2024-8-30 13:48 |
Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs. origin »
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When Donald Trump entered the White House in January, crypto markets expected alignment between policy and price. The new administration delivered on some of its promises by providing regulatory clarity, friendlier oversight, and the strongest institutional welcome Bitcoin had ever received.
The US has never owed more money that it does today, and some believe the solution isn’t political reform or higher taxes but Bitcoin itself. America’s national debt has crossed $38 trillion, surpassing the country’s annual GDP by nearly 31%.
The 12 spot Bitcoin exchange-traded products (ETFs) in the United States reversed sharply last week, recording $1. 2 billion in net outflows. According to SoSoValue data, this was their second-largest weekly setback since launching in January 2024.
Arkham Intelligence flagged a transfer of 667.624 BTC from a U.S. government address to a new wallet; the coins remain unmoved as markets watch closely.
US Treasury waives 15% corporate minimum tax on Bitcoin, that saves companies billions. Strategy surges because unrealized gains will not be taxed anymore.
Lawmakers in Washington are weighing how the federal government should approach custody of Bitcoin and other digital assets. A new bill, HR 1566, directs the Treasury Department to prepare a comprehensive report on the feasibility of creating both a Strategic Bitcoin Reserve and a wider Digital Asset Stockpile.
Victims of the “wrong number” scam across the United States, including Ohio, are getting some form of justice thanks to the latest initiatives of the US authorities. According to the Federal Bureau of Investigation (FBI), 33 crypto fraud victims nationwide, including a city of Mentor resident, have been identified.