Search
Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures
13.7.2024
Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced this plea following previous legal actions...
CME Group Adds XRP to Crypto Benchmarks
13.7.2024
CME Group, a leading global markets company, has announced the launch of XRP and ICP reference rates and real-time indices. Ripple CEO Brad Garlinghouse explained that the first step towards institutional crypto products is having a trusted benchmark reference rate. CME Group Introduces Transparent...
Pixelverse Raises $2 Million, Totals $7.5 Million in Private Funding
13.7.2024
Pixelverse, a Web3 gaming ecosystem, has secured an additional $2 million in funding, bringing its total private round to $7.5 million. This funding was provided by several Web3 venture capital firms and prominent angel investors. Web3 Gaming Platform Pixelverse Secures $2M in Latest Funding Round...
Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals
12.7.2024
Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes...
US Senator Discusses Crypto Policies Under Potential Second Trump Administration
12.7.2024
U.S. Senator Bill Hagerty discusses key issues including cryptocurrency’s future under a potential second Trump administration, highlighting former President Donald Trump’s pro-crypto stance and criticism of Democratic policies. Hagerty advocates for a supportive ecosystem to foster...
Paraguayan Senate Passes Law Imposing up to 10 Years of Jail Time on Crypto Miners for Electricity Theft
12.7.2024
The Paraguayan senate has passed a series of reforms that changed penalties for energy and cryptocurrency mining-related energy theft. Now, individuals and companies found to be stealing energy for cryptocurrency mining activities will face jail time for up to 10 years, while energy theft for other...
‘Going Full Hugo Chavez’: Bukele Expands Farmers’ Markets in El Salvador to Fight Price Gouging Practices
12.7.2024
President Nayib Bukele compared himself to the late Venezuelan President Hugo Chavez after announcing that Farmers’ Markets, an initiative of the Agriculture Ministry of El Salvador focused on offering lower prices to Salvadorans in selected items, will be permanently open. These markets...
What’s Next for Shiba Inu: Can SHIB Bounce Back?
12.7.2024
Upon reaching the $0.000017 level yesterday, Shiba Inu, a dog-themed meme token, experienced a more than 5% decrease as its price fell to an intraday low of $0.00001581. Nevertheless, the token exhibited a 17.10% uptick in value, signaling that today’s price dip coincides with the global...
Arthur Hayes on Bitcoin’s Political Clout: Can Crypto Voters Influence the 2024 Election?
12.7.2024
Arthur Hayes, co-founder of Bitmex, argues that the upcoming U.S. presidential election presents a unique opportunity for crypto advocates to leverage their voting power. With both major political parties vying for a narrow margin of swing voters, Hayes believes the crypto community could play...
Blur Dips 8% Post Machi Big Brother $3.1M Binance Transfer
12.7.2024
Machi Big Brother, a popular crypto influencer, recently made headlines due to a rather significant transfer. According to on-chain data from Arkham Intelligence, Machi Big Brother has sold all of his BLUR holdings. Lookonchain reports, “Machi Big Brother has deposited all 18M $BLUR($3.1M)...
4 altcoins trading under $1 that have the potential to reach $100 in 2024
12.7.2024
Major price action analysts have tipped four (4) altcoins, ETFSwap (ETFS), KASPA, Tron (TRX), and Polygon (MATIC), to hit $100 in 2024. These altcoins are all under $1, making an early buy the smartest crypto investment option to be well-placed for maximum returns on investment. Tron (TRX)...
Coinbase Report: Crypto Market Shook by German BTC Sales; Recovery Expected by September Despite US Economic Slowdown
12.7.2024
The third quarter of 2024 has been tumultuous for the crypto market, with significant selling pressures and regulatory uncertainties affecting bitcoin and other digital assets. Coinbase Institutional reports that indiscriminate selling by the German government and the Mt Gox Rehabilitation Trust...
Digital Assets Thrive in H1 2024, CME and Glassnode Report Finds
12.7.2024
Digital assets showed significant growth in the first half of 2024, driven by increased institutional interest and the approval of spot bitcoin ETFs. According to a report from CME Group and Glassnode, these factors have cemented digital assets as a crucial asset class with unique opportunities...
Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance
12.7.2024
Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to $59,516. Bitcoin On the 1-hour chart, bitcoin shows a decline from a high of $59,516...
Crypto holders predicted to triple by 2026, says Lunu CEO
12.7.2024
The current 560 million crypto holders could see a three-fold increase during the next two years, but user experience remains the biggest challenge
Crypto holders predicted to triple by 2026, says Lunu CEO
12.7.2024
The current 560 million crypto holders could triple in number during the next two years, but user experience remains the biggest challenge
German gov’t Bitcoin wallet drops to 5,800 BTC after major sale
12.7.2024
With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC
Germany's Bitcoin wallet drops to 5,800 BTC after major sale
12.7.2024
With 5,800 Bitcoin remaining, the German government has successfully sold 88.4% of the original 50,000
Core Scientific Partners With Block to Receive 15 EH/s in New Bitcoin Mining ASICs
12.7.2024
Core Scientific, a large U.S.-based bitcoin mining and hosting provider, and Block, a leading financial services firm, have partnered in a project to integrate the first 3nm bitcoin mining chips produced by the latter. Core Scientific will receive 15 exahash per second (EH/s) of Block’s...
Trump’s Crypto Aide David Bailey Calls out Reddit Bitcoin Mods on Censorship
12.7.2024
David Bailey, CEO of Bitcoin Magazine and aide of the Trump presidential campaign, criticized the behavior of the moderators of r/bitcoin, a popular subreddit where bitcoin-centric news and issues are frequently discussed. On social media, Bailey called out these moderators, stating updates about...