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The Hunt for the Russian Trace: Chinese Banks Implement Stricter Compliance for Foreign Payments
22.11.2024
Chinese banks have implemented additional compliance measures for payments from the United Arab Emirates (UAE), India, and Hong Kong, which have traditionally served as trade partners for Russia. These measures aim to identify Russian businesses using third countries as proxies to complete...
Bitcoin prints record 40% monthly candle as price crosses $99K
22.11.2024
Bitcoin’s record monthly gains come eight days before the end of November — historically the most bullish month for Bitcoin returns
Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets
22.11.2024
Russia has revealed that it will respond in kind to the actions of Western governments, which are preparing to make a $50 billion loan to Ukraine collateralized by frozen Russian assets, potentially escalating this conflict. Russia Preparing Retaliatory Move Involving Western Assets The government...
Trump Effect: China Considering Backpedaling on Bitcoin Policy
22.11.2024
Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China...
MicroStrategy to Buy Bitcoin with $3 Billion Notes Offering
22.11.2024
MicroStrategy is set to become a leader in Bitcoin acquisition, announcing plans to use proceeds from its recent…
Bitcoin counts down to $100K BTC price as shorts risk 'violent breakout'
22.11.2024
Bitcoin hitting $100,000 seems all but certain as sell wall after sell wall disappears and shorts risk getting "squeezed" by rampant BTC price momentum
Bitcoin Bull Market May Drive Russian Miners Underground
22.11.2024
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mining becoming a popular activity. Russian Miners...
Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T
22.11.2024
Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January
Study: 76% of X Influencers Promoted Now-Defunct Meme Coins
22.11.2024
A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of crypto influencers on X promoted...
With $99,199 ATH, Bitcoin Nears 100K; BTC Related Stock Crosses $70 B volume
22.11.2024
Bitcoin (BTC) is closest to the $100K mark, after topping a new all-time high (ATH) of $99,199.81. It…
Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces
22.11.2024
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department...
Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund
22.11.2024
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future.
Cybercrime Marketplace Crumbles as Authorities Seize Hidden Crypto Stash
22.11.2024
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving...
Russia’s Foreign Trade Defies Western Sanctions, Official Claims
22.11.2024
Russia’s foreign trade is defying Western sanctions, with rising imports, resilient transaction systems, and projected economic growth outpacing stagnating Western economies. Western Sanctions Meet Resistance as Russia’s Trade Surges Russian Finance Minister Anton Siluanov has claimed that...
Solana ETF Momentum Grows Amid Reports of SEC Engagement
22.11.2024
The SEC’s reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S....
Bitcoin Smashes Records: Hashrate Hits 776 EH/s as Price Soars Closer to $100K
22.11.2024
Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak on Nov. 21, reaching 776 exahash per second (EH/s) for the very first time. Bitcoin’s Computational Power Hits Stratospheric Levels On Thursday, bitcoin...
Global Asset Manager Launches XRP ETP With Industry-Leading Pricing in Europe
22.11.2024
XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest. XRP Gains Ground: Major ETP Launched by a Top European Asset Manager Asset management firm Wisdomtree announced...
US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves
22.11.2024
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during...
MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%
22.11.2024
The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years — primarily to buy more Bitcoin
Financial Giant Charles Schwab Signals Big Moves in Crypto Trading
22.11.2024
Charles Schwab is preparing to launch spot cryptocurrency trading as U.S. regulations evolve, with leadership signaling optimism amid a shifting regulatory and competitive landscape. Charles Schwab Eyes Major Crypto Expansion as US Regulations Evolve Rick Wurster, the incoming CEO of Charles Schwab...