The U.S. has launched the National Cryptocurrency Enforcement Team, an initiative of the Department of Justice (DOJ), to tackle and prosecute “criminal misuses of cryptocurrency, particularly crimes committed by virtual currency exchanges, mixing and tumbling services, and money laundering.” U.S. Deputy Attorney General Lisa Monaco said, “The point is to protect consumers.” DOJ’s New Crypto …
Monthly archives: October 2021
New Zealand’s Easy Crypto raises $11.75M, eyes stock market float
New Zealand-based crypto exchange Easy Crypto has raised $11.75 million (NZD $17 million) in Series A funding, as the firm eyes a potential initial public offering (IPO) in the future. The round was led by venture capital fund Nuance Connected Capital. According to an Oct.6 announcement from Easy Crypto, the NZD 17 million figure “seemed …
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Function X (FX), Jasmy (JASMY), tBTC (TBTC) and Wrapped Centrifuge (WCFG) are launching on Coinbase…
Function X (FX), Jasmy (JASMY), tBTC (TBTC) and Wrapped Centrifuge (WCFG) are launching on Coinbase Pro Starting Today, Wednesday October 6, transfer FX, JASMY, TBTC and WCFG into your Coinbase Pro account ahead of trading. Support for FX, JASMY, TBTC and WCFG will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in …
Bank Of America’s Crypto Report: All You Need To Know
Bank of America released their latest crypto report this week, as Bitcoin returns north of $50K. BofA strategists Alkesh Shah and Andrew Moss described the crypto market as “too large to ignore” and that “there could be more opportunity than skeptics expect.” Let’s take a bird’s eye view on key findings from the 140+ page …
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Cardano Investors In Japan Come Under Fire For $6 Million In Underreported Taxes
Cardano investors in Japan have come under scrutiny after authorities reported that investors in the asset had underreported their taxes from their trading activities. It was reported that multiple cities in the country had seen profits from trading in Cardano’s native token ADA but had not reported the earnings made from investing in the digital …
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How 90-Year Old Market Wizardry Predicted The Bitcoin Breakout
Bitcoin price has erupted to more than $55,000, clearing any downtrend resistance and potentially signaling that the bull run is back on. The move might have taken bears by surprise, however, the blueprint for what happened was created around 90 years ago. Here is a history lesson on Richard Wyckoff, Wyckoff theory, and how the …
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Does Surging Crypto Market Greed Point To Another Bitcoin Correction?
Data shows greed in the crypto market is on the rise, a signal that another Bitcoin correction could be coming soon. Fear And Greed Meter Says Crypto Market Has Turned Greedy As per the latest report from Arcane Research, the fear and greed meter has started pointing towards greed after showing fear for the past …
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Bitcoin Inflows Shows Institutional Investors Are Back On The Bull Train
Bitcoin recovered above $50K on Tuesday following a rallying that pulled the market back into the green. October has so far been good for the digital asset and investors have begun to return again into the market amid recovering prices. On the investment front, inflows show that institutional interest in bitcoin is returning after inflows …
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Real Vision’s Raoul Pal Says Crypto Will Spark the Largest Generation of Wealth in the Shortest Period of Time
Real Vision CEO and macro guru Raoul Pal thinks crypto’s overall market cap still has a gigantic amount of room to grow. Pal says in a new interview with Anthony Pompliano that the crypto market is growing at a faster rate than the internet did. ADVERTISEMENT “I’ve just got a chart of adoption of …
$6,000,000,000 Hedge Fund Boss Hints at Bitcoin Holdings, Says Bitcoin Officially Mainstream
The top executive of a hedge fund owned by famed billionaire George Soros says that Bitcoin (BTC) has turned a crucial corner and burst into the mainstream. In a new interview with Bloomberg Live, Soros Fund Management CEO Dawn Fitzpatrick says that both the digital asset market cap and user count are signals that crypto …
Here’s How Ethereum Can Ignite a 730% Rally From Here, According to Crypto Analyst Justin Bennett
Crypto investor and analyst Justin Bennett is plotting a bullish “what if” scenario that sees Ethereum exploding over 700% in the coming months. The analyst shares a chart with his 72,000 followers that depicts ETH trading in a huge ascending channel that began in March of 2020. ADVERTISEMENT “$ETH, what if?” Source: Justin Bennett/Twitter …
Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale
EOS (EOS) began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has what it takes to turn around after Daniel Larimer, CTO of the development company behind EOS, resigned in …
NFT fever returns as sales surge to $10.7 billion on Ethereum, Solana, and other blockchains
Sales volumes of non-fungible tokens (NFTs) surged to $10.7 billion in the third quarter of 2021, according to DappRadar’s latest blockchain industry report. The popular data acquisition and analysis company noted that the third-quarter figure increased 704% from the previous three-month period, as the play-to-earn (P2E) movement evolved into one of the key drivers behind …
Polkastarter announces 2.0, brings staking, IDO farming, easy allocations, and multichain support
Polkastarter’s V2 update went live earlier this week on October 4, bringing with it a host of new changes and enhancements to benefit the broader Polkadot community. The platform connects young projects with early community members through initial decentralized offerings (IDOs), creating a fair, token-based, and accessible environment for both developers to raise capital and …
Chainlink (LINK) tech is bringing South America its first stablecoin
FinTech firm Spartan Hill has announced it is integrating Chainlink Price Feeds to help power a new decentralized Colombian Peso stablecoin called Daily (DLY), CryptoSlate learned in a release. The team will sponsor and use a new Chainlink Price Feed for COP-USD to accurately and securely calculate the value of crypto collateral used to mint/burn …
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