Posts

Showing posts from July, 2024
NEW

US Senator Discusses Trump’s Bitcoin Plan and National BTC Stockpile

Image
U.S. Senator Bill Hagerty has discussed former President Donald Trump’s bitcoin plan, which includes creating a national bitcoin stockpile. The lawmaker expects to see several legislative proposals beyond what Trump announced. He believes this move will establish credibility for the currency and demonstrate national support for it. Senator Hagerty Discusses Trump’s Bitcoin Strategy U.S. Senator […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/36YNCjl

Trump Has Raised $25M From Crypto Industry and Bitcoin Whales

Image
Former U.S. President and presidential candidate Donald Trump has raised $25 million from the crypto industry and bitcoin whales since he began accepting donations in cryptocurrencies. He has made several promises to support the crypto sector if elected, including the replacement of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. Trump Raises $25 Million […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cqeVCd5

University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications

Image
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental understanding of bitcoin. University of Wyoming Launches Bitcoin Research Institute The University of Wyoming (UW) has launched […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cqeVCd5

Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor Says

Image
Russia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of Russia. The central bank is prepared to be flexible and is already discussing the conditions of this initiative with various ministries, agencies, and businesses. In addition, Russia’s State Duma, the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/4ZJqlfi

Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation

Image
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/4ZJqlfi

Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years

Image
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that moved 121.63 BTC a day ago […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/4ZJqlfi

Interpol Issues Red Notice for ‘Coin Young Master’ Who Threw Cash From Rooftop

Image
Interpol is aiding Hong Kong officials in locating Wong Ching-kit, a cryptocurrency promoter known as “Coin Young Master,” notorious for his 2018 stunt of tossing HK$6,000 from a rooftop. Wong faces charges of fraud and theft, including involvement in a HK$3 million cryptocurrency deception. An Interpol red notice has been issued to facilitate his arrest. […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qUmegva

Blackrock Warns of Rising Crypto Investment Scams

Image
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qUmegva

Latam Insights: US Department of State Acknowledges Bitcoin Helped Revive El Salvador’s Tourism, Paraguayan Government Dismisses Power Fee Hike Concerns

Image
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The U.S. Department of State states bitcoin helped drive tourists to El Salvador, Paraguay dismisses concerns about power fee hikes for bitcoin mining activities, and Salvadoran basic goods’ prices reach record highs. US […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/qUmegva

Vivek Ramaswamy Predicts Trump’s Crypto Advantage and Harris’ Digital Asset Policy

Image
Vivek Ramaswamy, a former presidential candidate, has predicted that former U.S. President Donald Trump will gain support from pro-bitcoin and pro-crypto voters while Vice President Kamala Harris will “scramble to come up with some phony ‘digital asset’ policy framework to pander to pro-crypto voters.” Trump has embraced a pro-crypto stance, pledging support at the recent […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/RpC2aNo

Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050

Image
Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and 5% of domestic trade, with central banks holding 2.5% of their assets in BTC. Scalability challenges are […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/RpC2aNo

FINMA Warns Stablecoins Threaten Swiss Financial Reputation

Image
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin Issuers as Financial Intermediaries The Swiss regulator, the Financial Market Supervisory Authority (FINMA), has recently […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/RpC2aNo

Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality

Image
Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system would help to reduce the dependence on Western institutions and simplify settlements outside the dollar-dominated system. BRICS SWIFT Equivalent […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ndW3u1G

BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director

Image
The World Bank Executive Director for Russia forecasts that BRICS nations will soon dominate the World Bank and the International Monetary Fund (IMF), attributing this shift to inevitable macroeconomic and demographic changes away from Western dominance. He emphasized the importance of working patiently toward this goal and resisting provocations from those upholding the old global […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ndW3u1G

BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

Image
The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant payment infrastructure. Discussions include integrating financial markets, payments in national currencies, and new mechanisms for mutual financial […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/FZKjI3L

Bitcoin Investors Won’t Sell BTC Even if Price Drops to $3K, Peter Schiff’s Poll Shows

Image
Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed strong commitment to holding their BTC even if the price drops drastically. Schiff maintains that bitcoin’s value proposition is flawed and anticipates a significant […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/FZKjI3L

Michael Saylor: US Government Should Own Majority of Bitcoin in the World

Image
Michael Saylor, executive chairman of Microstrategy, believes the U.S. government should hold the majority of the world’s bitcoin, arguing this would strengthen the U.S. dollar. Drawing parallels to historic acquisitions, he views bitcoin as a critical asset for the future. Saylor emphasized: “The country gotta look to the future, and the future of the country […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/FZKjI3L

SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm

Image
Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will be 51% owned by SBI Holdings and 49% by Franklin Templeton. This move aligns with the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3MSpwsc

UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers

Image
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected for almost two years. FCA Fines Coinbase’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3MSpwsc

Majority of Americans Believe US in Recession, Survey Shows

Image
New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief, followed by complaints from friends and family (50%), reduced spending by peers (36%), and difficulties […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3MSpwsc

Telegram CEO Predicts Blockchain Mass Adoption This Year — Announces Mini App Store, Web3 Browser

Image
Pavel Durov, CEO of Telegram, forecasts 2024 as the year of blockchain mass adoption. He announced new features such as a mini app store, an in-app browser for Web3, and initiatives to combat crypto scams. Telegram’s user base has grown to 950 million monthly active users, with expectations to reach one billion soon. Telegram’s CEO […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/O8vb6Mo

Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email

Image
Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail email address, you can now automatically receive bitcoins with your email address,” said Proton’s CEO, adding […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/O8vb6Mo

Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains

Image
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more companies in the industry are waiting to enter the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/O8vb6Mo

87% of Russians Aware of Cryptocurrency, 42% Familiar With Hamster Kombat, Survey Shows

Image
A survey by the All-Russian Public Opinion Research Center reveals high awareness of cryptocurrency among Russians but limited knowledge of the Telegram game Hamster Kombat. Despite 87% being aware of cryptocurrency, only 42% know of Hamster Kombat. The game’s popularity is mainly among young, tech-savvy Telegram users, with a significant gap between awareness and active […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KPw8ZnN

US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains

Image
Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so the United States is the largest holder of bitcoin, and so they could easily just move that over to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KPw8ZnN

Analysts Predict US Dollar Trends Amid Biden’s Withdrawal and Trump’s Lead

Image
Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight decline in the dollar against a basket of currencies. Bank of America’s head of global foreign exchange research mentioned: “There is a growing consensus that the dollar will be stronger if Trump wins due to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KPw8ZnN

Spot Ethereum ETFs Set to Launch: Blackrock Highlights Rising Demand for Digital Asset ETFs

Image
Spot ethereum exchange-traded funds (ETFs) are set to debut on Tuesday, July 23, 2024, following approval from the U.S. Securities and Exchange Commission (SEC). Blackrock, the world’s largest asset manager, announced that its Ishares Ethereum Trust ETF (ETHA) will commence trading on Nasdaq on Tuesday, featuring a one-year fee waiver of 0.12% for the first […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KxRYJwc

Bitcoin Continues to Dominate as Altcoin Season Index Score Plummets

Image
In mid-July, the Altcoin Season Index (ASI) available on blockchaincenter.net began to rise, reaching a high of 46 and nearing the significant threshold of 75. Since then, however, the ASI score has dropped to 24, indicating that a period of increased gains for alternative cryptocurrencies is now more distant. Bitcoin Outperforms Altcoins as ASI Score […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KxRYJwc

Delhi Police Arrest 7 in Crypto Fraud

Image
Delhi police have arrested seven individuals, including a contractual bank employee, for allegedly defrauding a man of ₹91 lakh ($111,000) by promising high returns in stock and cryptocurrency trading. The suspects, identified as Ajay, Mohit, Shankar, Partyaksh Koshar, Manish Jawla, Shrayance Pandit, and Dinesh, created fictitious bank accounts and sold them to other fraudsters. Deputy […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KxRYJwc

Cboe Announces 5 Ether ETFs Will Be Listed Tuesday Pending Regulatory Effectiveness

Image
Cboe, the Chicago Board Options Exchange, is preparing to list five new ether exchange-traded funds (ETFs) on Tuesday, pending regulatory effectiveness. These five spot ethereum ETFs are from 21shares, Fidelity, Franklin, Invesco Galaxy, and Vaneck. The U.S. Securities and Exchange Commission (SEC) approved Form 19b-4 filings for eight spot ether ETFs in May and has […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KxRYJwc

Solana-Based Kamala Token Soars as Biden-Linked Meme Coins Tumble After Race Withdrawal

Image
On July 21, 2024, a Sunday evening around 8:30 p.m. Eastern Time, presidential meme coins experienced notable fluctuations. A Solana-based meme token called kamala horris (KAMA) surged over 78% within 24 hours, while crypto coins linked to the Biden family saw a steep decline. This dramatic volatility followed Joe Biden’s announcement that he would be […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/WOYCjx2

AI and Metaverse Combo Could Create More Interactive, Personal Virtual Worlds, Says Tech Veteran

Image
According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/WOYCjx2

Nigeria Acts to Defend Naira After Currency Hits New Record Low

Image
The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purchase exchange rate. The Nigerian apex bank disclosed that it […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/WOYCjx2

Messari CEO Selkis Resigns After Controversial Political Posts

Image
Ryan Selkis, founder of Messari, has stepped down as CEO, following controversial social media posts. He will transition to Senior Advisor, while Eric Turner takes over as interim CEO. “This week was the first week in 6.5 years that my politics and rhetoric put the team in harm’s way,” he stressed. Ryan Selkis Resigns as […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/q196H3o

Chinese Billionaire Convicted of Racketeering and Wire Fraud in US

Image
Exiled Chinese billionaire Guo Wengui, also known as Miles Guo, has been convicted by a U.S. jury on charges including racketeering conspiracy and wire fraud. Guo defrauded followers of over $1 billion, primarily through false investment schemes in cryptocurrency. U.S. Attorney Damian Williams stated that Guo faces decades in prison. His fraudulent activities funded a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/q196H3o

Philippine Central Bank Warns of AI-Driven Crypto Scams — Governor Denies Endorsing Cryptocurrency Projects

Image
The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, has cautioned the public against scams involving AI-manipulated videos and audios, which are used to spread false information, particularly about cryptocurrency investments. The BSP emphasizes that Governor Eli M. Remolona Jr. does not endorse the purported cryptocurrency project “Tesler Code” or any other […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/q196H3o

Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback

Image
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin Regulatory Regime On July 17, Hong Kong regulators—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/kjRJpxX

Kraken Expands Crypto Custody Services to Institutions in UK and Australia

Image
Crypto exchange Kraken has expanded its custody services to institutional clients in the UK and Australia, marking the first international expansion following its successful U.S. launch in March. Kraken Institutional, already established in the UK and Australia, now offers its custody solution to both existing and new clients in these countries, emphasizing security and client […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/kjRJpxX

Standard Chartered, Animoca Brands, and HKT Join Forces on Hong Kong’s Stablecoin Sandbox

Image
Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), Animoca Brands, and Hong Kong Telecom (HKT) have united to participate in the Hong Kong Monetary Authority’s (HKMA) stablecoin issuer sandbox, announced in March. Leveraging Zodia Custody’s digital asset capabilities, the collaboration aims to promote sustainable and transparent growth in the digital asset market. Zodia is Standard Chartered’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/kjRJpxX

FBI Seizes $2.5M in Crypto From Thailand-Based Pig Butchering Scam Targeting Americans

Image
The U.S. Attorney’s Office has launched a civil forfeiture action to reclaim cryptocurrency seized by the FBI from international fraudsters involved in “pig butchering” schemes. This initiative aims to return the stolen funds to victims and hold criminals accountable. “The rate at which bad actors are using elaborate pig-butchering scams to defraud innocent people is […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wNd591B

Fake Professors Scam Crypto Investors on Telegram and Whatsapp, DFI Warns

Image
The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high returns and offering dubious loans. Cryptocurrency Scams: Fake Professors Target Investors The Washington State Department of Financial Institutions (DFI) […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wNd591B

Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead

Image
Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably short-lived, lasting only 11 days, due to his controversial remarks and conflicts within the administration. […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wNd591B

Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection

Image
Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed that almost all of his previous NFTs were paid in crypto, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/wNd591B

Bitso Integrates Lightspark for Bitcoin Lightning Network

Image
Bitso, a leading Latin American cryptocurrency platform, has announced its partnership with Lightspark to incorporate the Bitcoin Lightning Network into its services. This integration aims to enhance the speed and affordability of bitcoin transactions for Bitso’s users. Bitso Adds Lightning Support via Lightspark The integration of Lightspark Connect will allow Bitso‘s 8 million retail customers […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Dy7u2We

Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows

Image
The total crypto market cap decreased by 14.4% in the second quarter this year, ending at $2.43 trillion, while the S&P 500 increased by 3.9%, according to the 2024 Q2 Crypto Industry Report by Coingecko. Bitcoin’s price fell by 11.9%, ranging from $58,000 to $72,000, with its mining hash rate dropping 18.8% after reaching an […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Dy7u2We

JPMorgan Bullish on Gold Prices Into Year-End

Image
Global investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its all-time high, bolstered by the Federal Reserve’s actions and the influence of former U.S. President Donald Trump. […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Dy7u2We

Uganda Presents Purchase Plan to Return to the Gold Standard

Image
Uganda is aiming to return to the gold standard at some extent with a purchase proposal that seeks to amass more gold to back its fiat currency, the Ugandan shilling. The Central Bank of Uganda will purchase gold from artisanal miners to support their activities and reduce raw gold imports. Uganda Eyes Gold Standard Backing […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GzUodYZ

Santa Monica City Council Unanimously Approves Landmark Bitcoin Initiative

Image
The Santa Monica City Council has unanimously approved the creation of a Bitcoin Office. Proposed by Vice Mayor Lana Negrete and in partnership with The Proof of Workforce Foundation, the program aims to boost Bitcoin education, economic recovery, and tourism, operating at no cost to the city. The program followed the vice mayor’s visit to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GzUodYZ

Peter Brandt Anticipates Bullish Move for Bitcoin, Says ‘Bears Are Trapped’

Image
Veteran trader Peter Brandt’s recent bitcoin analysis suggests a bullish momentum, noting that a bear trap is confirmed by the July 13 close. However, this outlook is contingent on bitcoin staying above $56,000. Brandt recently predicted a potential BTC peak at $150,000 by late 2025. Peter Brandt Foresees Bullish Momentum for Bitcoin Veteran trader Peter […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GzUodYZ

UK’s Crown Prosecution Service Announces First Case Involving Monero Conversion

Image
Jack Finney has been ordered to forfeit gains from selling a toxic substance marketed as a weight loss drug. The order includes proceeds in monero cryptocurrency and other assets. “This is the first case where we have converted Monero currency into cash,” said Adrian Foster, Chief Crown Prosecutor in the Crown Prosecution Service. British Man […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/MX5uhxL

Philippines Charges 2 Russians in $6.2 Million XRP Theft

Image
The Philippine Department of Justice (DOJ) has charged two Russian nationals with stealing PHP340 million ($6.2 million) worth of XRP cryptocurrency from a local crypto exchange. The suspects allegedly hacked Coins.ph’s system to commit the theft. The DOJ emphasized the importance of vigilance against cybercrime despite ongoing efforts to combat these threats. Philippine DOJ Charges […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/MX5uhxL

Russia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges

Image
The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial Market Committee, believes Russia’s largest exchanges are prepared to handle cryptocurrency transactions. He emphasized that once legal conditions […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/MX5uhxL

Putin Envisions Official BRICS Parliamentary Organization

Image
Russian President Vladimir Putin believes that the BRICS economic bloc will have its own official parliamentary organization in the future. Speaking at the 10th BRICS Parliamentary Forum, Putin emphasized the importance of parliaments in promoting multilateralism and global security. He highlighted BRICS’ principles of democracy, sovereignty, and mutual respect, and called for collective efforts to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/P5ENteK

Ripple CEO and Legal Chief Reflect on Landmark Victory Against SEC Over XRP

Image
Ripple’s chief executive and chief legal officer have reflected on the crypto firm’s win against the U.S. Securities and Exchange Commission (SEC) regarding XRP as the anniversary of the court ruling approached. The CEO described the ruling as a milestone for both Ripple and the cryptocurrency industry. “The court’s ruling that XRP is not a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/P5ENteK

TRUMP Meme Coin Soars After Attack on Former US President

Image
Following the assassination attempt on former President Donald Trump, the meme token associated with his name, maga (TRUMP), jumped over 40% against the U.S. dollar. The token experienced a wide intraday trading range, fluctuating between a low of $6.18 per coin and a 24-hour high of $9.68. At 8:30 p.m. EDT on Saturday, several hours […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/P5ENteK

Trump’s Odds of Winning Presidential Election Soar in Prediction Markets After Assassination Attempt

Image
Former U.S. President and current presidential candidate Donald Trump was shot at a rally in Pennsylvania. Gunfire erupted while he was speaking, prompting Secret Service agents to rush him off the stage. Trump was seen with blood on the side of his head and ear. His chance of winning the November presidential election immediately surged […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hxMWtak

China and Kazakhstan Sign CBDC Collaboration Agreement

Image
The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan, aims to enhance CBDC research through joint initiatives and professional development. China and Kazakhstan to Collaborate on Central Bank Digital Currencies […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hxMWtak

Federal Agencies Join Forces to Fight Crypto Scams

Image
Several federal agencies, including the Federal Bureau of Investigation (FBI) and the U.S. Securities and Exchange Commission (SEC), convened at a Fraud Disruption Conference to combat crypto scams, particularly the “pig butchering” fraud that siphons billions from Americans annually. The meeting brought together over 300 officials from 15 federal agencies to strategize against this pervasive […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hxMWtak

Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures

Image
Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced this plea following previous legal actions and settlements. Bitmex says: “We have accepted the BSA charge, will seek […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hxMWtak

Droppgroup Partners Solana-Focused Superteam to Drive Web3 Adoption in Saudi Arabia

Image
Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm Droppgroup and Solana-focused development group Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KBMbAim

SEC Secures Default Judgments in $45 Million Coindeal Fraud Case

Image
The U.S. Securities and Exchange Commission (SEC) announced this week that the U.S. District Court for the Eastern District of Michigan has issued default judgments against Garry Davidson and Linda Knott for their involvement in a fraudulent $45 million Coindeal scheme. Davidson and Knott were accused of deceiving investors with false promises of significant returns […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KBMbAim

How Web3 is Revolutionizing Water Access in Rural India

Image
The Crypto Council for Innovation has highlighted the positive impact of web3 in rural India through a case study that demonstrated improved water access. Decentralized solutions, like those implemented by Atlantis DAO, are transforming water availability and creating economic opportunities in drought-prone regions. Over 80% of participants reported better access to clean water, and new […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KBMbAim

Crypto Support Surges Among GOP Voters, Poll Finds

Image
A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank digital currencies (CBDCs). Political candidates defending crypto, such as Sam Brown, Dave McCormick, and Bernie Moreno, enjoy significant GOP (Republican Party) support. Notably, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/KBMbAim

Trump to Address Bitcoin 2024 Conference in Nashville

Image
According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin (BTC) and the Republican party’s inclusion of the cryptocurrency in their platform. The party has committed to safeguarding […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/mkIHQs1

Senate Committee Discusses Strong Federal Oversight of Crypto Markets

Image
The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection, market integrity, and the necessity of federal oversight for digital commodities like bitcoin and ethereum. Senate Committee Highlights Need for […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/mkIHQs1