Bitcoin Price Pushes Above $44,000 as Bulls Regain Control – Where Next for BTC?
The Bitcoin (BTC) price just hit its highest level since the 12th of January above $44,000. The world’s largest cryptocurrency by market cap seems to be taking its cue from bullish momentum in US equities. The S&P 500 came within a whisker
Scaramucci Urges Crypto Community to Support Biden Over Trump at Digital Assets Event: Report
Former White House Director of Communications Anthony Scarmucci urged the crypto community to support current President Joe Biden over Republican frontrunner Donald J. Trump during a February 1 appearance at a Duke University digital assets event. Scaramucci Warns Trump is Bad
Bitmain’s Mining Firm BitFuFu Set to Go Public in the U.S. via SPAC
BitFuFu, a bitcoin mining firm affiliated with Bitmain, a prominent player in the cryptocurrency mining industry, is advancing towards a public listing in the United States through a merger with a special-purpose acquisition company (SPAC). On December 31, BitFuFu filed an F-4 form
Illicit Virtual Asset Use On The Rise, U.S. Treasury Report Reveals
The U.S. Treasury Department is seeing an increase in illicit crypto use according to a Thursday report. The department’s 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing report highlights that virtual assets are increasingly used by illicit
U.S. Treasury Department Highlights Increasing Use of Crypto by Criminals in 2024
The U.S. Department of the Treasury has released its 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financing, outlining the most significant threats facing the United States in illicit finance. The reports detail updates to the anti-money laundering and
Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase
Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. According to the report, consumers could have collectively saved a minimum
Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis
Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical infrastructure, with significant supply
Bitcoin Miner CleanSpark Purchases Four Mining Facilities, Set to Double Hash Rate
Bitcoin miner CleanSpark announced in a February 6 press release that it had acquired four new mining facilities three facilities in Mississippi and one facility in Dalton, Georgia. With these acquisitions, CleanSpark is set to double its hash rate in the
SEC-Registered Crypto Company Prometheum Launches First Product: Ether Custody Service
Prometheum, the only SEC-registered digital asset service provider in the US, will offer its first crypto product in March: Ethereum custody, according to a report by Fortune. It is potentially big news for the industry. A successful launch could end up
European Markets Org Praises Bank of England On UK Stablecoin Rules
Today, the Bank of England extended the deadline for citizens to provide feedback on its proposed regulatory regime for UK stablecoins from February 6 to February 12. The central bank’s discussion paper focused on rules for sterling-denominated stablecoins, which it believes