Trader turns $1K into $750K trading Tron memecoin SunWukong
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.
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3 Reasons Some Top Traders Expect Bitcoin Price to Hit $15K in Q3 2020
The Bitcoin (BTC) price surpassed $10,000 on Thursday, completing a V-shape recovery from its fall to $3,600 back in March. Traders believe that the rally is just beginning for the top-ranked cryptocurrency by market capitalization as a confluence of positive factors is fueling the uptrend.Purely based on technicals, analysts anticipate the Bitcoin price to rise…

Bank of England Warns Crypto Adoption May Impact Credit Creation
Jon Cuncliffe, the deputy governor for financial stability of the United Kingdom’s central bank, the Bank of England (BoE), has warned that the emergence of a cryptocurrency economy may weaken or eliminate bank credit issuance.In a speech delivered to the London School of Economics on Feb. 28, Cunliffe predicted that the integration of stablecoins on…

LocalBitcoins Imposes Restrictions on Iranian Accounts
Major peer-to-peer cryptocurrency exchange LocalBitcoins.com has banned users living in Iran, according to their website as of today, May 24.Screenshot of LocalBitcoin Iranian page as of press timeA source had previously told Cointelegraph in an email that the impetus for restricting Iranian transactions is to comply with financial regulations in Finland, where the headquarters of…

Kik Lawyers Say SEC Has No Strong Evidence, Twisted Facts in Complaint
Social media organization Kik has responded to a United States Securities and Exchange Commission (SEC’s) complaint alleging that Kik violated securities laws in its 2017 token fundraiser. In a court filing dated Aug. 6, Kik’s lawyers state that the SEC relied on taking quotes out of context and twisting facts in order to support their allegations.…

‘Giant buy’ signal? Crypto whales transfer $1.3B to Coinbase
Crypto analysts believe the large transfers could have a “big impact” depending on where the capital is getting deployed.
UK passes bill to enable authorities to seize Bitcoin used for crime
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023. 1470 Total views 6 Total shares Lawmakers in the United Kingdom have passed legislation allowing authorities to seize and freeze cryptocurrencies like Bitcoin (BTC) if used for illicit purposes.According to official data on the

What are crypto-backed mortgages, and how do they work?
What are crypto-based mortgages? Crypto-backed mortgages are a kind of loan where borrowers use their cryptocurrency holdings, such as Bitcoin (BTC) or Ether (ETH), as collateral to secure financing for real estate purchases. This approach allows you to access funds without selling your digital assets. By retaining crypto ownership, borrowers can still benefit from future

Bitcoin price dip below $60K sparks most exchange buying since 2022
Bitcoin exchanges see mass withdrawals amid a battle for BTC price support at $60,000.