Crypto personality pleads guilty to fraud after promising 60% returns over 3 months
The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a “fictitious” cryptocurrency” wallet after promising significant gains.
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Ethereum difficulty bomb delayed but network adoption still growing
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US-China Trade War Driving Retail Investors to Bitcoin, Says EToro
Financial analysts say a growing number of retail investors are betting on Bitcoin (BTC) as a hedge against macroeconomic turbulence during the protracted United States-China trade war.The London Economic reported the news on Aug. 29, citing data from eToro, a United Kingdom-based multi-asset investment platform and social network.Correlated uptick in Bitcoin, gold positionsEToro’s data reveals…
How could the Chinese economic crisis impact Bitcoin and crypto?
Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. On the latest episode of Cointelegraph’s Macro Markets, analyst Marcel Pechman explores how Turkey’s recent interest rate increase might attract hundreds of millions of new cryptocurrency investors, and how China’s looming economic crisis could affect…
Coinbase layer-2 network Base hits 136,000 daily active users
Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior. 284 Total views 4 Total shares Daily active users on Coinbase's layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network.Dune Analytics figures from Aug. 10…
Avanti launches crypto-friendly bank in Wyoming
The Wyoming State Banking Board voted unanimously to grant Avanti a bank charter. 1509 Total views 17 Total shares According to an Oct. 28 announcement from Avanti, The Wyoming State Banking Board voted 8-0 to grant the financial institution a bank charter. The approval will allow Avanti to operate the new crypto-friendly bank under the…
BTC bull run has ‘at least 6 months to go’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week fresh from its first attempt to crack $50,000 in over a month — what’s in store next?After an encouraging weekend, BTC/USD faces an increasingly bullish macro climate and a host of expectations from analysts who demand that October changes the game.Q4, they say, should be unlike anything yet seen…
Crypto projects respond to privacy coin ban in Dubai
The Virtual Asset Regulatory Authority (VARA) recently provided the much-awaited guidelines for virtual asset service providers (VASPs) in Dubai, United Arab Emirates, which included a ban on privacy coins.On Feb. 7, VARA released several rulebooks for VASPs including the "Virtual Assets and Related Activities Regulations 2023" in which VARA mentioned a prohibition on privacy coins.…
Wisconsin Assembly candidate is accepting Bitcoin donations again
“Cryptocurrency is money,” argues a Wisconsin State Assembly candidate. 2078 Total views 24 Total shares A candidate for Wisconsin State Assembly is challenging a state regulator by accepting donations in cryptocurrencies like Bitcoin (BTC).Phil Anderson, a real estate broker and entrepreneur, now accepts cryptocurrency donations for his Assembly campaign. According to an official statement by…