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Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud Bust

Binance Helps Indonesian Authorities Recover Funds in Crypto Fraud BustCrypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange Binance announced […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock Correlation

Blackrock’s Head of Crypto Sees Bitcoin as ‘Risk Off’ Asset Despite Stock CorrelationBlackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart. Blackrock’s increasing engagement with bitcoin is also reflected in the strong performance of […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Lawmakers Question SEC Over Disruptive Crypto Custody Rules

Lawmakers Question SEC Over Disruptive Crypto Custody RulesCongressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question whether the SEC acted prematurely, potentially jeopardizing efforts to safeguard digital assets through coordinated agency work. They demand more transparency on the SEC’s actions and […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’

Kamala Harris Pledges to Support Digital Assets — ‘We Will Cut Needless Bureaucracy’Vice President Kamala Harris has pledged to support innovative technologies like artificial intelligence and digital assets while ensuring consumer and investor protection. Her remarks, highlighting AI and cryptocurrency as key aspects of her economic vision, marked her first direct statement on cryptocurrency as the Democratic nominee. Kamala Harris Backs AI and Cryptocurrency at Major Fundraiser […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the ChartsOver the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like WBTC. With roughly 100 days remaining in 2024 after the launch of spot bitcoin ETFs in January, this analysis dives into the top ten entities […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

Fed’s 50bps Reduction Triggers 1M in Digital Asset Inflows, Coinshares ReportsDigital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of Humanity

Nayib Bukele and Elon Musk Discuss AI, Robotics, and Future of HumanityEl Salvador’s President Nayib Bukele met with Tesla and Spacex CEO Elon Musk at the Texas Gigafactory, discussing AI, robotics, and humanity’s future. The two exchanged views on innovation, and Musk praised Bukele’s leadership. Their conversation emphasized how cutting-edge technologies could shape global progress, aligning with El Salvador’s forward-thinking stance. Bukele and Musk Discuss AI, […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for Crypto

Nigerian Entrepreneur: Recent Regulatory Moves Signal Support for CryptoWhile Nigerian authorities have generally been perceived as having an anti-crypto stance, recent developments on the regulatory front suggest a shift toward supporting crypto businesses. Buchi Okoro, CEO of the digital asset exchange Quidax, which recently obtained an operating license, believes these developments could lead to broader adoption of crypto assets in Nigeria. Quidax Wins […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Bingx Resumes ‘Mainstream’ Asset Withdrawals 24 Hours After Hack

Bingx Resumes ‘Mainstream’ Asset Withdrawals 24 Hours After HackBingx said it has resumed withdrawals for “mainstream” cryptocurrencies including bitcoin, tether and ethereum among others. However, the exchange has warned of potential delays due to security reviews. The crypto exchange said it will gradually restore withdrawal services for other cryptocurrencies but has canceled pending requests. The exchange’s chief product officer expressed concern about the […]

Bitcoin analysts explain why BTC could avoid a drop under $90K

Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud

Court Orders New York Man to Pay M for Forex, Digital Asset FraudWilliam Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial documents and misusing investor funds for personal luxuries like cars and jewelry. In addition to financial penalties, Ichioka faces prison time. The Commodity Futures Trading […]

Bitcoin analysts explain why BTC could avoid a drop under $90K