California Man Sues Three Asian Banks Over $1 Million Crypto Fraud Loss – Who’s to Blame?
A California man, Ken Liem, has taken legal action against three prominent Asian-based banks—Fubon Bank, Chong Hing Bank, and DBS Bank—for allegedly facilitating a $1 million cryptocurrency scam. The lawsuit, filed in a California district court on December 31, 2024, claims that these banks failed to meet fundamental financial...
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Ripple CEO Welcomes Most ‘Pro-Crypto US Congress’ in History
Not without some controversy and tense moments, the 119th US Congress was officially sworn in, with Republicans dominating both chambers for the first time in six years. Trump-backed Mike Johnson was re-elected as the US House Speaker on the first ballot in a 218-215 vote on Friday. Many in...
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Bitcoin To Hit $1 Million? Arthur Hayes Says ‘Another Signpost’ Has Appeared Amid US Debt Concerns
BitMEX co-founder Arthur Hayes has suggested that a change in US banking regulations could propel Bitcoin (CRYPTO: BTC) to a $1 million valuation. What Happened: Hayes, addressing his followers on the social media platform X, indicated that if US banks receive an exemption from the supplementary leverage ratio (SLR) rule, it could lead to increased market liquidity, significantly...
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US Bitcoin ETFs draw $908 million daily inflows
The surge in Bitcoin ETF inflows signals growing institutional confidence, potentially driving further adoption and price stability in the market. The post US Bitcoin ETFs draw $908 million daily inflows appeared first on Crypto Briefing....
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Cathie Wood’s Ark Invest Books Profits On Hot AI Stock Palantir, Sells Bitcoin ETF Shares As BTC Starts 2025 On A Positive Note
On Friday, Cathie Wood-led Ark Invest made significant trades involving Palantir Technologies Inc. (NASDAQ:PLTR), Ark 21Shares Bitcoin ETF (BATS:ARKB), and Quantum-Si Inc. (NASDAQ:QSI). The PLTR Trade Ark Invest sold 20,332 shares of Palantir. This move aligns with Ark’s recent trend of reducing its position in the hot AI stock. The sale was...
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New On-Chain Metric For Bitcoin Signals Equilibrium – Understanding The Input Output Ratio
As the new year begins with optimism across the crypto market, Bitcoin is once again taking the lead with a bullish outlook. The world’s largest cryptocurrency has started 2025 on a strong note, setting the tone for what investors anticipate to be a pivotal year for the asset. With...
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Dogecoin (DOGE) Skyrockets 16% Daily as Analysts Set $1 Target
TL:DR; After the severe correction, Dogecoin has awakened by posting a double-digit surge, which drove it to a multi-week peak. The asset has closed down the gap to $0.4, but analysts continue to highlight $1 as a potential target during this bull cycle. DOGEUSD. Source: TradingView Shortly after Donald...
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Solana is now quantum-resistant, Solana dev claims
The Solana Winternitz Vault is optional, meaning Solana users will need to choose to store their funds in the Winternitz vaults to be quantum-proof....
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MicroStrategy doubles down on Bitcoin, plans $2 billion stock offering to fund more BTC buys
MicroStrategy’s aggressive Bitcoin strategy could significantly impact its financial stability and influence corporate cryptocurrency adoption. The post MicroStrategy doubles down on Bitcoin, plans $2 billion stock offering to fund more BTC buys appeared first on Crypto Briefing....
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