Bitcoin whales set to stack more amid ‘overestimated’ Mt. Gox FUD: Analyst
CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to “speculative FUDs,” giving smart money a way to buy up cheap Bitcoin.
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Institutional crypto adoption requires robust analytics for money laundering
Institutions have begun to take crypto seriously and have entered the space in numerous ways. As noted in a previous analysis, this has resulted in banks and fintechs looking at custody products and services for their clients. However, as custodians of clients’ assets, banks must also ensure they are clean assets and stay compliant.This is where…

Russian State Duma Committee Considers Launch of Central Bank-Issued Stablecoin
The chairman of Russia’s State Duma Committee on Financial Markets has claimed that the entity is considering the launch of state-backed cryptocurrency pegged to the Russian ruble, Russian radio news station Govorit Moskva reported Friday, Nov. 2.Speaking at a press conference on the increase of the household debt load, Chairman Anatoly Aksakov expressed his confidence…

HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’
HashCash Consultants plans to release the latest crypto asset promising profit potential amid the atrophying global economy and coronavirus catastrophe.On March 23, HashCash announced its upcoming “Corona Fund Index Cryptocurrency” (CFIX), which promises traders the opportunity to “earn profits even during corona-crisis induced bear market.”The press release describes the cryptocurrency as being inversely correlated to…

Changpeng Zhao says it’s ‘inevitable’ for China to build a BTC reserve
The former Binance CEO said that the Chinese government’s lack of transparency overall made it difficult to predict any crypto policies.

Anchorage co-founder sees ‘tons of opportunity’ as it expands into Asia
Anchorage Digital has marked its plans for expansion into the Asian crypto market, with co-founder Diogo Mónica noting that Singapore is just a starting point. 45 Total views 2 Total shares Anchorage Digital co-founder and president Diogo Mónica believe there is immense opportunity in Asia’s institutional investors, with the digital asset infrastructure provider on Oct.…

Trump vs. Biden: $4K gold target as Brandt eyes Bitcoin ‘big buy signal’
The upcoming U.S. election results can’t stop a fresh gold advance, one analyst says, while Bitcoin is also due fresh bullishness. 464 Total views 9 Total shares Gold will gain regardless of whether Donald Trump or Joe Biden wins the election, one analyst says as Bitcoin (BTC) targets $11,000.In an interview with the media division…

New York Resident Indicted for Crypto Scam, Charged With Wire Fraud
The Office of United States Immigration and Customs Enforcement’s Homeland Security Investigations and prosecutors for the Southern District of New York have indicted a man for allegedly participating in a cryptocurrency scheme dubbed Igobit.According to an announcement on Nov. 6, Asa Saint Clair was charged with one count of wire fraud, which carries a maximum…

Caroline Ellison desired to step down but feared a bank run on FTX
Caroline Ellison wasn't doing a good job leading Alameda Research in 2022, and she did not hide it. Pieces of her personal notes shared as evidence by prosecutors on Sam Bankman-Fried's trial revealed details about the trading firm's struggles and its CEO's desire to resign weeks and months before the collapse of FTX.Ellison spent over