The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting networks and facilitators involved in crypto transactions linked to the terrorist group Hamas. The move comes in response to Hamas’ alleged continued efforts to exploit various financial transfer mechanisms, …
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Denver-based internet pastor, Eli Regalado, is at the center of a controversy surrounding an alleged crypto Ponzi scheme involving INDX coin. The self-proclaimed spiritual leader has come under scrutiny as Colorado’s securities regulator investigates his deceptive practices, which reportedly resulted in over $3 million in ill-gotten gains. Fortune magazine report shed …
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A recent report by CoinShares revealed that higher-cost crypto fund issuers in the United States have experienced a significant outflow of $2.9 billion since the new spot Bitcoin ETFs hit the market. Growing Dominance Of Bitcoin ETFs Per the report, while experiencing minor outflows of $21 million last week, digital …
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Bitcoin (BTC), the largest cryptocurrency in the market, has encountered a significant downturn following the waning hype around exchange-traded funds (ETFs), resulting in a 9% decline over the past fourteen days. However, Glassnode co-founders remain optimistic, asserting that the recent price corrections align with historical patterns and could propel Bitcoin …
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According to a recent report by Messari, smart contract platform Algorand (ALGO), showcased notable growth and outperformed the general crypto market during the fourth quarter of 2023. Algorand Outperforms Crypto Market Growth Per the report, Algorand experienced a surge in market capitalization during Q4 2023, with a significant growth rate …
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Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has been granted crypto registration by the French markets watchdog Autorite des marches financiers (AMF). According to a recent announcement made by the exchange, this approval allows Gemini to offer its services as a virtual asset services provider in France. The company …
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In a recent announcement by Binance, the BNB Foundation declared the successful completion of the 26th quarterly Binance Coin token burn through the BNB Chain. The burn, which included Auto-Burn and the Pioneer Burn Program, eliminated a significant amount of the exchange’s native token from circulation. BEP95 Initiative Results In …
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In a recent interview with CNBC’s Squawk Box, JPMorgan CEO Jamie Dimon has once again expressed his skepticism towards Bitcoin, the largest cryptocurrency in the market. This new wave of criticism comes despite JPMorgan’s involvement as an authorized participant (AP) for BlackRock’s Bitcoin ETF. JPMorgan CEO Calls Bitcoin A “Pet …
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In a highly anticipated court hearing on January 17, the ongoing legal battle between the US Securities and Exchange Commission (SEC) and Coinbase, the US-based cryptocurrency exchange, took a dramatic turn. Coinbase argued that the tokens traded on its platform should not be considered securities, which could positively impact the …
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Over the past 30 days, Ethereum (ETH), the second-largest cryptocurrency, has experienced a notable surge of 17%, outperforming Bitcoin (BTC), which has recorded a surge of 2.5% over the same period. This comes as the initial excitement surrounding the approval of the exchange-traded funds (ETFs) by the US Securities and …
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Decentralized oracle project Chainlink has recently incorporated Circle’s cross-chain transfer protocol (CCTP) into its own Chainlink Cross-Chain Interoperability Protocol (CCIP) system. The integration aims to enable the “secure transfer” of Circle’s USDC stablecoin across different blockchains. Chainlink’s Integration Of CCTP According to a press release, the integration of CCTP expands the …
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In a significant development that could potentially impact the Bitcoin price, Arkham Intelligence data reveals that Grayscale, the manager and owner of the Grayscale Bitcoin Trust (GBTC), has been sending a significant amount of Bitcoin to Coinbase since the launch of Bitcoin spot exchange-traded funds (ETFs) on January 12. Grayscale …
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