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Showing posts from October, 2024

Metaplanet Buys 106 BTC, Total Holdings Now Valued at $56M

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Metaplanet, a company listed on the Tokyo Stock Exchange, has once again expanded its bitcoin (BTC) reserves. On Monday, the firm revealed the purchase of 106.976 BTC for approximately ¥1 billion. This acquisition comes shortly after a similar buy last week, where 108.99 BTC was added to its holdings. With these recent additions, Metaplanet now […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/O6kdxCs

China’s Trade With BRICS Surges: A $653 Billion Boost in Emerging Markets

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China’s trade with BRICS countries surged by 5.1% year-on-year, reaching 4.62 trillion yuan (approximately $653 billion) in the first three quarters of 2024. Officials emphasized the importance of BRICS as a crucial platform for developing nations to collaborate, particularly in sectors like steel and textiles, further enhancing their global influence after expanding its membership earlier […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/O6kdxCs

Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential

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Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/O6kdxCs

$500M Bitcoin Buried in Landfill: Man Sues City After Decade-Long Battle for Recovery

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James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recoverable. Council Sued Over Lost $500M Bitcoin Hard Drive James Howells, an […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/um38KO2

TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy

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TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the first to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/um38KO2

Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority

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Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing the regulator’s authority over XRP futures. The case adds to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/um38KO2

Microstrategy Stock MSTR Soars 1,620% — Outshining Bitcoin, S&P 500, and the Magnificent 7

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Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/um38KO2

US Share of World Economy Projected to Reach Historic Low

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The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ueETiLv

Robert Kiyosaki Predicts ‘Everything Crash’: Bitcoin May Drop to $5,000 Amid Market Collapse

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Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression. He urges investors to brace for financial turmoil, saying only the prepared will emerge wealthier from the ruins. “Take bitcoin for example… it […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ueETiLv

Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues

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Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought to overturn parts of the rulings that cleared Ripple’s retail XRP transactions from securities violations. Ripple’s latest move aims to ensure the SEC’s arguments on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ueETiLv

Peter Brandt Warns of Potential 75% Bitcoin Decline if All-Time High Stays Out of Reach

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Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/dBF52qX

SEC’s Authority Over XRP Futures Challenged in Bitnomial Lawsuit

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Crypto derivatives exchange Bitnomial is suing the U.S. Securities and Exchange Commission (SEC) over its authority to regulate XRP futures, challenging the classification of XRP as a security. The exchange, overseen by the Commodity Futures Trading Commission (CFTC), contests the SEC’s claim that XRP futures are “security futures” and aims to set a precedent affecting […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/dBF52qX

Prosecutors Recommend 18-Month Prison Term for Heather Morgan in Bitfinex Hack Case

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Heather Morgan, known by her rap persona “Razzlekhan,” could land an 18-month prison sentence after pleading guilty to laundering cryptocurrency linked to the 2016 Bitfinex hack. Prosecutors described her role as pivotal in obscuring stolen bitcoin through complex schemes, despite not being part of the original theft. Her cooperation, and the influence of her husband, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/dBF52qX

FBI Seeks Crypto Fraud Victims in Major Market Manipulation Case

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The Federal Bureau of Investigation (FBI) is urging potential victims of cryptocurrency fraud to come forward as it investigates market manipulation involving several cryptocurrency companies. Accusations include “wash-trading” and artificially inflating trading volumes to deceive investors. FBI Seeks Victims in Major Cryptocurrency Fraud Investigation The Federal Bureau of Investigation (FBI)’s Boston Division is calling on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/DQO2GHI

Solana Could Surge 400% Under Trump Presidency, Standard Chartered Predicts

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Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank’s head of digital assets suggests that solana’s faster transaction speed and support for decentralized applications position it well in a crypto-friendly environment. Standard Chartered Predicts Solana Surge if […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/DQO2GHI

SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings

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The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as securities. The SEC claims that Cumberland violated federal securities laws by failing to register, raising concerns over investor protection. The charges seek injunctive relief and […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/DQO2GHI

Ohio’s New Crypto Fraud Unit Claims First Victory, Recovers $130K From Scam

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The Ohio Bureau of Criminal Investigation’s new Electronic Fraud Investigations unit has recovered $130,000 from a cryptocurrency scam in its first victory. The unit was established to address the growing complexity of cyber financial crimes, particularly those involving cryptocurrency. Ohio’s New Fraud Unit Recovers $130K From Crypto Scam Ohio Attorney General Dave Yost announced on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Byinzjq

FBI Creates Crypto Token to Expose Fraud — Seizes $25M in Cryptocurrency, Charges 18

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Eighteen individuals and entities have been charged with fraud and market manipulation in the cryptocurrency industry. The charges involve deceptive practices such as wash trading and pump-and-dump schemes that inflated token prices, resulting in the seizure of $25 million in cryptocurrency. As part of “Operation Token Mirrors,” the Federal Bureau of Investigation (FBI) created a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Byinzjq

Putin Reveals Over 85% of CIS Trade Now in National Currencies

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Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/10x6g8S

XRP Army Launches Petition Against SEC Appeal in Ripple Case

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The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)’s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC’s actions create instability in the crypto sector, directly contradicting the agency’s mission. XRP Army’s Petition Calls for […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/10x6g8S

ECB Working Paper: The Role of Stablecoins as Crypto Safe-Haven Is Questionable

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A recent study part of the European Central Bank (ECB) working paper series has concluded that stablecoins are susceptible to shocks derived from U.S. monetary policy changes. Contractionary shocks make stablecoins react negatively, being even more relevant than traditional crypto shocks to stablecoins, while money market funds (MMFs) thrive. ECB Paper: Stablecoins Are Susceptible to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/10x6g8S

BRICS Unified Currency Deemed Premature by Russian Official

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Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sovereignty and exploring national currencies for trade. Ryabkov highlighted ongoing efforts to strengthen the bloc’s economic independence, with authorities actively […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/tnh6gD8

Peter Schiff Predicts Gold Could Soar to $100,000 as US Dollar Weakens

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Economist and gold advocate Peter Schiff noted that if gold could rise from $20 to $2,600 an ounce, it could potentially reach $26,000 or even $100,000. He shared his views on global economic issues, including U.S. dollar weakness, China’s economic resilience, and the impact of U.S. foreign policy on national debt. Schiff warned of potential […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/tnh6gD8

JPMorgan Analysts Predict Bitcoin Gains in Q4 as ‘Uptober’ Trend Takes Hold

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JPMorgan analysts are showing optimism as bitcoin exhibits strong upward trends moving into the fourth quarter. They highlighted October’s historically positive returns for the cryptocurrency and suggested this trend could persist. “We continue to see the crypto ecosystem being incrementally more sensitive to macro factors,” the analysts noted. JPMorgan Sees Bright Prospects for Bitcoin in […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/tnh6gD8

Crypto Fraud Ring Dismantled by Vietnamese Authorities

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Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong. Key Vietnamese suspects, trained in digital deception, have been arrested for their roles in the scheme, which included using fake […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ClB7r20

UAE Introduces Retroactive VAT Exemptions for Crypto Transactions

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The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially as some provisions retroactively affect transactions since 2018. UAE’s VAT Amendments Introduce Retroactive Tax […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ClB7r20

Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform

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The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind. Through digital forensics, authorities cracked the suspect’s crypto accounts. With previous operations yielding millions in seized assets, the ongoing investigation […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ClB7r20

Crypto Ponzi Leader Receives 121-Month Prison Sentence

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David Carmona, founder of the Icomtech cryptocurrency Ponzi scheme, has been sentenced to over 10 years in prison for defrauding investors with false promises of profits. His scheme targeted working-class people with the lure of financial freedom through cryptocurrency trading and mining, none of which actually took place. Lavish expos were held to entice more […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YyRKMXo

Paypal Completes First Corporate Transaction Using PYUSD Stablecoin

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Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal Completes First PYUSD Stablecoin Business Transaction Paypal Holdings Inc. has completed its first […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YyRKMXo

Peter Schiff: Phony Economy Must Die or US Risks Financial Ruin

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Economist Peter Schiff has warned that restoring a real economy requires letting the “phony economy” collapse, which would result in significant financial losses for many. However, he emphasized that the alternative is worse, as it would lead to the devaluation of money itself. Schiff criticized the government and Federal Reserve policies, particularly following the 2008 […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/YyRKMXo

US Government Seeks Forfeiture of 200,000 USDT Tied to Bitcoin Theft in Ohio

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The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure. […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/G4iR8bZ

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says

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A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower borrowing costs, potentially boosting the cryptocurrency market. Bitcoin’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/G4iR8bZ

Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip

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Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President Donald Trump’s improving odds could enhance bitcoin’s long-term outlook, but a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/G4iR8bZ

DOJ Charges 21-Year-Old in $37M Cyber Intrusion and Crypto Heist

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A 21-year-old from Indiana has pleaded guilty to cyber intrusion and cryptocurrency theft in a massive scheme targeting hundreds of victims. His actions involved stealing personal data and cryptocurrency worth over $37 million, with law enforcement crediting significant investigative efforts for his capture. FBI Cracks Global Cryptocurrency Theft Network The U.S. Department of Justice (DOJ) […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/UQzTOnj

JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum

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Global investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/UQzTOnj

Elon Musk: America Is Headed for Bankruptcy

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Tesla CEO Elon Musk has reiterated his concerns regarding U.S. government spending, warning that America is on a fast track to bankruptcy. Highlighting growing national debt, he reacted to a staggering $204 billion increase in just one day. Musk stressed that interest payments on federal debt now surpass the defense budget, adding urgency to his […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/UQzTOnj

Taiwan’s Regulator Allows Professional Investors to Access Digital Asset ETFs

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Taiwan’s Financial Supervisory Commission (FSC) has allowed professional investors to venture into foreign virtual asset exchange-traded funds (ETFs) via sub-brokerage. By allowing more diverse investment channels, the FSC aims to boost local brokerage operations while carefully managing the high risks of virtual assets. Stringent measures, including investor suitability checks and mandatory risk disclosures, ensure that […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/J9jk0Yv

India Cracks Down on $48M Crypto Fraud in Fiewin Gaming App With Binance Help

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India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts tied to these individuals. The scam lured users with quick earning schemes but blocked fund withdrawals. The investigation also […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/J9jk0Yv

Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities

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Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Durov stressed that this is a longstanding policy, ensuring compliance without compromising the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/J9jk0Yv

Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice

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Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it is Jesus.” Kiyosaki’s Take on a Strange Investment Pitch Robert Kiyosaki, financial educator […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/D24deyf

Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months

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Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin’s value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin’s current price behavior and broader market dynamics. He also links the U.S. presidential election to potential price surges, while emphasizing the advantages of […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/D24deyf

Robinhood Crypto Launches Crypto Transfers for European Users

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Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/D24deyf