Here’s why Bitcoin and altcoins could rise after weak NFP data

Cryptocurrencies and stocks remained on edge after the U.S. released weak nonfarm payroll data, pointing to a potentially dovish Federal Reserve. Bitcoin (BTC) pulled back from around $72,500 to the $70,000 level while Ethereum (ETH) is now down more than… дальше »

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FTX former chief of engineering Nishad Singh spared from prison time

Former FTX executive, Nishad Singh, avoids prison time after being sentenced the Manhattan federal judge. Singh is sentenced to three years of supervised release for his role in FTX’s collapse. дальше »

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AurumXchange operator charged with money laundering in unlicensed crypto exchange case

A recent indictment from a federal grand jury has unveiled the illegal activities of Maximiliano Pilipis, who previously ran AurumXchange, an unlicensed virtual currency exchange located in Noblesville, Indiana. дальше »

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Green United promotor asks to appeal SEC’s $18M crypto mining fraud case

Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right. дальше »

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Former President Trump floats idea of eliminating federal income tax

According to the most recent Polymarket odds, the former President currently has a 65% chance of winning the Presidential election. дальше »

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Tether CEO Rejects WSJ’s Allegations of Federal Money Laundering Investigation

Tether’s CEO rebuts allegations of a U.S. investigation into money laundering, sparked by a Wall Street Journal report. The post Tether CEO Rejects WSJ’s Allegations of Federal Money Laundering Investigation appeared first on BeInCrypto. дальше »

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Tether slams WSJ report alleging US probe as ‘irresponsible reporting’

 Tether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino’s clarification comes after a Wall Street Journal report claimed that federal prosecutors in Manhattan are allegedly investigating the stablecoin issuer. дальше »

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Tether In The Hot Seat: US Federal Inquiry Into Potential Sanctions And AML Violations

Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.  The criminal inquiry, led by prosecutors from the Manhattan US Attorney’s Office, is examining whether Tether’s stablecoin USDT has been utilized by third parties to fund illicit activities, including drug trafficking, terrorism, and […] дальше »

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Bitcoin Price Plunges Following Report of US Government Probe Into Tether

The Bitcoin price has plunged following a WSJ report of a federal probe into Tether дальше »

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US prosecutors considering plea deal for SEC X account hacker

Federal prosecutors are considering a plea deal offer for Eric Council Jr., the Alabama man recently arrested for hacking the X account of the U.S. Securities and Exchange Commission. Bloomberg reported on the latest development in the SEC X account… дальше »

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Satoshi Action Fund seeks to replicate cannabis industry with ‘safe haven’ states for Bitcoin custody

The Satoshi Action Fund is advancing efforts to secure state-level protections for Bitcoin self-custody, employing strategies similar to those used by the cannabis industry to navigate federal regulations. дальше »

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Freedom! Nigerian Court Clears Binance Exec, Orders Immediate Release

Tigran Gambaryan, a Binance executive who had been detained since February, has been officially cleared of all charges by the Nigerian government. The Economic and Financial Crimes Commission (EFCC) requested the withdrawal of the case at the Federal High Court in Abuja during a court session on October 23, 2024. This announcement was made during […] дальше »

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Binance executive Tigran Gambaryan to be set FREE as Nigerian government drops all charges

The Nigerian government has officially dropped all charges against Tigran Gambaryan, a Binance Holdings executive, who had been detained since February. On Oct. 23, the Nigerian Economic and Financial Crimes Commission (EFCC) announced the case withdrawal at the Federal High Court in Abuja. дальше »

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Fed President Claims Crypto Is ‘Almost Never’ Used Outside Of Illegal Activity, Gets Schooled By Industry Pundits

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Nic Carter slams Minneapolis Fed President for saying crypto is ‘almost never’ used outside of criminal activity

Venture Capitalist Nic Carter criticizes Minneapolis Federal Reserve President Neel Kashkari for his remarks on how crypto is “almost never” used outside of illicit activity, even though the data tells a different story. In an X post on Oct. 22,… дальше »

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Coinbase files FOIA requests targeting FDIC over crypto banking restrictions

Coinbase filed two new Freedom of Information Act (FOIA) requests on Oct. 18, seeking regulatory clarity for crypto in the US. The new requests are directed at the Federal Deposit Insurance Corporation (FDIC) and were filed by History Associates Incorporated on behalf of the exchange. дальше »

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Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value

Federal Reserve Bank of Minneapolis labels Bitcoin as a speculative asset that threatens fiscal stability. The post Bitcoin labeled a “useless piece of paper” as FED Bank of Minneapolis cites its lack of intrinsic value appeared first on Crypto Briefing. дальше »

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Global regulators discussing ways to ‘eliminate’ Bitcoin highlights cracks in fiat system

Global regulators have intensified their efforts against Bitcoin, with researchers from the Federal Reserve Bank of Minneapolis and economists at the European Central Bank (ECB) making bold recommendations to “eliminate” the leading crypto. дальше »

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Minneapolis Fed release paper pushing for Bitcoin ban or tax to maintain deficits

The Federal Reserve Bank of Minneapolis recently released a paper that suggested governments should ban or tax Bitcoin in order to maintain primary deficits. In a working paper recently published by the Minneapolis Feds on Oct. 17, governments are urged… дальше »

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Governments must tax or ban Bitcoin to maintain deficits: Minneapolis Fed

The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits. дальше »

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Cardano (ADA) Deep Dive: Reaching $0.50 and Future Potential

Cardano (ADA), one of the leading altcoins in the cryptocurrency market, has caught the attention of investors as it shows signs of a potential rally. Over the past 24 hours, ADA has experienced a 6% price increase, reflecting the broader bullish sentiment across the crypto space following the US Federal Reserve's decision to cut interest rates. дальше »

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Fed official touts DeFi as ally, not rival, to traditional finance

Federal Reserve Governor Christopher Waller believes that DeFi is more likely to work alongside traditional finance rather than replace it entirely. Speaking at the Vienna Macroeconomics Workshop on Oct. дальше »

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Ex-FTX exec Nishad Singh seeks leniency for minor role in collapse

Former FTX executive Nishad Singh is asking a US federal judge for leniency ahead of his sentencing for his role in the exchange’s collapse. In a memorandum filed on Oct. 16, Singh’s legal team emphasized his cooperation with authorities and the limited nature of his involvement, requesting a reduced sentence. дальше »

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U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says

A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court. дальше »

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SEC faces Ripple appeal deadline uncertainty, XRP community speculates

The United States Securities and Exchange Commission’s (SEC) case against Ripple faces new uncertainty, with the community questioning the deadline for the federal agency to file Form C for its appeal. дальше »

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FTX’s Nishad Singh asks to be spared from prison sentence

Former FTX head of engineering, Nishad Singh, urged a Manhattan federal judge to exempt him from a prison sentence for his role in the fall of the cryptocurrency exchange platform. As reported by Bloomberg on Oct. 16 lawyers representing Nishad… дальше »

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US prosecutors push for 5 year prison sentence for Bitfinex-hack mastermind

US prosecutors urged a Washington federal judge that Ilya Lichtenstein, the mastermind who extracted 120,000 Bitcoin ($8 billion) by hacking into the Bitfinex crypto exchange, should get five years in prison. дальше »

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Crypto Market Reacts to Fed Comments Ahead of Major Data

Markets evaluating recent comments from Federal Reserve officials дальше »

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Analyst Forecasts XRP Bullish Breakout – A 1,000% Opportunity?

XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve’s interest rate cuts in late September, the market is experiencing uncertainty and anxiety. дальше »

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Convicted FTX executive Ryan Salame is officially in prison custody

During a recent appearance on Tucker Carlson's podcast, Salame claimed federal prosecutors unfairly targeted him for political reasons.  дальше »

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Nigerian Judge Keeps Binance Exec Gambaryan In Jail: Health Fears Not Enough

A Nigerian Federal High Court has upheld the detention of Tigran Gambaryan, a Binance Holdings Ltd. executive, rejecting his recent bail application on health grounds. The decision, delivered by Justice Emeka Nwite on Friday, maintains Gambaryan’s incarceration despite ongoing concerns regarding his medical condition, as Bloomberg reports. дальше »

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‘XRP Is Not A Security’: Bitnomial Files Lawsuit Against SEC

Bitnomial Exchange, LLC has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners on October 10, contesting the SEC’s claim that XRP is a security. The complaint, lodged in the United States District Court for the Northern District of Illinois, seeks declaratory and injunctive relief against the federal regulator’s attempt […] дальше »

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Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant

The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.

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FBI’s token sting operation faces copyright controversy over MIT license misuse

On Oct. 9, the US Federal Bureau of Investigations (FBI) announced it took an “unprecedented step” of creating a crypto token, NexFundAI, to catch individuals accused of manipulating crypto markets and inflating token values. дальше »

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Fed Releases Crucial Signal for Markets, Here's How Crypto Reacted

Investors continue to digest Federal Reserve meeting minutes дальше »

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Bitcoin dips below $61K despite Fed’s dovish stance

Bitcoin (BTC) continued trading in the red and fell below $61,000 despite the Federal Reserve’s dovish remarks in the Federal Open Market Committee’s (FOMC) minutes published on Oct. 9. дальше »

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XRP Will Jump 75% If It Holds Current Demand Level – Details

XRP is testing a crucial support level to determine the altcoin’s price action in the coming weeks. The market is experiencing uncertainty and anxiety after the past week’s euphoria surrounding the Federal Reserve’s decision to cut interest rates. дальше »

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Big Gains Ahead? Fed Rate Cut Could Propel These Cryptos to ATHs

Cryptocurrency enthusiasts are buzzing with anticipation as the Federal Reserve hints at a possible rate cut. The move could spark significant momentum for digital assets, reigniting bullish trends and pushing certain coins to new heights. дальше »

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86-year-old former attorney to pay $14m for role in crypto Ponzi scheme

Disbarred California attorney David Kagel has agreed to pay nearly $14 million in restitution as part of his sentencing for operating a multimillion-dollar cryptocurrency Ponzi scheme that defrauded investors over several years. дальше »

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Bitcoin Failed Attempt To Break $64,000 Could Lead To A Disaster – Analyst

After weeks of massive volatility, Bitcoin faces heightened risk after failing to break above a key resistance level of around $64,000. Following the Federal Reserve’s decision to cut interest rates, many investors and traders anticipated a full-blown rally throughout October. дальше »

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Tax-free crypto transactions coming to UAE in November to push digital ambition

The United Arab Emirates (UAE) has exempted crypto transactions from the country’s 5% value-added tax (VAT). This exemption is part of an amendment to the Executive Regulation of the Federal Decree Law on VAT. дальше »

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Is UAE setting the stage for a crypto revolution with VAT exemption?

The United Arab Emirates (UAE) has made a significant move in the evolving world of cryptocurrencies by introducing VAT exemptions for virtual asset transactions. On October 2, 2024, the UAE’s Federal Tax Authority (FTA) announced changes under Cabinet Decision No. дальше »

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UAE Exempts Crypto Transactions From Value Added Tax

The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority. дальше »

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Solana (SOL) Path To New Highs: Analyst Eyes $160 As Critical Breakpoint

Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. дальше »

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Can SUI Fall To $1.40? On-Chain Data Exposes Declining Demand

SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve’s recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about whether this upward momentum can be sustained. дальше »

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Bitcoin Data Reveals Short-Term Holder Profitability Improves: BTC Rally Incoming?

Bitcoin is experiencing increased volatility after a recent dip to $60,000, a critical level it currently holds above. Following the Federal Reserve’s interest rate cut announcement, Bitcoin’s price surged aggressively but is now retesting key demand levels, likely determining its next target. дальше »

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Crypto startup accuses SEC of ‘massive regulatory land grab’

Lejilex asked a Texas federal court for a preemptive ruling that would clear it from any potential SEC enforcement action before it launches a crypto exchange.  дальше »

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Australia seizes $6.4M worth of crypto in crackdown on criminal ghost network

In a significant move against organized crime, Australia’s federal police have seized $6. 4 million worth of cryptocurrency linked to the Ghost network, an encrypted communications platform allegedly used by criminal syndicates. дальше »

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Judge finds new California election deepfake ban unconstitutional

Federal Judge John A. Mendez blocked a new California law that allowed any person to sue for damages over election deepfakes. 

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SEC enforcement director Gurbir Grewal resigns

Gurbir Grewal has resigned from the SEC after three years at the regulator and over 100 crypto-related enforcement actions. According to a U.S. Securities and Exchange Commission statement, Gurbir Grewal, the agency’s director of enforcement, will retire from the federal regulator… дальше »

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