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Arkbit crypto mining MLM fraud busted by Texas regulators
29.5.2024
Arkbit falsely claimed to operate Arkansas-based data centers for cloud mining various cryptocurrencies
Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture
29.5.2024
Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments
Romance and crypto scams surge on Canadian dating apps
29.5.2024
Canadian authorities warn against discussing cryptocurrency investments with online matches, advising that such conversations should be considered a red flag
BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
29.5.2024
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again
Spot Bitcoin ETF Approval Shakes Up Voter Investment Preferences, Crypto Gains Favor: Grayscale
29.5.2024
Spot Bitcoin ETF approval has heightened the interest of the American voter in investing in Bitcoin or crypto, according to a Grayscale survey released Tuesday.
The post Spot Bitcoin ETF Approval Shakes Up Voter Investment Preferences, Crypto Gains Favor: Grayscale appeared first on Cryptonews
SHIB Explodes on Solana – Discover the Next Crypto Set to Go Viral
28.5.2024
In the latest Solana meme coin pump, the new token SHIB on Solana has exploded overnight. This article will provide an analysis of SHIB on Solana’s current price trends and look to see whether an innovative new meme coin, PlayDoge, represents a more promising investment opportunity at this time....
Bitcoin investment inflows hit $1B as long-term holders accumulate
28.5.2024
Inflows to crypto Bitcoin funds top $1 billion as BTC price remains stuck in a range below all-time highs
Crypto Experts Are Hoarding This New Bitcoin Project – Next 100x Opportunity?
28.5.2024
Crypto experts are hoarding the tokens of an exciting new Bitcoin project called 99Bitcoin (99BTC) as they bet that it will be a 100x investment opportunity and a future leader the fast-growing learn-to-earn (L2E) niche.
The post Crypto Experts Are Hoarding This New Bitcoin Project – Next 100x...
Huobi co-founder’s firm recovers 108% of deposits from FTX collapse
28.5.2024
The creditors' claims were sold for cash to Delaware-based Ceratosaurus Investors LLC
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
Record-Breaking Inflows: Digital Assets Surge as Investment Products Hit New Highs
28.5.2024
Digital asset investment products have experienced unprecedented inflows, totaling $1.05 billion this past week alone, pushing the year-to-date figures to a record $14.9 billion. This surge, highlighted in a recent Coinshares flows report, marks a continuous three-week rise, signaling strong...
Medical Device Maker Semler Scientific Stock Rises 25% After $40M Bitcoin Investment
28.5.2024
The company announced its Bitcoin treasury strategy Tuesday morning
Crypto awareness key for US presidential candidates, says survey
28.5.2024
Seven out of ten respondents claim they have invested, and almost one in five (19%) say they hold cryptocurrency
Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT
27.5.2024
On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment.
The post Elon Musk’s...
What comes after spot Ether ETF approvals? Execs weigh in
27.5.2024
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity
Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen
26.5.2024
The recent approval of Ethereum ETFs has opened the doors for more crypto investment products, according to research from TD Cowen's Washington Research Group.
The post Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen appeared first on Cryptonews
Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns
26.5.2024
Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because...
UK Sentences Woman to Prison for Laundering Bitcoin After Police Seize 61K BTC
25.5.2024
A woman has been sentenced to nearly seven years in prison for laundering bitcoin tied to a £5 billion fraud in China. Authorities seized over 61,000 bitcoin during their investigation, now worth over $4 billion. The woman denied all charges, claiming she was manipulated by...
What Is the Howey Test? Understanding Its Role in Crypto Regulation
25.5.2024
This year, with the U.S. Securities and Exchange Commission (SEC) increasing enforcement on businesses accused of offering unregistered crypto securities to American investors, regulators, attorneys, and judges have been utilizing the Howey Test to ascertain whether specific crypto assets...
UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud
25.5.2024
The Southwark Crown Court in London, UK, sentenced a woman to jail for money laundering bitcoin tied to a billion-dollar investment fraud.
The post UK Court Jails Woman for Laundering 150 Bitcoin Tied to $5.6 Billion Fraud appeared first on Cryptonews