’s creditors.
Tanzania Seeks to Shore up Local Currency With Directive Mandating Tourists to Use Shillings
Tanzania’s Ministry of Tourism and Natural Resources has mandated that all fees in the tourism sector must be paid in local currency, aligning with a government directive for local transactions to use the country’s shillings. This requirement…
Bitcoin price rally to $65K fueled by ‘complete exhaustion’ from sellers — Glassnode
Bitcoin price displayed surprising strength after various market participants absorbed over 48,000 BTC that the German government sold.
Bitcoin, Ethereum Rising: Analyst Explains Why The Next Bull Run Will Be “Crazier”?
At spot rates, Bitcoin and top altcoins like Ethereum and Solana continue to edge higher. Despite the retracement earlier today, BTC is firm and trending above the $60,000 psychological round number. At the same time, ETH and SOL prices are firm…
Angel Drainer reportedly shuts down after devs potentially identified
Two hours after Match Systems claimed to have discovered the identity of Angel Drainer developers, users began complaining that the app no longer worked.
Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency
Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to…