Financial firms, ranging from banks to cryptocurrency exchanges, are urged by a U.S. body that battles financial fraud to share consumer data to catch wrongdoers. A fact sheet was released Thursday by the Financial Crimes Enforcement Network (FinCEN), a Treasury…
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Five Possible Reasons for Bitcoins New Major High
Bitcoin, on the 30th of November 2020, hit a significant high. Bitcoin, the oldest and largest form of cryptocurrency, rose with a 170%rate standing at $12,864, an all-time high that has left the whole world eager to know how this…
Blockchain Research Advisor being Considered for a Key Position in Biden Administration
With less than two months till his inauguration, Joe Biden is considering the former chairman of the commodity Futures Trading Commission for a permanent position in his administration. A CNBC Nov 5 report says that the president-elect has floated Gary…
Trump Wanted to Fire Bitcoin!
Former national security advisor John Bolton revealed that Trump wanted regulations in place against Bitcoin. Trump has been vocal before on twitter about his disapproval of Bitcoin, wanting regulators to stop or slow down crypto’s disruption of the financial sector.…
Brazil’s Central Bank Introduces Almost Instant Payment System in Response to Crypto
A new almost instant payment system is coming to Brazil in response to cryptocurrency and Blockchain technology. The new system known as PIX, is a creation of the country’s Central Bank and is being promoted as a 24/7 system that…
Secretary Mnuchin: Libra Backers Dropped out because of Libra’s Non-compliance
Steven Mnuchin speculated on what may have caused the latest blow to Facebook Libra’s ambitions. The proposed digital currency saw more of its corporate backers withdraw support, in what is being seen as a major setback. This came just weeks…
A prominent economist and Wall Street veteran recommends Bitcoin hedge as a strategy against a global economic slowdown
Raoul Pal, a prominent economist and Wall Street veteran who was with Goldman Sachs earlier has recommend Bitcoin hedge as a strategy against the impending global economic slowdown.
Circle CEO: Bitcoin price will Go Past $10,000 by June 21st
Circle CEO Jeremy Allaire believes that the price of Bitcoin will go north of $10,000 by June 21, which will mark the dawn of what he calls the “Crypto summer”. He points to Facebook’s Libra launch as the catalyst that…
Bitcoin Mining Grandmother locked up in China
A 61 year old Chinese grandmother will go behind bars for 4 months for stealing electricity while mining Bitcoin. On top of the sentence, the elderly Bitcoin enthusiast Qiuping Tang will also pay a fine of 10,000 Yuan ($1,500) for…
Visa Fintech is Building a Crypto Team, announce Key Job Opening
It appears that Citigroup, the third largest bank in the US, has dropped plans of launching their own crypto which was to be known as “citicoin” It came out in July of 2015 through the international Business Times (IBTimes) that…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
