Bitcoin Surges Past $70,000, Nearing ATH Amidst Crypto Frenzy
Bitcoin (BTC) reached $70,000 on Monday, marking its highest level in over a month, fueled by a surge in spot buying and spot BTC exchange-traded fund (ETF) purchasing.
Cryptocurrency
Read More
Paraguay Cracks Down on Illegal Bitcoin Mining
Paraguay is taking a tough stance against illegal bitcoin mining operations by proposing legislation that includes up to 10 years in jail for mining illegally and provisions for seizing and selling mining equipment from unlawful operations.
Circle Relocates from Ireland to the U.S.
Circle has confirmed plans to relocate its legal base from the Republic of Ireland to the United States, foregoing Ireland’s low corporate tax rates. This move is tied to Circle’s proposed initial public offering (IPO) plans, which were disclosed earlier this year.
Outrageous XRP Price Targets This Year
Analysts have made bold predictions for XRP’s price, with targets ranging from $5.85 to a staggering $100 or even $470, although the extreme targets are unlikely to be achieved. The ongoing Ripple vs SEC lawsuit significantly impacts XRP’s price movements.
Bitcoin Soars to Highest Price Since Halving Event
Bitcoin’s price has surged to its highest level since the halving on April 19, reaching $67,422 before a slight pullback, driven by a combination of factors including new investor demand and geopolitical turmoil.
Solana Emerges as Fastest Blockchain Amid Meme Coin Frenzy
A report reveals that Solana became the fastest blockchain, outperforming Ethereum and Polygon, during the recent meme coin craze, reaching a record 1,504 transactions per second.
Top Litecoin Investor Shifts $250K to Algotech
A prominent Litecoin holder has strategically redirected a substantial $250,000 investment to Algotech, an emerging decentralized algorithmic trading platform, amid bullish signals for Litecoin’s potential breakout.
Cardano Surges Over $500M in Market Cap on Positive CPI Data
Cardano (ADA) witnessed a significant boost, increasing its market capitalization by over $500 million following a positive response from financial markets to the latest Consumer Price Index (CPI) data release.
China Busts $1.9B Illegal Crypto Banking Operation
Police in Chengdu, China, have dismantled an underground banking operation that used the USDT stablecoin to facilitate illegal foreign currency exchanges worth at least $1.9 billion, leading to the arrest of 193 suspects nationwide.
MIT-Educated Brothers Accused of $25M Crypto Heist
Two brothers, Anton and James Peraire-Bueno, who studied at the prestigious Massachusetts Institute of Technology (MIT), have been charged with wire fraud and money laundering for allegedly stealing $25 million worth of Ethereum cryptocurrency in a sophisticated 12-second heist.