Former Utah mayor and business associate facing felony charges in <b>cryptocurrency</b> scheme
www.google.com

St. George • Former Toquerville Mayor Keens Ellsworth and a Washington County business associate are facing felony charges in connection with a …

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X faces controversy over using user data for training AI chatbot Grok: Report
cointelegraph.com

Several X accounts have commented on the social media platform’s default setting, which allows users’ data to be used “to train Grok.”

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Ethereum Open Interest Rises By $1.5 Billion – What This Means
www.newsbtc.com

Ethereum (ETH) recorded a significant loss in price this week following the trading debut of Ethereum spot ETFs. According to data from CoinMarketCap, ETH has declined by 6.60% in the last seven days, falling as low as $3,100. However, amidst this price crash, CryptoQuant analyst burakkesmeci has made an important observation with a potential impact […]

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Hop into Fortune: MOONHOP Soars as New Crypto Star
nulltx.com

Hop into Fortune: MOONHOP Presale Soars as the New Crypto Star, Leaving Dogecoin Behind and Setting New Trends! Enter the exciting world of meme coins, where surprises abound and the next big thing is just a hop away! Today, we delve into Dogecoin’s struggle with market bears, the rapid rise of Hamster Kombat, and the […]

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FBI Seizes Cryptocurrency Linked to North Korean Ransomware
news.bitcoin.com

A grand jury in Kansas City indicted North Korean national Rim Jong Hyok for his role in a conspiracy involving ransomware attacks on U.S. hospitals and healthcare providers. The group laundered cryptocurrency proceeds and used the funds for further cyber intrusions into global defense, technology, and government entities. The ransomware attacks disrupted patient care and […]

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'Everything to Zero Against Bitcoin': Max Keiser Shares Epic Prediction
u.today

Max Keiser weighs in on recent BTC debate

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The Real Crypto Candidate? Presidential Hopeful Robert F. Kennedy Jr Says He Puts ‘Most’ of His Wealth Into BTC
dailyhodl.com

One US Presidential hopeful is solidifying his spot as the top supporter of Bitcoin (BTC) and crypto. Earlier today, independent Presidential candidate Robert F. Kennedy Jr., former President John F. Kennedy’s nephew, spoke on digital assets at the BTC Nashville convention. “I am a huge supporter of Bitcoin. I have most of my wealth in […]

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UK Financial Regulator Slaps Coinbase Subsidiary With $4,500,000 Fine for Onboarding High-Risk Customers
dailyhodl.com

UK’s Financial Conduct Authority (FCA) says it imposed a fine of £3,503,546 or about $4.5 million on CB Payments Limited (CBPL) for violating the voluntary agreement (VREQ) that the firm and the regulator entered into in late 2020. CBPL, a subsidiary of crypto exchange Coinbase, provides e-money and payment services to its customers, but the […]

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OKX Reveals $2.6 Billion Drop in User Funds in Latest Proof-of-Reserves Report
crypto-economy.com

TL;DR OKX has reported a $2.6 billion decrease in its total funds, reflecting a reallocation of investor funds. XRP reserves on OKX have decreased by 10%, but the coverage ratio has increased to 105%, ensuring user funds. Hummingbot launches version 2.0 with a connector for XRP Ledger, improving automated trading efficiency and accessibility for novice […]

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Wall Street Expert Predicts Massive Gains for Ripple (XRP), Compares to Coinbase IPO
crypto-economy.com

TL;DR Linda P. Jones highlights Ripple and XRP’s potential, suggesting that the company could be significantly undervalued. The firm, currently valued at $7.5 billion, could see a return of up to fifteen times its investment if its XRP reserves were included in the financial statements. Jones estimates that if XRP returns to its all-time high […]

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ETH Dips as Analysts Predict More Trouble Ahead Post ETF Launch
cryptonews.com.au

ETH traders have incurred large losses, with nearly $108M liquidated in 24 hours as the cryptocurrency fell by almost 5%. Grayscale’s high-fee Ethereum ETFs in the US are experiencing outflows, while new, more affordable Ethereum ETFs are seeing inflows. Market analysis suggests more challenges ahead for Ethereum, impacted by weak fundamentals and broader market pressures. […]

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Jersey City Pension Fund to Invest in Bitcoin ETFs
cryptopotato.com

Steven Fulop, the mayor of Jersey City, New Jersey, has announced that the city’s pension fund will allocate a portion of its investments into Bitcoin ETFs. Fulop also expressed his long-standing belief in cryptocurrency, although he had not publicly mentioned Bitcoin or other assets before July 25. Jersey City Updates Paperwork with SEC In a […]

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WATCH: Robert F. Kennedy, Michael Saylor to Speak at Largest Bitcoin Conference in Nashville
bitcoinmagazine.com

The Bitcoin 2024 conference in Nashville continues today with a packed schedule of high-profile keynotes and discussions on the future of Bitcoin. Following yesterday’s industry-focused sessions, the main two-day Bitcoin 2024 conference kicks off this morning. Speakers slated for today include Michael Saylor, Cathie Wood, Edward Snowden, Robert F. Kennedy Jr. and more Bitcoin luminaries. […]

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Grayscale Ethereum Trust ETF net outflows hit $1.5B
cointelegraph.com

Based on the present rate of outflows, ETHE’s Ether reserves could be exhausted within weeks.

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Scams Awareness Week 2024 campaign assets – Scamwatch
www.google.com

Hannah had been trapped by a cryptocurrency scam and had already had over $300,000 stolen. After being scammed, she was struggling mentally …

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Toncoin Under Pressure As TON Price Falls Below 100-Day SMA, $6 Looms
www.newsbtc.com

Toncoin (TON) has recently seen a notable price decline, dropping below its 100-day Simple Moving Average (SMA). This breach of a critical technical indicator has placed the digital asset under bearish pressure, raising concerns among investors and traders. With the $6 mark now looming as a potential target, there is market speculation about whether the […]

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Bitcoin Could See More Upside After Bouncing From Major Support Zone, According to Trader – Here Are His Targets
dailyhodl.com

A widely followed crypto analyst says that Bitcoin (BTC) could have further upside after rebounding off a major support zone. In a new strategy session, crypto trader Rekt Capital tells his 483,300 followers on the social media platform X that the crypto king could shoot up past $71,000 over the Labor Day weekend. “Bitcoin successfully […]

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Bitcoin Whales Accumulating BTC at ‘Unprecedented Level,’ According to CryptoQuant CEO
dailyhodl.com

Bitcoin (BTC) is in an accumulation phase, according to the chief executive of CryptoQuant. Ki Young Ju tells his 356,900 followers on the social media platform X that 358,000 BTC moved to permanent holder addresses in the past month. The CEO notes global spot exchange-traded (ETF) inflows in July were only 53,000 BTC. “Though not […]

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Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund
news.bitcoin.com

According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor of Jersey City, New Jersey, that the city’s pension fund will invest […]

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Ethereum Pullback Is an "Opportunity," Leading Analyst Says
u.today

You probably should not fret about the recent Ethereum price drop, according to this analyst

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BlockDAG Trends, Toncoin Bullish & Cardano Breaks Resistance Level
nulltx.com

BlockDAG’s Upcoming CEO Reveal & 30,000x ROI Lure Massive Whales; Toncoin Turns Bullish as Cardano Breaks Resistance Level  Toncoin (TON) price is drawing significant attention, with analysts predicting a strong upward trend driven by recent advancements and increased adoption. Concurrently, Cardano (ADA) has broken through the $0.4 resistance level, suggesting a bullish outlook and potential […]

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Why Did Trump Change His Mind on Bitcoin?
bitcoinmagazine.com

“I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated cryptoassets can facilitate unlawful behaviour, including drug trade and other illegal activity.” Thankfully, the official position of the Republican Party has changed dramatically since President Donald J Trump condemned […]

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Crypto Super PAC uses $2.5M to support Washington, Michigan Democrats
cointelegraph.com

A crypto PAC used roughly $1.5 million to fund a media buy for Democrat Emily Randall, while her rival’s campaign manager criticized the move as having “sold out” the district.

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Senator Warren: “Crypto Mining Threatens U.S. Environment and National Security”
crypto-economy.com

TL;DR Senator Elizabeth Warren has criticized cryptocurrency mining operations in the United States, arguing that they represent a threat to national security and energy infrastructure. The senator claims that a significant portion of mining facilities is owned by Chinese nationals and that they could be used for espionage or to compromise the power grid. Support […]

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Tether Expands Again: USDT Now Available on Telegram Open Network
crypto-economy.com

TL;DR Tether has integrated USDT into the multi-chain wallet TokenPocket, expanding its use on the Telegram Open Network (TON) blockchain. The integration allows TokenPocket users to perform transactions with TON-based USDT, enhancing the stablecoin’s functionality within the Telegram ecosystem. TokenPocket provides users with diverse options for managing assets through stablecoins. Tether has announced a significant […]

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Massive Bitcoin Movements Post Mt. Gox: Hold or Sell?
cryptonews.com.au

After over a decade of waiting Mt. Gox repayments have begun for over 20,000 customers, stirring mixed emotions among Bitcoin enthusiasts. Some investors feared that the sudden influx of Bitcoin might trigger a selloff, leading to a drop in prices. However, initial observations suggest a different trend.  CryptoQuant data suggested that over the last 48 […]

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US Senator Elizabeth Warren Criticizes Foreign Crypto Miners, Says They Threaten National Security
cryptopotato.com

Well-known cryptocurrency critic and United States Senator Elizabeth Warren is waging war on digital asset miners, especially foreign-owned facilities, for their supposed risks to environmental and national security. During a recent Senate Committee on Banking, Housing, and Urban Affairs hearing, Warren questioned the Treasury Department’s assistant secretary for investment security, the Honorable Paul Rosen, about […]

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Bankrupt BlockFi Aims to Return “100% of Eligible Claims” amid Recovery from FTX
www.financemagnates.com

The bankruptcy estate of the now-collapsed crypto lending platform BlockFi announced yesterday (Thursday) its plans to return “100 percent” of the distressed clients’ claims. However, it will calculate the value of the claims based on the date of the bankruptcy and not the current crypto market value. Recovery of Funds from FTX The return of […]

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Why Bitcoin and Trump Are Once Again Crypto's Biggest Story – PYMNTS.com
www.google.com

Central banks' investment in bitcoin would lend credibility to cryptocurrency, potentially elevating it to a status similar to gold in terms of being …

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Why Is ETH Price Struggling Despite The Spot Ethereum ETFs Launch?
www.newsbtc.com

Post the Spot Ethereum ETFs launch, the ETH price has continued to struggle unexpectedly, proving that the launch of the Spot ETFs were a ‘sell the news’ event. So far, the second-largest cryptocurrency by market cap has lost around 10% of its value since the Spot Ethereum ETFs trading began on Tuesday, July 23, and […]

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Ledger Releases New Touchscreen Hardware Crypto Wallet
dailyhodl.com

A prominent crypto firm is launching a new crypto hardware wallet with touchscreen capabilities. In a new announcement on the social media platform X, Ledger says that it is releasing a new product in its line of crypto wallets equipped with touchscreens. “Ledger Flex is here. Alongside Ledger Stax, Ledger Flex is the latest addition […]

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Low-Cap Altcoin Surges by More Than 27% This Week Amid New Involvement in CBDC Project
dailyhodl.com

One low-cap altcoin surged by more than 27% this week amid its newly announced involvement in a central bank digital currency (CBDC) project. Coti (COTI) is a privacy-focused layer-2 network built on Ethereum (ETH). The project’s native asset is trading at $0.118 at time of writing, up from $0.0929 one week ago. Coti announced on […]

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