Bitcoin recently surged past the $44,000 mark, after months of trading within a narrow range below $42,000. Anthony Pompliano, a notable figure in the crypto space, analyzed the reasons behind this surge. Which he attributes to the increased market demand,…
Raoul Pal 2024 Bitcoin Projections: Bullish scenarios and insights on Ethereum & Solana. Expect a surge in crypto
Raoul Pal, a prominent figure in the financial world, is eagerly eyeing the 2024 crypto bull market. His optimistic outlook revolves around the potential for substantial gains in Bitcoin and the entire digital assets sphere. Pal, a former Goldman Sachs…
Bitcoin Expectations in 2024: Insights from Mark Yusko
Bitcoin Rally and ETF Speculations Mark Yusko, a known figure in the cryptocurrency industry, reflects on Bitcoin’s recent surge. While the anticipation of Exchange-Traded Fund (ETF) approvals in 2024 may contribute, Yusko notes that this year’s rise wasn’t solely influenced…
Tether and Bitfinex Agreement: Sharing Information Under FOIL Request
Tether and Bitfinex Settle Dispute Tether and Bitfinex have reached a settlement concerning a Freedom of Information Law (FOIL) request initiated by a group of journalists, including Zeke Faux from Bloomberg Businessweek. The recent announcement made by Tether celebrated the…
US Seizes Sinbad Crypto Mixer Linked to North Korean Hackers
The U.S. Department of the Treasury has taken a bold step, in sanctioning the Sinbad cryptocurrency mixing service. It stands accused aiding North Korean Lazarus hackers in laundering funds obtained through massive crypto heists. Understanding Sinbad: The Crypto Mixer in…
Bitcoin Resurgence: Breaking Through $38,000 and the Road to $40,000
Bitcoin (BTC), the top cryptocurrency globally, has surged past the $38,000 level, a significant leap since May 2022. This huge breakthrough has rejuvenated hope and enthusiasm among both investors and analysts. As the market revels in this bullish surge, the…
Sam Bankman-Fried Case: Tax Implications and Conviction
Understanding Sam Bankman-Fried Conviction and Its Impact on Tax Implications. On November 2, 2023, Sam Bankman-Fried (SBF) faced a conviction on all counts in his criminal trial in the Southern District of New York. The charges included wire fraud, securities…
Australian Regulator’s Cryptocurrency Warning and Increased Vigilance
The Australian Securities and Investments Commission (ASIC) recently heightened its scrutiny of the cryptocurrency market, issuing fresh warnings regarding the risks associated with digital assets. The regulator’s chair, Joseph Longo, cautioned against investing in cryptocurrencies, labeling them as assets “created…
European Banking Authority Pushes for Stricter Anti-Money Laundering Rules in Crypto Sector
The European Banking Authority (EBA) has set its sights on revamping the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) rules for cryptocurrency providers. The motive behind this initiative, outlined in a consultation paper revealed on November 24. To…
Brian Kelly’s Vision: Navigating Crypto’s Bull Run and Insights into Bitcoin’s Future
Brian Kelly, founder and CEO of BKCM LLC, is an important figure in the world of virtual currencies. Kelly’s journey into Bitcoin began in 2013. Initially drawn by the allure of quick gains. He was later opportune to learn the…