Goldman Sachs Reveals Increased Holdings In Spot Bitcoin ETFs — Here’s How Much
Major investment bank Goldman Sachs has disclosed its significant stake in spot Bitcoin ETFs (exchange-traded funds). The finance behemoth, once a vocal Bitcoin critic, appears to be shifting its investment strategy towards crypto assets, specifically the world’s largest cryptocurrency by market capitalization. Goldman Sachs Discloses $461 Million In BlackRock’s...
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Scaramucci: Trump’s Crypto Support Could Push Bitcoin To $150K
Skybridge Capital founder Anthony Scaramucci anticipates a significant increase in Bitcoin’s value, foreseeing a potential shift towards a less politicized regulatory environment for cryptocurrencies under the upcoming U.S. administration. What Happened: Scaramucci, who will be a headline speaker at Benzinga’s upcoming Future of Digital Assets event on Tuesday, expressed optimism about...
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Crypto Exchange Upbit Faces South Korean Probe Over 600,000 KYC Violations
Upbit, the leading crypto exchange in South Korea, is being investigated by the country’s financial authorities over an alleged violation of Know-Your-Client (KYC) procedures. The probe comes amid the exchange’s license renewal process and a potential investigation for “anti-monopoly breaches.” Crypto Exchange Faces Probe For Potential KYC Violations According...
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Chainlink introduces the ‘Chainlink Runtime Environment’ framework
According to Chainlink, the Common Businesses-Oriented Language (COBOL) standard facilitates approximately 95% of all ATM transactions....
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Manhattan Prosecutors Revise Crypto Crime Tactics After Trump’s Latest Appointment
The US Attorney’s Office in Manhattan is reportedly shifting its approach to crypto crime enforcement, allocating “fewer resources” to this area following a series of significant convictions, including that of FTX founder Sam Bankman-Fried. Southern District Of New York To Scale Back Crypto Prosecutions Scott Hartman, co-chief of the...
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Another US Listed Firm Adopts Bitcoin As Treasury Asset
Solidion Technology, Inc. (NASDAQ: STI), a leading provider of advanced battery materials, has announced a significant strategic allocation of Bitcoin within its corporate treasury. This move positions Solidion alongside other prominent US companies such as MicroStrategy, Tesla, Block (formerly Square), Semler Scientific, Coinbase, Riot Platforms, and Marathon Digital Holdings,...
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Benzinga Bulls And Bears: Tesla, Disney, Gold — And Hedge Funds Project Bitcoin To Hit $100K-$150K
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories. The major indexes, which had been climbing following Trump’s election victory, lost momentum this week, with the S&P 500 down 2.1%, the Nasdaq dropping 3.2%, and...
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Crypto Firms Posing As Banks Face Scrutiny From Hong Kong Regulator
The Hong Kong Monetary Authority (HKMA) has warned the public about two foreign-based crypto companies allegedly misrepresenting themselves as banks. The firms were found to have used the term “bank” when describing their products and services, potentially misleading consumers. HKMA Cracks Down On Crypto Firms Posing As Banks The HKMA, which...
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Financial Crime Weekly: Darknet Money Laundering, Crypto Scams, Invesco Pays $17.5M SEC Penalty
Man Sentenced To 12 ½ Years For Bitcoin Money Laundering On The Darknet Roman Sterlingov was sentenced last Friday to 12 years and six months in prison for his operation of the longest-running Bitcoin (CRYPTO: BTC) money laundering service on the darknet. Sterlingov was also ordered to pay a...
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Bitcoin Miners Continue To Sell – 2010 Satoshi-Era Miner Moves 2K BTC
Bitcoin has entered price discovery after repeatedly breaking all-time highs over the past week. The price surged an impressive 38% in under ten days, highlighting the overwhelming bullish momentum that has captivated the market. BTC is consolidating below the $93,400 mark as traders and investors anticipate its next move....
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