Early-Era US Bitcoin Investor Sentenced to Two Years in Prison for Underreporting Gains From BTC Sales
An ancient Bitcoin investor is going to spend the next two years in prison after underreporting his BTC gains, according to the U.S. Department of Justice (DOJ). In a new press release, the DOJ says that Frank Richard Ahlgren III of Austin, Texas failed to accurately report the capital gains he earned after selling $3.7 […]
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XRP Market Update: Support at $2.38 Holds Firm as Resistance Looms at $2.50
US Banks Witness 1,000% Surge in Digital Scams As JPMorgan Chase, Wells Fargo and Bank of America Customers Lose $166,000,000 on Zelle in One Year: Report
US banks are witnessing a massive surge in sophisticated digital scams, according to a new report. The number of social engineering scams targeting both US and Canadian bank customers has exploded 1,000% in the last year, according to the cybersecurity firm BioCatch. Social engineering scammers use deceptive tactics to impersonate entities like banks or family […]
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NFT Buyers Vanish, but Sales Spike: Ethereum Dominates $224M Week
Why Hong Kong has grown into a crypto hub — CEO of WOW Summit
“Hong Kong’s ‘one country, two systems’ framework lets it explore digital asset innovation more freely,” Ivan Ivanov told Cointelegraph.
Hong Kong has rapidly become a cryptocurrency hub, positioning itself as a center for financial innovation alongside the United Arab Emirates (UAE) and Singapore. Ivan Ivanov, global CEO of WOW Summit, said this innovation was fostered by a mixture of strong regulatory policy and Hong Kong’s status as a special economic region.
Ivanov told Cointelegraph that Hong Kong’s special relationship with mainland China and robust regulation allow Hong Kong to be a sandbox for financial and technical innovation, which benefits startups, nascent technologies, and institutional investors. Ivanov wrote:
The WOW Summit CEO added that Hong Kong’s stablecoin policy, which requires issuers of stablecoins to acquire licenses and keep their fiat reserves in local Hong Kong banks, promotes trust and transparency in the nascent asset sector.
Ethereum Technical Analysis: Is $4,000 Within Reach or a Mirage?
New House Financial Services Committee Chairman Says Clear Crypto Regulations Are Near the Top of His To-Do List
Rep. French Hill says establishing a clear market structure for digital assets is one of his top three priorities as the newly elected House Financial Services Committee chairman. Hill (R-Arkansas), a staunch supporter of the crypto sector, secured the chairmanship earlier this week, taking over for retiring fellow GOP lawmaker Patrick McHenry (R-North Carolina). The […]
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Crypto trader turns $27 into $52M with savvy Pepe token investment
Despite having no intrinsic value, memecoins have created many new millionaires among crypto investors.
A cryptocurrency trader has reportedly turned a $27 investment in the Pepe memecoin into an extraordinary $52 million profit, according to blockchain analytics firm Lookonchain.
An unknown Pepe (PEPE) trader bagged the life-changing profits, crypto intelligence firm Lookonchain revealed in a Dec. 14 X post.
Savvy Pepe trader transaction. Source: Lookonchain
Bitcoin Technical Analysis: Will $101,000 Support Hold Amid Mixed Market Signals?
$7,000,000,000,000 in Cash Sidelined As Investors Refuse To Pour Capital Into Risk Assets: Report
A total of $7 trillion is now fully sidelined as a group of investors refuse to pour their cash into risk assets, according to a new report. New figures show the amount of capital sitting on the sidelines in money market funds is at a fresh record high, reports Reuters. Money market funds allow people […]
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Crypto ETFs Make Waves: $452M in Inflows Push Bitcoin and Ether to New Heights
Crypto All-Stars $15M ICO Ends Next Week – New Meme Coin Gem?
Prison Time Looms for Bitcoin Trader—Justice or Crypto Clampdown?
Crypto Investors HODLing Solana in Anticipation of Higher SOL Prices, According to Analytics Firm
New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise. In a new thread on the social media platform X, Glassnode says that long-term holders now own a significant supply of SOL, believing that Solana’s bullish phase is far from […]
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LTC and BCH Maintains Bullish Sentiment Despite Retracement, Lunex Network Reaches New ATH
Digital Chamber CEO Perianne Boring Suggests Bitcoin (BTC) Could Skyrocket to $800,000 Next Year – Here’s Why
The founder and chief executive of the crypto advocacy group The Digital Chamber has a big Bitcoin (BTC) price prediction for 2025. Crypto lobbyist Perianne Boring tells Fox Business in a new interview that President-elect Donald Trump’s future approach to the sector could send BTC skyrocketing close to $1 million. “The stock-to-flow model says it’s going […]
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Senators to vote on SEC Commissioner Crenshaw’s renomination next Wednesday after postponement
The delay in Crenshaw’s renomination vote could shift SEC dynamics, impacting crypto regulation and potentially leading to single-party control.
The post Senators to vote on SEC Commissioner Crenshaw’s renomination next Wednesday after postponement appeared first on Crypto Briefing.
Radiant Capital Hack: How Hackers Used a PDF to Steal $50 Million
Wrapped Bitcoin Custodian BiT Global Sues Coinbase After November WBTC Delisting
New court documents show that BiT Global, a custodian of Wrapped Bitcoin (wBTC), is suing Coinbase after the top US-based crypto exchange delisted wBTC in November. In a new complaint, BiT Global accuses Coinbase of using wBTC – the tokenized representation of Bitcoin (BTC) on the Ethereum (ETH) blockchain – as a “cash grab” before […]
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OKX and Gate Wallet Communities in Battle for the Bluwhale Node Challenge
December 12, 2024 – San Francisco, California In a first-of-its-kind contest, the exchange that is fastest to sell 1,000 nodes will be awarded 1,000 free nodes to share with its community. Bluwhale, an AI Web 3.0 start-up, today announces an innovative competition on its platform between two of the biggest and fastest-growing exchange wallet teams […]
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Big Data Expert: Current AI Regulations Hinder Progress, David Sacks Appointment a Positive Step
Atkins and Sacks: Pioneers of Crypto Regulation?
Bitcoin may ‘pump then rotate back’ if US strategic reserve gets approved
A crypto analyst warns that Bitcoin’s price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed.
A crypto analyst has warned that if approved, Senator Lummis’ proposal for the United States government to acquire 5% of Bitcoin’s supply could cause increased price volatility in the short term.
“I expect it to be pretty volatile, especially if the strategic Bitcoin reserve gets approved; I think Bitcoin will pump then rotate back,” Collective Shift founder Ben Simpson told Cointelegraph.
Cointelegraph recently reported that after Trump’s winning the presidential election on Nov. 5, Wyoming Senator Cynthia Lummis — a Trump supporter, Republican and crypto advocate — said she would move forward with legislation for the US government to buy 1 million Bitcoin (BTC) and hold it for at least 20 years.
Nasdaq announces MicroStrategy’s inclusion in Nasdaq-100, what’s next?
MicroStrategy’s Nasdaq-100 inclusion may boost its stock price and market visibility, offering investors indirect Bitcoin exposure.
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US Senator: New Treasury Secretary Will Champion Digital Assets
Michael Saylor’s MicroStrategy enters Nasdaq 100
Nasdaq has announced that Michael Saylor’s MicroStrategy will be added to the Nasdaq-100 index.
Nasdaq has announced that Michael Saylor’s company, MicroStrategy, will have its stock (MSTR) added to the Nasdaq-100 Index, as of Dec. 23.
MicroStrategy is one of three companies to be added to the index alongside Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON), according to a Dec. 13 statement published by Nasdaq.
Meanwhile, Nasdaq said that Illumina, Inc. (ILMN), Super Micro Computer, Inc. (SMCI), and Moderna, Inc. (MRNA) will be removed from the index.
Microstrategy Stock Soars as Bitcoin Outshines Real Estate, Gold, Bonds
Crypto Council for Innovation CEO Sheila Warren steps down
Sheila Warren, CEO of the crypto advocacy group Crypto Council for Innovation, announced her decision to step down just a month before the Trump administration takes office.
Sheila Warren has stepped down from her role as CEO of the Crypto Council for Innovation (CCI) just a month before Donald Trump’s United States presidential term begins.
“I am filled with mixed emotions as I share that I will be stepping down as the inaugural CEO of @crypto_council in January,” Warren said in a Dec. 13 X post.
The crypto advocacy group’s chief legal officer, Ji Kim, will transition into an acting CEO role, while Warren — who has held the role for three years — said she will remain involved as Senior Global Policy Officer to “provide support.”
JPMorgan Chase Refuses To Reimburse Customer After $7,000 Abruptly Drained From Bank Account: Report
A JPMorgan Chase customer says the bank has refused to reimburse him for more than a year after $7,000 was suddenly drained from his account. Grant Holihan says he believes his Chase debit card information was skimmed at an ATM that he used in Queens, reports CBS New York. Soon after he left the ATM, […]
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Whales Accumulate Bitcoin, Dogecoin, Cardano and One Other Altcoin Amid Brief Market Dip This Week, Says Analyst
A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week’s market dip. In a new thread on the social media platform X, crypto strategist Ali Martinez tells his 98,300 followers that deep-pocketed investors have loaded up on smart contract […]
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