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PolitiFi Tokens Rally as Trump-Biden U.S. Presidential Debate Nears


In this post Trump is set to face Biden in the 2024 presidential debate in Atlanta tonight. PolitiFi tokens tied to Donald Trump perform better than those tied to Joe Biden. There are open bets on Polymarket on what Trump will say tonight The debate between Joe Biden and Donald Trump has been...

Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations


Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant changes in how Abra conducts its operations within these states. Abra Reaches...

US Government Transfers $243 Million in Seized Bitcoin to Coinbase


On June 26, 2024, the U.S. government transferred 3,940 bitcoins, valued at $243 million, originating from a darknet market dealer. This batch of BTC was directed to an exchange address tagged as Coinbase. U.S. Law Enforcement Moves 3,940 Bitcoin The U.S. government executed this transfer of 3,940...

Ongoing Withdrawals Challenge US Bitcoin ETFs, Nearly $175M Exited Monday


At the start of the week, U.S. spot bitcoin exchange-traded funds experienced their seventh consecutive day of net outflows, losing $174.45 million during Monday’s trading session. Grayscale’s Bitcoin Trust (GBTC) was impacted most, seeing approximately $90 million in outflows. GBTC...

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