Tag: Crypto

An Ohio-based operator of the darknet cryptocurrency mixer has been sentenced to a three-year prison term after being found guilty of laundering over $300 million in Bitcoin (CRYPTO: BTC). What Happened: According to the U.S. Department of Justice, 41-year-old Larry Dean Harmon was the brains behind Helix, a darknet...

XRP has broken out of a seven-year consolidation pattern, signaling a potential 50% price surge in the months ahead....

Cryptocurrency analysts are forecasting a significant shift in market dynamics, suggesting Bitcoin‘s (CRYPTO: BTC) recent dominance could decline in favor of alternative cryptocurrencies by the end of this month. What Happened: Leading cryptocurrency trader Milkybull predicts a “violent decline” in Bitcoin’s market dominance next month, projecting an “altseason” that...

Polish presidential candidate Sławomir Mentzen announced his intention to establish a Bitcoin (CRYPTO: BTC) reserve if he emerges victorious in the forthcoming election, joining a growing list of politicians around the world attempting to make cryptocurrency a poll issue. What Happened: In an X post on Sunday, Mentzen stated...

Spot Bitcoin ETFs hurdle its biggest legal roadblock to date after the US Commodity Futures Trading Commission (CFTC) clarified that it’s no longer taking a role in clearing BTC ETF options. In a staff advisory dated November 15th, the CFTC, through its Division of Clearing and Risk, announced that...

Polter Finance has suffered a $12 million flash loan hack, with the platform investigating stolen funds linked to Binance wallets and offering impunity to the attacker....

Global investment banks revealed significant positions held in cryptocurrency-related exchange-traded funds (ETFs) and Bitcoin (CRYPTO: BTC) stock MicroStrategy Inc. (NASDAQ:MSTR), according to their latest 13F filings with the SEC. JPMorgan Chase JPMorgan Chase & Co., the world’s largest bank by market capitalization, made sizable investments in Bitcoin and Ethereum...

Sławomir Mentzen, chairman of the Polish “New Hope” party and a contender in the upcoming presidential election, announced his plans for establishing a strategic Bitcoin reserve in Poland during a discourse on X. The initiative underscores Mentzen’s vested interest in Bitcoin, evidenced by his personal investment of 33.7 BTC,...

Gita Gopinath, Deputy Managing Director of the International Monetary Fund, expressed concern over the increasing energy consumption and carbon footprint of cryptocurrency mining and AI data centers, expected to worsen in the next few years. What Happened: In an X post on Sunday, Gopinath stated, citing IMF data, that...

Former presidential candidate Robert F. Kennedy Jr. didn’t mince words when he praised Bitcoin (CRYPTO: BTC) as a solution to the U.S. national debt and an inflation hedge. What Happened: Kennedy recently took to X to express his unwavering support for the leading cryptocurrency. “Bitcoin is the currency of...