KuCoin Accused of $9 Billion Money Laundering Scheme, Spot Bitcoin ETFs Get Renewed Interest, Decade-Old Bitcoin Wallet Active
KuCoin Accused of $9 Billion Money Laundering Scheme and Violating U.S. Financial Laws The Department of Justice (DOJ) has charged cryptocurrency exchange KuCoin and its founders, Chun Gan and Ke Tang, with violating anti-money laundering (AML) laws, including operating an unlicensed money-transmitting business and breaching the Bank Secrecy Act. The indictment highlights KuCoin’s failure to […]
Bitcoin price dips hard, Future of Ether ETFs in Doubt, Trezor X account hacked
Bitcoin price dips 17,5% The Bitcoin (BTC) price experienced a dip of 17.5% from its all-time highs, with recent losses bottoming at $60,760. This downturn coincides with notable outflows from U.S. spot Bitcoin ETFs and anticipation around the Federal Reserve’s interest rate decision. Market observers are closely watching for any changes in rates or guidance […]
BlackRock and its 200,000 bitcoin milestone, Coinbase targets $1 billion fundraising, Ether hits $4.000
BlackRock’s Bitcoin Spot ETF Surpasses 200,000 BTC Milestone The iShares Bitcoin Trust (IBIT), a spot Bitcoin ETF managed by BlackRock’s subsidiary iShares, has quickly become a notable player in the cryptocurrency investment space since its debut on the Nasdaq on January 11th. In just two months, IBIT has amassed over $14.5 billion in assets under […]
Bitcoin reaches new all-time high, MicroStrategy considers ethereum, Biden and Trump memecoins are skyrocketing
Bitcoin reaches new all-time high Bitcoin reached a new all-time high above $69,000, just two months after the approval and launch of ten spot bitcoin ETFs (Exchange-Traded Funds), marking an increase of about 60% during that period. This rapid achievement of a new peak has raised questions whether this high would have been reached as […]
Bitcoin reaches $59.000, Kraken to launch institutional division and IRS hires crypto executive
Bitcoin surges above $59.000 as bull rally continues Bitcoin surged above the $59,000 level in European morning hours on Wednesday, adding 5% in the past 24 hours and reaching a $1.2 trillion market capitalization. The price spike came as spot bitcoin exchange-traded funds (ETFs) recorded over $3 billion in cumulative trading volumes on Tuesday, contributing […]
Nintendo onto bitcoin, big ethereum whale active, 2 reasons bitcoin can reach $69.000 before halving
Play Nintendo 64 Games on Bitcoin The article discusses the Pizza Ninjas project’s success in inscribing a Nintendo 64 (N64) emulator onto the Bitcoin blockchain, following their earlier achievement with a Super Nintendo Entertainment System (SNES) emulator. This innovation allows users to play N64 games in their browsers using compatible game files. The integration of […]
Bitcoin reaches $50.000, open interest hits 26-months high and Kraken reportedly to be custodial for ETF
Bitcoin price reaches $50.000, first time since 2021 The bitcoin price hit $50,000 on Monday, a level last seen on December 28 2021, more than two years ago. The new retest comes despite the Super Bowl disappointing the BTC community on Sunday night as a related commercial was not displayed. Nevertheless, Twitter founder and former […]
MicroStrategy buys 850 BTC, Binance delists Monero and lawsuit Craig Wright started
COPA claims visible forgery in Craig Wright’s bitcoin origin document On the second day of the Craig Wright v. COPA trial, the plaintiff claimed that Wright had forged the date in his infamous “Nakamoto is the Japanese Adam Smith” document. This document is pivotal to the case, as Wright showed it in a video back […]
Both UK and Germany seize billions worth of bitcoin, bitcoin ETF for Global X withdrawn
Britain seized a large amount of bitcoin: worth £1.4 billion London Police have reportedly seized £1.4 billion worth of bitcoin (BTC), believed to have been obtained from a major investment scam in China. This seizure is one of the largest of its kind carried out by law enforcement worldwide. In other developments today, the German […]
FTX dumps $1b worth of GBTC shares, SEC deactivated MFA and 0,34% of crypto transactions were illegal in 2023
FTX’s $1B Grayscale ETF Sale Linked to Major Outflows The now-bankrupt exchange FTX has reportedly offloaded nearly $1 billion of shares in Grayscale’s Bitcoin Trust (GBTC). This massive sell-off revealed through confidential data and anonymous sources, is part of FTX’s ongoing bankruptcy process. The exchange aimed to liquidate its holdings to aid in reimbursing its […]