US Treasury's Financial Crimes Unit Proposes Cracking Down on <b>Cryptocurrency</b> … – USNews.com
www.google.com

… cryptocurrency "mixers" to combat the use of the tool by malicious actors, including the Palestinian militant group Hamas. (Reporting by Hannah …

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Bitcoin ETF Approval Anticipated To Trigger Fiat Influx Of $24-50 Billion
www.newsbtc.com

In a recent report released by Matrixport, a digital assets financial services platform, the spotlight shifts beyond Bitcoin (BTC) as the eagerly anticipated approval of a Bitcoin spot Exchange-Traded Fund (ETF) by the US Securities and Exchange Commission (SEC) could have far-reaching effects.  According to the analysis, not only could the Bitcoin market experience a […]

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Bitcoin Flashing Bullish Signal As BTC Volatility Prepares To Make ‘Grand Entrance’, Says Glassnode Co-Founders
dailyhodl.com

The co-founders of the crypto analytics firm Glassnode believe Bitcoin (BTC) is about to soar as it holds above $28,000. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say a key indicator is flashing for the crypto king. The traders look at the Bollinger bands bandwidth […]

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Gemini, Genesis and DCG Lied to Investors and Tried to Hide $1,000,000,000 in Crypto Losses, Alleges New York AG
dailyhodl.com

New York State Attorney General (AG) Letitia James is suing three large crypto firms for allegedly defrauding over 230,000 Americans. In a new press release, AG Letitia James says that she is taking legal action against the crypto exchange Gemini, the lending firm Genesis and the investment giant Digital Currency Group (DCG) over allegations that […]

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NY Attorney General Sues Crypto Firms for Defrauding Investors
crypto-economy.com

New York Attorney General Letitia James has filed a lawsuit against three cryptocurrency firms, Gemini, Genesis, and Digital Currency Group (DCG), for allegedly defrauding investors of more than $1 billion through a deceptive investment program. According to the lawsuit, Gemini, a crypto exchange founded by the Winklevoss twins, launched Gemini Earn in February 2023, a […]

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Fidelity Shakes up Market With Updated Bitcoin ETF Application
u.today

Fidelity’s move might push approval of Bitcoin ETF closer to reality

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Lightning Network Sees Record Adoption Amidst New Applications
bitcoinmagazine.com

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Lightning Network, a node-based payment protocol designed to solve Bitcoin’s solvability problem, has shattered all […]

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Tim Draper warns of crypto scams using his AI-synthesized voice
cointelegraph.com

Advancements in AI have made it possible to create deepfake videos and voices in which scammers write the scripts to try and illegally obtain others’ crypto.

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Another Curious Ripple (XRP) Rumor (Hint: It’s not the IPO)
cryptopotato.com

TL;DR Speculation suggests France might use XRP for its digital euro, backed by positive references from Banque de France. The European Union is progressing towards a digital euro with recent European Central Bank movements. Bhutan and Montenegro have already collaborated with Ripple for their CBDC efforts. Could XRP Find a Spot in France’s Future Financial […]

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BitPanda Secures VASP License in Norway, Bolsters European Presence
www.financemagnates.com

Vienna-based crypto exchange Bitpanda has secured a virtual asset service provider (VASP) license in Norway as it continues its expansion in Europe. With the addition of Norway to its list of regulated markets, Bitpanda has strengthened its presence in the region. The company holds licenses in Austria, Germany, Czechia, France, and Sweden. In a statement […]

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US Treasury's financial crimes unit proposes cracking down on <b>cryptocurrency</b> mixers
www.google.com

… cryptocurrency “mixers” to combat the use of the tool by malicious actors, including the Palestinian militant group Hamas. (Reporting by Hannah …

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Coinbase Says Pushing Crypto Offshore May Increase Amount of Illicit Activity
dailyhodl.com

The largest US-based crypto exchange wants to prevent crypto from thriving in offshore jurisdictions. In a new blog post, Coinbase says leaving crypto to flourish abroad where entities are not subject to US laws will only enable bad actors to easily use digital assets for illicit purposes. “We maintain a robust compliance program, which includes […]

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Crypto Analyst Says Bitcoin (BTC) ‘Fighting Crucial Levels’, Does a Deep Dive Into the Altcoin Cycle
dailyhodl.com

A widely followed crypto analyst is breaking down Bitcoin’s (BTC) trajectory while taking a hard look at the altcoin cycle. Crypto trader Michaël van de Poppe tells his 668,800 followers on the social media platform X that BTC is in the midst of “fighting crucial levels.” “Bitcoin fighting crucial levels.  A retest around $27,700 would still be […]

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Hashing It Out: Diving into cross-chain DeFi lending
cryptonews.com.au

Cointelegraph’s Hashing It Out podcast talked with MultiChainZ chief operating officer Aanchal Thakur to discuss a popular decentralized finance (DeFi) use case: lending. Host Elisha Owusu Akyaw and Thakur explored what makes a cross-chain lending platform different from other platforms and the potential risks it entails. Other highlights include conversations about institutions, DeFi lending, nonfungible […]

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NYAG Sues Genesis, Gemini, DCG for Defrauding Crypto Investors of $1 Billion
cryptonews.com.au

The New York Attorney General’s office has filed a lawsuit against Genesis Global Capital, Gemini Trust, and Digital Currency Group (DCG) this morning. The complaint also includes allegations against Soichiro Michael Moro, the former CEO of Genesis, and Barry E. Silbert, the founder and CEO of DCG. “These cryptocurrency companies lied to investors and tried […]

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What is USDT? All About Tether Stablecoin Cryptocurrency
www.newsbtc.com

USDT, also known as Tether, has become an integral part of cryptocurrency markets since its launch in 2014. Pegged 1:1 to the US dollar, it is the most widely used stablecoin with a market capitalization of over $83 billion as of October 2023. But it is also controversial, with opaque reserves and questions around its […]

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Meta chief AI scientist says AI won't threaten humans
cointelegraph.com

Yann LeCun a chief AI scientist at Meta said labeling the existential risk of AI is “premature” and it’s “preposterous” that AI might kill off humanity.

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Three Extremely Important Crypto Market Insights From Binance's Recent Market Research
u.today

Q3, 2023, brought pivotal shifts in crypto landscape marked by regulatory decisions and institutional moves

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Grayscale Submits Update to SEC Seeking Approval of Its ETF
crypto-economy.com

Grayscale Investments is stepping up its efforts to bring a Bitcoin ETF to the market. Following a recent ruling by the United States Court of Appeals for the District of Columbia Circuit, which urged the Securities and Exchange Commission (SEC) to reevaluate its application, Grayscale submitted a fresh registration statement to the SEC . This […]

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Spot Bitcoin ETF is Inevitable: Jay Clayton (Throwback Thursday)
cryptopotato.com

TL;DR Former SEC Chair Jay Clayton believes a spot Bitcoin ETF approval by the SEC is “inevitable,” noting high demand from both retail and institutional investors. Bitcoin price spiked on a false alarm of SEC approval; real approval could drive substantial institutional investment similar to the impact of gold ETFs on the gold market. The […]

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Crypto Taxation: Navigating the IRS Guidelines for Bitcoin
www.financemagnates.com

Governments are increasingly concerned about how to tax cryptocurrencies, notably Bitcoin, as they grow in popularity and influence in the financial world. In the United States, the Internal Revenue Service (IRS) has issued instructions for reporting bitcoin transactions and ensuring tax compliance. Cryptocurrency as a kind of property The IRS considers cryptocurrencies such as Bitcoin […]

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<b>Cryptocurrency</b> firms sued in New York over alleged $1bn investor fraud – BusinessLIVE
www.google.com

New York attorney-general Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and …

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Macro Guru Dan Tapiero Says Crypto Being Adopted at ‘Breakneck’ Speed, Highlights Trillion-Dollar Opportunity
dailyhodl.com

Macro guru and crypto fund manager Dan Tapiero says that the adoption of digital assets is happening quickly and there are no signs of it slowing down. In a new interview with Coin Bureau host Guy Turner, Tapiero says that the crypto space has seen massive growth in the past four years alone. “When I […]

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XRP Price Prediction: Rare Bent Fork Pattern Predicts Explosive 3000% Surge To $15
www.newsbtc.com

Crypto analyst Egrag Crypto has been continuously bullish on the future of the XRP price and the latest prediction proves this. This time around, the crypto analyst is using a rare Bent Fork Pattern to back up his prediction that the XRP price is headed for double-digits. The Rare Bent Fork Pattern Egrag first mentioned […]

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IRS crypto tax reporting rules threat to industry — Coinbase legal chief
cointelegraph.com

The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January 2026.

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Doge Uprising ($DUP) Announces Presale Launch: A Trailblazing Crypto Project Uniting Manga, Web3, Smart Staking, and NFTs
cryptonews.com.au

Boston, Massachusetts, October 19th, 2023, Chainwire Doge Uprising ($DUP) is a brand new crypto presale set to make its mark in Q4. This project stands out from the crowd with its unique features. Its detailed roadmap paints a vibrant picture of a Web3 universe enriched by an exclusive NFT collection and an interactive manga series. […]

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Pantera Capital Leads $22 Million Investment in Derivatives Exchange SynFutures
cryptonews.com.au

SynFutures, a Singapore-based decentralized exchange (DEX) focused on perpetual futures, has just secured an impressive $22 million in its latest funding round. The funding round, which pushes SynFutures’ total funding to $38 million, was spearheaded by Pantera Capital and also saw participation from SIG DT Investments, a subsidiary of the Susquehanna International Group (SIG DTI), […]

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Bitcoin Price: Here's Why $28,000 Level Is Crucial
u.today

$28,000 price mark emerges as critical juncture for flagship cryptocurrency

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Onramp, BitGo Unveil Bitcoin Custody Solution to Tap Trillions in Institutional Capital
bitcoinmagazine.com

Onramp, a bitcoin asset management firm, has officially announced the launch of their new multisig custody platform. In an era where the way bitcoins are stored and managed becomes crucial, Onramp brings an innovative solution that promises to set a new standard in the industry. Traditional bitcoin storage methods have posed a significant dilemma for […]

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What Does the Latest Testimony on FTX Downfall Suggest About Future of the Industry?
www.financemagnates.com

Few events in the cryptocurrency and blockchain industries have prompted as much controversy and speculation as the recent testimony on FTX’s supposed breakdown. FTX, previously regarded as a rising star among cryptocurrency exchanges, has suffered a succession of setbacks and controversies that have prompted concerns about the exchange’s future and the industry’s broader ramifications. A […]

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Billionaire Mike Novogratz Predicts Bitcoin (BTC) ETF Before 2024, Says Gary Gensler Feeling the Pressure
dailyhodl.com

Billionaire Mike Novogratz is predicting that a Bitcoin (BTC) exchange-traded fund (ETF) will hit the market before 2024 as pressure mounts on Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC). In a new interview with CNBC, the Galaxy Digital CEO says that all signs point toward a spot market BTC ETF […]

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Basel Committee Proposes New Crypto Asset Disclosure Format for Banks
crypto-economy.com

The Basel Committee, composed of global banking regulators, has introduced a proposal aimed at providing greater transparency regarding major banks’ cryptocurrency related asset holdings. The proposal outlines a standardized format that banks will be required to follow, with the implementation set for January 2025. As noted in the report, the primary objective is to offer […]

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