Tag: bitsellx

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German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks. With seized user and transaction data, authorities are set to pursue further…
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SEC Reviews Proposal for New Bitcoin, Ether ETF Custodians

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings. SEC Reviews Proposal for…
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XRP Price Prediction: Crypto Pundit Predicts Historical 9,468% Pump To $27

A new XRP price prediction by popular crypto pundit Egrag Crypto projects that the cryptocurrency could experience a historical price surge of about 9,468%. This predicted price gain would push XRP from its current price of $0.58 to $27, marking new All-Time Highs (ATHs).   XRP Price Forecasted To Pump To These Targets Egrag Crypto has…
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JPMorgan CEO Jamie Dimon on Fed Rate Cuts: Bigger Economic Problems Ahead

JPMorgan Chase CEO Jamie Dimon has downplayed the significance of Federal Reserve rate cuts, emphasizing that broader economic forces are at play. He cautioned against focusing too much on the type of economic landing. “Honestly, most of us have been through all that stuff, it doesn’t matter as much,” said the JPMorgan executive. Jamie Dimon:…
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A Record $21.77 Billion In Bitcoin Shorts Will Be Liquidated Once BTC Breaks $70,500

Bitcoin is trending higher at spot rates, floating above $60,000 and confirming gains of September 13. From price action in the daily chart, buyers appear to be back in the picture. The confidence follows the United States Federal Reserve’s (Fed) decision to slash rates by 50 basis points on September 18. Over $21 Billion Of…
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Cryptoquant: Coinbase’s cbBTC Could Challenge Bitgo in Wrapped Bitcoin Market

This week, Cryptoquant researchers highlighted a new rivalry heating up in the wrapped bitcoin market, with Coinbase’s cbBTC stepping up to challenge Bitgo’s long-established reign. Coinbase’s Wrapped Bitcoin Token cbBTC Shakes Up Market Coinbase introduced its wrapped bitcoin token, cbBTC, in mid-September 2024, and it has swiftly expanded to a supply of 1,670 cbBTC, according…
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Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set…
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860 Terahash — Hut 8 and Bitmain Partner to Launch New Direct Liquid-to-Chip ASIC Miner

Hut 8 Corp. has announced an expanded partnership with Bitmain Technologies, unveiling the U3S21EXPH, a next-generation ASIC miner. The launch represents a significant milestone, with plans for deployment in Q2 2025 and a potential transition to self-mining through a purchase option. Hut 8 and Bitmain Partner on Innovative Miner to Boost Bitcoin Mining Infrastructure The…
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Crypto Analyst Predicts Dogecoin Will Surge 1,000% Past ATH – Price Targets Revealed

Dogecoin is at a crucial price level following a market surge driven by the Federal Reserve’s announcement of a 50 basis point interest rate cut. The meme coin is on the verge of breaking a resistance that could ignite a rally to new highs. Analysts and investors are making bold predictions, with one analyst forecasting…
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Nervos Network Bulls Add More Profits To Their Wallets With Gambling Token Mpeppe

The Nervos Network (CKB) has seen substantial growth in recent months, making it a standout in the cryptocurrency space. Nervos Network (CKB) recorded a significant increase in value, climbing by 119% in just one week. As this bullish momentum continues, many investors are turning their attention to alternative opportunities to diversify their portfolios, and one…
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