Bookmarking Crypto Insights
DIGIT Reports indicate that China is considering changing its negative stance toward bitcoin and cryptocurrency, as the next U.S. administration adopts a more open policy toward the cryptocurrency industry. This shift would be a direct result of President Trump’s support for crypto. China Considering Pivot on Its Bitcoin Strategy Due to President Trump’s Ideas The new … Read more
Bitcoin hitting $100,000 seems all but certain as sell wall after sell wall disappears and shorts risk getting “squeezed” by rampant BTC price momentum. Go to Source
The Russian government might face an influx of illegal bitcoin miners due to rising prices and the impending ban on bitcoin mining in key regions. Analysts state that if authorities fail to address this upcoming problem, it could lead to illegal mining becoming a popular activity. Russian Miners Likely to Engage in Illegal Bitcoin Mining … Read more
A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of crypto influencers on X promoted meme coins that are now defunct. Moreover, two-thirds of the … Read more
Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do. Go to Source
A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting … Read more
Satoshi Action Fund CEO Dennis Porter says a Texas lawmaker has started conversations to introduce strategic Bitcoin legislation at some point in the future. Go to Source
The defendants will likely have to pay something along with “neither admit nor deny” type language, says Pantera’s chief legal officer Katrina Paglia. Go to Source
The U.S. Justice Department has announced the seizure of Popeyetools, a cybercrime marketplace, and unmasked its role in illicit cryptocurrency transactions. Administrators Abdul Ghaffar, Abdul Sami, and Javed Mirza were charged with selling stolen financial data and facilitating crimes involving ransomware and fraud. Since 2016, Popeyetools generated $1.7 million in revenue, partly from cryptocurrency payments, … Read more
The Cheems token on the Binance Smart Chain (BSC) is gaining significant momentum, surging by 60% in the past 24 hours and boasting a remarkable 306% increase since November 5. Its current market value has reached $150 million, positioning it as a promising contender in the crypto space. One of the largest holders of Cheems, … Read more
