[ad_1] In a high-profile case involving a massive cryptocurrency fraud, a British-Chinese woman, Jian Wen, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6 billion investment scam in China. Wen, aged 42, was found guilty in March of laundering Bitcoin on behalf of […]
[ad_1] The long-awaited arrival of spot Bitcoin ETFs in January 2024 has proven to be a watershed moment for the cryptocurrency market. Industry figures like Lynn Martin, president of the New York Stock Exchange Group, are crediting these exchange-traded funds with a surge in liquidity and mainstream adoption of cryptocurrencies. NYSE Boss Highlights Success Of […]
[ad_1] Ethereum co-founder Vitalik Buterin has recently criticized those opposing an increase in Bitcoin’s block size. He bases his arguments on two books that examine the “Bitcoin block size war” from contrasting viewpoints. Jonathan Bier’s The Blocksize War supports small blocks, whereas Roger Ver and Steve Patterson’s Hijacking Bitcoin advocates for larger blocks. Buterin, who […]
[ad_1] The United States spot Bitcoin exchange-traded funds (ETFs) market has recorded a long inflow streak, last seen in February. According to data on Farside Investors, the spot Bitcoin ETFs have been on a 13-day inflow streak since May 13, 2024. This indicates investors’ confidence in Bitcoin’s potential and an unwavering capital inflow into the […]
[ad_1] In the rapidly shifting landscape of cryptocurrency, crypto analyst Mags has made a compelling prediction for Bitcoin (BTC), noting that the crypto asset is gearing up for a major breakout on the upside. This upcoming spike forecasted by Mags could propel BTC to unprecedented heights and result in substantial gains. His prognosis shed light […]
[ad_1] Bitcoin is challenging the age-old allure of gold. As these two titans of value vie for dominance, the future of mining both assets stands at a crossroads. Gold, with its long history, symbolizes traditional wealth. Bitcoin, on the other hand, represents the forefront of digital innovation. Gold vs Bitcoin: Which Is Better Now? Gold […]
[ad_1] TL;DR BTC’s price has been fluctuating recently between $67,200 and $70,000, currently at $68K. Analysts predict a major pump, with some forecasting it could reach $150,000, driven by the impact of Bitcoin ETFs. Ripple’s XRP is trading around $0.524, with expectations of a significant surge. Key targets are $1.20 to $1.50, with a critical […]
[ad_1] Argentina’s tango with Bitcoin has hit a sour note. Recent talks with El Salvador, the world’s first Bitcoin nation, ignited speculation of Argentina following suit. However, experts are urging caution, differentiating between friendly discussions and full-fledged “Bitcoinization.” Milei’s Mandate Fuels Crypto Curiosity The election of Bitcoin enthusiast Javier Milei as president in late 2023 […]
[ad_1] In a notable shift in the crypto market, BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Grayscale Bitcoin Trust (GBTC) to become the world’s largest spot Bitcoin exchange-traded fund (ETF). Recent data from SoSoValue shows that IBIT now holds $19.68 billion in Bitcoin (BTC), slightly edging out GBTC’s $19.65 billion. How Grayscale’s GBTC Lost Its […]
[ad_1] Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the commonly held belief that bonds are generally safe investments. In a recent tweet, Kiyosaki labeled the notion that “bonds are safe” as the “biggest lie” propagated by financial planners to “gullible” investors. He even went on to warn that even highly rated AAA […]
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