Gemini launches campaign finance initiative for pro-crypto candidates
The announcement from Gemini followed $2 million in personal donations from the Winklevoss brothers to former President Trump’s re-election campaign.
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Crypto punters favor dollar-cost averaging when investing: Kraken survey
According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy.
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Ripple counsel slams SEC for trying to bulldoze and bankrupt crypto
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty. 1529 Total views 39 Total shares Ripple general counsel Stu Alderoty has slammed the United States Securities and Exchange Commission (SEC) for trying to “bully,…
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Crypto Community Eyes US–Iran Crisis As Tensions Flare
For one week, the Iran–United States military crisis gripped the crypto community. It began on Jan. 3 with a U.S. drone strike on a convoy traveling near Baghdad International Airport, killing Iranian major general Qasem Soleimani of the Islamic Revolutionary Guard Corps. The price of Bitcoin (BTC) soared.As reported by Cointelegraph at the time, there…
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Mt. Gox CEO Decides to Appeal Conviction on Manipulating Financial Records
Mark Karpeles, former CEO of now-defunct Mt. Gox crypto exchange, has appealed his conviction on charges of manipulating data, The Associated Press (AP) reports on March 29.On March 15, Karpeles was acquitted of charges of embezzlement, but was found guilty of tampering with financial records, with the court stating that he manipulated data to harm…
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Tax ‘Fugitive’ and Crypto Bull John McAfee Announces New Privacy Coin
Famed computer programmer, eccentric and cryptocurrency advocate John McAfee has announced that he is working on a privacy coin called Ghost.On April 11, McAfee tweeted that Ghost will be underpinned by a Proof-of-Stake algorithm, and will be tradable against leading cryptocurrencies via atomic swaps on the McAfeeDex decentralized exchange.“With a DEX/privacy coin combo we now…
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UK’s FinProm a welcome change, but challenge persists: Transak compliance head
On Oct. 8, the United Kingdom’s Financial Conduct Authority (FCA) imposed new marketing rules compelling cryptocurrency firms to promote their products and services clearly, fairly and transparently. From banning referral bonuses to crypto firms implementing a 24-hour cooling-off period for first-time crypto investors, the stricter Financial Promotions (FinProm) regime aims to help protect consumers from high
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KKR leads $350M raise for crypto custody bank Anchorage Digital
The raise marks the first time investment giant KKR directly invests in a cryptocurrency firm. 881 Total views 14 Total shares Major cryptocurrency custody bank Anchorage Digital has closed a fresh funding round, bringing its valuation to over $3 billion.Anchorage Digital announced on Wednesday that it had raised $350 million in a Series D funding…
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Dollar’s sharp recovery puts Bitcoin’s $25K breakout prospects at risk
Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar.US dollar strength reemergesNotably, the U.S. Dollar Index (DXY), which tracks the greenback’s performance against a basket of top foreign currencies, has risen 4% from its Feb. 3 low of 100.82,…