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DOJ Selects Coinbase to Provide Crypto Services to US Marshals Service

[Jul 2 3:21 PM] The Department of Justice (DOJ)’s U.S. Marshals Service has selected crypto exchange Coinbase to provide crypto custody and trading services. The U.S. government’s contract, valued at over $32 million, aims to streamline the management…

Dave Portnoy’s Crypto Advice: Stick to Bitcoin — Says ‘I’ve Learned That the Hard Way’

[Jul 1 5:16 PM] Dave Portnoy, founder and owner of Barstool Sports, has recommended that investors focus on bitcoin for their crypto investments. “I’ve learned that the hard way,” he said, reflecting on lessons from his past crypto investing…

Digital Assets See Outflows for 3rd Consecutive Week

[Jul 1 4:14 PM] Coinshares reported consecutive weekly outflows in digital asset investment products, totaling $30 million. Ethereum faced its worst year-to-date net flows with $61 million in outflows, while multi-asset and bitcoin ETPs saw inflows of $18 million…

The Definitive Guide to Tapioca DAO: Part Two

[Jun 30 5:15 PM] This piece is the second half of a guest post by Emiri, published originally on Blocmates. Read Part One here. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto…

The Six-Digit Struggle: What if Bitcoin Falls Short of $100K?

[Jun 30 9:15 AM] As bitcoin continues to lead the cryptocurrency market, its notable climb beyond previous peaks has drawn the interest of investors and supporters alike. The dominant cryptocurrency’s latest performance suggests it might approach a triple…

The Definitive Guide to Tapioca DAO: Part One

[Jun 29 7:37 PM] This piece is a guest post by Emiri, published originally on Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. Blocmates is especially adept at…

Robert Kiyosaki Cautions Against Bitcoin ETFs — Prefers Owning ‘Real Bitcoin’

[Jun 29 5:16 PM] Rich Dad Poor Dad author Robert Kiyosaki has cautioned against investing in bitcoin exchange-traded funds (ETFs). He prefers investing in actual bitcoin, calling bitcoin ETFs fake bitcoin. He recently revealed that he buys bitcoin every month and…

FTC Warns: Social Media Investment Scams on the Rise

[Jun 29 2:16 AM] The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with little or no risk. The FTC…

Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested

[Jun 27 8:10 PM] Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation…

Binance CEO Shares Key Tips for Investors Getting Into Crypto

[Jun 27 6:31 PM] Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three…

Robert Kiyosaki Bought 60 Bitcoins at $6K — Now Buys BTC Every Month

[Jun 27 5:16 PM] Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasting it with…

US Offers $5 Million Reward for Information Leading to Onecoin Founder Ruja Ignatova

[Jun 26 11:15 AM] The U.S. government has announced a $5 million reward for information leading to the arrest or conviction of Ruja Ignatova, the Onecoin co-founder who is wanted for orchestrating one of the largest global fraud schemes. Ignatova has been a fugitive…

Digital Euro Holding Limit: Debate Continues

[Jun 25 4:11 PM] The president of Germany’s central bank has highlighted the ongoing debate about the holding limit for the digital euro, Europe’s central bank digital currency (CBDC). He noted that recent Bundesbank research indicates that the optimal…

FBI Warns of Fake Firms Promising to Recover Lost Cryptocurrencies

[Jun 25 5:18 AM] The Federal Bureau of Investigation (FBI) has alerted the public to “an emerging criminal tactic” targeting investors who have already fallen victim to cryptocurrency scams and seek to recover their lost funds. These fraudsters often…

Korean Researcher Says Benefits of Spot Crypto ETFs Are Outweighed by Potential Harm

[Jun 24 9:10 PM] A researcher with the Korean Institute of Finance has warned South Korea against introducing spot cryptocurrency exchange-traded funds (ETFs) because these may pose risks to financial stability. The introduction of spot crypto ETFs could exacerbate…

Wikileaks Founder Julian Assange Freed From Prison — Set to Plead Guilty in US Deal

[Jun 24 7:45 PM] Wikileaks founder Julian Assange has been released from prison after serving five years, following a plea agreement with the U.S. Department of Justice (DOJ). “This is the result of a global campaign that spanned grass-roots organizers, press…

Metaplanet Directors Approve BTC Acquisition Plan; Company’s Stock up by Nearly 500% YTD

[Jun 24 11:10 AM] The directors of Tokyo-based investment and consulting firm Metaplanet Inc. have approved the company’s proposal to purchase Bitcoin worth $6.25 million using bond proceeds. Metaplanet clarified that the acquired cryptocurrency will be…

Bitcoin’s Power Law Model Gains Traction Despite Market Fluctuations

[Jun 23 1:28 PM] In 2020 and early 2021, the stock-to-flow (S2F) bitcoin price model captured widespread attention. Although bitcoin currently stands over 13% below its peak value reached in March, the Power Law Corridor model has become increasingly influential…

Robert Kennedy Jr Promises to Pardon Ross Ulbricht if Elected President — Says He’s Been in Prison ‘Far Too Long’

[Jun 22 3:09 PM] U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to pardon Ross Ulbricht if elected. Like former U.S. President Donald Trump, Kennedy advocates for Ulbricht’s release. Both candidates vow to stop President Joe…

Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’

[Jun 21 6:33 PM] Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government…

Law Enforcement Holds Positive Views on Crypto Despite Crime Concerns, Chainalysis Reports

[Jun 20 6:31 PM] Blockchain analytics firm Chainalysis has found that law enforcement finds cryptocurrency relevant to many investigations and holds positive overall views. The firm also notes the growing adoption of cryptocurrency and its increased criminal…

Circle CEO Shares ‘Super Bullish’ Stance and Unprecedented Optimism on Crypto

[Jun 20 5:16 PM] Circle CEO Jeremy Allaire has expressed unprecedented optimism about the future of crypto, highlighting its transformative potential. “I have been building Circle for over 11 years, and at no time have I been more optimistic than right…

Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG

[Jun 20 3:10 PM] The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burning of more than 53 million…

Australian Bank Halts Development of ETH-Based Stablecoin

[Jun 19 8:43 PM] The National Australia Bank recently abandoned its stablecoin initiative, and the development team behind the project is now involved with the Ubiquity stablecoin. The Australian bank’s decision to shelve the stablecoin project shows that startups…

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

[Jun 19 4:11 PM] Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average…

Balaji Srinivasan Explains Why Crypto Will Dominate Post-AI Money Systems

[Jun 18 5:16 PM] Balaji Srinivasan argues that in the era of AI, money will become cryptocurrency, providing digital scarcity to complement AI’s digital abundance. “AI is digital abundance but it doesn’t make everything abundant. Crypto is digital…

Fidelity’s Director of Global Macro Sees Bitcoin as ‘Exponential Gold’ on Store of Value Team

[Jun 17 6:31 PM] Fidelity Investments’ Director of Global Macro sees bitcoin as “exponential gold” and “an aspiring player on the store of value team.” According to his analysis, bitcoin’s price is “driven primarily by the growth…

Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime

[Jun 17 9:35 AM] Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a record-setting 107 days so…

Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects

[Jun 16 9:36 PM] Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain for projects with a high fully diluted value, the latest Kucoin report has said. Tap-to-earn projects have “remarkably…

Nigerian Regulator Warns Against Investing in Meme Coin Linked to Davido

[Jun 15 2:27 PM] The Nigerian securities regulator warned residents against investing in a meme coin linked to singer and celebrity Davido. The regulator described the meme coin as a highly risky investment, saying investors who invest in it do so at their own…