Sustained outperformance may hinge on whether US President-elect Donald Trump implements pro-crypto policies once he takes office on Jan. 20. Source: https://cointelegraph.com/news/analysts-bitcoin-rally-bullish-cpi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Bitmex Settles for $100M in Money-Laundering Case After DOJ Allegedly Demanded $420M
Bitmex has been ordered to pay a $100 million fine after a protracted legal battle stemming from violations of U.S. money-laundering regulations. Bitmex Hit with Additional $100 Million Fine Over Bank Secrecy Act Breach In July 2024, HDR Global Trading Limited, the operator behind the Bitmex exchange, admitted guilt in contravening the U.S. Bank Secrecy […] Source: https://news.bitcoin.com/bitmex-settles-for-100m-in-money-laundering-case-after-doj-allegedly-demanded-420m/
‘Doom’ Runs on Bitcoin, Dogecoin and ChatGPT—And Now in PDFs Too
It’s become a meme to find out whether classic video game Doom can be played on nearly any kind of device or platform—and a popular file format is the latest in this long line. Crypto bros have gotten the seminal shooter running on Bitcoin as well as Dogecoin via its NFT-like protocols, respectively named Ordinals and Doginals, while students from…
Ex-Takeout Driver Ordered to Repay $3.8 Million After Bitcoin Money Laundering Conviction
Jian Wen, a former U.K. takeaway worker convicted of money laundering Bitcoin, must pay over $3.78 million (£3.1 million) or risk serving an additional seven years in prison. The order comes as part of a Confiscation Order following a money laundering conviction. Wen, 42, was previously sentenced to six years and eight months in prison at Southwark Crown Court after…
Bitcoin ‘power of 3’ setup targets $103K by President-elect Trump’s inauguration day
A “power of 3” pattern popped up on Bitcoin’s chart, suggesting that prices above $100,000 will occur before President-elect Trump takes office. Source: https://cointelegraph.com/news/bitcoin-power-of-3-setup-targets-103-k-by-president-elect-trump-s-inauguration-day?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NFT’s worst year since 2020, CryptoPunks pump 13%: Nifty Newsletter
NFT trading plummeted in 2024, falling 19% in volume and 18% in sales, with prices and volatility on the rise. Source: https://cointelegraph.com/news/nft-s-worst-year-since-2020-crypto-punks-pump-13-nifty-newsletter-jan-8-15?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana DeFi Exchange Jupiter Launches Rewards Checker Ahead of $575 Million Airdrop
Jupiter, the Solana-based decentralized exchange aggregator, launched an airdrop checker allowing users of its products to view their eligibility ahead of the upcoming “Jupuary” airdrop. Designed to “grow the pie” and bring more users into the Jupiter ecosystem, the Jupuary airdrop event will reward the community with 700 million JUP tokens, more than $575 million worth at current prices. The…
Report: Tether Sues Swan Bitcoin Amid Claims of Secret Meetings and Broken Agreements
A report reveals that Tether, the world’s leading stablecoin issuer, has reportedly initiated legal action against the bitcoin-focused firm Swan Bitcoin. Proceedings are said to have been filed in the High Court of England and Wales, marking the latest development in this unfolding dispute. Report Says Tether Has Filed a Lawsuit Against Swan Bitcoin in […] Source: https://news.bitcoin.com/report-tether-sues-swan-bitcoin-amid-claims-of-secret-meetings-and-broken-agreements/
Crypto Exchange BitMEX Hit With $100 Million Fine for US Money-Laundering Violations
BitMEX was hit with a $100 million fine Wednesday by Manhattan federal judge Judge John G. Koeltl—the latest verdict against the cryptocurrency exchange in the years-long saga over money-laundering violations in the United States. The exchange’s attorneys had argued that an earlier $110 million fine and previous guilty pleas were sufficient punishment for the violations that took place between 2015…
Judge orders BitMEX to pay $100M fine over US banking law violations
BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act. Source: https://cointelegraph.com/news/judge-bitmex-fine-bank-secrecy-act-violations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound