Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board
The South African alternative investment firm has bought one bitcoin.
HashFlare Founders Plead Guilty To Running $577 Million Crypto Ponzi Scheme
In a significant legal outcome, Sergei Potapenko and Ivan Turõgin, both 40 years old from Estonia, have pleaded guilty to running a large-scale Ponzi scheme involving crypto assets that defrauded “hundreds of thousands” of victims globally. The US Department of Justice (DOJ) announced that the defendants have agreed to forfeit over $400 million in assets […]
Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says
Institutional crypto futures positioning suggests a weakness in demand, the report said.
ECB Develops Blockchain Payment System for CBDC, BTC Bull Token Captures Retail Interest
The difference between the US and EU approaches to crypto has become evident as the European Central Bank (ECB) is building a blockchain system to process CBDC (Central Bank Digital Currency) transactions. ECB President Christine Lagarde also nixed the idea of a European Bitcoin reserve due to $BTC’s volatility and frequent use in illicit activities […]
Ye, Self-Proclaimed ‘Nazi’ Who Said ‘Coins Prey on Fans,’ Plans YZY Token
Seventy percent of YZY tokens will go to Ye (a.k.a. Kanye West), personally.
Trump Pushes DOGE Redistribution—20% Back To Americans
Donald Trump, the President of the United States, is thinking of a bold idea that might directly put money in the pockets of American people. Related Reading: Strategy Sits Tight On 478K Bitcoin—No New Purchases In Last 7 Days According to multiple reports, under the concept referred to as the “DOGE Dividend,” 20% of government […]
Crypto Pundit Says Ethereum Price Is ‘Destined’ To Reach $10,000 This Cycle, Here’s Why
The Ethereum price is drawing attention to its potential future outlook, as a crypto pundit points to a striking resemblance between the altcoin’s price action and Bitcoin’s during the 2015-2017 bull cycle. The analyst’s technical chart analysis suggests that ETH is destined for a breakout to $10,000 this cycle, marking new all-time highs. Ethereum Price […]
US SEC Launches New Unit To Protect Investors From Crypto And AI Fraud
The US Securities and Exchange Commission (SEC) announced on Monday the establishment of the Cyber and Emerging Technologies Unit (CETU), aimed to combat misconduct in the crypto and artificial intelligence (AI) sectors. SEC’s Strategic Move To Combat Cyber Misconduct According to an official release from the SEC, the CETU will replace the previous Crypto Assets […]
Bitcoin’s Price Stuck Within A Relative Narrow Range, Will A Breakout Occur Soon?
After a sudden pullback a few days ago, Bitcoin seems to have briefly regained its upside momentum, rising from about $93,300 to $96,300. Despite the slight rebound, BTC’s price is still trending within a key range that is likely to determine its next trajectory in the short term. Sideways Price Action Persists For Bitcoin IC […]
Bitcoin ETFs See Institutional Ownership Multiply 55x In Less Than A Year
The institutional adoption of Bitcoin exchange-traded funds (ETFs) has experienced an unprecedented surge in the past 11 months, underscoring a tectonic shift in the way traditional investors interact with digital assets. Related Reading: Crypto Tax Incoming: Nigeria Eyes Digital Assets For Revenue Boost Bitwise data indicates that the number of institutional holders of US spot […]