Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash and cryptocurrencies. Operation Dark Huntor: 150 Arrests, Crypto …
Yearly archives: 2021
Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets
A group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going to develop outside of the banks … The …
Shiba Inu Marketcap now higher than Deutsche Bank
The Shiba Inu price broke out above $0.00008 this week, a new all time high for the fan favorite meme cryptocurrency. On Coinmarketcap.com it has entered the top #10 ranked coins by marketcap, currently ranked 9th with a market capitalization (total value of all coins) of just under $40 billion. That’s a higher marketcap than …
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Ethereum Price Prediction: ETH/USD Trade Intensifies Correction at $4,000
Trade Intensifies Correction at $4,000– October 27There have been long-term signs that the ETH/USD trade intensifies correction around the level of $4,000 as the crypto economy experiences trading at a negation percentage rate of 2.28. Currently, the market is at around $4,036 in operations. Trade Intensifies Correction at $4,000: ETH MarketKey Levels:Resistance levels: $4,500, $4,750, …
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Citi’s Analysts Speculates Coinbase Stock will reach $415
Citi, a financial services multinational firm, has stated that it is highly bullish about Coinbase’s stock price. An analyst with Citi, Peter Christiansen, urged investors to purchase ‘crypto’s general store.” According to the analyst, the Coinbase stock had the potential to reach $415. By the market’s close on Wednesday, the stock was trading at around …
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DeFi Market Makes a Comeback as TVL Soars Past $236 Billion
Decentralized finance (DeFi) started seeing a major uptrend this year following the increased popularity of crypto lending and borrowing services. The boom of DeFi has been good news for networks that support DeFi projects. For the longest time, Ethereum has been taking the dominant position in being the network that DeFi developers most prefer. However, …
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Kryll (KRL), LCX (LCX) SUKU (SUKU) and OriginTrail (TRAC) are launching on Coinbase Pro
Starting Today, Wednesday October 27, transfer KRL, LCX, SUKU and TRAC into your Coinbase Pro account ahead of trading. Support for KRL, LCX, SUKU and TRAC will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page . Coinbase intends to maintain its investment in these entities for the …
Robinhood’s Crypto Activity Drops 78%, Stock Tanks Below IPO
Robinhood had a net loss of $1.32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34.80 at 9:46 a.m. in New York, $38 below the IPO price in late July, Bloomberg reported. Robinhood Markets Inc. shares down to $34.80 on the daily …
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Bitcoin Exchange Balances Decline To Three-Year Low Amid Rising Prices
Bitcoin exchange balances have been on the decline since the bull rally began. The volumes were expected to go up once the digital asset had hit a new all-time high in October. However, this was not the case. Previous trends have often pointed to exchange balances seeing an increase in bull markets when investors moved …
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XRP Builds Momentum With 7% Increase As Ripple Launches New ODL Partnership
XRP has been soaring in the monthly chart with a 7.2% profit as Ripple continues to expand its corridors worldwide. As of press time, the seventh crypto by market cap trades at $1,01 and records a 10.3% correction in the daily chart. XRP correcting in the daily chart. Source: XRPUSDT Tradingview XRP seems to be …
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Greed Spikes To Seven-Month High Alongside Record Crypto Prices
Data shows greed in the crypto market has spiked to seven-month highs as coins record new all-time highs (ATHs). Crypto Fear And Greed Index Points At Extreme Greed As per the latest weekly report from Arcane Research, the fear and greed index has recorded seven-month highs as the needle points at extreme greed. The “fear …
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Time To Cash In? SHIB Soars 40% And Snatches DOGE Position In Top 10
Switching positions in the crypto top 10 during the past 24 hours, Shiba Inu (SHIB) has finally taken Dogecoin (DOGE) position as one of the largest cryptocurrencies by market cap. Related Reading | Shiba Inu (SHIB) Jumps 50% To ATH Amid Robinhood Rumors As of press time, SHIB trades at $ 0,000068 with a 44% …
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El Salvador buys a smokin’ hot 420 more Bitcoin
The President of El Salvador, Nayib Bukele tweeted earlier today that his government has taken advantage of the recent Bitcoin price drop and added 420 additional BTC to the nation’s stash. “It was a long wait, but worth it,” he tweeted, “We just bought the dip!” Shortly after he tweeted: “We’re already making a profit …
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Someone bought $3,400 worth of SHIB last August. It’s now worth $1.55 billion
An address with the foresight to purchase $3,400 worth of Shiba Inu (SHIB) last August has seen the value of the coins grow to a whopping $1.55 billion today. In total the unknown person has bought SHIB 44 times since August 2020 — with $3200 the largest purchase at any one time — and their …
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Here’s why analysts say Bitcoin ETFs may ‘completely change the structure of the market’
After reaching new all-time highs it’s customary for Bitcoin (BTC) price see a bit of cooling off in the form of profit taking, consolidation and uncertainty from traders who are cautious about opening new positions at record highs. This appears to be exactly what is occuring this week as Bitcoin price struggles to hold the $60,000 …