FCA busts suspects in $1.2B illegal crypto asset business

Wall Street analyst and cryptocurrency bull Tom Lee has nearly cut his end-year Bitcoin (BTC) price target in half from $25,000 to $15,000, CNBC reported Nov. 16.According to Lee – the co-founder of market advisory firm Fundstrat Global Advisors – the key factor behind his new target is Bitcoin’s “break-even point,” or the level at…

Once implemented, the crypto law will implement a new economic model that can potentially help recover the lira's falling value. 2783 Total views 12 Total shares Turkey's President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country.In…

In the second week of his fraud trial, SBF will face testimonies against him from witnesses, including former partner and CEO of Alameda Research Caroline Ellison. 196 Total views 18 Total shares The second week of the Sam “SBF” Bankman-Fried FTX fraud trial will commence its hearings again on Monday, Oct. 9, with one of

Company founder Ken Griffin has backtracked on his anti-crypto stance and wants his firm to offer digital assets to its clients this year. 392 Total views 3 Total shares American multinational hedge fund and financial services company Citadel is poised to enter cryptocurrency markets this year.Speaking on Bloomberg Wealth with David Rubenstein, Citadel founder Ken…

Having made a big move at the start of 2019, Bitcoin (BTC) now needs to consolidate its gains, argues Fundstrat’s Tom Lee.In an Oct. 22 interview for BlockTV, Lee — a renowned Bitcoin bull, co-founder and Wall Street strategist at Fundstrat Global Advisors — said that the levels of ebullience back in July were signs…

The United States, which was the joint top-ranked crypto economy last quarter along with Germany, fell to seventh place in the rankings. 418 Total views 17 Total shares Germany has become the most favorable crypto economy in the world in the third quarter of 2022, according to a new report. The United States, the joint…

Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens (NFTs) later this week.According to an announcement on Nov. 22, the auction will be held on Nov. 28, with fans already able to participate in a live contest to compete for…

The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.