[Aug 5, 2024 3:30 AM] Felix Sosa, president of the National Power Administration of Paraguay (ANDE), has disregarded reports indicating that a mass exodus of cryptocurrency mining companies could be brewing. Sosa stated that no cryptocurrency company had left the…
[Aug 4, 2024 11:30 PM] Economist and gold advocate Peter Schiff has warned investors that a sharp drop in bitcoin’s price could trigger mass bitcoin exchange-traded fund (ETF) liquidations. “If so, brace for a Crypto Black Monday,” he cautioned. He…
[Aug 4, 2024 9:05 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador proposes using crypto as a tool to complete international settlements with Russia, Argentina…
[Aug 4, 2024 5:34 PM] The price of bitcoin (BTC) fell below the $59,000 threshold on Sunday, hitting a low of $58,080 per unit. Over the past 24 hours, bitcoin’s value has decreased by 3.5% against the U.S. dollar, and it has dropped 13% over the week. Bitcoin…
[Aug 4, 2024 4:25 PM] U.S. Congressman Ro Khanna will host a meeting to help Vice President Kamala Harris improve her relationship with the cryptocurrency industry. This is the second event of its kind in two months to aid Harris’ campaign efforts amid the Biden…
[Aug 4, 2024 1:20 PM] In July, numerous dormant bitcoin wallets, established in 2017, showed substantial activity. This trend continues into August, with 467.63 BTC spent so far, amounting to approximately $28.2 million. Millions on the Move: What’s Behind the…
[Aug 4, 2024 12:00 PM] Recent price movements in the cryptocurrency market have seen Ethereum experience a significant downturn, with the altcoin finally sustaining a break below the critical $3,000 support level. Ethereum has suffered a notable 4.76% decline over the…
[Aug 4, 2024 7:26 AM] The ZKX team’s shutdown serves as a reminder of the critical role that transparency and accountability play in the success and stability of cryptocurrency projects.
[Aug 4, 2024 4:30 AM] We listen to talk after talk about crypto finally achieving asset-class legitimacy, but truly speaking, the encroachment of Wall Street giants into the blockchain space is a double-edged sword. The following is an opinion editorial written by Karel…
[Aug 4, 2024 1:30 AM] India’s Enforcement Directorate (ED) has executed its inaugural raid in the Leh Ladakh region to investigate fraudulent cryptocurrency activities under the Public Money Laundering Act (PMLA). The operation targeted six locations across Leh in…
[Aug 4, 2024 12:30 AM] Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of…
[Aug 3, 2024 11:30 PM] Rich Dad Poor Dad author Robert Kiyosaki has declared that the stock market crash has arrived and “losses are substantial.” He stressed that the crash presents a lucrative opportunity for investors to buy assets at lower prices…
[Aug 3, 2024 8:50 PM] Morgan Stanley is set to offer spot bitcoin exchange-traded funds (ETFs) to select clients through its 15,000 financial advisors starting next week. This marks a significant first for a major Wall Street bank. Advisors can pitch Blackrock’s…
[Aug 3, 2024 8:00 PM] Ethereum (ETH) recently dropped below the critical and psychological support level at $3,000, raising concerns for ETH bulls. This development comes amid the continued decline in revenue generated on the Ethereum network. Ethereum Crashes Below…
[Aug 3, 2024 7:50 PM] JPMorgan, one of the largest investment banks, has predicted that silver prices will soar in 2025, led by different factors including an increase in demand from the expected monetary shifts and silver’s value as an inflation hedge. The price…
[Aug 3, 2024 6:45 PM] U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar…
[Aug 3, 2024 5:40 PM] On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow of $26.7 million, as indicated by recent data. Meanwhile, Grayscale’s Ethereum Trust (ETHE) has…
[Aug 3, 2024 4:20 PM] QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market…
[Aug 3, 2024 3:16 PM] The Orissa High Court in India has reaffirmed that cryptocurrency trading and transactions are neither banned nor deemed illegal in India. Citing the legality of crypto, the court granted bail to Sandeep Chowdhury, CEO of Yes World, who was accused…
[Aug 3, 2024 9:30 AM] In a recent interview with Fox News, former President Donald Trump voiced support for using Bitcoin as a tool to help pay down the United States’ $35 trillion national debt as he positions himself for a potential 2024 presidential…
[Aug 3, 2024 4:30 AM] The Ohio Department of Commerce has ordered crypto exchange Coinzoom to cease operations in the state effective Aug. 1 following a regulatory examination. Current customers can still withdraw their assets, but the exchange cannot accept new…
[Aug 3, 2024 3:30 AM] An Airbnb host, Ashley, shared her experience on Tiktok about guests who accumulated a $1,500 electricity bill by setting up an electric vehicle station and mining cryptocurrency during their three-week stay. Despite leaving the property in…
[Aug 3, 2024 2:30 AM] The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the…
[Aug 3, 2024 1:35 AM] The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction…
[Aug 3, 2024 1:05 AM] Prosecutors are urging a judge to imprison Jatinder Singh, who spent millions of dollars accidentally refunded by Crypto.com. The issue began when Singh attempted to deposit $100 into his Crypto.com account in May 2021. Due to a discrepancy between…
[Aug 2, 2024 11:30 PM] Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon…
[Aug 2, 2024 10:30 PM] Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov…
[Aug 2, 2024 9:18 PM] The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including cryptocurrency businesses…
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