Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering

Bitcoin (BTC) and ether (ETH) remained little changed over the past 24 hours as traders suggested major cryptos were starting to show signs of correlation to U.S. equities.The price of bitcoin (BTC) remained under pressure at $26,200 on Tuesday as the idea of higher rates for a longer period takes hold throughout financial markets, as

Venture capital firm CMCC Global is targeting $300 million worth of investments for its latest crypto fund with the backing of investors, such as billionaire Richard Li and Gemini co-founders, the Winklevoss twins.Richard Li, who backed CMCC’s previous crypto token fund, will roll over to the latest fund along with other existing investors, Bloomberg reported…

Apr 10, 2020 at 21:25 UTCKARMA-20: Reddit appears to be experimenting with Ethereum, though the company has not formally released many details. (Credit: Shutterstock)Reddit May Use Ethereum for a New Token-Based Points SystemReddit is experimenting with recording points and perks on a blockchain.According to a user post on the social media platform and confirmed by…

news The Facebook-led Libra project is to face questions from 26 central banks over the perceived risks to financial stability posed by the cryptocurrency project. On Monday, the Committee on Payments and Market Infrastructure – a forum for central banks under the Bank for International Settlements – will quiz the Libra Association in Basel, Switzerland,…

Apr 28, 2020 at 15:55 UTCLemon halving (via Shutterstock). Bitcoin’s Halving Is Irrelevant for Some Large TradersBitcoin's third halving is less than two weeks away. Google searches indicate an all-time high level of interest in this event, the third in the life of the world’s oldest cryptocurrency. But some traders say the halving won't be…

Crypto investors will be eyeing a flurry of U.S.  jobs, housing and other macroeconomic data this week for signs of their dream scenario: that inflation is waning without casting the economy into a steep recession.To be sure, even a continuation of recent encouraging signs, including last Wednesday’s slightly more than expected drop in the Consumer…

Apr 29, 2020 at 12:17 UTCUpdated Apr 29, 2020 at 12:21 UTCGeneva, Switzerland. (Credit:Shutterstock/Mikadun)Taurus Group is looking to expand its digital asset solutions after securing over €10 million in a Series A funding round led by Arab Bank (Switzerland).The Geneva, Switzerland-based company, which offers market infrastructure solutions for digital assets to institutional clients, announced Wednesday…

Good morning. Here’s what’s happening:Prices: Amid Bitcoin role debates and halving concerns, bitcoin and ether start flat in East Asia; Cobo's data points to market confidence recovery and Bybit links memecoin surge to reinvestment, warning of mining impacts if Bitcoin doesn't stabilize above $30,000 post-halving.Insights: Bitcoin's reduced congestion impacted altcoin rallies and BRC-20 tokens' demand…

Indian regulators' clampdown on cryptocurrency businesses is forcing the exchange startup Unocoin to experiment with stablecoins and ATMs to continue receiving fiat deposits from customers. Unocoin co-founder Sunny Ray told CoinDesk his company hasn't been able to transact through regular banking channels with its 1.3 million customers for several months, after the Reserve Bank of…