Bitcoin has jumped 4.3% as future traders skew toward long positions ahead of Donald Trump’s speech at the Bitcoin Conference. Source: https://cointelegraph.com/news/bitcoin-price-rebounds-united-states-donald-trump-conference-nashville-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: July 2024
Bitcoin, Ethereum Regain Footing Even as Demand for ETFs Sour
The crypto market fended off further losses on Thursday, with large-cap coins Bitcoin and Ethereum regaining price milestones seen during the beginning of the week. Over 24 hours, Bitcoin has risen 4.5% to just below $67,000, while Ethereum has clinched a 2.1% gain to $3,250, data from CoinGecko shows. Crypto dived late Wednesday evening amid a flurry of liquidations following…
Washington Regulator Warns of Miami Equity Fund 005 Crypto Fraud
The Washington State Department of Financial Institutions (DFI), Securities Division, has warned about crypto investment fraud following a complaint from a resident regarding their investment in the Miami Foundation Equity Fund 005 (or Miami Equity Fund Institute 005). The investor had deposited funds on the now-inaccessible Vims.one platform through a Whatsapp group led by “Mark” […] Source: https://news.bitcoin.com/washington-regulator-warns-of-miami-equity-fund-005-crypto-fraud/
Coinbase adds former Bill Clinton aide, Supreme Court lawyer to board
Two of the new Coinbase directors have previously served under US presidents, while the other has extensive experience in the management consulting industry. Source: https://cointelegraph.com/news/coinbase-adds-former-bill-clinton-aide-supreme-court-lawyer-to-board?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Foreign crypto miners could be spying on US bases: Elizabeth Warren
Senator Warren has lambasted foreign-owned crypto miners in the country, saying they’re loud, hot, and “suck up a ton of electricity, which can crash the power grid.” Source: https://cointelegraph.com/news/foreign-crypto-miners-could-be-spying-us-military-bases-elizabeth-warren?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US senator withdraws support for Elizabeth Warren’s anti-crypto bill
Republican Senator Roger Marshall has withdrawn as a cosponsor for an anti-crypto bill he co-created with Senator Elizabeth Warren in 2022. Source: https://cointelegraph.com/news/senator-marshall-withdraw-support-elizabeth-warren-daamla-anti-crypto-bill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hive Announces Plans to Move Into Paraguay Amidst Bitcoin Mining Power Hike Turmoil
Hive Digital, a public green bitcoin mining company, announced plans to build a 100MW site in Paraguay, having connected with President Santiago Peña and his cabinet. Hive stated that stability in government fiscal policies, such as energy pricing and taxation, will be a key factor in the expansion and completion of these plans, likely referring […] Source: https://news.bitcoin.com/hive-announces-plans-to-move-into-paraguay-amidst-bitcoin-mining-power-hike-turmoil/
ETH ETFs launched in ‘weak market’ and could pressure Bitcoin: Analyst
Spot Ether ETFs came during a weak market and could tempt investors to diversify, putting Bitcoin’s price at risk, says Capriole Investments founder Charles Edwards. Source: https://cointelegraph.com/news/spot-ethereum-etfs-risks-taking-capital-away-from-bitcoin-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Celebrity Meme Coins Tank Following June Debut as Interest Fades
A handful of celebrity meme coins based on the Solana blockchain have seen their values plummet following their initial debut last month as community hype around the sector cools. Some celebrities involved have stepped back from promoting the coins on social media, raising questions over whether they were a genuine play or an easy cash grab. The list of celebrities…
Russia-Linked Banknotes Blamed for Libyan Dinar Plunge
The Libyan dinar’s recent devaluation has been blamed on a flood of illicit banknotes exchanged for U.S. dollars. A report identified the Russian state money printer as a potential source of the banknotes, which the Central Bank of Libya has labelled counterfeit. Russia Linked to Illicit Libyan Banknotes A June 24 Reuters report said the […] Source: https://news.bitcoin.com/russia-linked-banknotes-blamed-for-libyan-dinar-plunge/