The U.S. Attorney’s Office, Southern District of New York (USAO-SDNY), is charging the chief financial officer of The Epoch Times, Bill Guan, with one count of conspiring to commit money laundering and two counts of bank fraud. According to the USAO-SDNY, Guan entered into a transnational conspiracy with others that included the media outlet’s foreign-based […]
TL;DR TON’s Remarkable Surge: The Telegram Open Network (TON) has experienced an impressive 10% surge in just 24 hours, propelling it into the top 10 cryptocurrencies by market cap. Its value now stands at nearly $18 billion, with a current trading price of $7.25. Altcoin Momentum: While TON shines, other altcoins are also making waves. […]
TL;DR Tether invests $18.75 million in XREX Group to drive cryptocurrency adoption and global financial inclusion. The investment aims to revolutionize cross-border payments with the launch of XAU1, a new stablecoin. The collaboration also aims to innovate in regulatory technology to prevent the illegal use of stablecoins, thereby strengthening security in the crypto ecosystem. Tether, […]
US Securities and Exchange Commission (SEC) Chairman Gary Gensler delivered a cautionary message to cryptocurrency exchanges, underscoring that merely providing disclosures to investors does not immunize them from regulatory scrutiny. Crypto Disclosure Gaps and Regulatory Concerns Speaking in an interview with CNBC yesterday (Wednesday), Gensler stressed the inadequacy of disclosures alone, especially if crypto exchanges […]
XRP price is slowly moving higher above the $0.5200 zone. It is now facing hurdles near $0.5320 and might correct lower in the near term. XRP is attempting a fresh increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break below a key […]
Mike Novogratz predicts that the largest cryptocurrency is on track to hit $100,000 this year
… cryptocurrency. Binance and exchanges including Kraken are being sued at London's Competition Appeal Tribunal (CAT) in a case brought on behalf of …
The U.S. Federal Bureau of Investigation (FBI) issued an alert on June 4, highlighting a surge in cryptocurrency-related fraud involving bogus work-from-home opportunities. Scammers impersonate legitimate businesses and lure individuals with seemingly simple tasks like clicking buttons or rating services, promising payment through complex and deceptive crypto-based compensation structures. Victims are often tricked into making […]
Bitcoin is digital gold. Bitcoin is an inflation hedge. Bitcoin is money. Bitcoin is a technology. Bitcoin is software. Bitcoin is hope. Bitcoin is an electrical system. Bitcoin is a heating system. The reality is that all of them are wrong, in the sense that all of them are just a partial description of what […]
June 5, 2024 – Tortola, British Virgin Islands Nibiru EVM execution boasts blazing-fast transaction speeds, scalability and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web 3.0. Overcoming Ethereum’s scalability hurdles Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance EVM (Ethereum Virtual Machine) execution environment, […]
Since mid-March, there has been a notable trend of large bitcoin holders or “whales” stashing more tokens. The latest data suggest that a particular cohort of whale addresses now collectively own more than 40% of the total bitcoin supply. Whales Gobble Up Bitcoin Supply The accumulation of bitcoin by large holders or “whales” holding over […]
The number of daily active users in Ethereum and top layer 2s has rocketed in recent years, and VanEck analysts say this growth will continue.
A PEPE millionaire known for smart moves in the crypto world recently made a bold investment. The investor put $800,000 into Algotech, an AI-driven trading platform. This large investment has caught the attention of many in the crypto community. The investor has publicly stated that Algotech will provide the best return on investment (ROI) in […]
US lawmakers have accused Nigeria of holding Binance’s executive hostage and called for President Joe Biden to intervene and secure the executive’s release, Bloomberg reported. In a recent letter, sixteen Republican congressmen, led by Michael McCaul, Chairman of the House Foreign Affairs Committee, urged President Biden to address the detention of Tigran Gambaryan, a US […]
Dogecoin is moving higher above the $0.160 resistance zone against the US Dollar. DOGE is holding gains and might aim for a move above $0.1650. DOGE price is moving higher above the $0.160 resistance zone. The price is trading above the $0.160 level and the 100-hourly simple moving average. There is a key bullish trend […]
TL;DR Vitalik Buterin’s Concern: Ethereum co-founder Vitalik Buterin has expressed concern over the trend of celebrity-endorsed memecoins. He warns that many such tokens have a fleeting lifespan and can leave investors disillusioned. Criteria for “Worthiness”: Buterin suggests that worthy celebrity-led crypto projects should aim for positive societal change, promise a lifespan exceeding ten years, and […]
TL;DR Santiment unveils a report on developer activity in RWA cryptocurrencies, highlighting their growing interest over the past month. The list of the top ten RWA altcoins includes projects like Maker DAO, Oraichain, and Polymesh Network, which experienced a significant surge in development activity. Chainlink emerges as the RWA altcoin with the highest developer activity, […]
Bitcoin ETFs saw tremendous inflows on Tuesday, but it remains to be seen whether the largest cryptocurrency will be able to log a new all-time high in the near future
ATLANTA — Opposition is growing across Georgia to cryptocurrency mining, the process of creating Bitcoins and other forms of virtual currencies …
The Chair of the U.S. Securities and Exchange Commission (SEC) says that crypto exchanges are doing what the New York Stock Exchange (NYSE) would never be allowed to do. In a new interview on CNBC’s Squawk Box, SEC Chair Gary Gensler says that crypto exchange platforms are not giving investors the proper disclosures required by […]
Ethereum’s (ETH) complexity brings Solana’s (SOL) mission into focus, according to Anatoly Yakovenko. The Solana co-founder says in a new interview on Bankless that his mission is simply building a hyperfast chain. [1:49:29] “Yeah, network effects, TVL (total value locked), all these things could matter, but it’s not hard. It’s not something that I can […]
The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders involved in naira abuse. Dele Oyewale, the EFCC spokesman, emphasized the importance of enforcing the law and protecting the economy from negative impacts. The commission has already secured nearly […]
Bitcoin Magazine’s “10 Steps to Self-Sovereignty” series in partnership with Ledger is officially concluded. Over the last few months we have gone through many different topics, ranging from specific guides on how to manage and interact with your bitcoin securely and in a self-sovereign fashion, to explanations of fundamental properties that make Bitcoin a valuable and […]
Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.
Fibonacci Uncovered: Discover how I utilize Fibonacci ratios to spot essential support and resistance levels that influence my trading decisions. EMA & CCI Insights: Explore my strategy that merges the 50 & 200 Exponential Moving Averages with the Commodity Channel Index to navigate trades. Risk Management in Volatile Markets: Risk Management in Volatile Markets: Learn […]
Altcoins have pumped in the past day, with Solana, Starknet, Toncoin and BNB all seeing gains of 4-10%. BNB was the main talking point, as Binance Smart Chain’s native token broke a new all-time high overnight. The price hike is likely due to the success of Notcoin and other Binance Launchpool projects, spurring investors to […]
Gary Gensler – chairman of the US Securities and Exchange Commission (SEC) – sat down with CNBC’s Mad Money host Jim Cramer on Wednesday to discuss the regulator’s Bitcoin and Ethereum ETF approvals, alongside what may be coming next. That included questions about whether obscure meme coins could soon receive their own ETFs, such as […]
Crypto exchange Binance today (Wednesday) sought to dismiss a large portion of a London lawsuit, valued at up to 10 billion pounds ($12.8 billion), over allegations of collusion to “delist” the Bitcoin Satoshi Vision (BSV) cryptocurrency. London Lawsuit Targets Binance and Kraken The lawsuit, brought to London’s Competition Appeal Tribunal (CAT) on behalf of over […]
Recently, BNB (BNB) broke out of the consolidation area, indicating a potential significant upward trend. The fact that the token has risen beyond the $700 mark suggests that the market is recovering strongly and that traders and investors are becoming more optimistic. BNB has increased noticeably by 12% in the last 24 hours, carrying on […]
Coinbase, the largest crypto exchange in the US, has announced the launch of its new smart wallet platform. In a blog post, Coinbase says the launch will kick off the next chapter in the firm’s Coinbase Wallet product by “revolutionizing the on-chain experience” by getting rid of network fees and recovery phrases. Says Coinbase, “Smart […]
A widely followed crypto analyst believes one top-10 altcoin by market capitalization could soon hit new all-time highs (ATHs). Pseudonymous crypto trader Altcoin Sherpa tells his 216,700 followers on the social media platform X that BNB, the native token of the BNB Chain, continues to have a strong market structure. “BNB: slow and steady wins […]
BlockDAG’s Keynote 2 Ignites 1000% Presale Surge; Latest Crypto Trends of Chainlink and Arbitrum Network BlockDAG’s latest Keynote 2 has unveiled pivotal developments that are set to transform the blockchain industry. A major highlight is the launch of the X1 Miner app’s beta version, now available on Android and Apple platforms. With the presale in […]