Bitcoin Trump rally could wane ahead of end-Jan FOMC meeting: 10x Research
10x Research’s founder Markus Thielen said the Federal Reserve’s decisions remain Bitcoin’s “primary risk” of slowing it from another price surge.
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FBI Arrests Russian Rapper For Crypto Money Laundering, Cites Damning Instagram
United States authorities have arrested a Russian national under allegations of money laundering — using his Instagram that promoted his rap career as evidence against him.Per court filings unsealed on March 30, an FBI investigator alleged that Maksim Boiko laundered money using cryptocurrencies, including via disgraced exchange BTC-e. The authorities also say that Boiko conspired…

Smashing crypto adoption barrier? Solana aims to do its own ‘thing’
There was a lot of talk at SALT Conference 2021 about Solana Labs, the supersonic racer of layer-one blockchain networks. Not surprisingly, much of that conversation centered on speed — or, in network parlance, transactions per second (TPS).If blockchain technology is ever to achieve mass adoption — 1 billion users, say — then it has…

Nigeria’s new crypto tax policies may not drive the revenue it needs
In February, Nigeria sued Binance for unpaid taxes and introduced new cryptocurrency taxations in an effort to boost its faltering economy, but it may not have the intended effects. As the 53rd largest economy in the world, Nigeria is predicted to enjoy the highest average GDP growth between 2010 and 2050, according to Citigroup. However

Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need to make rulings to clarify them. 548 Total views 2 Total shares Coinbase CEO Brian Armstrong has responded publicly to the United States Securities and Exchange Commission (SEC) lawsuit against his company, stating in a…

Bakkt sunsets its consumer-facing crypto app to focus on B2B solutions
The app is expected to cease operations on March 16, 2023. 516 Total views 3 Total shares Own this piece of history Collect this article as an NFTDigital asset platform Bakkt has announced its plans to shift its focus to B2B technology solutions. The company said it will soon be sunsetting its consumer-facing app, which…

Privacy-preserving computation on blockchains could prevent breaches
In the 19th century, the barons of American industries rose to prominence by leveraging their hold on tangible resources like oil and steel. Today, corporate titans seek to attain even greater heights of wealth by gathering consumer data. But now, like then, the benefits of accumulating such resources come paired with a significant business risk:…

Bitcoin Price Predictions by Top Analysts Are Usually Wrong — Here’s Why
Since Bitcoin (BTC) price rallied above $19,000 in 2017, crypto analysts have issued an amazingly wide range of price predictions on the date and value of the next all-time high or low. Sometimes these predictions are rooted in deep fundamental and technical analysis, whereas other times they are simply nothing more than off-the-cuff estimates issued at…

Bitcoin slips under $17K, crypto stocks tumble in reaction to FTX bankruptcy
Bitcoin (BTC), Ether (ETH) and cryptocurrency-linked stocks like MicroStrategy are seeing a sharp downturn after news broke that FTX announced filing for Chapter 11 bankruptcy and Sam Bankman-Fried stepped down as CEO. Bitcoin, Ether and MicroStrategy comparison. Source: TradingViewCrypto-linked stocks declineMicroStrategy’s stock, led by the outspoken Bitcoin advocate Michael Saylor, is down 32.57% on Nov. 11…