The U.S. SEC charged three individuals that allegedly conducted insider trading related to the Long Blockchain company back in 2017. One of the individuals allegedly traded stocks ahead of the name change that gave the company a price boost. The other two individuals were tipped and took advantage of the data to trade accordingly, the …
Continue reading “SEC Charges 3 Individuals for Alleged Long Blockchain Insider Trading Scheme”
At the end of 2020, darknet markets (DNM) set new records as marketplaces like White House and the Russian-language DNM Hydra led the pack. A report published on May 25, shows Hydra saw a 624% year-over-year growth rate in three years, and researchers estimate roughly 75% of illicit DNM transactions stem from the Russian marketplace. …
The U.S. has sentenced a creator of video streaming and downloading websites to prison for 12 months and one day. The feds also seized $3.9 million from him, including more than $1 million in cryptocurrency. Man Sentenced to Jail for Copyright Infringement and Tax Evasion, His Cryptocurrency Seized The U.S. Department of Justice (DOJ) announced …
A recently formed cryptocurrency company with $10 billion in capitalization is gearing up to go public. Bullish Global, a subsidiary of blockchain software company Block.one, launched in May with $10 billion in funding from high-profile investors that include billionaire Peter Thiel’s Thiel Capital and Founders Fund, hedge fund manager Alan Howard, and crypto investment firm …
Continue reading “Cryptocurrency Firm With $10,000,000,000 in Funding Gearing Up To Go Public”
Senator Elizabeth Warren (D-MA) says that the lack of regulation in the cryptocurrency markets is ‘unsustainable’. The Massachusetts Democrat says in a letter to the Chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, that cryptocurrency exchanges should be regulated similarly to securities exchanges. ADVERTISEMENT “As the cryptocurrency markets continue to grow …
Crypto trader and influencer Lark Davis says he’s bullish on Bitcoin, Ethereum and one more large-cap altcoin. In a new video, Davis says that despite Bitcoin being 50% away from its all-time high of $64,804, his outlook on the flagship digital asset hasn’t faltered, and he remains bullish on the king crypto. ADVERTISEMENT “…my …
Bitcoin (BTC) price is still range-bound and traders are searching for signs that may provide insight about the next directional move. Philip Swift, the creator of analytics resource LookIntoBitcoin, pointed out on July 9 that the Puell Multiple rebounded “out of the green zone of this week” only for the fifth time in history. Swift …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT”
Crypto analytics firm Santiment is revealing some of the behavior of Bitcoin’s largest whales, and what it could mean for the market as it trades sideways. Santiment tells its 78,000 Twitter followers that Bitcoin’s biggest whales, or entities with more than 100,000 Bitcoin (BTC), now own 3.64% of the total supply, which is a 27-month …
Top crypto analyst and influencer Nicholas Merten is predicting when the Bitcoin bull market will top out. In a new video, Merten tells his 463,000 subscribers that when taking a look at previous Bitcoin bull markets, it does not appear that we are anywhere close to a top for the flagship cryptocurrency this cycle. “Eleven …
The United States Internal Revenue Service (IRS) stretches the tax rules to fit its cryptocurrency agenda. At no time in tax history has pure creation been a taxable event. Yet, the IRS seeks to tax new tokens as income at the time they are created. This is an infringement on traditional tax principles and problematic …
Continue reading “Crypto staking rewards and their unfair taxation in the US”
Bitcoin (BTC) price remained relatively flat over the weekend, inching closer to $34,000 on July 11. Nevertheless, BTC/USD has tumbled by almost 50% from its all-time high, near $65,000 in mid-April. But the massive downside move has not deterred investors from betting on the digital asset’s long-term bullish outlook. According to one of the Glassnode …
Continue reading “Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K”
Axie infinity is the top earning DeFi dApp. But what is it? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Gaming Axie Infinity sees highest protocol revenue in the last 30 days among DeFi Platforms, pushing ahead of competitors like PancakeSwap and MakerDAO. Ana …
Continue reading “Axie infinity is the top earning DeFi dApp. But what is it?”
China, which has arguably the most advanced digital currency project among leading nations, has so far handed out more than $40 million in red envelopes with digital yuan. The promotional campaign for the CBDC is currently focused on five major cities, taking into account their regional development priorities. Beijing Gives Away 269 Million Yuan in …
Following the infamous meme that shows one of the Bogdanoff twins on the phone telling whales to initiate a crypto-market dump, the Bogdanoff brothers now claim they took part in inventing the leading cryptocurrency bitcoin with Satoshi Nakamoto. During an interview hosted on L’Heure des Pros, the Bogdanoff twins said as mathematicians the two were …
A survey conducted among financial professionals has indicated that the industry wants Ukraine’s future digital currency to be used as a tool in the crypto space. The financial sector also favors a blockchain design for the e-hryvnia that would allow peer-to-peer transfers and fuel e-commerce. Financial Experts Define Potential Uses of Ukraine’s Digital Currency The …
