83 / 339 Relevant items tagged with #crypto
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Crypto-Friendly Mercado Libre Becomes Latam’s Largest Company
[Aug 4, 2024 7:56 AM] Mercado Libre, a financial and e-commerce service company with its own cryptocurrency token, became the largest company in Latin America after announcing its financial results for Q2. Mercado Libre announced a net income of $531 million…
Stacks (STX) Drops 23%, But Recent Devs Might Slow The Trend
[Aug 4, 2024 6:30 AM] With the hostile market environment, Stacks (STX) has continued its downward spiral as bears mount the pressure. According to CoinGecko, the token is down nearly 23% since last week, worsened by the current correction phase the market has entered…
Blockchain and Nation-State Infrastructure: Why Bother?
[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…
India’s Crypto Raid Uncovers Massive Fraud in Ladakh
[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…
Robert Kiyosaki Declares Market Crash Has Arrived — ‘Losses Are Substantial’
Wondering When To Buy Bitcoin? Here Are The Levels To Watch
[Aug 3, 2024 11:00 PM] Due to market volatility and Bitcoin (BTC) price fluctuations, identifying the best times to buy the pioneer cryptocurrency can be challenging. Taking this into consideration, a crypto analyst has pinpointed key price levels for investors to…
Morgan Stanley’s 15,000 Financial Advisors Can Start Pitching Bitcoin ETFs to Clients Next Week: Report
[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…
JPMorgan Expects Silver Prices to Soar in 2025
[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…
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
[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…
QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
[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…
Can XRP Rally 1,000X Despite The Drop Below $0.6?
[Aug 3, 2024 4:00 PM] A crypto analyst predicts that the price of XRP, the native token of the XRP Ledger (XRPL) could witness a 1,000X rally soon. Despite the recent significant decline in the cryptocurrency’s price, the analyst remains confident in the future outlook…
Solana Rebound: SOL To Hit $260 Despite Continuous Dip, Analyst Says
[Aug 3, 2024 11:30 AM] Solana (SOL) has been on a rollercoaster ride of late, with its its value seeing erratic shifts and even retreating in many instances. For Solana, the sharp swings in the market have presented a difficult picture; nevertheless, experts still have…
Trump Floats Bitcoin Payments As Solution To $35 Trillion US Debt Crisis
[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…
Will August Again Be A Drag For Bitcoin? Here’s What Historical Data Says
[Aug 3, 2024 5:00 AM] In the Bitcoin and the overall crypto market, August has long been observed as a quieter month, with historical data showing a consistent downturn in both activity and asset value during this time of the year. Coinbase’s analysis further…
Coinzoom Operations Suspended in Ohio Following Regulatory Examination
[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…
Morgan Stanley Authorizes Advisors To Offer Bitcoin ETF Products, Report
[Aug 3, 2024 3:30 AM] Morgan Stanley, one of the largest investment banks in the United States, has announced that it will soon allow its 15,000 financial advisors to offer Bitcoin ETF (exchange-traded fund) products to eligible clients. Interestingly, this is the…
Airbnb Host Imposes No Mining Rule After Guests Rent Her Property to Mine Crypto
[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…
Bitcoin and Crypto to Gain as Falling Rates Expand Global Liquidity, Says 21shares VP
[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…
Could Bitcoin Outshine Gold? Trading Guru Weighs In On The Historic Financial Duel
[Aug 3, 2024 2:00 AM] In the digital asset world, the only valid rival for Bitcoin asides Ethereum is often regarded as Gold. So far, many analysts and experts have continued to make comparisons between these two assets especially to see what price Bitcoin could trade…
New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau
[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…
Judge Urged to Jail Man Who Spent $10M Mistakenly Sent by Crypto.com
[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…
Crypto Analyst Warns That Bitcoin Could Crash To $42,000 If This Happens
[Aug 3, 2024 12:30 AM] In a recent price analysis, a crypto analyst has highlighted a crucial support level for Bitcoin (BTC), emphasizing the possibility for the pioneer cryptocurrency to plummet significantly to new lows if it fails to maintain certain key levels. …
Markets in Freefall: US Stocks Plummet and Crypto Crashes After Shocking Jobs Report
[Aug 3, 2024 12:23 AM] Following a heinous jobs report, questions are arising about whether the United States will experience a soft landing or if a full-fledged recession is on the horizon. All five major U.S. stock market indices saw notable declines on Friday, and the…
Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
[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…
State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges
[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…
ARB Market Plummets 14%, But New Developments Could Reverse The Trend
[Aug 2, 2024 9:30 PM] Arbitrum resumes its drive downward along with the broader market downturn investors are experiencing today. According to the latest market data, ARB is down nearly 14% since last week, putting more pressure on the bulls to slow the bearish tide. …
DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
[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…
El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation
[Aug 2, 2024 6:10 PM] Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government…
France Opens for MiCA Applications, First Among Biggest EU Economies
[Aug 2, 2024 4:04 PM] France's Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.