Bitcoin clings to $67K but analysis warns of 10% BTC price drop next

The government of Brazil requested assistance from US authorities regarding a crypto fraud scheme called “Operation Egypto.” 1682 Total views 25 Total shares According to a Wednesday filing, the U.S. Justice Department seized $24 million in virtual currency pursuant to an official request from the Brazilian government.The Department of Justice, or DoJ, said that the…

Critics claimed the Biden administration's reports focused on environmental concerns over crypto's energy consumption and illicit uses rather than the technology's benefits. 276 Total views 17 Total shares Members of the crypto space and advocacy groups reacted to United States President Joe Biden’s administration releasing a regulatory framework on digital assets, with many suggesting the…

A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors.

Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27.Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new record, surpassing the previous peak in October 2018. Hash rate itself, which set new records…

"I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling," said Coinbase CEO Brian Armstrong. 251 Total views 2 Total shares Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the…

The German government is consulting companies and industry groups that could become stakeholders in the country’s blockchain development, Reuters reports on Feb. 18.The unnamed companies and groups have reportedly been invited to supply recommendations from this week onwards. Reuters also cites unspecified government sources saying that it is still unclear if those recommendations will translate…

Honey Framework users have more than tripled, according to Bitfinex. Paper trading allows them to test their strategies without risking real capital. 3159 Total views 8 Total shares Crypto exchange Bitfinex has introduced a new feature for its algorithmic trading toolkit, allowing users to test their trading strategies without putting actual funds at risk. Bitfinex users…

"We think we're likely to see one in the coming year or two, but we don't have a firm timeframe as to when the answer would be yes," said Todd Rosenbluth. 581 Total views 9 Total shares According to an analyst at CFRA Research, VanEck, Fidelity Investments, and Valkyrie Digital Assets may not see their…

Sam Bankman-Fried attempted to publicly discredit government witness Caroline Ellison, who was once his business ally and a romantic partner, the DoJ argued. 115 Total views 1 Total shares The United States Department of Justice (DoJ) filed a complaint against FTX founder Sam Bankman-Fried (SBF), accusing him of leaking the private papers of Caroline Ellison,…