Bitcoin ‘coiling’ up for a huge move as it hovers around $71K
Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction.
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US DoJ Seizes Millions in Crypto Funds From Al-Qaeda and ISIS Networks
Justice Department announces the largest ever seizure of terrorist-bound crypto assets today in Washington, DC. Per an Aug. 13 announcement from the United States Department of Justice, the authorities have seized millions of dollars worth of cryptocurrency from over 300 accounts. The announcement does not specify the specific amount, but does identify the operation as the…

Enterprise-Focused Ethereum Standards Consortium EEA to Form ‘Token Task Force’
The Enterprise Ethereum Alliance (EEA), global blockchain community with over 500 members, will launch a “token task force” in 2019, EEA confirmed to Cointelegraph in correspondence on Feb. 13.The executive director of the EEA, Ron Resnick, said that the task force is still at the design stage and is scheduled to launch in the first…

Australian crypto investors ‘sitting on the sidelines’ for clearer laws: Swyftx CEO
Crypto exchange Swyftx estimates anywhere from two to six million Australians could enter the market if regulated.

Paxful launches crypto debit card in Mexico
The debit card was made possible thanks to an alliance with a Spanish neobank 1166 Total views 21 Total shares Bitcoin (BTC) P2P marketplace Paxful has partnered with Spanish neobank Bnext to launch its first crypto debit card in Mexico.The partnership will allow Paxful’s Mexican customers to use their crypto funds to pay with a…

‘We allowed Alameda to withdraw unlimited funds’ — Gary Wang at SBF trial
According to FTX's former chief technology officer, Sam Bankman-Fried committed crimes with himself, Nishad Singh and Caroline Ellison. Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, was the latest witness to testify in the criminal trial of former CEO Sam “SBF” Bankman-Fried.According to reports from Inner City Press, Wang addressed

Bitcoin’s role as an inflation hedge depends on where one lives — Analyst
For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically low inflation were suddenly grappling with soaring costs, prompting investors to rethink how to preserve their

Ripple Co-founder Jed McCaleb Sold 54 Million XRP in April
Ripple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity. 5080 Total views 112 Total shares Analyzing known wallets for Ripple co-founder Jed McCaleb shows he sold off at least 54 million XRP between April 1-30. According to a May 2 report…

Official: Russia to Postpone Adoption of Bill on Digital Currencies
Russia’s parliament, the State Duma, may defer the adoption of the country’s major crypto bill “On Digital Financial Assets” (DFA) until the autumn session, local news outlet TASS reported on July 9.The Duma is considering shifting the adoption of the DFA bill to the autumn session, while the representatives have largely agreed on a bill…