The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East. Source: https://cointelegraph.com/news/bitcoin-safe-haven-status-questioned-amid-middle-east-conflict?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Australia’s ‘Operation Kraken’ Seizes $6.4 Million in Crypto Linked to Global Crime
The Australian Federal Police said Tuesday it has seized $6.4 million in crypto as part of an investigation targeting the alleged mastermind behind Ghost, an encrypted communication app used by organized crime syndicates. The 32-year-old suspect, Jay Je Yoon Jung, from New South Wales, was arrested on Sept. 17 under “Operation Kraken” and now faces multiple charges, including supporting a…
Robert Kiyosaki Shares Strange Investment Pitch, Urges Caution Who You Trust for Investing Advice
Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it is Jesus.” Kiyosaki’s Take on a Strange Investment Pitch Robert Kiyosaki, financial educator […] Source: https://news.bitcoin.com/robert-kiyosaki-shares-strange-investment-pitch-urges-caution-who-you-trust-for-investing-advice/
Has the crypto market bottomed? Look out for these 5 keywords
Is the crypto market primed to rebound? Santiment believes several words uttered on social media could hold the answer. Source: https://cointelegraph.com/news/5-keywords-traders-should-monitor-that-signal-fomo-fud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto group COPA launches bid to stop blockchain ‘patent trolls’
The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation. Source: https://cointelegraph.com/news/copa-launch-campaign-fight-blockchain-patent-trolls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cleanspark CEO Predicts Bitcoin $200K Peak Within 18 Months
Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin’s value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin’s current price behavior and broader market dynamics. He also links the U.S. presidential election to potential price surges, while emphasizing the advantages of […] Source: https://news.bitcoin.com/cleanspark-ceo-predicts-bitcoin-200k-peak-within-18-months/
Proton says Swan Bitcoin lawsuit is ‘fatally flawed,' seeks dismissal
The ex-Swan employees at Proton Management said Swan Bitcoin’s mining lawsuit is baseless because 2040 Energy operated as a “separate entity.” Source: https://cointelegraph.com/news/proton-says-didnt-steal-swan-bitcoins-mining-firm-motion-to-dismiss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Robinhood Crypto Launches Crypto Transfers for European Users
Robinhood Crypto has introduced a major new feature for European users, allowing them to deposit and withdraw over 20 different cryptocurrencies. The new crypto transfer service includes a limited-time 1% deposit match. With this launch, the platform also reinforces its focus on self-custody, security, and decentralized finance (defi) accessibility. Robinhood Crypto Rolls Out Crypto Transfers […] Source: https://news.bitcoin.com/robinhood-crypto-launches-crypto-transfers-for-european-users/
Asset Management Firm Bitwise Files for Spot XRP ETF
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP […] Source: https://news.bitcoin.com/asset-management-firm-bitwise-files-for-spot-xrp-etf/
Nigeria Unveils Oil-for-Naira Program to Stabilize Local Currency
Nigeria began selling crude oil to billionaire Aliko Dangote’s new refinery in naira on October 1st. This “oil for naira” scheme aims to ease pressure on the struggling Nigerian currency, the naira, which has lost significant value this year. However, the success of the scheme is uncertain. While Nigerians hope it will reduce fuel prices, […] Source: https://news.bitcoin.com/nigeria-unveils-oil-for-naira-program-to-stabilize-local-currency/