Cryptocurrency Market

  • Market Cap: $2,257,408,241,466.64
  • 24h Vol: $124,901,740,110.10
  • BTC Dominance: 56.43%

Cryptocurrency

bitwise-cio-makes-the-case-for-adding-ether-to-investment-portfolios

Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios

Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to “own the market,” different use cases than bitcoin, and historical analysis. Bitwise CIO Presents Three Reasons to […]

Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios Read More »

vietnamese-hackers-indicted-in-us-for-$71m-cybercrime-involving-cryptocurrency

Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency

Four Vietnamese nationals were charged in a U.S. court for a series of cyber intrusions causing over $71 million in losses. The defendants, part of the cybercrime group “FIN9,” allegedly hacked U.S. companies from May 2018 to October 2021, stealing non-public information, employee benefits, and funds. They used stolen personal and credit card information to

Vietnamese Hackers Indicted in US for $71M Cybercrime Involving Cryptocurrency Read More »

montenegro-prime-minister-listed-among-top-terraform-labs-investors-in-sec-filing

Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing

Milojko Spajic, Prime Minister of Montenegro, was revealed as an early investor in Terraform Labs, co-founded by Kwon Do-hyung (Do Kwon). A filing with the U.S. Securities and Exchange Commission (SEC) lists Spajic as the 16th investor in Terraform Labs, purchasing 750,000 luna coins at 10 cents each in April 2018. This revelation raises concerns

Montenegro Prime Minister Listed Among Top Terraform Labs Investors in SEC Filing Read More »

gemini-founders-donate-$2-million-in-bitcoin-to-donald-trump-to-end-biden’s-‘war-on-crypto’

Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’

Crypto exchange Gemini’s co-founders, Cameron and Tyler Winklevoss, have donated $1 million each in bitcoin to Donald Trump’s presidential campaign. Tyler criticized the Biden administration for allegedly weaponizing government agencies, as well as the U.S. Securities and Exchange Commission (SEC), against the crypto industry. Cameron echoed these sentiments, declaring Trump as the pro-bitcoin, pro-crypto, and

Gemini Founders Donate $2 Million in Bitcoin to Donald Trump to End Biden’s ‘War on Crypto’ Read More »

bitcoin-technical-analysis:-btc-faces-continued-downtrend-amidst-high-selling-pressure

Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure

Bitcoin’s price continues its downward trajectory, coasting along at $63,950 per unit on June 21, 2024. Despite showing potential entry points, the market is experiencing significant selling pressure across all time frames. Technical indicators suggest a cautious approach for traders as bearish trends dominate the charts. Bitcoin In the short term, the 1-hour chart indicates

Bitcoin Technical Analysis: BTC Faces Continued Downtrend Amidst High Selling Pressure Read More »

ethiopia-approves-cbdc-launch-draft-proclamation

Ethiopia Approves CBDC Launch Draft Proclamation

The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of a central bank digital currency (CBDC). The National Bank of Ethiopia (NBE) stated that the draft considers rapid technological advancements and draws from the experiences of fellow central banks. Proclamation Grants Ethiopian Central Bank Authority to Launch

Ethiopia Approves CBDC Launch Draft Proclamation Read More »

australian-regulator-appeals-court-decision-exempting-block-earner-from-penalty

Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty

Australian Securities and Investments Commission (ASIC) stated on Tuesday that it had appealed the federal court’s decision to relieve Web3 Ventures Pty Ltd., trading as Block Earner, from liability to pay a penalty for offering unlicensed financial services through its crypto-related Earner product. On June 4, the court found Block Earner’s contraventions serious but exempted

Australian Regulator Appeals Court Decision Exempting Block Earner From Penalty Read More »

philippine-sec-warns-against-skyline-crypto-and-dry-goods-trading-investments

Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments

The Securities and Exchange Commission of the Philippines issued an advisory on Wednesday to inform the public that Skyline Crypto and Dry Goods Trading is not authorized to solicit investments from the public. The company has been offering investment opportunities online, promising returns of 35% in 15 days and rewards like smartphones and vehicles. Skyline

Philippine SEC Warns Against Skyline Crypto and Dry Goods Trading Investments Read More »

unlicensed-crypto-business-leads-to-indictments-in-utah

Unlicensed Crypto Business Leads to Indictments in Utah

Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the

Unlicensed Crypto Business Leads to Indictments in Utah Read More »

bank-of-america:-younger-wealthy-investors-prefer-crypto-over-traditional-investments

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments

Bank of America report shows younger affluent individuals favor crypto and alternative investments, differing from older generations’ traditional focus. “In fact, the most ‘conservative’ group is holding the highest average exposure to crypto,” the bank said. ‘Younger Groups Hold More Crypto and More Alternative Investments’ Bank of America released a report titled “2024 Bank of

Bank of America: Younger Wealthy Investors Prefer Crypto Over Traditional Investments Read More »