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Bitcoin price briefly hits $69K ATH before plummeting back to Earth
10.11.2021
BTC hit a new all-time high! It didn't last long, however
Crypto markets rally as inflation rages at 30-year high
10.11.2021
In an inflationary environment, assets like Bitcoin appear more attractive to investors. The BTC price rallied to a new all-time high on Wednesday
Fed board member to leave by 2022, leaving Biden to fill 3 seats
8.11.2021
Randal Quarles has been a member of the Federal Reserve Board as well as its Vice Chair for Supervision since 2017
Author Insists Current Gold Price Cheaper Now Than in 1980
8.11.2021
While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s...
Ethereum back in price discovery as ETH approaches $5K
8.11.2021
The world's second-largest cryptocurrency crossed the $4,700-mark days after JPMorgan Chase analysts recommended it over Bitcoin against rising rates
Brazilian federal deputy proposes crypto payment option for workers
7.11.2021
Goulart’s proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies
FBI Public Service Announcement Warns of ‘Increased’ Crypto ATM, QR Code Fraud
5.11.2021
The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights...
A US Federal Jury Says Crypto 'Paycoin' is Not a Security
5.11.2021
Adding to the ongoing debate on the legal status of cryptoassets, a federal jury in Connecticut, USA, has ruled that a cryptocurrency and related assets offered by Paycoin founders are not securities. ...
Read More: A US Federal Jury Says Crypto 'Paycoin' is Not a Security
Hawkish Fed comments and fears of stablecoin regulation spark market sell-off
4.11.2021
BTC, ETH and altcoins saw a slight pullback a day after the Federal Reserve signaled that its monetary policy is subject to cool off soon
$1.75 Trillion for Climate Change, Social Services — Biden’s ‘Build Back Better’ Plan Advances While Inflation Grips US
3.11.2021
This week, U.S. lawmakers are preparing to debate the advance of Joe Biden’s Build Back Better proposal, which is now estimated at $1.75 trillion. The new proposal follows the expansive monetary policy the Federal Reserve engaged in during the last two years expanding the money supply like...
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms
31.10.2021
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access...
The Billion-Dollar Bitcoin Case: Long-Awaited Kleiman v. Wright Trial Begins Next Week in Miami
30.10.2021
On Monday, November 1, the long-awaited Kleiman v. Wright trial will begin as a federal jury plans to determine the relationship between Dave Kleiman and Craig Wright. The Kleiman estate is asking for $11.4 billion, alongside the return of intellectual property (IP) or its fair market value. While...
Australian Police Confiscate Cryptocurrency Worth $1 Million With Help From FBI
30.10.2021
The Australian Federal Police (AFP) has confirmed that the Supreme Court of New South Wales has ordered the forfeiture of cryptocurrency belonging to a convicted hacker. “The amount of cryptocurrency forfeited, more than $1.2 million, is the largest Commonwealth forfeiture...
International Operation Dark Huntor Seizes $31.6 Million in Cash and Cryptocurrencies, 150 Arrested
28.10.2021
Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash...
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
28.10.2021
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going...
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
27.10.2021
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s...
Puerto Rico sees resurgence of interest among crypto rich
27.10.2021
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper
US regulators are exploring policy for banks to handle crypto, says FDIC chair
26.10.2021
“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams
Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World
25.10.2021
Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience...