XRP price fell over 14% year-to-date pressured by Ripple’s ongoing legal battle with the SEC so a bounce is in order, analysis suggests. Source: https://cointelegraph.com/news/did-xrp-price-just-bottom-against-bitcoin
Month: May 2024
Trump Defeating Biden Would Be Good for Bitcoin: Standard Chartered
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Donald Trump used to be anti-crypto. But if he wins in November and becomes United States President for a second term, Bitcoin could benefit, according to British…
New South Korean leadership will press for BTC ETF trading
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another. Source: https://cointelegraph.com/news/democratic-party-south-korea-spot-bitcoin-etfs-fsc
Bitcoin Fan Jack Dorsey Takes Kendrick Lamar’s Side in Drake Beef
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Twitter co-founder and Bitcoin champion Jack Dorsey appears to have found his next cause: backing rap superstar Kendrick Lamar’s ongoing and relentless lyrical crusade against hip-hop…
Cartier Family Member Indicted for Using USDT to Launder Hundreds of Millions in Drug Trafficking Money
Maximilien De Hoop Cartier, a descendant of the family famous for their French luxury goods Cartier, has been indicted for his participation in a network that allegedly used several shell companies to launder drug trafficking money proceeds using USDT. Cartier and five Colombian individuals allegedly conspired to directly launder $14.5 million and used these shell […] Source: https://news.bitcoin.com/cartier-family-member-indicted-for-using-usdt-to-launder-hundreds-of-millions-in-drug-trafficking-money/
Gary Gensler Says It’s Our Fault the SEC Appears So Focused on Crypto
The U.S. Securities and Exchange Commission’s crypto industry crackdown is continuing apace, with Robinhood Crypto this week joining the growing pack of companies that have been served notice of impending enforcement action by the SEC. Gary Gensler, the SEC Chair himself, wouldn’t get into details on the Robinhood case or others when appearing on CNBC’s “Squawk Box” Tuesday morning, but…
KBW Predicts Robinhood Could Prevail in SEC Legal Battle
Robinhood (NASDAQ:HOOD) recently received a Wells Notice from the Securities and Exchange Commission, which was unexpected given the company’s conservative approach to cryptocurrency listings, according to a KBW research report released on Monday. KBW highlighted that Robinhood offers a relatively modest selection of fifteen cryptocurrencies on its U.S. platform, in contrast to some competitors who list over two hundred digital…
Crypto must adapt to laws, not the other way around — John Reed Stark
Former SEC official John Reed Stark has criticized the misuse of “regulation by enforcement” claims in a hearing before U.S. Congress. Source: https://cointelegraph.com/news/crypto-must-adapt-laws-not-other-way-around-john-reed-stark
Robinhood CEO Decries ‘Regulatory Onslaught’ on Crypto, Vows to Fight SEC
Robinhood CEO Vlad Tenev has become Wall Street’s latest power player to blast a wave of enforcement action notices from the Securities and Exchange Commission (SEC). The retail trading platform disclosed Friday that it had received a Wells Notice from the SEC. Put on notice that an enforcement action could be coming, Robinhood Crypto said the agency had previously scrutinized…
Bitcoin ETFs Take In $217 Million for Second Consecutive Day of Net Gains
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin exchange-traded fund (ETF) fever is back? It looks like it. After a sluggish few weeks of outflows, investors are back chucking cash at the products.…