Bitcoin and Gold Poised for Significant Breakout as ‘Macro Summer’ Commences — Analyst
Bitcoin and gold might be gearing up for a major price breakout as macroeconomic conditions show signs of improvement. ‘Macro Summer’ and Its Implications Raoul Pal, founder and CEO of…
Ethereum ETF Launch Spurs $2.2 Billion Inflows, Reports CoinShares
The recent introduction of spot Ether exchange-traded funds (ETFs) in the United States has triggered one of the most significant inflows to Ethereum (ETH) since December 2022. Surge in Inflows…
NFTs on Track for Lowest Monthly Sales Since November 2023
Non-fungible tokens (NFTs) are on course to record their lowest monthly sales volume since November 2023, according to recent data. Current Sales Figures As of July 29, data tracker CryptoSlam…
Hacker Sentenced to 3.5 Years for $900,000 Coinbase Login Scam
A computer hacker from the United Kingdom, who compromised over 500 Coinbase accounts through phishing websites in 2018 and 2019, has been sentenced to three and a half years in…
University of Wyoming Launches Bitcoin Research Institute
The University of Wyoming is gearing up for the launch of the UW Bitcoin Research Institute this August. This new initiative aims to enhance the quality and quantity of academic…
Harris Campaign Aims to Repair Democratic Party Ties with Crypto Sector
In a strategic move to mend relations with the cryptocurrency sector, advisers to United States Vice President Kamala Harris have initiated outreach efforts to leading crypto companies. This initiative is…
Trump Won’t Sell US Bitcoin if Elected, Focuses on Retaining Holdings and Seized Assets
During a high-profile speech at the Bitcoin 2024 conference in Nashville, Tennessee, on July 27, former President Donald Trump laid out his vision for the future of Bitcoin in the…
Hong Kong Police Crack Down on Crypto Fraud: Four Arrested, Including Teenager, in HK$11 Million Scheme
In a significant move against financial fraud, Hong Kong police have apprehended four individuals, including a 14-year-old, linked to a syndicate involved in defrauding cryptocurrency owners with counterfeit banknotes. The…
Casper Network Halts Operations Following Security Breach
Casper Network, a notable blockchain platform known for its innovative approach to decentralized applications (dApps), has recently encountered a security breach. This incident prompted an immediate and temporary suspension of…
Hong Kong Legislator Considers Bitcoin for Financial Reserves
Hong Kong Legislative Council Member Johnny Ng has unveiled plans to explore the feasibility and benefits of incorporating Bitcoin into the financial reserves of Hong Kong. This initiative reflects growing…
Swiss Regulator FINMA Proposes New Guidelines for Stablecoin Issuers
In an effort to enhance regulatory oversight and address potential financial risks, the Swiss Financial Market Supervisory Authority (FINMA) has introduced new guidelines for stablecoin issuers. This proposal is part…
Kamala Harris Campaign Reports $200 Million Raised in First Week, Including $95 Million from Biden Transfer
In the first week of her presidential campaign, Kamala Harris has achieved a notable fundraising milestone, amassing $200 million and enrolling 170,000 new volunteers, according to a statement from her…
Bitcoin Hits 16-Month High in Positive Sentiment as Price Approaches $68K
Bitcoin’s recent price surge has significantly impacted trader sentiment, reaching levels not observed in 16 months. Data from Santiment, a firm that monitors social media sentiment, highlights a notable shift…
Foreign Crypto Miners Could Pose National Security Threats, Warns Senator Elizabeth Warren
United States Senator Elizabeth Warren, known for her critical stance on cryptocurrencies, has once again raised alarms about the potential risks associated with foreign-owned cryptocurrency mining operations in the U.S.…
VanEck Projects Bitcoin Could Reach $2.9 Million Per Coin by 2050
Investment management firm VanEck has projected a significant future value for Bitcoin, estimating that by 2050, the cryptocurrency could achieve a total market capitalization of $61 trillion. This would equate…
Trump’s Reelection Campaign Receives $3 Million in Cryptocurrency Donations for Q2 2024
Donors to Donald Trump’s reelection campaign have contributed approximately $3 million in cryptocurrency since the candidate announced his acceptance of digital assets. This development reflects a significant shift in Trump’s…
Coinbase UK Incurs $4.5 Million Fine for Onboarding High-Risk Customers
Coinbase’s UK operation, specifically CB Payments Limited (CBPL), part of the Coinbase Group, has been fined $4.5 million by the British Financial Conduct Authority (FCA) for failing to adhere to…
HSBC Australia Implements Restrictions on Payments to Crypto Exchanges Due to Scam Concerns
Starting July 24, 2024, HSBC Australia, a branch of the international banking giant, has initiated a significant policy change by blocking payments to cryptocurrency exchanges. This measure is part of…
Latvia’s Strategic Economic Shift: Insights from the Minister of Economics on Crypto Regulations and Blockchain Innovations
Situated in Northern Europe, Latvia, with a population of 1.8 million, is positioning itself as a burgeoning leader in digital innovation within the continent. The recent advancement of its “Crypto…
The Crucial Role of Private Sector Expertise in Nigeria’s Blockchain Strategy
As Nigeria prepares to launch a national blockchain platform, insights from key players in the African fintech industry underscore the pivotal role of private sector expertise in the successful implementation…