95 / 339 Relevant items tagged with #CRYPTO
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Year-to-Date Crypto Winners: Meme Coins Outperform in 2024
[Jul 13, 2024 8:20 AM] More than half of 2024 has passed, with bitcoin up 38% year-to-date, and ethereum matching this rise since Jan. 1. According to statistics, several other digital assets have surpassed these two leading cryptocurrencies by market cap. The most…
Chainalysis: $100 Billion in Illicit Crypto Funds Traced Since 2019
[Jul 13, 2024 5:16 AM] Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered that since 2019, nearly $100…
Global Crypto Advocacy Movement Reaches Canada
[Jul 13, 2024 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…
Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In Texas
[Jul 13, 2024 1:30 AM] David Fischer, who serves as a plant manager for a Bitcoin mine owned by Marathon Digital, a public Bitcoin mining company, has been acquitted of having responsibility for several noise complaints brought by citizens living nearby. The operation…
Total Depletion Of German Bitcoin Reserves: Wallet Left With Zero BTC
[Jul 13, 2024 1:00 AM] In what is being hailed as a significant victory for the Bitcoin market, the German government has officially depleted its Bitcoin reserves after holding 50,000 BTC in its wallet just months ago. Bitcoin Wallet Now Empty After Massive Selling Spree…
Analyst Predicts 2,750% Celestia (TIA) Price Explosion To $188, Here’s The Roadmap
[Jul 12, 2024 11:30 PM] The Celestia (TIA) token has suffered one of the worst price crashes following Bitcoin’s decline, falling from as high as $20 to as low as $5 before a brief recovery. However, this crash has not deterred bulls, who believe that this altcoin is set…
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%
[Jul 12, 2024 10:30 PM] Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the…
Bitcoin Price Trajectory Remains Bearish, $49,000 Liquidity Zone Looms As Next Downside Target
[Jul 12, 2024 10:00 PM] The Bitcoin price has recently shown signs of recovery, climbing back to the $58,000 level after hitting a five-month low of $53,500. However, technical analysis suggests that the digital asset may struggle to surpass crucial indicators…
DBS Digital Exchange Sees 3-Fold Surge in Trading Value — Custodied Crypto up 80%
[Jul 12, 2024 9:20 PM] DBS, a leading financial services group in Asia, reports a significant increase in the trading value of digital payment tokens on its digital exchange for the first five months of this year. The surge reflects growing institutional interest in…
China and Kazakhstan Sign CBDC Collaboration Agreement
[Jul 12, 2024 8:35 PM] The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan…
Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally?
[Jul 12, 2024 8:30 PM] A recent analysis from CryptoQuant has revealed that institutional investors have shown a notable level of activity in the Bitcoin market, snapping up a substantial 100,000 BTC over just one week. Particularly, in the past month, these entities…
Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?
[Jul 12, 2024 7:00 PM] The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate…
Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures
[Jul 12, 2024 6:33 PM] Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced…
CME Group Adds XRP to Crypto Benchmarks
[Jul 12, 2024 5:17 PM] CME Group, a leading global markets company, has announced the launch of XRP and ICP reference rates and real-time indices. Ripple CEO Brad Garlinghouse explained that the first step towards institutional crypto products is having a trusted…
Market Strategist Predicts 32% Stock Market Crash, How Will This Affect Crypto?
[Jul 12, 2024 2:30 PM] Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto…
US Senator Discusses Crypto Policies Under Potential Second Trump Administration
Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
[Jul 12, 2024 1:10 PM] The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now, individuals and companies found to be stealing energy for cryptocurrency mining activities will face jail…
XRP Price Eyes Colossal 280% Breakout Amid CME Group Partnership
[Jul 12, 2024 1:00 PM] The XRP price has outperformed its peers among the top ten largest cryptocurrencies on the market, experiencing a significant surge of 13.5% in the past week alone after experiencing a sustained decline from its yearly high of $0.745 in March. …
‘Going Full Hugo Chavez’: Bukele Expands Farmers’ Markets in El Salvador to Fight Price Gouging Practices
[Jul 12, 2024 12:15 PM] President Nayib Bukele compared himself to the late Venezuelan President Hugo Chavez after announcing that Farmers’ Markets, an initiative of the Agriculture Ministry of El Salvador focused on offering lower prices to Salvadorans in selected…
6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod
[Jul 12, 2024 11:30 AM] As more and more investors choose to keep their Ethereum assets frozen rather than actively selling them, the Ethereum ecosystem suddenly finds itself severely short of supplies. The second-largest cryptocurrency in the world could face serious…
Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle
[Jul 12, 2024 10:00 AM] In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s…
$36 On The Crosshair: Injective (INJ) Captures Analyst’s Attention
[Jul 12, 2024 4:30 AM] Injective, or INJ, has lately been causing waves in the crypto scene. Many analysts are hopeful about its future even if it has lately dropped. At $20.45 right now, INJ has a market capitalization of $1.91 billion and a daily trading volume of…
Analyst Upbeat On USTC, Sees Price Soaring Over 300%
[Jul 12, 2024 2:56 AM] USTC has shown notable price movements of late. From an abrupt drop earlier in the year to an optimistic current return, both experts and investors find appeal in the digital asset. USTC plummeted more than 51% from $0.330 at the start of the year…
Core Scientific Partners With Block to Receive 15 EH/s in New Bitcoin Mining ASICs
[Jul 12, 2024 2:30 AM] Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in a project to integrate the first 3nm bitcoin mining chips produced by the latter. Core Scientific will receive…
Trump’s Crypto Aide David Bailey Calls out Reddit Bitcoin Mods on Censorship
[Jul 12, 2024 2:06 AM] David Bailey, CEO of Bitcoin Magazine and aide of the Trump presidential campaign, criticized the behavior of the moderators of r/bitcoin, a popular subreddit where bitcoin-centric news and issues are frequently discussed. On social media, Bailey…
Germany Liquidates Over 90% Of Bitcoin Holdings, Retains Only $284 Million
[Jul 12, 2024 1:00 AM] After a month-long period of increased selling pressure, the German government has nearly exhausted its Bitcoin treasury, selling over 90% of its BTC seized in January in the country’s largest Bitcoin seizure, worth over $2.1 billion. With…
Analyst says Ethereum Will Reach $8,000 ATH, But This Needs To Happen First
[Jul 12, 2024 12:00 AM] A crypto analyst has predicted that Ethereum (ETH), the world’s second-largest cryptocurrency will surge to new all-time highs around the $8,000 price mark. However, for Ethereum to reach this ambitious price target, the analyst emphasized that the…
Kraken Becomes Official Crypto Partner of Spain’s Iconic Football Club Atlético de Madrid
[Jul 11, 2024 11:24 PM] Cryptocurrency exchange Kraken announced its partnership with Atlético de Madrid, one of Spain’s most iconic football clubs, on Wednesday. Starting with the 2024 season, Kraken will be the Official Crypto and Web3 Partner and the Official Sleeve…
SEC Secures Default Judgments in $45 Million Coindeal Fraud Case
[Jul 11, 2024 8:31 PM] The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45…